
|
7:00 pm EDT
Tuesday, July 1 |
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Unindicted co-counterconspirator-in-chief Donald Luskin will appear on CNBC's Kudlow & Company. Don will be talking about -- you guessed it -- politics, the economy, and the market. |
Chronicle of the Conspiracy
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NEW LOWS FOR RECOVERY DENIALISM
The New York Times reaches deeper into the bottom of the barrel
than ever thought possible to deny the economic recovery.
Floyd
Norris writes today about the strong job gains in the Department of
Labor's "Household Survey," from which is derived the unemployment rate,
which fell last month from 6.0% to 5.9%. He managed to find a Wall Street
economist -- a "senior strategist of Mizuho Securities USA," that highly
respected institution of economic analysis -- who would tell him that the
strong growth in self-employment comes from "spammers, the people who fill
e-mail in boxes with unwanted mail. It is not clear how many of them there are,
but there is no doubt most Americans would be quite happy if there were fewer."
Well, that about sums up the New York Times' positions on jobs in
general, doesn't it? "Quite happy if there were fewer."
>> Wait! A late entry! How about this letter in the "Free for All"
section of
today's Washington Post letters page? Is it a stealth
correction for the Post? Just a gag? Or a new lower-than-low for recovery
denialism?
"...I read that "the nation's gross domestic product grew at an annual rate
of 8.2 percent in the three months ended Sept. 31," and it all became clear.
By adding an extra day to September, the government grew the length of the
quarter by about 1 percent, thus an instant 1 percent increase in growth.
Plus, by pushing the calendar back, they've lengthened a short holiday
shopping season by a day. This will probably raise spending in the fourth
quarter as well."
Thanks to David Duval and Joseph Hrutka for the links.
Posted by Donald L. Luskin at 11:43 AM |
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KRAUTHAMMER DOWDIFIES DEAN
Funny Charles Krauthammer column in the Washington Post
today, clinically diagnosing Howard Dean with "Bush Derangement
Syndrome." There's even a nice dig at Paul Krugman for
that awful UK book cover. But just to prove that I don't focus my
fire only on liberal pundits, I must not fail to point out a very serious case
here of distorting a quotation. Here's how Krauthammer portrays an element of
Howard Dean's admittedly fatuous statements on "Hardball" Tuesday about breaking
up big media companies:
"Dean has never opined for a living and has no detectable sense of humor.
Even worse is the fact that he is now exhibiting symptoms of a related
illness, Murdoch Derangement Syndrome (MDS), in which otherwise normal people
believe that their minds are being controlled by a single, very clever
Australian.
"Chris Matthews: 'Would you break up Fox?'
"Howard Dean: 'On ideological grounds, absolutely yes, but . . . I don't want
to answer whether I would break up Fox or not. . . . What I'm going to do is
appoint people to the FCC that believe democracy depends on getting
information from all portions of the political spectrum, not just one.'"
While claiming Dean has "has no detectable sense of humor," Krauthammer has
Dowdified a much longer quote to make it seem utterly serious -- when
even the most casual reading of
the transcript makes it obvious that was intended as jest. I've
highlighted to fragments of it that Krauthammer quoted.
"MATTHEWS: Would you break up Fox?
(LAUGHTER)
"MATTHEWS: I’m serious.
"DEAN: I’m keeping a...
"MATTHEWS: Would you break it up? Rupert Murdoch has 'The Weekly Standard.'
It has got a lot of other interests. It has got 'The New York Post.' Would you
break it up?
"DEAN: On ideological grounds, absolutely yes, but...
"(LAUGHTER)
"MATTHEWS: No, seriously. As a public policy, would you bring industrial
policy to bear and break up these conglomerations of power?
"DEAN: I don’t want to answer whether I would break up Fox or not,
because, obviously
"(CROSSTALK)
"MATTHEWS: Well, how about large media enterprises?
"DEAN: Let me-yes, let me get...
