Content about Business

07.01.10

As expected, Massachusetts' universal health care program (a.k.a. ObamaCare Lite) is running into problems. And the Boston Globe, desperate to find the magic formula to make it all work to justify their demands for it, is auditioning a new villain for the piece. And make no mistake -- they need a bad guy who they can blame for the current system's failures. They need to rally people's passions for "reform" and "change," and the easiest way is to pick a fiend for everyone to hate.

06.30.10

It's becoming clear why President Obama first tapped Elena Kagan for his Solicitor General, and then Supreme Court nominee: their ideologies and ethics are remarkably congruent. And that alone should be enough to scuttle her nomination.

Back in the 1990's, Kagan was working for the Clinton administration. At that time, there was a bit of a fight over partial birth abortion. The American College of Obstetricians and Gynecologists offered their professional opinion on the matter, and their paper stated definitively:

06.30.10

Just a quick discussion-starter:

What are the BEST and WORST Supreme Court decisions made during your lifetime?

Why?

06.22.10

That's what the headline would read if McChrystal had been the Commander in Charge of Afghanistan operations under George W. Bush, and was on the record saying things like this: McChrystal, the article reports, took control of the war, the article states, "by never taking his eye off the real enemy: The wimps in the White House."

06.22.10

The Obama administration is having a very bad week. Today, federal judge Martin Feldman issued an order barring the administration from implementing its six-month moratorium on deep-water oil exploration in the Gulf. Judge Feldman reviewed the order under the Administrative Procedure Act. Applying the APA's standard, Judge Feldman found that the administration's action was arbitrary and capricious.

Judge Feldman was influenced by the fact that the Obama administration's order relied heavily on a lie:

06.22.10

Today, on the Ed Morrissey Show (3 pm ET), Andrew Malcolm of the Los Angeles Times’ Top of the Ticket blog joins us by telephone today, as he is on the road.  We’ll talk about the latest in politics and media, especially about the unfolding crisis between the White House and its commander in the main theater of war.  We’ll also talk about the polling fallout of the Oval Office speech, and all of the rest of the headlines.

06.21.10

Over the weekend, I read that the Senate Armed Services Committee decided to cut $1 billion from the aid the Obama administration requested for Iraq during that country's period of transition to a new government. The cuts extend to funding for security forces. They seem absurd under the present circumstances. With the number of U.S. troops in Iraq to be halved this summer, just as Iraq is trying to form a government, how does it make sense to cut funding for Iraqi troops who are trying to fill the gap left by American units?

06.21.10

This really has to be seen to be believed. We all know that MSNBC--Chris Matthews, Rachel Maddow, etc.--is in the tank for the Obama administration, but I think this is the first time an on-air MSNBC personality has confessed to "working with the White House" on talking points; here, regarding the Gulf oil spill. The MSNBC employee in question is Mika Brzezinski, the daughter of Jimmy Carter's national security adviser. It's really pretty funny to see her reading the White House talking points on air:

06.21.10

Actually, it struck a while ago. But now it is affecting law schools in ways that have become embarrassingly transparent:

One day next month every student at Loyola Law School Los Angeles will awake to a higher grade point average.

But it's not because they are all working harder.

The school is retroactively inflating its grades, tacking on 0.333 to every grade recorded in the last few years. The goal is to make its students look more attractive in a competitive job market.

06.16.10

Here’s some advance information in prep for Rep. Roskam’s testimony in front of the House Ways & Means Committee on Medicare fraud: Roskam’s Straightforward Fix to Medicare Fraud Predictive modeling technology would save billions

06.16.10

What’s going on with the Sestak quietude? Ed muses: “Now the same party leaders whine to Politico that Sestak hasn’t called to get them on his side. Well, perhaps he’s waiting for some apologies, from both the party leaders and from the White House, which are pretty clearly in order.” What if Sestak just doesn’t want to answer questions? What if the answers get everyone in trouble? What if he’s been threatened?

06.16.10

WASHINGTON D.C. — Republican Whip Eric Cantor (R-VA) and the House Republican Economic Recovery Working Group today announced a new round of YouCut proposals for the public to vote on. So far, more than 860,000 votes have been cast.  As they’ve done every week since the project’s launch, House Republicans will bring the winning cut to the floor next week for a vote.

06.16.10

The US State Department labeled North Korea a “criminal state.” Sounds good.  The problem is that the label has no legal or diplomatic import.  It’s just words.

06.16.10

First headline – Monkeys like watching television. Do you actually have to read the article? Go for it.  No, btw, I did not watch Obama’s speech.  Got my fill of fiction earlier in the day.  Speaking of which …

06.16.10

You must be kidding me.  But this is Reuters reporting it, not The Onion:

06.16.10

In a press conference today DCCC Chairman Chris Van Hollen attempted to use the oil spill to garner support for his politically motivated DISCLOSE bill.

06.16.10

The definition of a tough crowd? When Obama sycophants like Keith Olbermann, Chris Matthews and Ezra Klein all give the President’s speech the worst reviews since the latest Ben Affleck movie, there’s not a whole heckuva lot for the MWU to add. Perhaps Olbermann said it best (didn’t think you’d ever see that line, did you?

06.16.10

Responding to President Obama’s speech about the Gulf oil spill this morning, Senate Republican Leader Mitch McConnell said, “The immediate issue here is a broken pipe that’s been spewing hundreds of thousands of gallons of oil a day into the ocean for mor

06.16.10

If there is anything worse for a leader than rhetorical impotence, I don’t know what it is. Even a sex scandal implies some sort of virility. But empty words? [Text here.]

06.16.10

Here’s a list of things a community organizer never has to do. He doesn’t have to: Make tough decisions Make payroll Hire and fire Do the actual work Live with the consequences Here’s a list of things a president must do: Make tough decisions Hire and fire Do actual work Live with consequences *funding optional and dependent on Congress aka The Board

06.15.10

57 days after oil spill began, President Obama, along with his most trusted advisor, Ted Teleprompter,  will address the nation tonight about the horrible situation in the Gulf. We’ve read that much of the speech will have absolutely nothing to do with fixing the leak. Right now, people across the country are unanimous in their desire for the leak to be plugged and the mess to be cleaned up, period. Diverting attention and resources to other ideological or reactionary pursuits is not the answer right now.

03.07.10

Among the New York Times's bogeymen these days are credit default swaps and derivatives in general. On Friday, the paper's editorialists tried to blame such instruments for the financial crisis in Greece. I am not an expert on derivatives, so I asked a friend who is an expert to evaluate the paper's arguments. Here is his response:

03.07.10

The news we have been warning you about is in. Government workers on average exceed the pay scale of those in private industry. The unsustainable situation is here. It is now clear that Bill Clinton was a bit premature when he said that the “era of big government is over.” Sadly he didn’t count on [...]