There must be some unmentioned policy at Rolling Stone that prevents the music magazine from giving any respect to the Canadian power trio Rush. RS came out with their list of greatest guitar songs. While Led Zeppelin, Jimi Hendrix, and AC/DC justly made the list Rush was left off. In the feeble minds of RS [...]
Sen. John McCain stepped away from a fundraising e-mail that contained a picture of General Petraeus:
McCain also used the press conference to implicitly rebuke his own campaign, conceding that it was a mistake for them to include a photo of David Petraeus in a fundraising email.
“No,” McCain replied when asked if, in light of Joint [...]
Megyn Kelly admits she was in a cheerleading uniform. Guys, quit drooling.
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The life cycle of Scott McClellan’s book is going longer than I expected. Bob Dole launching a few artillery shells keeps pundits talking about it even longer. I’d say that would bother the White House, but they seem like it’s their job to do nothing to improve their boss’ poll numbers.
And please no nonsense about [...]
Judging from John Fund’s piece today Sen. Barack Obama has hasn’t been interrupted eating his waffles:
Take the Auschwitz flub, where Mr. Obama erroneously claimed last weekend in New Mexico that his uncle helped liberate the Nazi concentration camp. Reporters noted Mr. Obama’s revised claim, that it was his great uncle who helped liberate Buchenwald. They [...]
As I suspected Scott McClellan’s What Happened isn’t much. From Kimberly Strassel’s review:
Grievances against former White House colleagues animate much of “What Happened.” Mr. McClellan’s broader theme, about dysfunctional politics, fades away. He shows no interest in examining, say, the partisan underpinnings of Joe Wilson’s public criticism of the Bush administration. And the former White [...]
A Dallas Fed analysis of rising oil prices finds the weakening dollar accounting for a third of the price increase from 2003-2007. Their conclusion: ” What’s the bottom line? Absent supply disruptions, it will be difficult to sustain oil prices above $100 (in 2008 dollars) over the next 10 years.” [via Barry Ritholtz]
Union’s hate free [...]
Just when the financial industry was working through the uncertainty of housing and mortgage problems the Wall Street Journal makes a great case banks have been lying to a banking organization that sets a key interest rate marker, the London interbank offered rate (Libor):
Major banks are contributing to the erratic behavior of a crucial global [...]
Cindy Kilkenny liveblogged Sen. John McCain’s town hall in Greendale, WI. The Milwaukee Journal Sentinel’s Greg Borowski posted portions of his telephone interview with McCain along with a liveblog of the town hall. The local Fox affiliate has video.
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If you define a recession as negative economic growth for two straight quarters then the U.S. has yet to see one this business cycle. The revised numbers from the Commerce Department (PDF) show GDP growth was better than first reports:
The revised reading of first-quarter gross domestic product helped ease some concerns about recession, which is [...]
Wizbang passes on a rumor that Sen. McCain’s VP search guru was spotted in Juneau, Alaska. If true that mean’s Gov. Sarah Palin is on the short list. I wasn’t impressed with her in February. If McCain wants to continue using the inexperience attack on Sen. Obama then Palin won’t be his running mate. However, [...]
No Mr. French but a lot of Pauls are on Rep. Ron Paul’s campaign payroll:
Rep. Ron Paul (R-Tex.) has built a national following largely by preaching an isolationist foreign policy. Stick with your own kind, says the maverick presidential candidate.
And that’s more or less what he has been doing over the past few months, putting [...]
If you ignore cars and aircraft durable goods orders rose 2.5% in April.
One industry doing well is steel. More steel is being produce more efficiently.
Federal Reserve governor Frederic Mishkin surprised many with his resignation. Larry Kudlow wonders if it has to do with Ben Bernanke’s abandonment of inflation targeting. He also notes the Senate has [...]
What’s there to add about Scott McClellan’s new book? All the excerpts I’ve read seem to only say what President Bush’s critics have been saying throughout his Presidency: Bush lied, people died; Iraq was a war of choice not necessity; blah, blah, blah. McClellan doesn’t add anything new. My lack of insight matches McClellan’s. It [...]
In some places here in the U.S. gas has reached $4/gallon. Hot tempers have come along with it. In Great Britain diesel fuel is over $9/gallon. What’s the response: truckers shut down roads:
Hundreds of truckers shut down a central London highway Tuesday, French fishermen blockaded ports and French President Nicolas Sarkozy proposed cutting European fuel [...]
