Daily Kos

Website: http://www.horse-you-rode-in-on.com/

Three hoarse voices from "The Horse You Rode In On"

Love-sick journalists cover (up) McCain

Thu Jul 03, 2008 at 07:34:26 PM PDT

Once on a charter fishing boat off Miami, I noticed a discreet sign on the topdeck:

Marriages performed by the Captain are valid only for the duration of the voyage.

I assume the same protocol holds true for a campaign bus such as the "Straight Talk Express." All the journalists who have fallen in love with John McCain — to the point of being blinded to his endearing faults, contradictions, blunders, and closet Bushism — will eventually go back to their wives, and husbands, but mostly wives.

The Sunny Side of Global Warming

Mon Jun 02, 2008 at 06:32:54 PM PDT

I’m sure your family heard some version of this story back in the days of the first oil shocks of the 1970s.  In Pittsburgh, the bad news was that UFOs had landed on Grant Street (where all the city and county offices are).  The good news was that the aliens eat bureaucrats and piss gasoline.

As of this morning, I had reached page 43 of the current New York Review, where there is a major article by Freeman Dyson: "The Question of Global Warming."  And in Saturday’s New York Times, Joe Nocera refers to the same article, which he was reading on a plane headed for the Exxon-Mobil annual meeting in Dallas.  Small world, and warm.

Obamanomics

Sun Jun 01, 2008 at 02:53:57 PM PDT

I was just reading a review by John Cassidy of the book Nudge: Improving Decisions About Health, Wealth, and Happiness, by Richard Thaler and Cass Sunstein. (New York Review, June 12)

One reason the book matters is that its authors are on a wavelength with Barack Obama and "behavioral economics" – a bridge between the extremes of Keynesian big-government economics (FDR, et al) and doctrinaire capitalism, in which the free market settles all questions and solves all problems. This battle has dominated economic policy for most of the past hundred years.

Russian Roulette: Big Bank Edition

Fri May 09, 2008 at 06:22:08 PM PDT

Let’s play Russian Roulette. My rules.

I’m betting $1,000 the chamber will be empty. You hold the gun to your head and pull the trigger. Click. You owe me $1,000. Next round, same rules, you hold the gun to your head and fire. Click. Now you’re down $2,000, but why complain? You’re still alive, aren’t you? Isn’t that worth $2,000?

Next round, you’re not so lucky. Since there doesn’t seem to be anyone left to collect the bet I just lost, I take my $2,000 and go looking for the next patsy.

If my rules seem unfair, at least they’re founded on well-established precedents. Big hedge funds and investment banks have figured out how to make billions on heads-I-win, tails-you-lose games of high risks and very high but entirely one-sided rewards.

Space Whiskers & Brown Mustard on Mars

Sat May 03, 2008 at 05:01:18 PM PDT

Since you’re busy and I’m not, I try to survey the arcane world of bleeding-edge research and abstract the few key findings worth your attention. The following are sourced from Science, the publication of the National Association for the Advancement of Science, of which I am a member until one of their editors stumbles onto this website.

The Mysterious PA Polls ... When a Number is Not News

Wed Apr 30, 2008 at 06:21:35 PM PDT

I am a huge fan of Talking Points Memo and, in particular, TPM Election Central, so the following must be taken in the spirit of admiration and bonhomie in which it is offered:

You guys don’t know how to report on polls. Seriously. You’re utterly clueless.

All it takes is a shiny new press release to prompt the TPM guys to slap up a 48-point headline announcing the latest devastating news from the front lines of the electoral process.

The problem is that these polls do not share a common methodology and are often of uncertain provenance, so they aren’t measuring the same thing (and often, I suspect, aren’t even measuring the things they intend to), yet they are paraded across the screen to the viewer as though they represent succeeding chapters of a coherent narrative.

UPDATED!: Lost in a Sea of Numbers (and I won't mention Rev. Wright)

Tue Apr 29, 2008 at 06:09:31 PM PDT

I am a huge fan of Talking Points Memo and, in particular, TPM Election Central, so the following must be taken in the spirit of admiration and bonhomie in which it is offered:

You guys don’t know how to report on polls. Seriously. You’re utterly clueless.

All it takes is a shiny new press release to prompt the TPM guys to slap up a 48-point headline announcing the latest devastating news from the front lines of the electoral process.

The problem is that these polls do not share a common methodology and are often of uncertain provenance, so they aren’t measuring the same thing (and often, I suspect, aren’t even measuring the things they intend to), yet they are paraded across the screen to the viewer as though they represent succeeding chapters of a coherent narrative.

The Thing That Wouldn't Leave

Mon Apr 28, 2008 at 07:52:20 PM PDT

Anyone with some high school math realizes that the race for the Democratic nomination has been over for about six weeks at this point. Obama continues to run a fairly classy, non-negative campaign largely because he has the luxury to do so. The Sound and Fury from the Clinton camp over the last two weeks is apparently important in the weird science of Television Entertainment (although on any other reality show I can think of she’d have been voted off by now ... except maybe a special edition of ‘Biggest Loser’). It’s enough to inspire some wailing and keening and gnashing of teeth on sites like TPM Cafe, but even there it is done so in half-hearted angst. The season is over. Time to rest up and get ready for the playoffs.

