It doesn't even temporarily work for the bond markets anymore. As Krugman says, the problem isn't so much the Spanish banks getting bailed out as the fact that almost everyone else is getting a reverse-bailout.
General
The Supreme Court today refused to hear 7 appeals from detainees being arbitrarily detained at Gitmo. As of now, Boumediene is a Potemkin monument to human rights, signifying a commitment.
Seth Stephens-Davidowitz's piece from a couple of days ago explaining his research connecting racially charged Google searches with voting patterns for Barack Obama has made the rounds. And while I'm.
Laura Clawson provides an extremely useful service in compiling a glossary of terrible labor coverage. An example: Big labor—Ooh, scary, right? Not just labor, not just unions, not just millions of working people joined together, fighting together rather than one by one, having hired some...
Diane Ravitch fired by Brookings -- dissenting from Waiting For Superman-style nonsense is bad for your career even if you're not at an explicitly conservative think tank.
Dave Zirin makes the strongest possible case to root for the Heat over the Thunder--that the Zombie Sonics owners are evil, evil men. And it's a pretty compelling case.
I just don't understand some types of liberals. This is particularly true of the self-hating liberal who consistently believes that if we only ignored those naughty conservatives like Rush Limbaugh and find the many reasonable voices of the Right, we could bring the nation out...
Richard White's Railroaded is an utterly brilliant book. White has been one of the leading historians of the United States over the past 30 years. His first book, Land Use,.
Shorter Verbatim Sally Quinn: "The Obamas have been roundly criticized for not being part of the Washington social scene. The question is, does it matter? Could Obama win or lose.
I haven't said anything about the Stanley Cup finals -- since I've been prescient about the Kings and completely missed the boat on the Devils throughout the playoffs my position would be clear and only half-credible. And then it looked like it would be a...
I'll have several posts about Netroots Nation up over the next 2-3 days. But one thing I found myself doing was defending unions against the charge that they only look.
Having pundits with day jobs does lead to some unusual truth-telling: “The New York Times Book Review is run by Sam Tanenhaus, who is very much a neocon, and makes.