A Moment of Silence for the F-22 Raptor

Defense Secretary Robert Gates has recommended ending the the long-standing drama surrounding the F-22 (nee, the F-22A) supersonic fighter, capping the program with a purchase of four more planes in 2009, bringing the total number to 183.

A pair of F-22 Raptors during an Air Force training flight.
(Thomas Meneguin — U.s. Air Force Via Associated [...]

Two Thoughts on the AIG Bonus Scandal

I normally don’t comment on politics here, but wanted to share a couple thoughts I had about the recent churn and furor over the $165M in bonuses paid out to approximately 370 employees in the AIG financial products division.  As everyone now knows, this is the same division that apparently ended up with such large [...]

Obama Inauguration in Legos

I have to say, I am completely uninterested in the inauguration “event” that is going on right now.   Then again, I’m not really into the Academy Awards either.  My guess it has something to do with the amazing amount of real work to be done, and the amazing amount of time, effort and money being [...]

2008 Election Map by County

This is a quick follow on post to my 2004 Election Map by County from a week ago.

Needless to say, it definitely shifted bluer this election.  I thought I’d post it here so there would be an easy comparison.
Actually, for the best data, see the New York Time 2008 Election site.  Fantastic data, and a [...]

2004 Election Map by County

On the eve before the 2008 elections, I thought I’d post a picture I saved from the last election in 2004.  It’s hard to believe the likely difference between this almost completely red map and the map that is likely going to be drawn tomorrow.

It’s a good reminder of the hubris of Republican partisans after [...]

Carter:Bush, Reagan:Obama, Clinton:???

Whimsical pondering on politics tonight.
The Conscience of a Liberal has had more of an impact on me than I thought.
Let’s assume for a second that Carter was an unmitigated disaster, leading to an opening for a conservative rebirth with a Reagan presidency.  After all, before Carter, Reagan couldn’t even beat Ford for the nomination.
Let’s assume [...]

Problems with Obama’s Tax Credit = Tax Cut Accounting

I normally stay away from politically tinged posts.  Tonight, I’m posting two.
Call it formal recognition that the McCain candidacy is a lost cause, and that Obama is going to take the White House.  Futures on a McCain win are now down to 15.5% on the Iowa markets, even lower on the Intrade markets.  That’s bad [...]

Why the Liberal Political Engine is Working in 2008

“You have a great name. He must kill your name before he kills you.”
– Juba, from the movie Gladiator
I’ve almost finished reading Paul Krugman’s The Conscience of a Liberal.  I’ll post a formal book review here soon, but right now, I wanted to highlight one of the insights that I gained from the book.
As [...]

Need Help: Obama on Glass-Steagall Repeal in 1999

I need some help here from those closer to the inner workings of the Barrack Obama campaign.  I have it from fairly good sources that Obama has a strong economic team, and that he’s intelligent.
So why would he advocate a position based on the repeal of Glass-Steagall in 1999?
Just to rattle off a few bullets:

Glass-Steagall [...]

Alan Greenspan is Right on Fannie Mae & Freddie Mac

The incredibly historic economic news keeps coming this week.  Truly momentous.  It’s as if every article, every book, every course I’ve ever taken in modern economic history and theory was to prepare to understand the events of the past 12-24 months.
In some ways, I think I’m in shock.  It’s like watching history in the making.  [...]

An Obama Article During the Republican Convention

I generally don’t write about politics here on my blog, largely because I tend to be more issue-oriented than party-oriented, and that seems to bring out fire from both sides of the aisle.
Right now, I’m hopelessly behind on keeping up with the conventions – I’ve downloaded all the speeches from the DNC, but haven’t watched [...]

Osama Bin Laden and $144 Oil

Just got a pointer to this old article from the New York Times, dated October 14, 2001:
That sympathizers of Osama bin Laden sink three oil tankers in the Strait of Hormuz and choke off the narrow, bow-shaped channel that funnels 14 million barrels a day from the Persian Gulf to the rest of the world. [...]

Obama Victory Probability at Over 85% (Iowa Electronic Markets)

I’ve really enjoyed the ongoing empirical experiments at the Iowa Electronic Markets, where people can use real money to trade futures on political (and other) events.  As can be expected, political polls tell a very different story than markets where real money is at stake.
Tonight, with the marginal victory for Clinton in Indiana, and the [...]

Correlation or Causality: Starbucks & Obama

This one was too good not to share.  See below for a graph mapping out the correlation between the number of Starbucks and the margin of victory/defeat for Obama vs. Clinton.  From the Urbanspoon:
Is there really a connection between sipping your double tall breve and voting for Obama? We’ll leave political analysis to the professionals, [...]

The Problem With Raising the Capital Gains Tax Now

OK, normally I stay away from posts that could be perceived as political.  But it’s hard to comment on economic issues in the heat of this intense primary season without venturing into those dangerous waters.
I’m going to try to be careful here not be too specific about any candidate or their plans.  I felt, however, [...]