"(LAUGHTER)
"DEAN: The answer to that is yes. I would say that there is too much
penetration by single corporations in media markets all over this country. We
need locally-owned radio stations. There are only two or three radio stations
left in the state of Vermont where you can get local news anymore. The rest of
it is read and ripped from the AP.
"MATTHEWS: So what are you going to do about it? You’re going to be
president of the United States, what are you going to do?
"DEAN: What I’m going to do is appoint people to the FCC that believe
democracy depends on getting information from all portions of the political
spectrum, not just one."
Yes, Dean is clearly serious about using regulatory power to restructure the
media business -- and there is a lot more in the transcript to back this up,
including similar discussions of media companies other than Fox. As far as I'm
concerned, he should be crucified by both conservatives and liberals for this
attack on free speech and free enterprise. But Krauthammer has deliberately
taken what was clearly a joke, and turned it into a false representation that
Dean would use regulatory power to attack FOX in particular, because of its
political orientation.
Posted by Donald L. Luskin at 12:09 PM |
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ECONOCRATS CONTRA RECOVERY
In case anyone thinks that the Washington economics bureaucracy has
been captured and politicized by the Bush administration, think again.
Just take a look at the
monthly "Employment Situation" press release this morning from the Bureau
of Labor Statistics of the Department of Labor. These guys aren't
exactly trying to make the boss look good. Instead of simply delivering the good
news -- that 57 thousand new payroll jobs were added to the economy last month;
that the unemployment rate fell from 6.0% to 5.9% (down from 6.4% at mid-year);
and that the number of unemployed persons fell by 105 thousand -- here's the BLS
econocrats' gloomified interpretation (emphasis added):
"Employment continued to trend up in November and the unemployment rate, at
5.9 percent, was essentially unchanged from October, the Bureau of
Labor Statistics of the U.S. Department of Labor reported today. Nonfarm
payroll employment rose slightly over the month (57,000). the
number of unemployed persons, 8.7 million, were essentially unchanged
in November. The jobless rate is down slightly from midyear."
You have to look at the tables beginning on the second page to see that,
according to the BLS's "Household Survey," the total number of employed persons
increased by 589 thousand in the most recent month. The number of workers
outside the labor force fell by 244 thousand persons now rejoining the labor
force. And you have to look at the notes beginning on page three to discover
that payroll jobs gains were artificially held back by the Southern
California grocery workers strike.
Who needs Louis Uchitelle? Our tax dollars are already at work, with
the econocrats churning out the most pessimistic possible interpretation of good
economic news.
Posted by Donald L. Luskin at 11:29 AM |
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THE NEGATIVE PEACE DIVIDEND?
EconoPundit Steve Antler
looks through a wormhole into an alternative universe in which there is no
war on terror (but budget deficits are even bigger).
Posted by Donald L. Luskin at 9:40 AM |
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THE LEFT DISCIPLINES KRUGMAN
This is why the Democrats will never be able to really pillory
George Bush for his protectionist trade policies. Paul Krugman
offered an uncharacteristically diffident criticism
in a column last
week (which
I praised, by the way) -- and here's what he gets for it from his buddies on
the left. This is
a letter in today's New York Times, on a letters page which
normally only publishes fawning atta-boys for Krugman:
"The problem with Paul Krugman's worldview ('The Good News,' column, Nov.
28) is that global consumption is unsustainable, especially as the population
increases.
"Petroleum dependence has as much capacity suddenly to limit expansion as it
has had in allowing expansion. Mr. Krugman writes, 'We are not, it turns out,
condemned to live forever on a planet where only a small minority of the
global population has a decent standard of living.' His claim assumes
unlimited oil and natural gas consumption — about to halt globally as peak
production passes. Even if it could be perpetuated, Earth is already being
fried.
"He says 'the critics of globalization do have some valid points.' But he
scarcely lists any. Aside from oil, he might have mentioned that corporate
globalization is through the barrel of the gun, as has been demonstrated from
Chiapas to Miami when people are trying to protect what is 'decent.'
