Oil Prices Continue To Fall, But Don’t Expect It To Last Forever

The price of oil is continuing to fall, but it won’t last forever.

Edward Brooke, First African-American Elected To Senate, Dies At 95

The first popularly elected African-American Senator, and the first African-American Senator to serve since the end of Reconstruction ended, has passed away.

Russian Government Projects Sanctions, Declining Oil Prices, Will Lead To Recession In 2015

Russia’s own government is projecting that its economy will slip into recession next year. How that will impact Putin’s current belligerence remains to be seen.

Federal Judge Blocks New Jersey Sports Betting, But N.B.A. Commissioner Says ‘Legalize It’

Once again, a Federal Judge has barred New Jersey’s effort to legalize sports betting based on Federal law. it’s time for the Federal Government to get out of the way on this issue.

What “Third Term Curse?”

Some have argued that there is an historical bias against political parties holding on to the White House for more than two terms. As with most commonly held ideas, that simply isn’t true.

Germany Lowers Retirement Age

How long should we expect people to work?

The End of History, Continued

Twenty-five years after his seminal “End of History” article, Francis Fukuyama reflects on its legacy.

Is Europe Turning Right?

Parties described as “far right” or “extreme right” have done very well in Europe’s most recent elections.

Sequestration and the 6th Amendment Right to Counsel

Chief Justice Roberts is sounding the alarm over deep cuts to the public defender program.

Tea Party Hits New Low In New Poll

The Tea Party hit another new polling low, but that really shouldn’t be much of a surprise.

Feds Sell GM Shares for $10.5 Billion Loss

The federal government lost $10.5 billion on the GM bailout. Was this a good investment?

End Presidential Term Limits?

A third term for any of these guys? Don’t count on it.

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Congressional Job Approval Hits Record Low

Once again, pretty much everybody hates Congress. However, it’s unclear if that will matter come Election Day.

Euro Zone Jobless Rate Remains At 12.5%, Solutions Seem Out Of Reach

The economy of the Euro Zone remains in quiet dire straits, unless you’re lucky enough to live in Germany.

Yes, The Shutdown Is Hurting The Republican Party More Than Obama And The Democrats

There’s no denying it now. The GOP is being harmed by the events in Washington far more than the President and Democrats in general.

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Dysfunctional Government Has A Real World Impact

The real world impact of what’s happening in Washington is becoming apparent.

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Are The Markets Starting To Notice How Messed Up Things Are In Washington?

Signs that investors are starting to get nervous about the lack of action coming out of Washington.

Return Of The Debt Kamikazes

They’re back…….

John McCain: Obama’s Secret Weapon?

The president’s 2008 rival has gone from bitter foe to go-to deal broker.

Tim Geithner DMV Woes

The DMV experience sucks just as much if you’re Tim Geithner.

Despite Bankruptcy, Detroit Subsidizing New Red Wings Stadium

Detroit is bankrupt, but that isn’t stopping the Red Wings from getting $400 million in taxpayer subsidies for their new stadium.

Obama’s Pivot To The Economy: More Of The Same

As expected, President Obama’s latest “pivot” to the economy is less than meets the eye.

Detroit’s Pre-Bankruptcy Negotiating Game May Not Be Working.

Detroit faces some immense problems. Papering over them with short term deals with creditors isn’t going to solve them.

China And The Future Of World Oil Markets

The world oil markets aren’t too far away from being hit by the shock of massively increased demand from China. Somehow, we’ll have to adapt.

Judging Presidents (and Thinking about Institutions)

Because sometimes poorly contructed observations can set a fellow to writing.

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Odds Of A Democratic House Takeover Low

The odds for a party switch in the House of Representatives remain quite low.

Has Hillary Clinton Learned from 2008 Mistakes?

Will the prohibitive favorite for the 2016 Democratic nomination do it differently this time around?

The Sequester, Moving Goalposts, and the 2012 Elections

Ezra Klein argues that the voters already decided how the sequestration fight should play out.

Initial GDP Report Shows Economy Contracting In Final Quarter Of 2012

Some surprisingly bad economic news

Poll: Americans Support Sacrifice For Others, Not Themselves

A new poll finds strong support for raising taxes on other people and staunch opposition to cutting programs that benefit themselves.

Third Quarter GDP Growth Clocks In At 2.0%

Another mostly disappointing report on the state of the economy.

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Obama Claims Sequestration Cuts “Won’t Happen”

President Obama seems to have given away the store when it comes to the defense sequestration cuts.

What Happens To The GOP If Romney Loses?

Some Republicans are beginning to ponder what might happen to their party if Mitt Romney loses in 2012.

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Federal Reserve Announces Another Round Of Stimulus Creating Money Out Of Thin Air

Ben Bernanke thinks doing more of the same is just what the economy needs.

Obama Leading Romney In New Polls, Extent Of Convention Bounce Is Unclear

A new round of polling has Obama in the lead and shows reasons why Romney’s supporters should be concerned, but it’s unclear how long any of this will last.

Obama’s Convention Bounce Becoming More Apparent

If the first round of post-convention polling is correct, President Obama may be pulling away from Mitt Romney.

Obama’s Rove

The front page of Sunday’s NYT profiled Valerie Jarrett, the power behind the throne at the Obama White House.

Interest Rates and Hacky Political Analysis

Seniors face a variety of economy-based difficulties–but let’s criticizes the media!

Misleading Chart of the Day

A graph on public debt making the rounds is being used to misdirect rather than clarify.

Charlie Crist Endorses Obama, Condemns Party That Rejected Him

The former Republican governor of Florida says his former party is so extreme that it holds positions he held two years ago.