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:

The hatred of all things Sarah Palin continues unabated.

The Huffington Post, in its continuing attempt to beat out The Daily Kos as the official source for Palin-bashing, ran a story describing the supposed antics of Governor Palin and her "entourage" at something called an "Oscar gifting suite."

As Huff-Po "reports":

Attorney General Eric Holder yesterday invoked the state secrets privilege in connection with a case titled Shubert, et al. v. Barack Obama, et al.. The Shubert case is pending in federal district court in San Francisco. Assuming the court agrees with the Obama administration's position, the case will be dismissed on the ground that it cannot proceed without a danger that vitally important national security secrets will be revealed.

Drudge has a linkless red headline that The New York Times will report tomorrow that Obama is going full steam into regulating executive pay: