Month: September 2009

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Cracking Down on Ratings Agencies

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In Uncategorized
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On September 23, 2009
This is a very important step, and hopefully something like these proposals will go forward. As with the collusive accounting practices that were a major part of the Enron scandal, the principal-agent problems with the ratings agencies are indeed severe — it’s not just that the ratings agencies have their own independent interests, but that […]

This Can’t Be Right

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On September 23, 2009

The Yankees may not use the greatest pitcher athlete in Yankee known human history in their post-season rotation? If they remember his countless great starts — why, who can forget that masterful

The Liberal Democrats Gunning for Labour

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In Uncategorized
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On September 22, 2009
Which given the current polling context, is not news that Labour need. While in the early summer I speculated that Labour still had a chance for a hung parliament, especially with the replacement of Gordon Brown with Alan Johnson, now that looks highly unlikely. The Lib Dems and Labour present the UK with the most […]

Hack of the Day

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On September 22, 2009

Michael Barone. (Am I right to remember that Barone once had a reputation as being something other than a fourth-rate op-ed propagandist?) See also, although of course even if Gladney was a genuine vi

Obstruction of justice

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In Uncategorized
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On September 21, 2009
It’s always difficult to figure out what’s going on from news reports regarding a criminal investigation, but this story raises a lot of questions. First, why isn’t Zazi being charged under one of several very broadly-worded federal anti-terrorism statutes? If, as the FBI asserts, Zazi admitted attending courses “at an al-Qaeda training facility in the […]

The Process Projection

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On September 21, 2009

I obviously agree with Ed Kilgore’s point that voting for cloture should be the minimal acceptable standard for being a Democratic caucus member in good standing, but I think this is an especial

24th

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On September 20, 2009

Holy crap. Not only did we not break Oregon State’s hallowed PAC-10 record of futility, thanks to Idaho (for whom one of my future brothers-in-law works for), but on the heels of the 16-13 upset

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