"JAN LUNDBERG
Pres., Sustainable Energy Institute"
Well, now we know. The problem with Krugman’s worldview is that global consumption is unsustainable (other than that, apparently, his worldview is just fine).
Just so. Trade and globalization are the only areas that Krugman has exempted from his
nihilistic vision of an "age of diminished expectations" and "depression
economics." Well, Paul... you lie down with dogs and you get up with fleas. All
those guys who normally cheer you on, all those depressed liberals with
diminished expectations (for everything except the growth of government), they
aren't going to make this exception for you.
>>Update... A reader responds, on our own letters page.
Posted by Donald L. Luskin at 1:22 AM |
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A NEW COLOR FOR ELLIPSIS-GATE
Our friends at The National Debate -- the site that broke Maureen
Dowd's ellipsis-gate scandal --
are onto another example of the New York Times customizing
quotes to fit is prejudices.
"Yesterday,
Ray Glier of the Times reported on the hiring of Sylvester Croom as the new
head football coach of Mississippi State. The 'pull' quote from Croom's press
conference was contained in almost every report on Croom's hiring. Some how the
New York Times had a different take.
"As quoted in the
Biloxi (Miss.) Sun Herald:
'I'm the first African-American (football) coach in the SEC, but there ain't but
one color that matters here, and that color's maroon.'
"As quoted by CNN's Bill
Tucker:
'The other thing that I want to make sure that everybody understands is that I
am the first African American head coach in the SEC, but there ain't but one
color that matters here, and that color is maroon.'
"As quoted by the
Associated Press:
'I am the first African-American coach in the SEC, but there ain't but one color
that matters here and that color is maroon,' said Croom, referring to the school
color.
"As quoted by
The New York Times:
'I am the first African-American coach in the S.E.C., but there is only one
color that matters here and that color is maroon,' Croom said, referring to the
Bulldogs' official colors, maroon and white, as the crowd applauded."
The National Debate's "Erasmus" wonders whether "their reporter got the most
important quote of the press conference wrong or does the Times now have a
policy of cleaning up, sanitizing and de-regionalizing the English language?"
Posted by Donald L. Luskin at 12:24 AM |
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CAN THIS BE KRUGMAN?
From Paul Krugman's New York Times column today:"To be fair, the looting is a partly bipartisan affair." Which is more incredible, for a Krugman column? The first three words, or the last seven?
Posted by Donald L. Luskin at 12:01 AM |
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EMAILS TO PAUL, AND OTHER FRAUDS
These letters from readers about Paul Krugman's
Tuesday New York
Times column on the vast Republican voting-machine
conspiracy are just too good to relegate to our letters page. Enjoy.
Here's one from a knowledgeable eye-witness to the mid-term Georgia
elections discussed in Krugman's column.
Great column on voting machines ("Diebold-faced
Lies" 12/3/2003). I was Chief of Staff for Governor Roy Barnes,
whose loss had nothing to do with the voting machines. I am now serving on the
Georgia Election Board, and I’ve learned more than I ever thought I would
about voting machines.
This is an email I sent to Krugman today:
Mr. Krugman,
We had a meeting today, and prior to the meeting, I saw a map of the United
States that had been published in your newspaper (November 6, 2002). The map
had a layer of counties. Each county had a color for the type of voting
equipment being used. As I recall, only two states had counties with the same
colors – in other words, only two states used the same type of equipment in
every county. Those two states are Georgia and New York. Georgia, of course,
uses the Diebold system. New York, I was shocked to learn, uses the old lever
machines in every county. Those machines are not manufactured any more. And
some of those machines were purchased from Georgia counties (I could make a
smart remark about a southerner ripping off a Yankee, but I won’t).
Anyway, you talk about no paper trail! No way to verify! I believe the concept
of verifying a lever machine and a computer are similar – checking the counts
before and after voting (this is a simplistic explanation). But with the
Diebold equipment, there are redundancies and other methods of verification.
