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quote of the day

“Conservatives seem to have spent the last year rapidly regressing from cheering on lame politicians who could at least intelligently recite their platitudes (Romney) to worshipping pseudo-populists who could not even do that (Palin) to elevating random guys who didn’t like taxes (the Plumber) to rallying around a radio host who makes Romney’s own brand…

Sunday Poem

P The Creation of Sound by Wallace Stevens If the poetry of X was music, So that it came to him of its own, Without understanding, out of the wall Or in the ceiling, in sounds not chosen, Or chosen quickly, in a freedom That was their element, we should not know That X is…

Focus, People, Focus!

Cornell law professor Michael Dorf has a great take on the hilarious NYU student “takeover,” and its utterly pathetic ending that actually makes an interesting point about activism in general. Noting the rather bizarre disparate demands of the students, which included such items as “Annual scholarships for 13 Palestinians,” “NYU library access for the general…

mea culpa, and explanations

An emailer wrote me last night, in regards to the Bloggingheads clip, to say that I “owe it Mickey Kaus to apologize”. I thought I did! In case it isn’t clear, though, let me lay it out: to the specific question of whether or not Kaus deserves to be called a “real liberal” or not,…

Stress testing stressing me out…

Via Barry Ritholtz, I think I need to read David Reilly more.  I love his column on the possible trainwreck known as stress-testing for the banks: Maybe it should come as no surprise that President Joe Cool’s administration has a laid-back view of bank stress. Investors expected the government to be a bit more intense…

quote of the day

I’ve found that those who defend Bernanke as having inherited Greenspan’s mess are most likely to have first heard Bernanke’s name on the day Bush nominated him. But he’s played an important role in shaping monetary policy, the regulatory environment, and the financial system itself for many years. And as I’ve noted before, he voted…

Overlearning Lessons

I’m a big fan of Scott’s post the other day on neo-conservatism, which I take to be a terrific defense of the original insights provided by neo-conservatism even as it seeks to distance itself from the “overzealous and dangerous manner” in which those insights have been applied.  I was particularly smitten with this sentence: Ironically,…

Sad news

Very sad news out of the UK today: Ivan Cameron, the son of U.K. Conservative Party leader David Cameron, died at the age of six. “Ivan, who suffered from cerebral palsy and severe epilepsy, was taken ill overnight and died” early this morning, the opposition party said in a statement today. Ivan had been severely…

Brooks on Jindal

D. Brooks for me is hot/cold–when he’s on he’s on, when he’s off he’s off.  Here he is dead-on.  I’m sure the Limbaugh/Happy Meal Cons won’t love this, but they need to move from denial to some kind of reality.  Listening to what David has to say here would be a good start. Apparently John…

Derbyshire and the Happy Meal Conservatives

Much as their blind loyalty discredited the Right, perhaps the worst effect of Limbaugh et al. has been their draining away of political energy from what might have been a much more worthwhile project: the fostering of a middlebrow conservatism. There is nothing wrong with lowbrow conservatism. It’s energizing and fun. What’s wrong is the…

quote of the day

The only thing that is not settled, as far as I can tell, is how much damage we will do moving to the system. It will be a joy to behold, especially listening to folks with lifetime sinecures at prestigious organizations with lucrative health benefits or politicians with government provided health care yelling socialism until…

Quick Hit Financial Blogging…

If anyone hasn’t noticed this about using the Fed as part of a bad bank strategy: John Ryding, chief economist at RDQ Economics LLC in New York, and Matt Chasin, chief operating officer of Sorin Capital Management LLC, a Stamford, Connecticut-based hedge fund that manages about $1 billion, say the Treasury Department should provide loans at…

Happy Lundi Gras!

So today is Lundi Gras, better known as the day before Mardi Gras and the second to last day of Carnival.  Wednesday is Ash Wednesday, a day we are supposed to spend fasting and reflecting, in prayer or meditation.  After at least two days of eating and drinking, it should come as a welcome respite. …

the moderating influence of the technocratic Republican

Predictions are a mugs game, and mine are worse than most, so take this with a grain of salt. But I see two likely narratives emerging concerning Arnold Schwarzenegger, neither of which I like. Schwarzenegger’s golden political image has been tarnished lately by the utter fiscal insolvency of California. Part of this can be explained…

can I just say…

I understand that there are arguments to be made against the practice of talking politics at award shows or similar. I don’t want awards show recipients to be making on-air harangues about unrelated partisan topics at the Oscars, and I understand the frustrations of social conservatives who feel like Hollywood is against them, politically. However,…

reflections

Sometimes I’m overwhelmed with this sense that all of this is an exercise in futility – that there is simply too much to know, too much I don’t know, too much I don’t or can’t understand.  My ignorance on this or that subject is laid bare by the revelation of some new fact, some history…

Jonah Sermon

In my alter ego, I’m studying to be a priest in the Anglican Church.  With The League’s permission, I’m posting a link to the audio of a sermon I gave recently at my home church. The text of my sermon is The Book of Jonah.  You can read that book–an excellent, four short chapters–here (in…