Assorted Links (10/16/2009)

Here’s a list of articles that I have been reading today (organized by topic):

Economics and the Financial Crisis

“Borrow from the Federal Reserve at zero and lend to Treasury for a profit. That’s some racket.”

“Almost two-thirds of all bad mortgages in our financial system were bought by government agencies or required by government regulations.”

Health Care Reform

“Beating up on the insurers feels good but may not be the right medicine.”

Foreign Policy

  • Israel’s Secret War on Hezbollah, by Ronen Bergman

“Iran’s proxy army in Lebanon will think twice before launching another round of missile attacks.”

  • No Nobel Results From Obama Foreign Policy, by Charles Krauthammer

“About the only thing more comical than Barack Obama’s Nobel Peace Prize was the reaction of those who deemed the award “premature,” as if the brilliance of Obama’s foreign policy is so self-evident and its success so assured that if only the Norway Five had waited a few years, his Nobel worthiness would have been universally acknowledged.”


“We are a nation fully settled by government. The terrain ahead is both crowded and costly.”

  • The Reality Moment, by David Brooks

“Conservative politicians in Britain are treating voters as adults, offering not merely pain, but a different economic vision, and American Republicans should take a cue from their approach.”

Political Satire

“In his De Gustibus column, Eric Felten wonders what James Bond would have to say about a new CIA directive on global warming.”


  • An Encyclopedia of Probability, by Carl Bialik


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