No system is perfect, and we are always looking for ways to improve security
and accuracy. As you explore alternatives for future columns, in addition to
looking to other states, I urge you to look to New York first.
Also, I wrote a piece for an election law website that addresses a number of
the conspiracy theories. The link is below.
Click here and
go to the October 23 post.
Bobby Kahn
Here's another email to Krugman from one of our readers -- it out-Krugmans
Krugman:
Dear Mr. Krugman,
I am flabbergasted that you haven't uncovered the real Republican conspiracy
that includes involvement by Mr. Ralph Nader and Mr. Albert Gore. Let's look
at the facts, Krugman-style.
Mr. Nader insisted on being a presidential candidate even though he knew this
would siphon votes from Mr. Gore, thus assuring a win by Mr. George W. Bush.
When Mr. Nader didn't get enough votes to allow Mr. Bush a definitive
electoral victory, Mr. Gore instituted legal proceedings that ultimately
called into question the validity of punch card voting systems.
The result achieved by these conspirators is that punch cards fell out of
favor to be replaced by touch screen systems, of which Diebold is a major
player. And the rest is in your column.
Sincerely,
Kathleen O'Neal
Here's one from a friend who raises a point I heard in many letters -- that
if you strip away Krugman's Bush-bashing conspiracy theories, there are indeed
legitimate concerns about the integrity of voting devices that have no audit
trail.
Krugman exhibits breathtaking chutzpah to even suggest that Republicans may
be leading the charge on vote fraud, whether real or potential. I have watched
polls and challenged voters in New Orleans, Trenton and Manhattan. While I
can't claim to have seen every trick in the book (Jameson Campaigne has
certainly experienced more up in Illinois), I have seen enough to make me
question the "credibility of U.S. democracy" in close elections. Chicago,
1960, anyone? Or earlier, how about Landslide Lyndon?
Krugman does make an overall point that I do agree with, namely that voting
machines that leave no paper trail are an invitation to wholesale fraud and
abuse. I'd contend, however, that you'd likely find that more in historically
fraud-rich areas than elsewhere. Should Diebold beef up their security?
Absolutely. But the unauthorized access was of an equal opportunity nature.
David Duval
Finally, here's one from the aforementioned Jameson Campaigne,
living up to his homonymous surname with precisely the expertise David
Duval had mentioned.
My favorite is the last election... the 98-99% vote turnout in the
city of Philadelphia, which caused Bush to lose the state (if he'd won,
Florida would have been irrelevant).
The Democrat political machines in New York City, Trenton, Chicago,
Detroit, Gary, St. Louis (also in the news in 2000) and in smaller places like
East St. Louis (IL), Albany (NY) and so on easily swell the Democrat popular
vote total by 500,000 total votes on election day (Mayor Daley can easily add
or subtract 100,000 votes), often tipping a state's electoral vote into the
Democrat column, if needed, in the wee hours of the morning.
Here are a few of the ways it is done:
1) Punch card voting can subtract GOP votes by sticking a piece of
pencil lead into any one of the holes dedicated to a candidate the Dem's wish
to defeat. This is how a friend of mine lost the GOP primary for Mayor of
Chicago to a professional clown a few years ago. Of the 50,000 ballots
requested, only 30,000 of them showed any vote for him or any other
candidate for the mayoral nomination -- while there were votes for all the
other aldermanic and other Cook County offices. In other words, he was
subtracted 20,000 votes.
2) When living in Chicago and just married, after we moved into our new
apartment my wife, a registered Democrat ("that's the only way I know my vote
will be counted in a Chicago election"), received four new voter
registration cards -- addressed to her married and maiden name at her old
address and two more to her new address. I assume she is still voting Democrat
four times in every Chicago election, since the GOP no longer watches the
canvass in the city of Chicago.
