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Archive for the ‘Economy’ Category

obamunism“Conservatives might be seeking a spiritual leader, organizing principle and fresh identity, but they at least seem to have settled on a favorite rhetorical ogre: socialism.

“As in, Democrats are intent on forcing socialism on the ‘U.S.S.A.’ (as the bumper sticker says, under the words ‘Comrade Obama’).

“It seems that ‘socialist’ has supplanted ‘liberal’ as the go-to slur among much of a conservative world confronting a one-two-three punch of bank bailouts, budget blowouts and stimulus bills. Right-leaning bloggers and talk radio hosts are wearing out the brickbat. Senate and House Republicans have been tripping over their podiums to invoke it. The S-bomb has become as surefire a red-meat line at conservative gatherings as ‘Clinton’ was in the 1990s and ‘Pelosi’ is today.” (more @ NY Times)

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spockvulcanMaureen Dowd on President Obama’s Mr. Spock-like cool:

“Mr. Obama has a bit of Mr. Spock in him (and not just the funny ears). He has a Vulcan-like logic and detachment. Any mere mortal who had to tell liberals that our obligations in Iraq and Afghanistan are far from over and tell Republicans that he has a $3.6 trillion budget would probably have tears running down his face.”

Related: Obama is Spock: It’s quite logical

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Obama GOP ReactionFrom TPM, evidence that the story told Tuesday night by Louisiana Governor Bobby Jindal during his GOP response to President Obama’s speech to Congress — “about how he backed a tough-talking sheriff’s efforts to rescue Katrina victims, government red-tape be damed [sic]” — was not true.

The full text of Governor Jindal’s speech can be found here.

obamacongressMeanwhile, Peggy Noonan saw Obama’s speech as a defining moment:

“A mysterious thing happened in that speech Tuesday night. By the end of it Barack Obama had become president. Every president has a moment when suddenly he becomes what he meant [sic] to be, or knows what he is, and those moments aren’t always public. . . .

“So with Mr. Obama, about four-fifths of the way through the speech. He was looking from the prompters to the congressmen and senators, and suddenly he was engaging on what seemed a deeper level. His voice took on inflection. He wasn’t detached, as if he was wondering how he was doing. He seemed equal to the moment and then, in some new way, in command of it.” (via Wall Street Journal)

A transcript of President Obama’s Address to Congress can be found here.

[As for that other influential GOP spokesperson, a video of “Joe the Plumber”‘s response to Obama’s speech can be found here.]

Update: (2/27) Jindal Admits Katrina Story Was False

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marijuana11“Could Cannabis sativa be a salvation for California’s fiscal misfortunes? Can the state get a better budget grip by taxing what some folks toke?

“[Assemblyman Tom Ammiano] from San Francisco announced legislation Monday to do just that: make California the first state in the nation to tax and regulate recreational marijuana in the same manner as alcohol.” (via LA Times)

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Updates

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bookstore-sign1“Peter Olson, until recently the chairman and CEO of Random House, wrote in Publishers Weekly last month: ‘While 2008 ended on a disappointing and even discouraging note for many in the book industry, the outlook for the new year is even bleaker. One-time adjustments by retailers and underlying shifts in the structure of the book industry will make 2009 the worst year for publishing in decades.’” (via London Review of Books)

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richrain“One of the most persistent cultural tics of the early 21st century is Americans’ reluctance to absorb, let alone prepare for, bad news. We are plugged into more information sources than anyone could have imagined even 15 years ago. The cruel ambush of 9/11 supposedly ‘changed everything,’ slapping us back to reality. Yet we are constantly shocked, shocked by the foreseeable.” (via NY Times)

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morgan-cartoonWith the stir over the New York Post’s economic stimulus cartoon unlikely to die down any time soon (unlike the stimulus bill-writing chimp), there may be no better time to visit the ongoing exhibition at The Morgan Library & Museum in New York, “On the Money: Cartoons for The New Yorker From the Melvin R. Seiden Collection.”

