Friday, May 09, 2003

Wired Magazine reports that six monkeys left alone with a computer for a month produced five pages of text (among other things), but no Shakespeare.

The Washington Post reports that Bush and Frist are taking aim at the fillibuster rule.

Arianna examines Bush's opinion poll ratings.

Paul Krugman ruminates on liquidity traps.

More from Salon magazine on "Mr. Virtue" and his fellow travellers.

The San Francisco Chronicle reports that the Senate Finance Committee has rejected the administration's proposed elimination of taxes on corporate dividends.

Paul Krugman runs the numbers on the administration's tax cut scheme.

Wednesday, May 07, 2003

Slate magazine says goodbye to the budget-cutter who didn't.

The Indiana Star reports that Bush's budget chief has been subpoenaed by the Indiana Securities Division over the sale of shares in IPALCO Enterprises about the time the utility company was sold in 2001. Daniels, who sold about $1.45 million in IPALCO stock in January 2001, yesterday announced he is resigning his White House post.

Senator Byrd offers these comments on the president's speech from the U.S.S Abraham Lincoln.

The Army Corps of Engineers blows the whistle on an "emergency" expanded contract secretly awarded by the Bush administration to Halliburton, the company from which Vice-President Cheney continues to receive up to $1 million a year.

Warren Buffett reiterates his opposition to Bush's dividend tax scheme. "Asked about President Bush's plan to eliminate the tax on companies' dividends, Buffett said it would unfairly benefit rich people like himself, at the expense of ordinary workers."

Tuesday, May 06, 2003

As reported by MSNBC, the Fed today left interest rates unchanged, but shifted to a negative bias. The Fed Funds rate remains at the lowest level in 40 years.

Eric Zorn of the Chicago Tribune notes the irony in the media's coverage of the President's recent airplane adventure, compared to news coverage of his military service record. And here is a link to a two-year old Boston Globe story raising still unanswered questions about gaps in Bush's National Guard service.

Reuters reports that the White House's budget director has resigned in order to run for governor of Indiana in 2004.

"As governor I intend to bring the same fiscal discipline to state government mind."

The Supreme Court ruled Monday that the First Amendment does not protect telemarketers who fraudulently solicit charitable contributions.

Michael Kinsley reflects on Bill Bennett's '"virtue."

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