3) When the Dem's determine, at 1:00 am or so, how many votes they need,
the rotten precincts in Chicago produce the necessary margin by after-hours
voting, usually all done by the Dem precinct captains en masse. Sometimes this
is done before the election, the ballot boxes (which are supposed to be
empty before the voting starts) already containing pre-marked ballots. I ran
into this as a poll watcher in 1962 during "Operation Eagle Eye." Arriving at
the polls an hour early, at 5:00 am, I heard the "ding-ding-ding" of the old
mechanical machine curtain going back and forth; peering in the window I saw
the Dem precinct captain throwing the straight Dem lever, yanking the curtain
handle to register the vote. A cop was watching him, supplied with donuts and
coffee. I came in and pretended I had not seen this, but pointed out the
machine already had votes on it, so it would have to be reset before anyone
else could vote on it. Major dispute, but the Eagle Eye lawyers quickly
arrived and we won that little battle.
There is no way to stop vote fraud without an army of trained poll
watchers, a like army of lawyers -- a helluva major effort by a party. The
stupid gutless GOP rarely does this, since it is usually greeted by, and
intimidated by, cries of "racism" when they do make the effort.
Jameson Campaigne
Thanks to all of you who have sent letters on this. Best ever!
Posted by Donald L. Luskin at 1:12 AM |
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RANDOM MOODSWINGS
GRADING KRUGMAN
THE ECONOMIST "When faced with a contradiction, check your
premises."
That's what Robert Musil has done with the contradiction of Paul
Krugman the partisan hack versus Paul Krugman the respected theoretical
economist. I can't say I'm entirely surprised to see the contradiction resolved
in favor of Paul Krugman the hack theoretical economist. Musil's review of
the evolving literature of "trade theory" shows that Krugman's best-known
theoretical contributions rested on lazy simplifying assumptions. With those
accounted for, his "New Trade Theory" seems "a lot more like a technical
advance, quite possibly a mere curiosity, and less like the breathtaking,
revolutionary revision of classical thinking he and his admirers have
held it out to be."
FASHION PLAME
The insatiable appetite of Niger-gate whistleblower Joseph Wilson IV for
self-aggrandizing publicity has met the insatiably appetite of
Graydon Carter for fashionable Bush-bashing. The latest
Vanity Fair features a photo-spread of Wilson and his
supposedly "covert CIA operative" wife Valerie Plame -- appropriately
garbed in fashion accessories designed to conceal and protect her identity.
According to Howard Kurtz in today's Washington Post,
"The January issue features a two-page photo of Wilson and the woman the
magazine calls 'the most famous female spy in America,' a 'slim 40-year-old
with white-blond hair and a big, bright smile.' They are sitting in their
Jaguar. Plame is wearing a scarf and big glasses, which just adds to the aura
of mystery. In a second shot on their terrace at the couple's home near
Georgetown, she holds a newspaper in front of her face.
"'The pictures should not be able to identify her, or are not supposed to,'
Wilson said yesterday. 'She's still not going to answer any questions and
there will not be any pictures that compromise her.' The reason, said Wilson,
is that 'she's still employed' by the CIA 'and has obligations to her
employer.'
"Ron Beinner, a contributing photography producer at Vanity Fair, said
Plame was not originally scheduled to participate in the Nov. 8 shoot, but
agreed to join her husband once 'she felt suitably disguised.'
"It's not that Plame has dropped out of sight. In October, as Vanity Fair
notes, she was at the National Press Club -- wearing a 'sharp cream pantsuit'
-- while her husband received a truth-telling award. Wilson wept from the
podium, saying, 'If I could give you back your anonymity . . .' and then
introduced Plame, who also teared up."
Thanks to Ashby Foote for the
link.
Correction 12/3/2003 11:37 pm... The text reflects correction of Mr. Wilson's first name to Joseph. Originally, I had inadvertently typed "Robert."
Posted by Donald L. Luskin at 11:06 AM |
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DIEBOLD-FACED LIES
When someone says "this isn't about money," you can be sure it's all about
money. And when Paul Krugman says " there's
nothing paranoid about suggesting" something, you can be sure that what he's
suggesting is a crackpot conspiracy theory, built on lies and innuendo, that
only a true paranoid could believe.
