Deadman's picture

    The dagbuzz for 2/22/09: (Slumdog, the Oscars and a Happy Ending I Can Live With)

    I usually hate happy endings in movies. They may be fine for movies like Rudy, but for many films, happy endings often ring false and feel like cheap cop-outs. Yet for reasons I explain in the video below, I actually enjoyed the ultra-gooey finale of Slumdog Millionaire.

    Perhaps because America's economic story and outlook has become almost as depressing as the childhood of Slumdog protaganist Jamal Malik, it's somehow fitting that we allow ourselves to be gloriously deluded by inspiring, well-earned Hollywood ending bullshit.

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    Deadman's picture

    Michael Phelps may have been on(to) something ...

    I can't stop stewing over the fact that the South Carolina sheriff decided to investigate Michael Phelps' notorious bong hit, with an eye toward possible prosecution.

    I know, I know, the sheriff dropped the investigation earlier this week after deciding there wasn't enough evidence to convict Phelps, who wisely did not admit to smoking the funny weed but merely apologized for using 'bad judgment.'

    DF's picture

    California Knows How To Party

    It is with great pleasure that I take the time to comment on the running clusterfuck that is California's state government.  Here at DagBlog, we've gone back and forth a bit about the possible ramifications of expansive fiscal policy that has now been signed into law by President Obama.  If you want a real lesson in when deficits get sticky, look no further than the Golden State.

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    Orlando's picture

    Earth to Roland Burris: RIP THE %*$&*# BANDAID OFF!

    Turns out, even I underestimated the stupidity of Roland Burris, a feat, I assure you, that is as difficult as it is unexpected, seeing as how I've been criticizing him for weeks.

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    Deadman's picture

    The dagbuzz for 2/17/09: (Obama's New New Deal?)

    (Video below)

    So Obama is signing the American Recovery and Reinvestment Act of 2009 into law in Denver this afternoon. I've heard several pundits calling the $787 billion stimulus package the beginning of Obama's New Deal. In today's dagbuzz, I discuss why that comparison is foolish, and why we probably couldn't even afford a new New Deal even if we desperately needed one.

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    Michael Wolraich's picture

    George Bush Not the Worst President Ever

    Defying expectations and confounding the critics one last time, George W. Bush is not the worst president ever according to C-Span's Historians Survey of Presidential Leadership. Bush beat out Millard Fillmore, Warren Harding, William Henry Harrison, Franklin D. Pierce, Andrew Johnson, and James Buchanan to place a respectable 36th out of 42.

    Orlando's picture

    You Break It, You Buy It: The U.S. Senate is Stuck with Roland Burris

    Sometimes, being right is cold comfort. 

    As Genghis mentioned in his post, Roland Burris has "elaborated" on his testimony regarding his contact with Rod Blagojevich prior to his appointment to the United States Senate seat once held by President Obama. The Illinois State Senate is looking into whether he committed perjury and State Rep. Barbara Flynn Curie thinks it's "odd."

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    Michael Wolraich's picture

    Roland Burris, the gift that keeps on giving...

    Senator Roland Burris (D) speaks...

    Jan 5, sworn affidavit:

    There was not any contact between myself or any of my representatives with Governor Blagojevich or any of his representatives regarding my appointment to the United States Senate.

    Contact counter: 0

    Jan 8, sworn testimony:

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    Michael Wolraich's picture

    Economic Stimulus and the Parent Principle

    The $789 billion stimulus bill passed today. As expected, the Republican leadership carped about the cost. Senate Minority Leader Mitch McConnell complained, "We've heard a lot from our friends about the danger of deficits over the past few years...Americans are wondering how we’re going to pay for all this." In case this message was too abstract for average Americans, McConnell supported his point with a common sense analogy, "Any parent knows you don't buy a new car and plan the summer vacation before you set the family budget for the year."

    Deadman's picture

    The Buzz for 2/10/09: (Geithner, Geithner, Geithner)

    The buzz today is focused solely on Treasury Secretary Timothy Geithner's financial stability plan. My quick verdict is that the plan is woefully inadequate on details, and I just don't understand the rush to announce this plan without a more specific framework for implementation.

