The Republicans are joining the Central Bank of China in criticizing [Fed Chairman] Ben Bernanke. This is really distressing to me. […] [complaints about currency manipulation from Chinese central bankers] is like being called silly by the Three Stooges.
And then to have Republican leaders in Congress [agree is] bizarre. The Republicans are arguing that the Fed should not even be concerned about unemployment.

Barney Frank, letting other Democrats see how it’s done. Now say it every day for a few months. On your one millionth repetition, when you can’t stand to say it again: you will have reached somebody for the very first time.

The Authoritarian Media

Los Angeles Times: Shut up and be scanned
Boston Globe: The new “enhanced” patdown by airport screeners has sparked an unfortunate backlash among some fliers and privacy advocates
Springfield Republican: Let’s consider these searches the 21st-century equivalent of a WWII rationing card.
Spokane Spokesman-Review: TSA is on our side. […] [M]odest traveler inconvenience is a reasonable price to pay for a little added peace of mind.

The Wrath of the Bond Vigilantes

At first, the vigour with which Dublin wielded the spending axe won plaudits from bond markets. But the deflationary impact of the cuts has since seen the deficit widen.

Clearly the answer to this is simply deeper cuts. But only to services for the poor and unemployed. Couple that with a massive tax cut for the top 2% and you’ve got yourself a recipe for runaway growth…

The Wrath of the Bond Vigilantes