Lincoln might subvert the White House’s preference for a derivatives title with few loopholes, the Treasury Department fired warning shots in her direction. Soon thereafter, Lincoln took Washington by surprise by unveiling a strong derivatives reform title
But, heck, economic growth is corporate bailout! Growth is a bailout for feckless state and local politicians! Everything is either a bailout or else it’s collapse
The story I would tell is that we’re seeing a bit of an ironic switcheroo in which the liberals who normally tell me markets aren’t perfect are now telling me not to worry about the US (or German or Japanese) fiscal deficit because interest rates are so low.
[Israel/Palestine][US]These aren’t tactical blunders, they’re substantive commitments. And they’re appalling ones. We just had a nice nationwide Two Minute Hate over Helen Thomas’ desire to purge Israel/Palestine of its Jewish population, but her vision and Netanyahu’s are nearly mirror images
But the American right offers, in practice, no support for these kinds of market-oriented policies. Instead it’s spent thirty years deeply investing in rabid anti-tax politics that have completely conquered the Republican Party and largely conquered the Democratic Party as well. Now it’s nearly
Arizona state Treasurer Dean Martin, a Republican candidate for governor, called on Tuesday for the creation of statewide tent cities to house the expected increase in the number of illegal immigrants expected to be arrested under the state’s controversial new immigration law.
^^;If anything, what we’ve learned over the past 3-4 years is that whether or not the crazier candidate prevails in these contested races, whoever prevails ends up needing to adopt full-spectrum craziness
It’s really no surprise that the Army is interesting in arresting leakers, but it’s a reminder of what weak tea the notion that there can be no prosecutions of Bush administration officials because that would be “looking backwards” instead of forwards is. Investigatory agencies are always lo
I’ve seen a fair amount of recent commentary about anti-democratic attitudes among China’s urban bourgeoisie and it seems to me that desire to preserve this system could plausibly be a driver of said attitudes
[Israel/Palestine]So say what you will about the blockade strategy—it is succeeding in its goal of subjecting the population of Gaza to escalating immiseration
[Gaza/Flotilla][Hamas][Israel/Palestine]ガザの集団的懲罰this immiseration problem probably will erode Hamas’ political support over the long run, it’s much more likely to erode it in favor of support for even more radical groups than it is to produce a revival of liberal humanism in Gaza
this means that Chinese municipalities may actually be quite exposed to a potential sudden crash in revenues. I’m not sure that’s what’s happening since a bubble in land prices and a bubble in housing prices are different things
Matthew Yglesias » Lincoln and Leverage
Matthew Yglesias » Life is a Series of Bailouts, and Then You Die
Matthew Yglesias » The Best Case I Can Make for Fiscal Retrenchment
Matthew Yglesias » Sanctioning Iran
Matthew Yglesias » Maybe Israel Doesn’t Offer to the Leave the West Bank Because It Doesn’t Want to Leave the West Bank
Matthew Yglesias » Why More Support for Taxes Would Make a Freer Market
Matthew Yglesias » AZ Treasurer Wants to Build “Tent City” to Facilitate Mass Detention of Immigrants
Matthew Yglesias » Primaries
Matthew Yglesias » This is the Sound of Hope Dying
Matthew Yglesias » Leveling Up, Not Down
Matthew Yglesias » U.S. To “Look Back” And Prosecute Leaker
Matthew Yglesias » Hukou
Matthew Yglesias » The Palestinian Economy
Matthew Yglesias » Israel Cocoon Of Denial
Matthew Yglesias » McCartney Mocks Bush, Boehner Demands Apology
Matthew Yglesias » Collective Punishment in Gaza
Matthew Yglesias » Gaza
Matthew Yglesias » Goodbye to Dalian
Matthew Yglesias » Land Prices and the Chinese Public Sector
Matthew Yglesias » Irish Aid makes Jeffrey Sachs a foreign aid project