"Of course, real life never matches up exactly with the theory's assumptions. But they represent, economists say, a useful way of making sense of a complex world," Lynch wrote.
"To Soros, the conventional approach is rubbish. Instead of a world of near-identical actors, coolly assessing their economic interests and acting with clear-eyed precision, he sees a world (and markets) governed by passion, bias and self-reinforcing errors," Lynch wrote. "Because fallible human beings are both involved in, and trying to make sense of, this world, they inevitably make mistakes. Those mistakes then feed on themselves in ‘reflexive' ways that, when taken to extremes, result in situations such as the now-deflating U.S. housing bubble."
"[I] think that McCain has certain political virtues that other Republicans don't, which is that he actually has kind of a record of being, of being conciliatory - that there's actually - I mean, I don't what it means for the electoral future of the Democratic Party, but there are the possibilities for doing some interesting things with McCain as a leader, and I'm mostly thinking about global warming - where McCain has the best track record on energy and environment on the Republican side in the Senate," Foer concluded. "So, I think you have some really good possibility for a Nixon-to-China type solution to climate change if he decides that that's going to be the thing he is going to use to build a bridge."
Weisberg linked it back to a pattern of dyslexia in the Bush family.
"I agree with that," Weisberg said when presented the possibility that Bush has a "learning disability." "The other thing I've done is collect ‘Bushisms' over the years and I sort of joke this book is my penance for doing that, because one of the things ‘Bushisms' do is I think they make Bush sound stupider than he is, or stupid in a way he isn't. And I do think he does have some sort of language processing impairment that is probably akin to dyslexia, and dyslexia does run in the family. But, I don't think it is dyslexia because if you watched the State of the Union, you could see he has no trouble reading a teleprompter."
Although former U.S. Congressman, Joseph Kennedy III has been criticized for his Citgo commercial last year promoting discount heating oil provided by the Hugo Chavez Venezuelan government as a PR ploy, his latest commercial goes way beyond mere syrupy praise. Kennedy is now using the most recent Citgo commercial as a launchpad to blast the U.S. government and "Big Oil" as you can see in this video. After an introduction similar to the previous commercial showing poor people suffering from the cold, Kennedy goes on the attack:
...Yet our own government cut fuel assistance. And the Big Oil companies with oil and money to burn all said "no" when we asked for help. All but one. Citgo. Owned by the Venezuelan people, is donating millions of gallons to non-profit Citizens Energy...
After the article "Shock Troops" in The New Republic had been challenged by critics , a documentary filmmaker/blogger by the name of JD Johannes narrowed down the search of the author to Alpha Company, 1-18 Infantry, Second Brigade Combat Team, First Infantry Division on July21.
Three days after that on July 24, the military began a formal investigation, which included taking statements from soldiers in Alpha/1-18IN.
Scott Beauchamp gave his initial statement on July 26, published here for the first time.
1/18 Infantry, Second Brigade Combat Team, First Infantry Division, rotated out of Iraqi several weeks ago to their home base in Schweinfurt, Germany. This included noted fabulist Scott Thomas Beauchamp. Whether Beauchamp is still in Germany or has been allowed home on leave is rather irrelevant; he matters quite little now that he has established that he will not support his dark fantasies on the record.
What does matter is that Franklin Foer and The New Republic have lost yet another excuse in their continued failure to account for the actions of the magazine's editors since "Shock Troops" was first questioned July 18, over four months ago. Now that Beauchamp is out of the war zone and back in western civilization, Foer is unable to claim that he military is muzzling his communication or that of his fellow soldiers.
Rumor has it that Franklin Foer is presently attempting to pen his final justification of the story, and that it will be published in a December editor of the magazine.