“Celebrating the art of the cartoonist, On the Money: Cartoons for The New Yorker features approximately eighty original drawings by some of The New Yorker’s most talented and beloved artists who have tackled the theme of money and the many ways in which it defines us. . . .

“The works are drawn entirely from the collection of Melvin R. Seiden, a longtime supporter of the Morgan, who has assembled one of the largest and most representative private selections of this art form which spans the history of The New Yorker. The Seiden collection of New Yorker cartoons, numbering nearly 1,500 sheets, complements the Morgan’s holdings in the history of satire and humor, which range from the Renaissance to the twentieth century. . . .

“Since 1925 The New Yorker magazine has served as the leading forum for American cartoonists to reflect and comment on the nation’s social and cultural environment.”

The exhibition runs through May 24th.

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monkeycartoon

Published in today’s New York Post, Sean Delonas’ cartoon linking a chimpanzee with the economic stimulus package signed by President Obama is being roundly criticized for implicitly comparing the President with the primate and evoking a history of racist imagery of blacks. Post editor-in-chief Col Allan defended the cartoon as “a clear parody of a current news event, to wit the shooting of a violent chimpanzee in Connecticut. It broadly mocks Washington’s efforts to revive the economy.”

Sam Stein of The Huffington Post observes that on the page preceding the cartoon, the Post published a large photo of Barack Obama signing the stimulus legislation. “The succession of the story and cartoon creates a rather jarring visualization for some readers,” writes Stein.

Update

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“The crash of 2008 continues to reverberate loudly nationwide—destroying jobs, bankrupting businesses, and displacing homeowners. But already, it has damaged some places much more severely than others. On the other side of the crisis, America’s economic landscape will look very different than it does today. What fate will the coming years hold for New York, Charlotte, Detroit, Las Vegas? Will the suburbs be ineffably changed? Which cities and regions can come back strong? And which will never come back at all?”

(via The Atlantic)

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madoff1

“The pain caused by Bernard Madoff will be lasting and felt by a great many people. There can be little doubt that the method by which he used his Jewish identity to worm his way into the confidence of many Jewish investors and charities will be among the most memorable aspects of his villainy. But those concerned about the future of American Jewry have far more pressing worries than the money Madoff stole and lost or the ammunition he might have given to anti-Semites. The real question is whether, at a time when resources are growing relatively scarce, the American Jewish community will finally take the full measure of the threat to its long-term survival and husband its straitened resources to address that threat openly, honestly, and effectively.”

(via Commentary)

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dvd“Because of widely available broadband access and a new wave of streaming sites, it has become surprisingly easy to watch pirated video online — a troubling development for entertainment executives and copyright lawyers.”

(via NY Times)

[Earlier this week, for the first time, I watched a pirated movie, a DVD copy of a current-run Academy Award-nominated film apparently reproduced from an advance review video (during an early scene, for a few seconds, a message appeared on the bottom of the screen warning against reproduction or distribution of the video). I must admit to having had some misgivings about watching the DVD, yet what I mostly thought about was how commonplace it is to find for sale legally in bookstores, uncorrected proofs or review copies of new books sold to the stores by editors and reviewers, often in advance of the books’ release. Review copies of new books, not intended for resale, are so ubiquitous in New York City that it has become hard for me to justify paying full price for new titles.]

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“The Oscar Wilde Bookshop in Greenwich Village, which is believed to be the oldest gay and lesbian bookstore in the country, will close on March 29, its owner announced on Tuesday, citing “the current economic crisis.” The announcement came nearly five years after the store was about to close, only to be given a last-minute reprieve when a new owner purchased it.”

(via NY Times)

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nbcAs former NFL head coach Jim Mora might ask, “Recession? Recession? Are you kidding me? Recession?”

NBC Sells Out Super Bowl Ads for Record $206M (via NY Times)

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