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Even Homer nods

The FT has many virtues. A defect which partially offsets them however is giving Christopher Caldwell a platform for a Saturday column for which meritricious would be too flattering an adjective.
Could Caldwell really be Dinesh D'Souza (thanks SleepinJeezus)in disguise ?

Where are ...............?

In today's Guardian a letter appeared about  the death sentence passed upon Tariq Aziz :Excerpts:

We do not question the guilt of Mr Aziz in respect of the crimes for which he has been convicted. ......................

Juan Williams

should not have been fired.

With respect to his fear when he sees someone in traditional muslim garb board his plane, that seems like an honest observation. Should he have said it pleases him?

With respect to his comment that we are at the beginning of a long lasting conflict with a militant muslim movement,that seems like a widely shared geopolitical judgement(Not mine BTW) rather than bias against a particular group.

I've had the subversive , or maybe utopian , thought

that if the Tarp hadn't saved the banks there'd be nobody to send out the eviction notices. Everyone could just remain in their homes. And now they were no longer under water it would be worth spending  money fixing them up which would generate employment for the companies making cleaning supplies and appliances. Putting people back to work.

And we'd finally redistribute  wealth back to 1952 levels.

We had greatness thrust upon us.....And we ducked.

There no mo no mo

Nate Silver denies that there's any such thing as "momentum" that can be established by comparing successive polls.

If Charlie Candidate is up 5% in June and again in July that doesn't mean he's probably going to be up in Aug

We get so soon old and so late smart

Martin Wolf in today's FT


Who can now confidently state that reliance on a policy which worked by financing overpriced housing was better than using surplus savings for higher public investment? Similarly, who can confidently  state that it must be be better to rely on relaunching a private credit boom than on higher public investment.




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