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Newsweek’s Daniel Gross explains the Consumer Price Index (here’s the official BLS site) in a very simple video. I could do without the goofy sound effects, but it’s a good, 2 minute explanation of how the government tracks inflation.

Per David Simon’s Berkeley talk, though, the video doesn’t go into why this matters. Perhaps they’ll cover that in the next installment of the Economics 101 series.

(via @newsweek, Newsweek’s Twitter feed)

2:42 pm | leave a comment
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Really disappointed in the Democrats on this one. There was no reason to compromise on this. They should’ve passed the bill that they negotiated with DNI Mike McConnell. Force Bush to veto things.

12:06 pm | leave a comment

Excellent summary of the FISA debacle from Publius. Worth a read, including the linked articles in his post.

2:33 pm | leave a comment

How do you maintain the outrage when nearly everything causes some?

3:30 pm | leave a comment

Excerpt:

We just foiled a plot that might have killed thousands of people thanks to…a British Muslim who was worried about something he’d seen in the wake of the 7/7 London bombings. All this talk about how the improved surveillance techniques, the NSA, etc. were responsible for stopping this attack overlook that, however much help those things may (or may not) have helped, we stopped the enemy because of a tip from the very community 39% of Americans would like to brand with a yellow Crescent. I’m sure that will really encourage American Muslims to speak out in the future.

2:40 am | leave a comment

Looks like the White House has some explaining to do. Will they? (via Atrios)

11:21 pm | leave a comment