David Brooks of the Times picks up our theme from yesterday -- Obama is getting tough now so he can get soft later. It's a good political move on a tough problem.
The big news this morning is the administration's refusal to bail out GM, without its making major concessions -- and the simultaneous forced resignation of GM's head. But several months from now, the automaker seems likely to get its bailout for the reason Mickey Kaus elaborates: Now that the feds, so to speak, own the company, Obama can't risk the political fallout from a shutdown.
As the GOP wanders in the wilderness, everyone knows the conventional names being bandied about for 2012 -- Palin, Huckabee, Romney, even Gingrich. Here are two other possibilities -- South Carolina Governor Mark Sanford (whose 2012 nomination has already been predicted by colleague David Bernstein). And Gen. David Petraeus -- who I think is a real possibility, should Obama's administration lose popular favor. More on that in a later column
A budget clash among Democrats? Insider Ted Van Dyk surveys the possible damage.
A large part of the allure of the NCAA tournament is the annual emergence of the Cinderella team that comes out of nowhere to captivate the nation. But sports fans have begun to notice that the Cinderellas are disappearing long before midnight. It's impossible for these nobodys to compete with the big guys -- especially since the NCAA lords have begun doing such a competent job of seeding the teams beforehand.
About six weeks ago ago, we filed a piece on how newspapers could reorganize themselves to survive in the internet age -- eventually charging for online content. It's theme that has preoccupied ace blogger Alan Mutter, who recently posted a piece from Bill Grueskin, former managing editor of wsj.com, on how news sites might be able to charge for content in the future
It may seem odd to be attacking Barack Obama, the visionary, for a failure of vision. But ever since he took office, he has failed to make his economic recovery program appealing to the masses by giving people something tangible to believe in. It's not surprising, given that he's delegated economic policymaking to a bunch of, well, economists.
John Authers of the Financial Times agrees with Krugman and others: It won't work.
Later note: More here on potential problems with the plan.
And a worthwhile debate here.
From Jamie Galbraith, in the Washington Monthly. Too little, too late,
And more here from Tom Edsall
As Paul Krugman writes, the problem is not lack of confidence but lack of solvency. The new plan, supposedly to be announced Monday, won't do the trick. And, when it doesn't, this administration -- and nation -- will be in even bigger trouble.
Let's hope his efforts with the economy fare better. We still say he shouldn't have gone public with this anyway.
Sage advice -- let's fire the bankers.
There are a lot of things that presidents can't do that a private citizen can because they represent all the people. Thus when Obama revealed his NCAA picks yesterday -- going with North Carolina and critiquing some of the other teams and players -- it was inevitable that many of the partisans of the other contenders would not be amused.
Another day, another crisis for Tim Geithner. Now we have the first congressional calls for his resignation.