What "there's
nothing paranoid about suggesting" in
Krugman's New York
Times column yesterday is that touch-screen voting machines are part
of a Republican plot to hijack elections. He sanctimoniously warns,
"let's be clear: the credibility of U.S. democracy may be at stake."
The proof? Krugman assembles a
crazy-quilt of anecdotal, inaccurate and highly selective evidence of technical
difficulties and security concerns with voting machines manufactured by
Diebold, Inc. -- whose CEO, Walden
O'Dell, is a major supporter of President Bush. The purpose? To set
the media echo-chamber abuzz with a catchy urban myth to show that the
Republican party seeks
an America in
which, as Krugman says in the introduction to his book,
The Great Unraveling, "possibly -- elections are only a formality."
Krugman starts the column by
making it seem as though O'Dell has confessed to using Diebold machines to rig
elections. Quoting from a letter from O'Dell concerning a Bush fundraiser:
"I am
committed to helping Ohio deliver its electoral votes to the president next
year." Yes, a horrible choice of words for a manufacturer of voting
machines -- and one that O'Dell deeply regrets. The Ohio-based executive
told the
Cleveland Plain-Dealer,
"I'm a pretty experienced business leader, but
a real novice on the political side of this... I can see it now, but I
never imagined that people could say that just because you've got a political
favorite that you might commit this treasonous felony atrocity to try to
change the outcome of an election... I wouldn't and couldn't."
In the classic ploy of smear journalism in which the victim's statements of
self-defense are deliberately minimized, Krugman paraphrases O'Dell's heartfelt
regrets as: "he says that he wasn't talking about his business operations."
Next comes the circumstantial evidence: "Georgia — where Republicans scored
spectacular upset victories in the 2002 midterm elections — relies exclusively
on Diebold machines." In a
Times column less than a month ago, Krugman claimed Republicans
"coded racial signals" were responsible for the Georgia upset. Now, it would
seem, a better story has come along. As James DiBenedetto notes
on his Eleven Day Empire blog, Krugman is now arguing that only
ballot fraud could explain "how people could actually...gasp!...vote Republican,
even though he KNOWS how evil and terrible and bad they are and he's been
telling us so for years."
Is there any actual evidence of ballot fraud? No. But in another classic
smear ploy, the very fact that there is no evidence is itself cited as evidence.
Krugman says with a straight face, "...there is no evidence that the machines
miscounted. But there is also no evidence that the machines counted correctly."
Krugman then goes on to raise various concerns about Diebold's technology and
corporate behavior. "The details are technical," he begins, which is the smear
journalist's way of saying "I don't really understand all the facts, but here's
a bunch of stuff that seems to support my prejudices." Krugman continues,
"Early this year Bev Harris, who is writing a book on voting machines,
found Diebold software — which the company refuses to make available for
public inspection, on the grounds that it's proprietary — on an unprotected
server, where anyone could download it. (The software was in a folder titled
'rob-Georgia.zip.')"
My investigations confirm that a Diebold server was indeed unprotected for a
period -- a mistake that has been addressed, according to documents provided by
David Bear, a Diebold Election Systems, Inc. spokesperson I talked
to yesterday. But there is still much in these two sentences that deserves
scrutiny. First, according to Bear's documents, while Diebold software may not
be available for public inspection, it is tested both by an independent
lab and by outside experts appointed by client states such as Georgia.
Second, Krugman parenthetically mentions the folder name "rob-Georgia.zip."
Why mention the name at all except, obviously, to imply by innuendo that the
software's purpose was to "rob Georgia" -- that is, to steal the Georgia
election? Yet reader Doug Augustin points out that,
according to Bev
Harris herself, "rob" actually refers to Rob Behler, a contract
technician working for Diebold, for whom the file was intended.
