Before the computers shut off to begin another weekend, I wanted to point to the following:
- Lawrence Summers suggests we might be rounding the bend. From the washingtonpost.com: “[I]t is modestly encouraging that since it began to take shape, consumer spending in the U.S., which was collapsing during the holiday season, appears, according to a number of indicators, to have stabilized.” He went on to talk about “smart regulation,” a favorite topic of mine. [washingtonpost.com]
- The Administration’s pick to head the FDA, former NYC health commissioner Margaret Hamburg, “avoids the usual debate between industry and consumer advocates.” [The New York Times]
- What does it mean when Warren freakin’ Buffet loses his Triple-A rating? From Forbes.com: “In the past year, shares of Berkshire Hathaway, the insurance and electricity conglomerate that Buffett controls, have lost 35%. Buffett saw his personal wealth decline by $25 billion. Now Fitch Ratings has snatched away his top-notch rating, downgrading Berkshire to AA.” [Forbes.com]
- I, Chris, by way of the recommendation of Maddow, hereby recommend Doctorow recommending Geoghegan recommending being smart about unions. From Doctorow: “This is one of the best books I’ve read about labor politics in America, striking a balance between the romance and heroism of the best labor struggles in US history . . . and the venality, pettiness and criminality of the worst of labor . . . .” [Boing Boing]
- Of course you’ve seen it, but if you haven’t: Comedy Central, March 12, 2009, Stewart v. Cramer. It’s instantly classic TeeVee. [The Daily Show]
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