Politics Roundtable

Politics Roundtable

Political blogs of interest to economists.

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September 21, 2018, 4:09 pm, 1901567
(Steven Hayward)

• Has anyone stopped to notice that amidst all the extreme political turmoil of the week, the stock market has leapt sharply to a new record high? It’s almost as though the real economy of the real world isn’t much concerned about the madness in Washington. Or maybe ...

September 21, 2018, 2:39 pm, 1901535
(Steven Hayward)

As if we didn’t have enough explosive material flying around this week, the New York Times has just posted the following story:

By Amy Goldman and Michael Schmidt

WASHINGTON — The deputy attorney general, ...

September 21, 2018, 2:34 pm, 1901532

Paul Krugman: @paulkrugman: "The Kavanaugh mess has structural roots. Rs needed someone who was both ideologically reliable and at no risk of developing a conscience when it came to defending Trump against rule of law. So it had to be a bad person, which meant ...

September 21, 2018, 1:08 pm, 1901512
(Paul Mirengoff)

As Steve reported last night, our friend Ed Whelan set off a storm yesterday with a series of tweets suggesting Christine Blasey Ford’s allegation that Brett Kavanaugh sexually assaulted her was a case of mistaken identity. There had been plenty of buzz about ...

September 21, 2018, 1:03 pm, 1901510

Why are they sticking with Kavanaugh? Because the pool of "Federalist Society approved judges who also think the president is essentially unaccountable... is rather thin". There are two agendas here—that of the Federalist Society and that of the Orange-Haired Baboon. If not, the Republicans would not have wedged ...

September 21, 2018, 11:37 am, 1901484
(Paul Mirengoff)

CNN reports that negotiations between Christine Blasey Ford’s legal team and the Senate Judiciary Committee are moving forward such that it’s likely she will testify. I don’t know whether CNN’s report is accurate, but Committee staff does not appear to be pushing back against it.

Here ...

September 21, 2018, 11:23 am, 1901479

Very, very, very, very smart: Brad Setser: Three Sudden Stops and a Surge: "Fundamentally, the crisis was a crisis of confidence in the health of the balance sheets of the great financial houses of the United States and Europe.... The line between banks and shadow ...

September 21, 2018, 11:23 am, 1901478

Very, very, very, very smart: Brad Setser: Three Sudden Stops and a Surge: "Fundamentally, the crisis was a crisis of confidence in the health of the balance sheets of the great financial houses of the United States and Europe.... The line between banks and shadow ...

September 21, 2018, 11:08 am, 1901469
(John Hinderaker)

Until now, President Trump has mostly remained aloof from the spectacle the Democrats have created over Judge Kavanaugh’s nomination to the Supreme Court. This morning he weighed in via Twitter:

Judge Brett Kavanaugh is a fine man, with an impeccable reputation, who is under assault ...

September 21, 2018, 11:03 am, 1901468

I think that this is 100% right: Anatole Kaletsky: Why the US Would Lose A Trade War with China: "In handicapping the US-China conflict, Keynesian demand management is a better guide than comparative advantage.... China can avoid any damage at all from US tariffs simply ...

September 21, 2018, 10:34 am, 1901457

The aristocrats! Sign a letter supporting Brett Kavanaugh as a man of good character, get falsely smeared as the real perp in his attempted rape case. Republicans! Josh Marshall: My Take on Where We Are With Kavanaugh #5 (A Very Bad Night for Kavanaugh): "Ed ...

September 21, 2018, 9:23 am, 1901440

Shaggy: "It wasn't me..."

September 21, 2018, 8:09 am, 1901425
(Scott Johnson)

Ammo Grrrll seems to have gone LITERALLY BAT-GUANO CRAZY. She writes:

I may have been one of the few who really enjoyed Cory Booker’s Oscar-worthy Spartacus impression on his audition tape for Democrat Presidential Timber 2020. You know why? Because he’s a guy, that’s why. And I am ...

September 21, 2018, 8:09 am, 1901424
(Scott Johnson)

In the memoir Cardiac Arrest: Five Heart-Stopping Years as a CEO on the Feds’ Hit List (written with Stephen Saltarelli), Howard Root tells the ...

September 21, 2018, 2:39 am, 1901349
(Paul Mirengoff)

Citing “sources,” Fox News’ Shannon Bream reports on the demands Christine Blasey Ford and her legal team are making as a condition for her testifying about her allegations against Brett Kavanaugh:

Ford team wants NO questions from lawyers, only Qs from Committee members, #Kavanaugh cannot be in ...

September 20, 2018, 7:48 pm, 1901314
(Steven Hayward)

Paul (and Senator Orrin Hatch) has already mentioned the possibility that Dr. Ford’s allegation of sexual assault by Brett Kavanaugh may be a case of mistaken identity, based in part on Ed Whelan’s cryptic tweets that Kavanaugh is going to be fully exonerated. This has set off ...