Krugman continues by asserting that "An analysis of Diebold software by
researchers at Johns Hopkins and Rice Universities found it both unreliable and
subject to abuse." Krugman fails to mention that Avi Rubin, the computer
scientist who led the Johns Hopkins analysis team,
has confessed
that he held stock options in VoteHere Inc., a Diebold competitor, and
was a member of VoteHere's advisory board. Hmmm... funny how Krugman always
seems to forget to mention those advisory board relationships.
Krugman adds, "A later report commissioned by the state of Maryland
apparently reached similar conclusions." In the smear-journalist's lexicon,
"apparently" means "has not." In reality,
the
report prepared by SAIC for the
Maryland Department of Budget and
Management reached completely opposite conclusions, and resulted in the
state's decision
to purchase $55.6 million of Diebold's equipment. Indeed,
an
appendix to the report went on for 29 pages noting differences with Avi
Rubin's report. The appendix begins,
"...SAIC reached many different conclusions. Indeed, Professor Rubin states
repeatedly in his paper that he does not know how the system operates in an
election and he further identifies the assumptions that he used to reach his
conclusions. In those cases where these assumptions concerning operational or
management controls were incorrect, the resultant conclusions were,
unsurprisingly, also incorrect."
Krugman adds this weasely hedge: "It's hard to be sure because the
state released only a heavily redacted version." Well, we can only imagine how
many more differences the report would have found if it its appendix had
not been redacted to a mere 29 pages.
Krugman doesn't stop with Diebold. Of course, he brings up the infamous 2000
Florida presidential election -- that wellspring of so many beloved
liberal myths -- citing the "'felon purge' that inappropriately prevented many
citizens from voting in the 2000 presidential election." But
according to Peter Kirsanow, a member of the
US Commission on Civil Rights, writing
for National Review Online in October,
"In fact, an exhaustive study by the Miami Herald concluded that 'the
biggest problem with the felon list was not that it prevented eligible voters
from casting ballots, but that it ended up allowing ineligible voters to cast
a ballot.' According to the Palm Beach Post, more than 6,500 ineligible felons
voted."
And while we're on the subject of Republican conspiracies,
Krugman just couldn't resist reminding us that Republican "Orrin Hatch, the
chairman of the Senate Judiciary Committee, recently announced that one of his
aides had improperly accessed sensitive Democratic computer files that were
leaked to the press."
Krugman fails to mention, however, exactly what those
leaked "sensitive Democratic computer files" were. It turns out they were
horrifically embarrassing staff memoranda revealing the hand-in-glove
strategic partnership between Democratic senators and various lobbying
organizations dedicated to blocking President Bush's judicial nominees
(according to one memo, "most of Bush's nominees are nazis"). And according to
yesterday's Wall Street Journal, there wasn't even anything
"improper" about the aide's access to the files. They were all just sitting on a
shared server set up by Democratic Senator Pat Leahy's IT staff.
A server, it seems, just like the one Diebold used.
Posted by Donald L. Luskin at 5:11 AM |
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LUSKIN ON KUDLOW & CRAMER

Unindicted co-counter-conspirator Donald L. Luskin will be a guest on CNBC's "Kudlow & Cramer"... Tuesday, December 2 at 8:00 pm EST. No, the subject won't be Krugman.
Posted by Donald L. Luskin at 12:12 PM |
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UNLIMITED ARROGANCE AND SOLOPSISM
How dare the Bush administration let something like the safety of the President of the United States get in the way of the sacred relationship between a reporter and his editor? That's sacred!
Posted by Donald L. Luskin at 1:48 PM |
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ECONOMIC CHECKMATE
I made a transcript of Paul Krugman's remarks on the economy, on
CNBC News with Brian Williams last Wednesday night. Personal
implosion just doesn't get any better than this stammering, incoherent mess:
BRIAN WILLIAMS: "And Paul, I need not tell you, conservatives, a lot of
fans of this administration, for whom your -- your column has become the place
they love to hate, are sitting around looking at the uh, the -- the Beige Book
and the new numbers out, saying 'well what is Krugman going to say about
this.' What do you say about all the evidence?