Wealth Gap Goes Exponential

Sun Apr 20, 2008 at 08:20:11 PM PDT

In the 1960s the CEO of an average Fortune 100 company made about 60 times as much money as his average employee. His pre-evasion income tax rate was 91% until 1964, when it was reduced to 77%.

By 2001, I thought the end times must be at hand because the CEO was now making 600 times as much as the average employee, and we were back to the extremes in wealth concentration that the U.S. had last seen during the gilded age of the robber barons.

It took Teddy Roosevelt, trust-busting, two world wars, the Great Depression, the rise of the labor movement, 90% tax brackets, and the G.I. bill to tame those excesses. But there it was again in 2000 – ostentatious avarice, back in fashion.

And where are we now?

Who Stole My Whereabouts?

Tue Apr 08, 2008 at 06:55:24 PM PDT

It’s a good thing the Heart Association decided to stop recommending mouth-to-mouth resuscitation and just to urge people to do chest pushes on someone suffering a heart attack. I think I’m a member of the ACLU (I sent them money a few times anyway), and I’m opposed to unreasonable searches of my seizures.

Already they’re covertly collecting my longitude and latitude.

I have an E-Z Pass box on my windshield, and an On-Star system came with the car; so I guess the government snoops would take the position that I have voluntarily put my whereabouts up for public auction. Actually, I was just trying to get into the fast lane at the toll booths where the On-Star system often sends me by mistake.

Look Who Hates Entitlements

Mon Apr 07, 2008 at 07:15:01 PM PDT

Now I know how Gregor Samsa must have felt.

It’s a terrible thing, waking up in the morning to realize that overnight you have metamorphosed into a conservative. How do you face your family?

I was shocked...shocked, to realize suddenly that I hate entitlements. It’s conservatives who preach against entitlements, right?

The Vanishing Gap In Superdelegates

Sun Apr 06, 2008 at 12:53:34 PM PDT

Politico maintains a page marvelous in its simplicity and high-grade information: a log of daily superdelegate announcements and other developments.

Following this page over the past month, it’s hard to fight the sense of growing momentum in the Obama campaign when it comes to the superdelegates ... towards the end of February, the HRC campaign held a margin of almost 70 superdel endorsements when compared to Obama (they had the difference at 68 on Feb 25). Since then, the log book is a punishing repetition of Obama’s name, and as of April 4th, HRC’s overall count had gone up by 4, and Obama’s count had increased by 39.

It's Time for a B/C Scrub

Fri Apr 04, 2008 at 07:05:24 PM PDT

FREE! BILLION DOLLAR MARKETING IDEAS!

For Orkin pest control — introduce the B/C Scrub. For $200 ($300 for large-format flat panel TVs), you treat the customer’s television set so that it’s completely free of Bushes and Clintons for eight years.

For newspapers, to reverse the decline in circulation:

Premium subscribers get a B/C-free edition guaranteed to carry no mention or image of a Bush or a Clinton, ever.

So Why Hold Primaries?

Mon Feb 25, 2008 at 07:41:10 PM PDT

We hold these truths to be self-evident:

Pigs like the smell of pigs. E Coli are determined to take over the digestive tract. And insiders think insiders should run everything.

Insider and one-time superdelegate Geraldine Ferraro (a Clinton campaigner) thinks that Democratic insiders should be able to pick the party’s nominee. That, in fact, is the subhead of her Op-Ed piece in Monday’s New York Times.

Superdelegates, she says, "were created to lead, not to follow. They were, and are, expected to determine what is best for our party and best for the country. I would hope that is why many superdelegates have already chosen a candidate to support."

The Yuckonomic Stimulus Package

Fri Jan 25, 2008 at 08:31:41 PM PDT

A Republican’s version of economic stimulus is to take a fat wad of bills out of the right-hand pants pocket and shove it into the left-hand pants pocket while drooling.

(If you recognize that last paragraph as a polite euphemism for autoerotic economic stimulation, please don’t tell anybody.)

Is Conservatism a Genetic Defect?

Sat Jan 19, 2008 at 06:47:35 PM PDT

Ornithologists have discovered that bird brains have a closely integrated complex of two billion motor neurons controlling the bird’s left wing in steering, gliding, and maneuvering.

The right wing, however, is controlled by a mere 38 motor neurons, used only in bullying smaller birds, diving to kill something, or stealing food.

The Wages of Sinners

Wed Jan 16, 2008 at 06:36:28 PM PDT

Image Hosted by ImageShack.us

Some notes on the News and what lies beneath – and who lies beneath.

Deadbeat Bankers

Sat Jan 12, 2008 at 05:23:05 PM PDT

CNBC has some bright and interesting people; but, with a couple of exceptions, they and their typical guests are prisoners of the Wall Street ethos.  They are like railroad firemen reflexively shoveling coal as fast as they can into the boiler of a runaway freight train – a plausible metaphor for 21st century capitalism.

Aside from the skew this gives to their economics, it tends also to warp their perspective.  Thursday morning they were discussing a Clinton-era initiative of the early 1990s to expand the possibilities of home ownership in America.  A noble and worthy purpose, they lamented, but one which sowed the seeds of today’s collapse in the housing markets.

Breathtaking.


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