The Washington Post is just as uncurious in its assessment of the London riots. The legacy media only have one way of looking at things: the liberal way.

The spin's already in-the cuts are to blame and the "youths" just need to keep their "youth centers" and Educational Management Allowance. The same thing will come here if the stuff that smells hits the fan.

We had the Tea Party Downgrade, they have the Cuts Riots.

http://bit.ly/p41QIv

This was not the time for this plan. The McConnell contingency plan should have been employed in an actual contingency, like on July 28-30, not July 12 with three weeks of negotiating left.

President Obama hasn't gotten much right, but in awarding the Medal of Honor for valorous acts above and beyond the call of duty that our soldiers have survived, he's right on the money.

Lybian Quagmire: Day 60

This is the illustration of the economic concept of diminishing marginal utility.

First you had no calculators. You now have one. You are >$100 better off (because you paid $100 for it).

You have one calculator. You buy another. You can't do much more, but are better off (otherwise why buy it?).

(skip six steps)

You have seven calculators. There really isn't any reason to buy another (except a regulation such as the instructor's in Peter's story) so you don't. The eighth calculator has zero net marginal utility.

I get the feeling that Thomas Friedman and President Obama share the same character flaw.  They both believe that because many people have massaged their egos and told them they are the smartest men in any room that they are in fact so.  Fortunately Mr. Friedman afflicts only his readers.

Erm, not sure Ryan's winning, Dr. Rahe.  Corwin's about to lose NY26 for the first time since 1857 because of successful Mediscare from the usual suspects (the fake teapartyist draws from both parties). Likewise, I can't believe that WI's most prominent Republican wouldn't at least trial-heat poll for an open-seat Senate run-he likely got bad results.  As much as I'd love the Ryan plan to become law and Ryan himself to be president, the Republican Party cannot defend it and the American people don't want it. They want single-payer, as long as it's called Medicare (like it is in Canada).

 Romney is a bad candidate because he can't articulate the case against Obamacare. "Good for MA but bad for America" is not sufficient.  If he can't make that case, he's toast either in Feb. or Nov., and I'd much rather he be toast in Feb. or before than in Nov.

Or we could blame Mr. Robinson and his "literati" and their "hail of elite bullets" (my apologies to Newt's staff). That'll put Obama in his place.

Right.

An eye for an eye and a judicial filibuster for a judicial filibuster.

Memo to Team Newt: The only reason your guy had any chance at all (even if 0.0001%) was because he was part of the DC establishment.  Look, I hate when she plays the "look at me I'm a poor rural hillbilly fighting for working-class 'common-sense Americans'" card, but at least it's semi-semi-plausible when Gov. Palin does it. I used to think Newt was better than that.  But then again, I used to think Newt was a conservative.

As a Virginian (who goes to that same College, I suspect), I've come to refer to Manassas and points north as the "Bolivarian Socialist People's Republic of Northern Virginia"

Yeah, thats why I joined, glad to see them back!

Charlie Crist, ambulance chaser.

#WINNING!

The second term of President George H. W. Bush clearly demonstrates that Obama is invincible. Might as well cancel the election.

There's nothing good in this.  This sort of resource-price inflation is the same stuff that burned us in the 1970s.  Resource-price (supply-side) inflation hurts the economy's ability to produce and leads to a recession trap that is very hard to get out of.  The government's only policy lever becomes more inflationary monetary and fiscal policy, burning savers.  Also, since our resources are mostly imported (I'm thinking of oil), the cycle can self-perpetuate if policymakers follow the "standard" policy.