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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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The headline is mine, since TPM doesn’t have one for this article. The content is good. I haven’t read all the links, so this is as much a reminder for me to read them.

I am sorely disappointed in the Democrats on this one. I don’t understand why they passed this bill. Let the President veto this. It does not matter what you think the GOP will say to paint you as weak on terror… they will do it anyway. I’m not the only one to say this and I’m not going to be the last. F’ing. Make. A. Stand.

8:12 pm | leave a comment

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