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Monday, July 06, 2009

Bloomberg's Kevin Hassett says that California's example will help kill Obamanomics. I would like to think so, since Hassett's argument is that centrist Democrats in the Senate will find the public option for health insurance reform hard to swallow. But, never underestimate the ability of people to live with illusions, even illusions that keep them on the road to disaster.

Jennifer Rubin says on the issue of nuclear arms control, Obama has had it wrong for 25 years. Obama's illusions about nuclear arms and arms control are a clear and present danger.

Ross Douthat says Sarah Palin should have declined the VP spot on the McCain ticket.

The Times of London reports that the Saudis have given the Israelis permission to overfly their territory in a strike against Iranian nuclear facilities. A plausible story, so far as I can tell, since it would be in the interests of the Saudi rulers to see the Iranians taken down a peg or two.

Robert J. Samuelson says a lack of focus on history was the reason so many economists missed the coming financial crisis. That is true enough, and it is the main reason why so many economists fail to understand the oftentimes irrational aspects of human behavior that lead to so many problems.

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