Archive for September, 2008

A Better Bailout Plan

Wednesday, September 24th, 2008

[A DC lawyer of my acquaintance sends the best analysis of the bailout I’ve seen, and a counter-proposal.] Taxpayers receive preferred stock and collateral from a bank borrowing from the Taxpayers, both in the full amount of the loan sought by the bank.  In other words, stock plus collateral in double the amount of the […]

News notes from the first week of September

Saturday, September 13th, 2008

[1. US WAR POLICY] Perhaps the most ominous story of the week is that of the attack by American ground troops inside Pakistan.  US soldiers were landed from helicopters and killed as usual women and children — but inside Pakistan.  The Pakistani military was outraged. Within Bush’s war council Defense Secretary Gates has been advocating […]

Palin channels Obama

Saturday, September 13th, 2008

In regard to the much-ballyhooed Palin interview with Charlie Gibson,  I think it’s important to try to separate the form (altho’ that’s politically important, too) from the content.  Look at what Palin actually  said about foreign policy and war, and tell me if you can find any substantive difference with Obama’s positions.  I can’t.

“Either you repeat the same conventional doctrines everybody is saying, or else you say something true, and it will sound like it’s from Neptune.” –Noam Chomsky