Elementary, my dear Watson.
Gold as an industrial material is not worth even $1,000 an ounce, but enough speculators think it is worth over $1,400, so that's its price today. If you're buying...good luck.
Why is Brian D'Arcy suddenly talking after giving most media a cold shoulder over the past year? Maybe he is starting to say hello even as it's time to say goodbye.
We don't really know why voters kept giving education construction budgets money while strangling the teachers and profs. But they did, and now we are actually beginning to watch how that money is spent at community colleges. There's still inadequate oversight, but there is some.
There are unicorns in the Ryan House budget.
But Tea Party Americans will believe anything their corporate overlords tell them, so we're stuck arguing this plan anyway, and not a real one.
So Ryan is claiming that unemployment will plunge right away; that by 2015 it will be down to the levels at the peak of the 1990s boom (and far below anything achieved under the sainted Ronald Reagan); and that by 2021 it will be below 3 percent, a level we haven’t seen in more than half a century. Right.
Then there’s the Medicare business. According to the CBO analysis, a typical senior would end up spending more than twice as much of his or her own income on health care as under current law. As Dean Baker points out, this means that seniors would end up paying most of their income for health care. Again, right.
We are heading into The Masters weekend, which means that street-hassle will be vibrant but distracted. This also means a kind of spring cleaning on the desktop, clearing away the past year's detritus so that Flash 10 will operate adequately during those moments watching the feed from the site.