Sunday, November 30, 2008
Horns
Ugh, this is going to get interesting. OU is a good team, but I'm not sure how it is possible that Oklahoma is going to jump them. Actually, I am...a really bad tiebreaker system used by the Big 12.
Tuesday, November 25, 2008
Citigroup
People smarter than me with reactions to the Citigroup bailout. Short version, they're not fans.
Nominee for Most Idiotic Sentence(s) of the Year
Harold Meyerson
"And yet, at the same time, the industry needs to be restructured, and it is ludicrous to believe that the executives who have helped run these companies into the ground are the executives who can make the necessary changes. The task cannot be given either to them or to a bankruptcy judge. It must be undertaken by the federal government -- by the Obama administration and the next Democratic Congress."
Yes, that is exactly what we need. All that has been missing has been Congress running an auto manufacturer.
"And yet, at the same time, the industry needs to be restructured, and it is ludicrous to believe that the executives who have helped run these companies into the ground are the executives who can make the necessary changes. The task cannot be given either to them or to a bankruptcy judge. It must be undertaken by the federal government -- by the Obama administration and the next Democratic Congress."
Yes, that is exactly what we need. All that has been missing has been Congress running an auto manufacturer.
Thursday, November 20, 2008
Tuesday, November 18, 2008
Earmarks
I've never been one who is all wild-eyed about the reports of earmarks in appropriations bills. One, because they are not new or particularly novel, although they have grown massively. Two, earmarks are a rounding error compared to the entitlement crisis we face. Three, there are very good reasons for earmarks. When Congress doesn't direct the spending, it leaves that discretion to the agencies, the largely unregulated fourth branch of government. Agencies, in turn, direct money to their patrons, the committee chairmen who oversee their oversight committees and who appropriate them money.
Now what is broken is the process by which earmarks are authorized. The omnibus bills that package them all together and then require a single up or down vote feeds into every image of Congress as a group of detestable slimebags. Earmarks need to be subject to votes and they need to be decided on their merits.
Anyway, the Seattle Times put together a list of the atrocities. Here.
Now what is broken is the process by which earmarks are authorized. The omnibus bills that package them all together and then require a single up or down vote feeds into every image of Congress as a group of detestable slimebags. Earmarks need to be subject to votes and they need to be decided on their merits.
Anyway, the Seattle Times put together a list of the atrocities. Here.
Friday, November 14, 2008
Newsweek 's Secrets of the 2008 Campaign
A seven part series from Newsweek who had reporters embedded with the campaigns. Long, but good. Hat tip to Duane for pointing me toward the story.
Bailing out the Auto Industry
I've been wondering why bankruptcy is not a viable option for the automakers. Bankruptcy allows debt to be restructured or eliminated and a company can emerge in a much stronger position to actually be successful. I've not closed my mind to the idea that there may be a reason, but I've not seen anyone offer a convincing reason why a bailout is preferable to bankruptcy. But today we've got a good round of opinions on it.
Justin Fox
Brad DeLong
Jonathan Cohn
Justin Fox
Brad DeLong
Jonathan Cohn
Monday, November 10, 2008
Friday, November 7, 2008
Losing Like an Adult
I was wondering when someone was going to write this. Just think back to last election and the reaction of folks on the Left. Wild conspiracy theories, vile insults aimed at their neighbors, gnashing of teeth, all around pathetic behavior. While I'm sure losing sucks for folks on the Right, it's been refreshing to watch them lose like adults.
Tuesday, November 4, 2008
I Wish Scott Boras Was My Agent
It's funny to me that general managers vilify Scott Boras because he gets them to massively overpay for subpar talent. Half of the salary cap discussion is because the general managers need a rule in place to stop them from spending like idiots.
Monday, November 3, 2008
Saturday, November 1, 2008
Hmmm
I watch a disturbing amount of Bravo (Top Chef, Flipping Out, Million Dollar Listing, Housewives, Top Design, Project Runway). Actually, it's my wife and I get sucked into it and once I watch it then I'm invested and it just goes from there. Anyway, this is a pretty interesting story from the NY Times.
Devin Harris on Other PGs
I always think it's interesting when NBA players give their take on who they think the best players are. This one is limited to point guards, but it's still pretty interesting.
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