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Archive of Articles in the "Economics" Category

Friday Talking Points [63] -- Populist Rage?

[ Posted Friday, January 30th, 2009 – 18:12 UTC ]

While I think a growing populist rage is indeed possible in this country at this point, I don't quite think we're there yet -- and I really don't think most Washington politicians would know how to ride that wave even if it did appear. Because, from Obama on down, Democrats know how to stoke the fires of populist rage, but what they propose doing about it usually falls far, far short of what I would call "populism."

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And A Naughty Monkey Shall Lead Them: Upcoming RNC Palin Wardrobe Auction?

[ Posted Wednesday, January 28th, 2009 – 16:48 UTC ]

Sarah Palin is the goose that just keeps laying golden eggs, so to speak, and the Republican National Committee seems astonishingly clueless when it comes to capitalizing on Palin's star power. I mean, this is supposed to be the party of free enterprise, making lots of money, and fatcats in general. And yet, a little girl has to show them how to make money? In an Obama-esque spirit of reaching across the aisle, I would like to rub their noses in it.

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Obama's First 168 Hours

[ Posted Tuesday, January 27th, 2009 – 17:10 UTC ]

Our new president has had a pretty good first week in office. In his "first 168 hours" (for those of you who love arbitrary timelines for the "honeymoon" period), he has made good on quite a few campaign promises, sent an envoy to the Middle East on a "listening tour," and pushed his stimulus package in Congress. All around, an impressive first week by any standard.

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Friday Talking Points [62] -- Obama's Inaugural Speech

[ Posted Friday, January 23rd, 2009 – 18:13 UTC ]

Because Obama's Inaugural speech was indeed masterful. When he started speaking, I was thinking "which line will be the one everyone focuses on?" In other words, which line will be the "nothing to fear but fear itself" or "ask not what your country can do for you, ask what you can do for your country" moment? Both of those lines are from previous inaugurations, so what would be remembered from Obama's speech?

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Guest Column: Why Obama's Election Should Be Considered Historic

[ Posted Monday, January 19th, 2009 – 03:00 UTC ]

Obama has said that he will be the President of ALL Americans. As such, he will certainly disappoint. But that's all right. I didn't just award him my vote, I awarded him my trust. My hope is that he is wiser than I, more knowledgeable than I. And I trust him to make the decisions I hope that I would make, if I were wiser and more knowledgeable. I hope Obama's presidency will be as all presidencies should be: constitutional, ethical, transparent, broadly representative and reality-based. Even though each of us are "special interests," he doesn't have to pander to me, he doesn't have to be "black," he just has to represent me. I don't demand a bigger piece of the pie. I may not even GET a piece of the pie. All I ask is that I have a seat at the table.

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Friday Talking Points [61] -- Pardon Me?

[ Posted Friday, January 16th, 2009 – 16:49 UTC ]

Taking that last one first, the status in Washington is fast approaching Officially Freaking Out (in the tradition of acronym-crazy D.C., I will refer to this from now on as "OFO") as they contemplate the city being overrun by Inauguration visitors. To put this in perspective, Washington's population is around 600,000 people. Estimates of the crowd which has even now begun descending on the city range from one million up to three million. Three million people is five times the population of the city. For comparison, take the population of the town or city you live in and multiply it by five. Now picture that many out-of-towners arriving for an event. It's like Woodstock descending on a small town, in other words. Or, if you prefer, a Medieval siege. No word yet on where to park the catapults and trebuchets.

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Bush's Final Press Conference

[ Posted Monday, January 12th, 2009 – 17:36 UTC ]

President George Bush gave his final press conference today. Lest I be accused of "Bush Derangement Syndrome," I'm reproducing some of the most interesting answers Bush gave today, with a minimum of snarky commentary. Actually, what I (and many others) have would properly be called "Bush Fatigue," as even his final week in office seems somehow endless. But I think it's worth taking one last peek inside Bush's thinking because it is so interesting to hear how his views of his term in office differ so significantly from the way others see him. If you'd like to read the entire transcript of the press release, the White House website has it up.

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My 2008 "McLaughlin Awards" [Part 2]

[ Posted Friday, December 26th, 2008 – 18:05 UTC ]

Three names suggest themselves in this category. The first, sad to say, is Sarah Palin. While some dismiss her with the term (which she herself uttered on Saturday Night Live) "Caribou Barbie," my educated guess is that we have not seen the last of Alaska's governor on the national stage. Because while the list of things Palin lacks is long and daunting, she has one star quality which may prove to be strong enough to cancel all the rest out -- charisma. A politician can learn about such mundane things as world events and how to speak with political finesse, but charisma can't really be learned -- it's more of an innate quality. And Palin's got it. For those laughing at the prospect of Sarah Palin ever reappearing, I caution that when Ronald Reagan first ran for president, we all laughed at him, too. An actor becoming president? Pre-pos-terous! So don't underestimate charisma, or Palin's ambition.

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In Praise Of Senator Dianne Feinstein

[ Posted Tuesday, December 23rd, 2008 – 16:52 UTC ]

I am not usually an enormous fan of California's senior senator. But I have to give Dianne Feinstein credit where credit is due, and praise her for stepping up to the plate on introducing some accountability and limits to the Wall Street bailout money. Also (being filled with the holiday spirit) I have words for praise for Senators Norm Coleman (R-MN) and even Joe Lieberman (Joe Liebermans For Joe Lieberman Party - CT).

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Make Wall Street Take The Same Deal The Autoworkers Get

[ Posted Monday, December 22nd, 2008 – 19:02 UTC ]

I would suggest that no employee of any Wall Street firm getting taxpayer money can make any more than a union autoworker. That would be a good place to start from.

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