PAUL KRUGMAN: "Um, it's definitely an upturn, I mean, uh, you can't, uh,
you know I, what do you say? It looks good. Um, it doesn't look great yet.
That we -- we need -- we need a lot more before we are willing to say, 'Gee,
it's really great stuff.' But, uh, it's a lot better than I expected. I think
-- it's better really than anyone expected. Uh, we still don't see employment
gains, uh, that would -- that would, really make a big dent in the unemp -- in
the unemployment rate, and you know we have -- we have a lot of lost ground to
make up. But it's definitely an upturn. Um, you know, what I would say for, as
someone who criticizes that -- look, um this, it really wasn't about the
short-term business cycle. It's -- it's the long-term budget deficit. Uh, even
if Bush gets, uh, an equivalent of Reagan's morning in America, which was six
quarters of growth at about the rates that we had in the third quarter of this
year, uh, that -- that wasn't good enough. It turned out that there was a lot
of problems with -- with build-up of debt. But look, it's -- it's -- it's
better, and -- I've got relatives looking for jobs, and -- and, you know, this
is good. Better. Much better than what we feared might happen."
That's the Democratic Party's economic talking points, my friends. The
delivery will get smoother as time goes on -- but that's as powerful as the
ideas are going to get. And don't worry about any Democrats going after Bush
on his horrific protectionist policies. Bill Clinton may have been a
courageous free-trader, but nowadays no Democrat is going to dare to alienate
either the old-school union base or the new-age anti-globalization idiot-fringe.
Between now and the election, as far as the economy is concerned, it's
checkmate.
Posted by Donald L. Luskin at 3:05 AM |
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STREISAND EDITS CARTER
Barbra Streisand, on her website, quotes extensively from Graydon Carter's "amazing editorial" in the latest issue of Vanity Fair. Citing dozens of Carter's "Harper's Index"-style pseudo statistics, somehow she was smart enough not to quote Carter's hilarious howler about the US's "$6.84 quadrillion (yes quadrillion)" national debt.
Posted by Donald L. Luskin at 10:01 PM |
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KRUGMAN: REMAINDERED
Paul Krugman's
The Great Unraveling is today nowhere to be seen on the
New York Times' non-fiction hard-cover best-seller list.
Michael Moore's
Dude, Where's My Country?, Bill O'Reilly's
Who's Looking Out for You? and Al Franken's
Lies, and the Lying Liars who Tell Them are still number one, two,
and three respectively.
Krugman hits
the remainder counter after just three months (thanks to Joe Wright
for the link).
Posted by Donald L. Luskin at 11:26 AM |
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COVERING UP FOR THAT COVER
A rare Paul Krugman correction in the New York Times?
Not quite.
Today's corrections section states,
"An article last Sunday about the differing covers on the American and
British editions of a book by Paul Krugman, the economist and Op-Ed columnist
for The New York Times, Page, referred incorrectly to a caricature on the
British version. According to groups that distribute the image, the drawing of
Vice President Dick Cheney, with the words 'Got Oil' on his forehead and a
dark mustache, was intended to evoke the 'Got Milk' advertising campaign, not
to suggest a comparison with Hitler."
Why the Times cannot name "groups that distribute the image" is
unknown (perhaps they don't want to be associated with it -- according to the
book-jacket's inside back flap, the group [singular] is Magnum Photos).
It is also unknown why such "groups" (or group) would be able to authoritatively
state exactly what the "drawing" (it is actually a photograph) was "intended to
evoke," since the "groups" (or group) do nothing but "distribute the image" and
have nothing to do with the creation of the protest-march sign contained in the
image. But more relevant here: it doesn't really matter what the original
protest-march sign was "intended to evoke." What is relevant is what the use
of the image on a book-jacket in the UK where, (as
Robert Musil has exhaustively pointed out), the "Got Milk"
advertising campaign is virtually unknown. A week after
distancing itself from Krugman, the Times has gone back to covering
up for him.
Posted by Donald L. Luskin at 1:39 AM |
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