Obama's Worn-Out Economic Ideas (RealClearPolitics)

Senator Obama is not unique among politicians who want to control prices, as if that is controlling the underlying reality behind the prices. But politics is not about facts. It is about what politicians can get people to believe.

American Prospect Online - Can Free Trade Be a Fair Deal?

Within the past year, an important new debate has taken shape, though it's not likely to be the focus of any forthcoming presidential debates as such. It is likely, however, to distinguish liberal from centrist thinking for decades to come.

Their Vote Counts (American Prospect)

Apology, schmapology -- both Clinton and Edwards (and a lot of others) cast a dishonorable vote. Let's never forget that.

22-week Old Baby to Leave Florida Hospital (AP)

Will this change the terms of the abortion debate?

Video: Liberaltarians, Barack Obama, Inequality, and Globalization (Bloggingheads)

Fantastic video: Prof. Dan Drezner vlogs with Cato's Brink Lindsey.

Federal Budget, 1956 vs. 2006

In 1956, 60% of federal expenditures were for defense; 20% were for Social Security. Now the inverse is true. In 2006, 60% of the budget went to Social Security and 20% to defense.

Continue reading this entry ...

Bernanke sees soft landing for economy (FT)

Financial Times: Fed chair says U.S. economy is sound, no need to raise rates yet

A Portrait of the Economy (WSJ)

Hi, all -- this is a WSJ article, so it's behind a subscription wall. I just dropped the whole thing in here so you can read it. Don't tell. Love to get your thoughts Just drop them in the comments!

Dissent?

Noteworthy: this is Voice of America -- the government press -- publicizing what amounts to anti-administration dissent from the highest officer in the United States Military.

Boyish U.S. envoy becomes heartthrob in China (IHT, AP)

Chinese women are googoo for Chris: BEIJING: Christopher Hill, nuclear negotiator, media superstar.

Too late to halt Iran's nuclear bomb, EU is told (FT)

Whether this is true and what this means for the prospects of war, I do not know: Iran will be able to develop enough weapons-grade material for a nuclear bomb and there is little that can be done to prevent it, an internal European Union document has concluded.

How the US is doing Iran's killing in Iraq (Asia Times)

As the U.S. accuses Iran of killing Americans by proxy, are Americans blindly doing the bidding of Iran? Was last month's Najaf massacre a victory of coalition troops over crazed Shi'ite radicals, or did Iran manipulate American forces into slaughtering its political enemies?

As honeymoon comes to a close, Obama settles in for the long haul

Barack Obama has been milking this announcement for almost five months.

Continue reading this entry ...

Military Ties Iran To Arms In Iraq, Iran Demands Proof (WaPo)

The dance continues, and the Iranians call the bluff:

Cheney Testimony in Libby Trial Would Carry High Risk (NYT)

Cheney-Fitzgerald faceoff would be "great theater." Is it just me, or does the article toot Libby's horn in the third paragraph?

How an Islamic Reformation Would Hurt al Qaeda (WSJ's Informed Reader)

Read: divide and conquer. Just as Israel is advantaged by fighting between Fatah and Hamas, the West is advantaged by fighting between Sunnis and Shia.

Put up or shut up, Obama tells Howard

Obama smacks down Aussie PM Howard, who earlier made explosive claim that Obama's election would satisfy al-Qaeda:

Juan Cole: Claims that Iranian IEDs are killing many U.S. troops dubious

UMich's Prof. Juan Cole tries to debunk U.S. mil's claims re: Iranian supply of IEDs to Shiite insurgents

Election 2008: A Crowded Field Forms Early - WSJ.com

Summary of how the presidential field is shaping up... (might be WSJ subscription only; let's see if we can all view)

House Democrats to Push Resolution Opposing Increase in Troop Levels - WSJ.com

Congress continues petty dance over which party gets to avoid blame for defeat in Iraq. Meanwhile, 3123 coalition deaths and mounting...

U.S. entitlement spending to outpace economic growth

Cost of Social Security, Medicaid, Medicare rising faster than U.S. economy is growing

US accuses Iran over Iraq bombs

Brinksmanship: U.S. continues to tighten rack, hoping Iranian body politic will lose nerve and demand that Iranian political leadership discover humility. Meanwhile, multiple American carrier groups have been deployed to Persian Gulf.

Obama unveils bid for White House

"Democrat candidate evokes memories of Lincoln in rallying cry " -- Left-wing British press infatuated with man who could save America

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