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The long-troubled New York Sun, the neocon newspaper founded in 2002, is going down forevermore tomorrow, Gawker reports.
The Sun was an attempt to re-establish a neocon perch in New York City’s broadsheet press. But the project was superfluous — who needs a “right-wing” social-democratic paper like the Sun, when the New York Times is ready [...]
Filed under: media
I keep losing my train of thought while reading this Robert Stacy McCain post, but I swear that it is the best thing he has ever written.
Filed under: Uncategorized
Five years ago, TAC contributor Robertson Morrow predicted the economic downturn to follow the bursting of the mortgage bubble:
The imprudent will suffer. Debt will become harder to assume, housing costs will fall, and consumer spending will sag. Those who refinanced to extract cash, took out a second mortgage, bought more house than they could afford, [...]
Filed under: Economics
The current financial crisis has created a bull market for political satire, if only because everyone seems to hate the bailout scheme. I was pleasantly surprised to hear this on NPR today.
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Filed under: Uncategorized
Christopher Hitchens is obviously not TAC’s ideological bedfellow–heavens forbid. But when he steers clear of political or anti-religious propaganda and writes about literature, the older Hitchens does produce some utterly brilliant, persuasive stuff.
Filed under: Books
How nice of the House of Representatives to honor the great Austrian economist on the occasion of his 127th birthday by rejecting the bailout. No doubt Barney Frank and company will come back with something even worse, with Bush and Paulson strong-arming the House Republicans into line. But for today, there are two causes for [...]
How did the United States of America, the richest nation on earth, whose economy represents 30 percent of the Global Economy, arrive at the precipice of a financial panic and collapse?
The answer lies in the abject failure of both America’s financial elite and the political elite of both parties — the same elites now working [...]
Sunday. Late September; a warm day. Football season. The players in the huddle were shouting back and forth; emotions were high and morale was low. Accusations were parried with recriminations. Discipline and order had broken down, been restored, and broken down again repeatedly. The play-caller had a mad look in his eye and desperation in [...]
I have to disagree about the electoral map. The state and national results are highly correlated: when someone goes up in the national polls, he goes up in the swing states as well. If Obama is +6 in the Rasmussen and +8 in the Gallup (as he is today), he’s going to win almost [...]
Filed under: Uncategorized
I suspect that McCain has peaked in the national polls; certainly he has been bleeding momentum over the past week. Palin’s novelty has worn off, and her disastrous interviews have shattered her mystique, though she’ll continue to excite much of the GOP base. (And it’s not as if Biden excites anyone.) Nationwide, then, the contest [...]