Michael Crowley's takedown on Hillary and the media in The New Republic is fascinating -- and in some cases, overdoes the hostility between the two forces. But liberals should note that even The New Republic forwards the notion that David Brock's Media Matters collective is a transparent proxy for Team Hillary, and brings numbers to the table:
Many reporters also suspect the Clinton camp of employing outside proxies to attack troublemakers in the media....Many in Washington believe the campaign feeds material to Brock's site, as when Media Matters went after New York Times reporter Anne Kornblut last July after Kornblut misrendered a quote that led to an erroneous story claiming Hillary had criticized fellow Democrats. Not only did Clinton aides fume to the paper's editors, but Media Matters pummeled Kornblut and the Times for several days. (A count of Media Matters stories from October found 39 headlines defending Clinton, compared to 15 for Obama and just one for John Edwards. A Media Matters spokesman strongly denied favoritism.)
Crowley goes on to recount how Hillary likes to intimidate reporters on her beat like Kornblut, now with the WashPost:
He's a twice-AWOL serial liar with a pending mental health evaluation who can't write believable military fiction EVEN WHILE IN THE MILITARY. He's powerless, has been tried, found guilty and punished, and at this point, a distraction. We've been focusing on the wrong things.
What matters is the New Republic's advertisers. No, not their editors, their advertisers. [see below the fold for a list of same]
After weeks of saying nothing, the editors of the New Republic magazine have stepped out of their batcave to inform the world that they still believe in Scott Beauchamp's "reports" from Iraq.
For his part, Beauchamp is starting to look more and more like Memogate's Bill Burkett, the Texas moonbat who repeatedly told different versions of his story to Dan Rather and Mary Mapes:
Beauchamp’s refusal to defend himself certainly raised serious doubts. That said, Beauchamp’s words were being monitored: His squad leader was in the room as he spoke to us, as was a public affairs specialist, and it is now clear that the Army was recording the conversation for its files.
It's one thing for an editor to stubbornly defend a reporter whose story has come under fire when the reporter in question vehemently insists he is telling the truth. It's quite another when an editor stands by a discredited story that even the writer responsible for refuses to vigorously defend.
Such appears to be the case with The New Republic's Franklin Foer.
In a recorded Sept. 6 conversation, the writer, Pvt. Scott Thomas Beauchamp, said from Iraq that the controversy had "spun out of control" and had become "insane" and "ridiculous" and concluded: "I'm not going to talk to anyone about anything."
Drudge scooped me (arrgghhh!) with two documents related to the Beauchamp/TNR story. I had asked for in a FOIA request submitted more than a month ago to the U.S. Army. Those documents including a transcript of the call between Scott Beauchamp, TNR editor Franklin Foer, and TNR executive editor Peter Scoblic on September 7. I first wrote about the conversation itself previously.
The other document was the Army's official report, which I first discussed with the investigating officer, Major John Cross, on September 10.
Knowing the documents exist is one thing; having them is quite another. Now that they have been posted on the public record, these disclosures should end careers at The New Republic.
Jonathan Chait is one of the Founding Fathers of Bush Derangement Syndrome. Way back in '03, the New Republic senior editor authored one of BDS's early, seminal works: "The Case for Bush Hatred," whose very sentence was the subtle: "I hate President George W. Bush."
Ah, but Jonathan Chait isn't a mere one-hatred man. As of this morning, we can conclusively state that in addition to his animus toward our nation's chief executive, Jonathan Chait also hates lower taxes.
I'll ask all of my readers to please check out Pajamas Media after noon (Eastern U.S.) today [update:it's up now], and see what you think of my exclusive interview which should be coming online right about then.
In the meantime, Michelle Malkin and her team at Hot Air released a crushing "Vent" today, interviewing Michael Goldfarb, the writer for the Weekly Standard that broke the story with his post, "Fact or Fiction?" on July 18, and also paying a surprise visit to the offices of the New Republic to try to get in to see Franklin Foer.
All in all, this is going to be a very bad day for Franklin Foer and the New Republic, who by now, just wish this story would go away. What they don't seem to grasp is that at this point, they are the story.
Scott Johnson at Powerline argues that liberal opinion journal The New Republic really needs a grown-up in charge to clean up the magazine's act:
Although the -- I believe the correct word is "venerable" -- Martin Peretz is nominally the editor-in-chief of the New Republic, the lack of adult supervision at the magazine has become painfully apparent in the course of the magazine's continuing Beauchamp disgrace. When are "the editors" going to render their verdict on their Baghdad Fabulist, anyway?
