politics

Krugman: the frantic effort to find some example, somewhere, of austerity policies that succeeded

At this point, you might have expected austerity advocates to consider the possibility that there was something wrong with their analysis and policy prescriptions. But no. They went looking for new heroes and found them in the small Baltic nations, Latvia in particular, a nation that looms amazingly large in the austerian imagination.

At one level this is kind of funny: austerity policies have been applied all across Europe, yet the best example of success the austerians can come up with is a nation with fewer inhabitants than, say, Brooklyn. …

http://www.nytimes.com/2013/02/01/opinion/krugman-looking-for-mister-goodpain.html?_r=1&

Commie pinko anti-American traitor.

“Where was the hopelessness??” Ah, FOX. You crack me up.

(I bet they’re huge fans of Jimmy Carter’s addresses then?…)

Court rules recess appointments unconstitutional

http://www.nytimes.com/2013/01/26/business/court-rejects-recess-appointments-to-labor-board.html?nl=afternoonupdate&emc=edit_au_20130125&_r=0

Legal specialists said its reasoning would virtually eliminate the recess appointment power for all future presidents at a time when it has become increasingly difficult to win Senate confirmation for nominees.

Mr. Obama has made about 32 such appointments, including that of Richard Cordray, as director of the Consumer Financial Protection Bureau. President Bill Clinton made 139, while Mr. Bush made 171, including those of John R. Bolton as ambassador to the United Nations and two appeals court judges, William H. Pryor Jr. and Charles W. Pickering Sr.

Nearly all of those appointments would be unconstitutional under the rationale of the United States Court of Appeals for the District of Columbia Circuit.

Yesterday and today

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