September 20, 2018, 6:39 pm, 1901298
(Paul Mirengoff)

That letter Christine Blasey Ford gave to California Democratic lawmakers containing her allegation against Brett Kavanaugh must be a highly flawed document. First, Sen. Feinstein sat on it for months. She didn’t give it to the FBI. She didn’t publicize its contents.

She didn’t even ...

September 20, 2018, 6:39 pm, 1901294
(Paul Mirengoff)

It’s amusing, in a sickening sort of way, to hear Senate Democrats say it’s unacceptable to have on the Supreme Court someone “credibly” accused of assaulting a woman 36 years ago, when he was in high school. Who among these “outraged” Senators has complained about serving with ...

September 20, 2018, 6:39 pm, 1901297
(Paul Mirengoff)

Brett Kavanaugh’s accuser, Christine Blasey Ford, has little choice but to give evidence to the Senate Judiciary Committee, and do so promptly. If she persists in refusing, Judge Kavanaugh almost certainly will be confirmed more or less on schedule. Ford’s objective all along has been to ...

September 20, 2018, 6:39 pm, 1901296
(John Hinderaker)

Tonight, starting at 7 p.m. Central time, we are doing a VIP Live event. If you are a VIP member, you will get an email with a link to a live YouTube address where you can watch the event and submit your own comments and questions. What will ...

September 20, 2018, 6:39 pm, 1901295
(Steven Hayward)

And now for something completely different. . .

Sometimes science can be positively hilarious, except when it sets up another screen for detecting bigotry and sexism. That’s the case for a brand new study just out from the National Institutes of Health entitled “Too picky for my taste? ...

September 20, 2018, 2:39 pm, 1901238
(Scott Johnson)

In a letter to his Democratic colleagues on the Judiciary Committee, Senator Grassley has set forth the rationale of his prescribed method of proceeding on the late hit of Christine Blasey Ford on Judge Kavanaugh with the hearing proposed for next Monday. Here we can see the ...

September 20, 2018, 2:39 pm, 1901237
(Steven Hayward)

I wish everyone, including those who support Judge Kavanaugh, would stop using the term “lie detector.” There is no such machine. The “polygraph,” as it is properly called, simply measures changes in your autonomic physiology while you answer questions. And while there is some statistical correlation and probabilities ...

September 20, 2018, 2:39 pm, 1901235
(Steven Hayward)

It is hard to single out the most egregious media treatment of the sexual assault allegations against Brett Kavanaugh because the field is so large and the competition so intense. But The Guardian at least deserves to make the Finals with its story with its story entitled “‘

September 20, 2018, 2:39 pm, 1901236
(Paul Mirengoff)

I confess that, in real time, I was unhappy with Sen. Charles Grassley’s handling of the first hour of the Brett Kavanaugh confirmation hearing. My live-blogging of the hearing made clear my view that Chairman Grassley should have been much more firm with the Democratic ...

September 20, 2018, 10:39 am, 1901158
(Scott Johnson)

Senate Judiciary Committee Democrats are at best disingenuous scoundrels. How does a straightforward and decent man like Judiciary Committee Chairman Chuck Grassley deal with them? The current outrage featuring the late hit on Judge Kavanaugh by Christine Blasey Ford presents a case study. Senator Grassley ...

September 20, 2018, 8:09 am, 1901095
(Scott Johnson)

On Monday President Trump ordered the declassification of 20 or 21 previously redacted pages from the Carter Page FISA applications. The declassification order also extends to the redactions made to text messages from senior Justice Department and FBI officials. Kelly Cohen covered the declassification order

September 20, 2018, 8:09 am, 1901094
(Scott Johnson)

In the old Rolling Stones song, “Something happened to me yesterday” (“something I can’t speak of right away”). In the case of Christine Blasey Ford’s late hit on Judge Kavanaugh, I have the distinct impression that something didn’t happen to her yesterday — the “something” being an ...

September 20, 2018, 2:40 am, 1901017
(Paul Mirengoff)

Yesterday, word circulated in certain quarters of the D.C. legal/public policy community that the assault allegation against Brett Kavanaugh may be a case of mistaken identity. In other words, the incident happened, but the perpetrator wasn’t Kavanaugh.

In the version I heard, the assault was committed ...

September 20, 2018, 2:40 am, 1901016
(Paul Mirengoff)

No, Grassley didn’t put it that way. He can’t politically, and is too much of a gentleman to do so in any event. But that’s the essence of the Chairman’s statement to Ford and her counsel that they have until 10:00 Friday morning to ...