The Daily Grind
8:39 AM, Jul 1, 2010 • By MARY KATHARINE HAM
The BP CEO for Gulf Restoration will take questions live on YouTube this afternoon, if you'd like to submit some questions that aren't from emo teenagers and climate-change activists asking about cap-and-trade.
Kagan: So funny I forgot to laugh.
Hurricane Alex turns Cat 2, bears down on Gulf Coast and Texas.
Scolded by Europe...on spending: Canada, Germany, Great Britain and most other countries declined Mr. Obama's invitation. The German economic minister "urgently" prodded America to cut spending at a press conference on June 21, prior to the G-20 meeting. The president of the European central bank took direct aim at Mr. Obama's argument, telling the Italian newspaper La Repubblica on June 16 that "the idea that austerity measures could trigger stagnation is incorrect."
Pentagon recommends Medal of Honor for living soldier for first time since Vietnam.
Nanny State Nevada trying to mandate that mechanics check each customer's tire pressure.
Also, you'll have to eat your veggies: "As solicitor general of the United States, Elena Kagan argued in front of the Supreme Court that the federal government had the constitutional authority to ban certain political pamphlets. She also strongly implied that some political books, if they were partisan enough, could also be censored."
Allan Meltzer on the failure of Obamanomics: "Two overarching reasons explain the failure of Obamanomics. First, administration economists and their outside supporters neglected the longer-term costs and consequences of their actions. Second, the administration and Congress have through their deeds and words heightened uncertainty about the economic future. High uncertainty is the enemy of investment and growth."
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