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Michael Maiello's picture

Amazon’s Big Swingin’ Di—

Well, The National Enquirer seems to have stepped in it by trying to go toe-to-toe with Jeff Bezos and his unlimited wallet.  The lame supermarket tabloid published details of Bezos’ affair (which I do not know because I never got caught up in the story) which has led to an impending divorce and Bezos wanting to know how those losers got information about his private life and having the means to launch his own investigation.

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Michael Maiello's picture

Three Week Refuge from The Purge Open Thread

Have a wonderful weekend, friends!

Try to be nice to Peter (not verified). 

See, the thing is, Trump was playing Battleship and Pelosi was playing checkers, and you can't play Battleship without a wall, so Trump quit.

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Michael Maiello's picture

The Shutdown is Killing the Capital Markets

So many of us are rightly worried about how long the Transportation Security Administration can keep pushing people through screening lines for free that, or how much food the federal government can inspect for safety for free, that we're just ignoring the huge work slowdown at the Securities and Exchange Commission.

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Michael Maiello's picture

How the Shutdown Could Wreck the Economy

The China trade war seems to be costing both the U.S. and China, as trade wars do.  President Trump is probably correct that China is suffering more, but if you look at Apple's warning about diminishing iPhone sales, you see that punishing China has something of a boomerang effect for American multinationals.  Of course, anything that hurts Apple hurts the entire semiconductor supply chain, so there are far reaching consequences. Still, if Trump's argument is that China will eventually give because it's feeling more pain, then I think I can at least entertain the notion.

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Michael Maiello's picture

Is the Fed Messing Up?

I really don't know!

The good thing about the Fed is that if it is messing up, it can always reverse course.  Interest rates remain low, but the central bank now has a lot of room to cut or even go back to QE, if the economy seems too tempered.

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Michael Maiello's picture

We Never Should Have Had Military Forces in Syria in the First Place

The collective wisdom seems to be that President Obama blundered when he drew a “red line” over the use of chemical weapons in Syria and then did nothing when Assad’s dictatorship crossed it.  I remember things differently.  I look at it through the lens of all the things that didn’t happen.

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Michael Maiello's picture

Dag Needs Some Culture

I know most of you know Natasha Gural, friend to Dagblog and delightful political radical.  What you may not know is she is one of the best writers about art and culture out there today, and has for too long been without a venue.  Well, no more.  Natasha was selected to join the Forbes contributor network and will be writing as many as seven stories a month about art and the art world.

Michael Maiello's picture

Nobody Misses the WASPs

"Those virtues included a spirit of noblesse oblige and personal austerity and piety that went beyond the thank-you notes and boat shoes and prep school chapel going — a spirit that trained the most privileged children for service, not just success, that sent men like Bush into combat alongside the sons of farmers and mechanics in the same way that it sent missionaries and diplomats abroad in the service of their churches and their country."

This is hilarious.  Of course it's Ross Douthat because, what other self-hating Catholic and devotee to slave morality would write a column about how much the U.S. needs and misses the old line New England WASPs that used to specifically exclude Catholics like him from high society?

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Michael Maiello's picture

GM Owes the Country an Apology and at least $11.2 Billion

That GM is laying off 15,000 people and closing five plants in the US when it owes its very existence to the generosity of U.S. taxpayers is blatantly unforgivable.  The story here is really simple: GM got paid off, its US workers got laid off.

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