Apparently, Obama’s BP Oil Spill performance has been a total disaster. Just check the news. He’s weak, aloof, unemotive, Maureen Down explains. “Mr. President, take command,” David Gergen urges on CNN. James Carville exhorts: “This president needs to tell BP, “I’m your daddy.” And Peggy Noonan, writes, simply, for WSJ: “I don’t see how you politically survive this.” Count me among ... Read More
As long as Hong Kong’s economy is booming, calls for democracy will remain on the backburner
In a generally well-written article, HPR staff writer Will Rafey recently addressed the need to raise the gas tax “to make the private cost of driving a car reflect its actual social costs: global warming, air pollution, traffic congestion, and highway maintenance,” and how difficult this has become in the current political climate. I have no disagreement with the thrust ... Read More
“Nobody’s perfect.” That’s what Detriot Tigers pitcher Armando Galarraga told reporters after umpire Jim Joyce blew a call at first base and cost Galarraga his perfect game in the 9th inning with two outs. After reviewing the replays once the game was over, Joyce admitted he was wrong. He provided a heartfelt apology and wiped tears from his face during ... Read More
In the aftermath of the Deepwater Horizon oil spill,there has been no shortage of finger-pointing. There’s plenty of blame to go around, no doubt, but there is one group that the Right has mysteriously implicated in this disaster: environmentalists. In an editorial in the Washington Post last Friday, Charles Krauthammer wrote that environmentalists are partially to blame for the spill ... Read More
With the predictable 5-4 lineup, the Supreme Court ruled yesterday that, in order to exclude from evidence incriminating statements to the police, criminal suspects must have unambiguously invoked their right to remain silent. The case essentially asked, what constitutes a waiver of one’s Miranda rights? Does sitting silent, unresponsive, for nearly three hours, as did the suspect, Van Chester Thompkins, ... Read More
In Federalist No. 63, James Madison wrote that the defining principle of American democracy, as compared to Athenian democracy, “lies in the total exclusion of the people in their collective capacity.” But since Madison wrote those words, several direct-democratic institutions have been introduced into American politics. California became the first state to adopt a ballot-initiative process in 1911, enabling citizens ... Read More
This afternoon, I came across George Orwell’s “Revenge is Sour” in a collection of his essays. Originally published in the Tribune in November 1945, it speaks to the emptiness of revenge and — more topically for today — to the disconnect between civilians and soldiers in war. Below is the final paragraph: The Belgian averted his face as we went ... Read More
Apart from being an excellent excuse to boost web traffic with pictures of bikini-clad women (cf. The Huffington Post), you may not have seen Lebanese journalist Hanin Ghaddar’s very interesting article last week in Foreign Policy comparing American and Lebanese reactions to the Rima Fakih story. In America: Not many people — let along beauty pageant winners — have been accused ... Read More
Just before its Memorial Day recess, the House passed a bill that, according to The New York Times, would raise the taxes that investment managers pay on carried interest, just at the moment new long-term investment is most needed. General executive partners of long-term investment partnerships, including investments in real estate, venture capital, private equity, and other investments, are paid ... Read More
I reviewed Scott Patterson’s book The Quants for our summer issue, and I’d like to expand upon my conclusion. I wrote: The professors are the new barons of Wall Street, and they appear poised to accrue even more power. They are like “civil engineers … after a bridge collapse,” Patterson writes: they’re to blame, but they’re also needed for the ... Read More
First, I think Adam Serwer has really crystallized the basic problem with how conservatives (and a fair number of over-polite liberals) talk about race. It seems really weird to give Goldwater all this credit for not being personally racist while championing a cause supported by racists, and say this is the same thing as Kennedy and Johnson being racist but ... Read More
