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DINNER AT DAVID’S.

Big reporting coup for Chris Cilizza yesterday as he secured the list of folks David Axelrod has to his apartment on alternate Wednesdays to talk political strategy. My favorite part of the post, however, has to be the update atop the post. Getting the partial list was probably rough going. But I wouldn’t be surprised […]

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DOES WALL STREET OWE US REPARATIONS?

That’s the question quietly lurking amidst Gabe Sherman’s exploration of banker rage. The bankers, of course, are baffled. “There’s a vast woundedness now on Wall Street,” writes Sherman. “Just months ago, the masses kept what anger they had to themselves, and the bankers were close-lipped about what they thought they were owed by society. There […]

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DR. MARIO WEIGHS IN ON UNIVERSAL HEALTH CARE.

McSweeney’s gave him room to opine: The other day, Nurse Toadstool and I talked in the break room over reheated mushroom casserole. She appeared sad. She mentioned turning a Goomba away because his health insurance wouldn’t give him enough gold coins for treatment. Then I realized why the same viruses continue to appear again and […]

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PAUL KRUGMAN ON WASTE AND EFFICIENCIES.

PK does the math: Let’s say the administration finds $100 million in efficiencies every working day for the rest of the Obama administration’s first term. That’s still around $80 billion, or around 2% of one year’s federal spending. Which is why it’s smart for Obama to wrest some headlines by promising $100 million in efficiencies. […]

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PULITZER PRIZES.

The Pulitzers are out. Verdict: The New York Times is a good newspaper. Question: When will there be a blog Pulitzer? Or at least an online Pulitzer? If newspapers with a particularly sharp editorial cartoonists can win the prize, surely newspapers with particularly innovative online operations should be in contention. This stuff matters!

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YOUR WORLD IN CHARTS: SUNSPOTS AND RECESSIONS EDITION.

Correlation, as they say, is not causation. But the two sure do go together an awful lot. Which is why this chart makes the rounds in certain circles: But though sunspot activity correlates with recessions, it doesn’t correlate with financial crises. The Great Depression was the only economic downturn on the graph to happen in […]

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WOULD THE OBAMA PLAN HAVE HELPED?

Reading Kate Michelman’s story, Bob McManus asks a good question: “Please help me understand how Obama’s cost-cutting and efficiency proposals would help in this specific case?” Well, his cost-cutting and efficiency proposals wouldn’t. The question is whether his access proposals would. What we basically know of Michelman’s story is this: Her daughter worked with horses. […]

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BAUCUS AND KENNEDY SET THE PACE.

In a letter to Obama today, Max Baucus, chair of the Senate Finance Committee, and Ted Kennedy, chair of the health, Education, Labor, and Pensions Committee, not only outlined a timeframe for health reform but also put forward a strategy for overcoming the turf warfare of years past. The key bit: Since our committees share […]

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ARE PLASTICS MAKING US FAT?

Kevin Drum writes that, “Childhood obesity is far higher than it used to be, but it’s not brand new: there have always been kids who were sedentary and ate lots of crappy food. But 30 years ago, these kids just got flabby, they didn’t get diabetes.” The implication is that the rise in childhood obesity […]

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THE VIRTUES OF COMPLEXITY.

Ryan Avent notes that Ben Bernanke’s rousing defense of financial innovation seems peculiarly retro. Bernanke concludes by saying that “I don’t think anyone wants to go back to the 1970s,” but as Avent notes, his examples of worthwhile innovation mostly date back to bell bottoms and the Electric Light Orchestra. “Credit cards, for one, which […]

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