    Orlando's picture

    Perspectives from Elkhart: President Obama's Visit is a Dubious Honor

    Elkhart, Indiana, is a city of just over 50,000 people. Over its history, it's had a few key industries, but none so important as trailer and RV manufacturing that has been recently devastated by high gas prices and lack of credit for people still willing to buy. It's a city of hard-working, salt-of-the-earth types, most of whom vote Republican. It's middle America at its best and its worst. And it's not so very different from cities of its size all over the country. 

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    Michael Wolraich's picture

    BREAKING: Obama is not Jesus

    Monday 2/9. The MS Wall Fox Times, a joint news venture created by various prominent media organizations, has revealed that President Barack Obama is not Jesus. A probing collaboration by numerous reporters, pundits, and editorial assistants has determined that Barack Obama bears little physical resemblance to the celebrated hero of Christian faiths worldwide and cannot walk on water.

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    Deadman's picture

    The Daily Buzz for 2/9/09: (Obama, Gaza, Octuplets, Grammies, Tiger)

    OK, I don't know how many people actually listened to my first attempt at the Daily Buzz, but two people commented they liked it (with reservations), and that's all the encouragement the vain Deadman needed to continue the process.

    Deadman's picture

    Questions: Stimulate Me

    OK, so Obama's tough talking apparently worked.

    The administration got three moderate Republican senators to agree to support the stimulus package and prevent a filibuster. In return, some $100 billion in spending from the package was removed while some Republican proposals for tax cuts and credits were adopted (most notably a $15,000 credit for homebuyers).

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    Deadman's picture

    The Daily Buzz (An Experiment in Multimedia)

    Ok, so I am totally going to risk extreme personal embarrassment by doing this, but I decided to experiment with a little video rundown of some of the day's top stories as indicated by Yahoo Buzz!, which is a Digg-like service at http://buzz.yahoo.com. I basically put on my Unabomber/Deadman outfit, recap the top articles that interested me, and throw in a little commentary for good measure.

    DF's picture

    Macroeconomics 101: Spending versus Stimulus II or "Who's Afraid of Amity Shlaes?"

    The following passage is from one of my all-time favorite books.  The book is Carl Sagan's The Demon-Haunted World, which was published the year that he passed, 1996.  The passage is found in the book's second chapter, Science and Hope.  In my edition, it begins at the bottom of page 36 and continues onto page 37 thusly:

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    Michael Wolraich's picture

    Rich CEO Demands to be Taxed

    Reed Hastings, CEO of Netflix, publicly asked the government to raise his taxes in a NYT op-ed today. His position was not that of Warren Buffett, who has argued that taxes are unfairly low for the super rich. Rather, Hastings argued that higher taxes offer a more effective way to limit CEO incomes than pay caps. And he's right. To see why, we need to first understand why CEO salaries have gotten as high as they have.

    DF's picture

    Mitt: Down With The Sickness

    So, I'm doing my typical morning thing, which includes staples such as black coffee and Google News.  I like Google News for a variety of reasons, not the least of which is the sort of "smart" aggregation that can sometimes lead to interesting or amusing juxtapositions.  It would be fun if someone did a more Burroughs-Gysin style news presentation.  The technology is there.  I'm just sayin'.

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    Orlando's picture

    Four daughters, Two Very Different Examples: George W. Bush vs. Barack Obama

    To say that George Bush and Barack Obama don’t have much in common is an almost laughable understatement. About the only thing they share is the fact that each has two daughters. After Obama’s mea culpa yesterday, I was thinking about what different examples the fathers have set.

    From watching their father in action, Barbara and Jenna Bush learned some interesting lessons:

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    DF's picture

    Macroeconomics 101: Spending versus Stimulus or "How I learned to stop worrying and love recession"

    Par for the course, the "national dialogue" (read: what the MSM deems to be fit for their truncated list of trite and nonsensical talking points) regarding our current economic quandary has detiorated to the sort of semantic sophistry that every single anchor on CNN will be all too happy to entertain with brows furrowed and lips pursed just so, subtle psychological cues meant to persuade the viewer that they should take this earful of horseshit seriously.

    Supposedly, everyone agrees that the economy is on the ropes.  It requires stimulus.  Everyone knows that.  Duh!

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