A blog that covers Politics, finance, economics, and science. Perspective is conservative in the non-social sense, but not dogmatically so. Maintained by the Chief Technology Officer of a large Hedge Fund
Tuesday, August 2, 2011
Tweet from @sanuzis
@sanuzis: Obama demonstrated the one key quality common to all unsuccessful leaders: Haplessness. http://ping.fm/Bbogs
Monday, August 1, 2011
Fine! Call My Bluff!
Remember a few weeks ago when President Obama reportedly said to House Majority Leader Eric Cantor: "Eric, don't call my bluff"? Lots of commentators said that this was a "tell"--that by referring to "my
bluff,"
bluff,"
Obama was admitting he was bluffing. Actually, his play was even worse than that. A bluff is a pretense. The bluffer knows he has a weak hand but bets as if he has a strong one in order to induce his opponents to fold. Obama had a weak hand but thought he had a strong one.
CBO confirms that debt-ceiling plan would cut $2.1 trillion
The nonpartisan Congressional Budget Office on Monday confirmed that the
debt-ceiling compromise now slowly working its way through a political
minefield would cut deficits by at least $2.1 trillion over 10 years.
debt-ceiling compromise now slowly working its way through a political
minefield would cut deficits by at least $2.1 trillion over 10 years.
The finding, reported in a letter to Speaker John A. Boehner (R-Ohio)
and Senate Majority Leader Harry Reid (D-Nev.), is fresh ammunition for
supporters of the plan in the face of conservative opposition that the
spending cuts are too small.
More bad poll news for the President
More bad poll news for Obama as debt deal brings smiles to Capitol Hill
Wherefore art thou Mr Keynes
What Time Does the Keynes Wake Start? - By Jim Geraghty - The Campaign Spot
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