The lack of adult supervision at the magazine is apparent beyond the Beauchamp disgrace. Here the juvenile TNR staffer Joshua Patashnik does little more than direct sarcasm at the New York Times's relatively favorable review (by Carl Cannon) of Stephen Hayes's book on Vice President Cheney. Unlike Patashnik, Cannon actually shows evidence of having read Hayes's book.
Bryan at Hot Air lets loose on the New Republic's Peter Beinart for his magazine's silence on the Scott Thomas Beauchamp scandal, even as Beinart appeared on an National Review Online vlog to defend the leftist fabulist.
I’ve tried to keep all emotion out of the TNR’s Scott Thomas Beauchamp scandal, but frankly, Peter Beinart’s defense of TNR in today’s What’s Your Problem (on NRO) made my blood boil a bit.
He professes shock, shock that anyone on the right would seek ideological causes for the scandal in an ideological magazine such as The New Republic.
He calls Beauchamp a “good writer,” which is obviously untrue. The man writes with more purple than Prince.
For a month, the veracity of The New Republic’s Scott Thomas Beauchamp, the Army private who has been sending dispatches from the front in Iraq, has been in dispute. His latest “Baghdad Diarist” (July 13) recounted three incidents of American soldiers engaged in acts of unusual callousness. The stories were meant to shock. And they did.
In one, the driver of a Bradley Fighting Vehicle amused himself by running over dogs, crippling and killing them. In another, a fellow soldier wore on his head and under his helmet a part of a child’s skull dug from a grave. The most ghastly tale, however, was about the author himself mocking a woman that he said he saw “nearly every time I went to dinner in the chow hall at my base in Iraq.” She was horribly disfigured, half her face melted by a roadside bomb. As she sat nearby, Beauchamp said loudly, “I love chicks that have been intimate — with IEDs. It really turns me on — melted skin, missing limbs, plastic noses.”
One needs to look no further than the Associated Press's story on the Scott Beauchamp saga to understand why the general public not following the news closely doesn't "get" just how biased and antagonistic towards the war, the military, and American soldiers Old Media outlets are.
In the case of Scott Beauchamp, now that their brethren at The New Republic (TNR) have been caught red-handed publishing made-up stories, John Milburn and Ellen Simon of the Associated Press appear to be doing everything they can to cover for them -- first, with a headline (probably determined elsewhere within AP) that fails to communicate anything resembling the essence of the story, and second, by struggling mightily in their reporting to make it appear that this is a "he said, she said" dispute, instead of a situation where Beauchamp and TNR have been thoroughly discredited.
Here's the headline:
Army denounces articles written by GI
Trouble is, Paragraphs 4 through 7 of the story make it clear that this is no mere denunciation -- it's a complete repudiation that the person the Army is supposedly only "denouncing" agrees with:
In an e-mail message, Mr. Foer said, "Thus far, we've been provided no evidence that contradicts our original statement, despite directly asking the military for any such evidence it might have," adding, "We hope the military will share what it has learned so that we can resolve this discrepancy."
Can't say we haven't seen this before: Scott Thomas Beauchamp, a writer for the New Republic, has recanted his tales of American military savagery according to the Weekly Standard (h/t Powerline):
The Weekly Standard has learned from a military source close to the investigation that Pvt. Scott Thomas Beauchamp--author of the much-disputed "Shock Troops" article in the New Republic's July 23 issue as well as two previous "Baghdad Diarist" columns--signed a sworn statement admitting that all three articles he published in the New Republic were exaggerations and falsehoods--fabrications containing only "a smidgen of truth," in the words of our source.
Doubts about the veracity of highly sensationalized accounts from Iraq written by a pseudonymous person claiming to be an American soldier have finally compelled the liberal New Republic magazine to launch an investigation, the New York Times reports:
The author, who used the pen name Scott Thomas, has written three articles for the magazine since February, describing gruesome incidents in Iraq. Last week, The Weekly Standard questioned the veracity of the New Republic articles and invited readers with knowledge about the military or Baghdad to comment.