Paul Krugman explains why the Obama-Geithner bank plan leaked to the NY Times this morning is a waste of tax-payer money: Bank runs can be contagious; partly that’s for psychological reasons, partly because banks tend to invest in similar assets, so one bank’s fire sale depresses another bank’s net worth. So now we have a [...]

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Click the outrage. Rage the outclick!

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You should totally click that toon, man. It’ll get BIGGER!

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Waving his magic wand, President Obama has brought sight to the blind and made the lame to walk, yea verily. Actually, he has ordered a halt to prosecutions of prisoners held at Guantanamo Bay via the military tribunal process. The White House will review the cases individually and move most of them through the civilian [...]

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Now that a $700 billion (or is it $850 billion?) bailout bill has become law, reversing within only a few days a vote that struck down a less pork-laden version, it might be instructive to look at how this issue was presented to the American public. My time is tight today, so I apologize if [...]

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