Wherever you are, stop and read this absolutely stunning article by Michael Lewis (a hero of mine) on the subprime mortgage crisis. The entire thing just leaves me speechless. Money quotes: He called Standard & Poor’s and asked what would happen to default rates if real estate prices fell. The man at S&P couldn’t say; [...]
I supported Barack Obama from the beginning of the Democratic primary process, not so much because of his policy stances with regards to his competitors, but because of what I saw as his nuanced understanding of process as well as policy. I also thought that the greater emphasis he would give to long-term issues such [...]
Also known as, predict 95% of election results in a half hour! Before Nate Silver became a blogging superstar at 538, he was a prominent baseball blogger, primarily known for his work on PECOTA, the most accurate baseball projection system around. PECOTA takes into account scores of factors in order to project a players’ performance [...]
I heard of this governor Rod Who today was indicted for fraud Fitz planted a bug Inside of his rug While the blogosphere loudly guffawed
Has Fitzgerald been able to uncover anything re: Blagojevich’s hair yet?
The global warming debate and the various financial bailouts before Congress actually have a lot in common in terms of legislative strategy. In both cases, you have Serious People, experts in their fields, issuing warnings that seem amazingly dire to those of us that are fat, happy, and accustomed to the past two decades of [...]
In pretty much every other alternate universe, Eliot Spitzer is the second-most powerful man in the world right now.
President-Elect Obama (awesome!) laid out more specifics about his plans for economic stimulus in his weekly radio address today. The deep recession we’re entering into is horrible for the country, and most people assume that it will be horrible for Obama, as it will limit his options, and provide ammo to deficit hawks. There is [...]
Since Rahm Emanuel has been made Chief of Staff designate, there’s been a steady undercurrent of comparisons between Rahmbo and Chuck Norris. Knowing how internet-savvy Team Obama is, I really wonder whether they are knowingly encouraging the comparison. Having your Chief of Staff be viewed as a legendary badass by your base will definitely help [...]
Tagged internet, meme, obama, rahm