FDR

'Nobody Knows The Outcome, So The Most Important Thing Is Speed'

Who cares if we're like Bill Murray in Groundhog Day, careening in his pickup toward the brink of the rock quarry?  At least we're moving fast!

That seemed to be Claire Shipman's logic in urging speed in the implementation of the stimulus plan. The ABC correspondent made her curious comment today during the roundtable segment of This Week.

CLAIRE SHIPMAN: Don't you think that, I mean as George [Will] said, given that nobody knows the outcome, it seems as though the most important thing is speed here.

Will made the logical response.

CNN's Jim Acosta: Obama Inaugural Speech 'Could Be One For the Ages'

Jim Acosta, CNN Correspondent | NewsBusters.orgCNN correspondent Jim Acosta hyped the forthcoming inaugural address of President-elect Barack Obama during a report on Tuesday’s American Morning: “...Barack Obama’s inaugural address may be more than the speech of his lifetime. Historians and speechwriters say it could be one for the ages, if he can rise to the occasion.” He reenforced this sentiment with clips from a former Clinton-Gore speechwriter who predicted that it’s “a pretty good certainty that you’ll have schoolchildren reading this speech hundreds of years from now” and a professor who claimed that “it’s almost impossible for Obama to fail.”

Co-host John Roberts introduced Acosta’s report, which started 25 minutes into the 6 am Eastern hour of the CNN program, by focusing on the “great anticipation about the inaugural address” and how many “expect it to stand with some of the greatest ever presidential inaugural speeches.” Acosta began with his “speech of his lifetime...one for the ages” line,” and played a clip from Obama’s 2004 speech at the Democratic convention. He echoed Roberts’s earlier lines by stating how “the stage is being set for an address that’s destined for the history books.”

Morning Joe Mocks Olbermann's Special Comment Rants

Far be it from me to sow discord in MSNBC ranks, to stir up old animosities between colleagues there.  But if Joe Scarborough is going to do a mocking imitation of Keith Olbermann in full Special Comment rant, well then, blogging ethics compel me to report it.

The jumping-off point on Morning Joe today was Eugene Robinson's current WaPo column. After claiming that he didn't want to kick the president on his way out the door, Robinson proceeded to do just that.  The columnist described a variety of measures adopted by the president in prosecution of the war against terror as "departures from American values and traditions." Robinson recommended an investigation if not a criminal prosecution. That led Pat Buchanan and Scarborough to cite, chapter and verse,  the ways in which Bush's supposed abrogation of  "American values and traditions" were small potatoes compared to the actions of predecessors including Lincoln, Wilson and FDR.

Without mentioning the Countdown host by name, Scarborough closed with an unmistakable impression of Keith Olbermann in pompous Special Comment peroration of the sort that can be seen here.

The Anti-Krugman: Rogers Says Let Banks Fail

Paul Krugman has been making the rounds of the network morning shows, urging the government to "go big" in spending to revive the economy.  His only concern is that Obama might not be planning to spend enough.  Heck, even FDR wasn't a big enough spender in his book.  View Krugman's weekend GMA appearance in which he says that here, the episode in which, as discussed here, Krugman of all people had to talk Kate Snow down from her fantasy of Obama "forcing" the Bush administration to adopt his policies.

None of the network shows had anyone on to debate Krugman.  But the Early Show did invite Jim Rogers in today to give very much the other side.  The legendary investor's take: let the banks fail.  The massive bailout underway will put our country in hock for decades.  Almost 20 years later, Japan has still been unable to get out of the hole it dug when it, like the US now, decided certain institutions were too big to fail.

Newsweek’s Thomas: ‘Slightly Creepy Cult of Personality’ Around Obama

Evan Thomas, Newsweek Editor-at-Large | NewsBusters.org[Update, 8:55 pm EST: Below link added for the video of the segment.]

Newsweek’s Evan Thomas and Jon Meacham shared a bizarre Obama love-fest session with Charlie Rose on the PBS host’s program on Wednesday. Meacham stated that he was "very struck watching the stagecraft" of Obama and pointed out how Obama gave his victory speech by himself: "...[H]ave you ever seen a victory speech where there was no one else on stage? No adoring wife, no cute kid -- he is the message." Thomas went one step further in this vein: "There is a slightly creepy cult of personality about all of this." Rose confronted him on his use of this phrase, and he explained that it made him "a little uneasy that he's so singular. He's clearly managing his own spectacle. He knows how to do it. He's a -- I think, a deeply manipulative guy..." Later, all three marveled about how it was "amazing" that Obama "watches us watching him."

Thomas and Meacham appeared during the second segment of Rose’s program on Wednesday night. The host first asked Thomas about how Obama seemed to be "always in charge of this campaign." After giving an anecdote about a meeting in which Obama discussed his vice presidential pick with his advisers, Thomas commented that Obama is very inclusive, yet very self-contained. It's an unusual leadership style."

Who Branded Barack 'Fool' and 'Sucker'?

Which prominent pundit has called Barack Obama a "sucker" and a "fool"?

A. Rush Limbaugh
B. Ann Coulter
C. Michelle Malkin
D. Mark Levin
E. Laura Ingraham

Jeopardy theme-music playing . . .

Paul Krugman: The Unconsciousness of a Liberal

Today brings a mixed bag for aficionados of the New York Times. The good news, assuming you enjoy reading the musings of Maureen Dowd, Thomas Friedman, David Brooks et al., is that the Times' house columnists have been freed from behind the paid-subscription firewall of "Times Select."

On the other hand, Paul Krugman has decided that his column isn't enough to contain his wisdom, and that he will henceforth be inflicting his blog on us. He entitles it "The Conscience of a Liberal," which as he notes is also the title of his recent book.

Give Krugman credit for giving us fair warning. He does let us know that "the politics and economics of inequality will, I expect, be central to many of the blog posts." And sure enough, central to today's blog is the chart pictured here, which depicts the percentage of the country's total income earned by the top 10%.