The latest Fed Beige Book, which gives assessments on current economic conditions from the Fed's 12 regional banks, reportedly finds that the impact of falling gas prices is offsetting the impact of the weak housing market. This one doesn't sound quite right.
HOW DO YOU SAY "SI SE PUEDE" IN CHINESE? Here's a very simple question: Do you think worker laws are too generous in China? Do you think employees there get paid too much, or treated too kindly? Well, America's corporations do.
BEATS KEN BURNS. OK, so the Turkish guy seems like a real standup fella, but next year's Nobel better go to these folks or there will be all kinds of Swedish hell to pay. You wouldn't think there were that many people who could do Jonah Goldberg imitations, but, damn, this guy's good. By the way, note to all Rush Limbaugh fans and the insecure Beltway drones whom they make nervous -- this is what you call satire. Pass it on.
SADAT'S NEPHEW GETS IN TROUBLE. The 25-year anniversary of the assassination (video link) of Egyptian President Anwar Sadat passed last Friday without much hoopla here in Cairo. Many journalists, including my friend Zvika Krieger, used the occasion to reflect on Sadat's major legacy: the Camp David Accords.
Yes, Thomas Friedman is back (it's Times Select, so there's no linking). Mr. Friedman reports that voters want energy independence, but they are not prepared to support higher gas or BTU taxes. Instead he tells us that they want higher mileage standards and energy use regulations of the sort put in place by Governor Arnold Schwarzenegger in California.
Friedman's source on what voters support is Democratic political advisors James Carville and Stan Greenberg, who he tells us "are are professional campaign advisers. They get paid to get people elected � not to offer feel-good nostrums."
A NEW CHAMP.This is even more evidence that the late Abe Rosenthal's crown as Positively The Worst Published Writer Ever is being struck even more daily into the hazard by Marty Peretz. I won't bother totaling up the productive and talented people produced by places like Georgetown or Notre Dame. I won't even stick up for my own alma mater, Marquette University. Rather, I would just point out that, by any standard he has used in the past to glibly accuse someone of anti-Semitism, and even by the standards he uses in this very post, Peretz has written an opening paragraph of pure, old-fashioned American nativist anti-Catholicism.
SCHALLER V. SCHALLER. I sort of hate to do this to Tom, but has he read his new book? I have, and really liked it. But it doesn't seem to say what he thinks it says. Below, Tom rails against me for skepticism that Democrats are going to find their greatest gains among state-hatin' libertarians, largely because he appears to think that means writing off the Interior West. Which it doesn't. The Interior West is trending left, in part, as Ryan Sager will tell you, because of a decidedly non-libertarian influx of Hispanic and Californian immigration, which Sager likens to "a bucket of blue paint spilled across the region." Happily, Tom's books show him prepared to appeal to these people on populist terms.
NO SPACE TO FILL. Whatever the realities of family life that contributed to Mark Warner�s decision this morning to bow out of the 2008 presidential race, there had to be some pretty compelling political realities that contributed to his decision as well. Chiefly, the fact that there really isn�t all that much political space to run to Hillary Clinton�s right in that year�s Democratic primaries and caucuses.
WHAT'S THE MATTER WITH VERMONT? Alas, I have no time at the moment to weigh in on the Dems-and-libertarians debate, but one aside in Tom's post really caught my eye and I did just want to throw out a question to him or to folks in comments -- Bush's share of the Vermont vote went up by 10 percent between 2000 and 2004!? What's the deal with that? How/why did that happen?
MARK DOWN. I�m disappointed that Mark Warner has dropped out of the presidential race. I think he would have made a good candidate, and hope he will consider running for Vice President, if asked. Many are already speculating that he will run for Senate in 2008 if Republican incumbent John Warner retires. I�ll presume he didn�t consider the presidential run just to build up a massive war chest of federal dollars he will then hold and dump into a Senate �08 race, but whether that was his original intent or not, the latent effect is the same -- he�ll be locked and, um, loaded.