The Afghan War, Defying Explanation
Posted in Main Blog (All Posts) on December 21st, 2010 5:31 am by HL
The Afghan War, Defying Explanation
Schumer: 9/11 Bill Must Be Passed Now
Obama’s Housing-Finance Pick Unlikely to Be Confirmed
Failed Ideas Win the Day
Paul Krugman, New York Times
When historians look back at 2008-10, what will puzzle them most, I believe, is the strange triumph of failed ideas. Free-market fundamentalists have been wrong about everything — yet they now dominate the political scene more thoroughly than ever.How did that happen? How, after runaway banks brought the economy to its knees, did we end up with Ron Paul, who says “I don’t think we need regulators,” about to take over a key House panel overseeing the Fed?
State Budgets: The Day of Reckoning Has Arrived
Steve Kroft, 60 Minutes
Then there's New Jersey. It has the highest taxes in the country, a $10 billion deficit and a depressed economy when first-year Governor Chris Christie took office. But after looking at the books, he decided to walk away from a long-planned and much-needed project with New York and the federal government to build a rail tunnel into Manhattan. It would have helped the economy and given employment to 6,000 construction workers. Gov. Christie acknowledged that's a lot of jobs. “I canceled it. I mean, listen, the bottom line is I don't have the money. And you know what? I…
