The New York Times writes that the Sunday morning public affairs shows “are careless about bias.” Their “experts are supposed to be impartial, but it is left to viewers to parse their complicated pedigrees and entwined political obligations. It’s not that they have nothing to say, it’s that what they say is not accompanied by an asterisk.”
60 percent: Americans who “think the economy’s already in a recession” while “two-thirds doubt that a government stimulus package will soften the blow,” according to a new ABC News/Washington Post poll. In total, 81 percent believe the economy is “in bad shape, the most since 1993.”
The White House will release its FY 2009 budget today. CQ reports that the document is “expected to project a deficit in the $400 billion range for fiscal 2008 and 2009. That would be more than double the $163 billion in red ink from fiscal 2007.”
“The cost of the Iraq and Afghanistan wars combined could rise to just under $900 billion by next spring and could near the $1 trillion mark by the end of 2009.” Congress has authorized $691 billion in war spending since 2001.
Speaking to a crowd in Florida over the weekend, Karl Rove admitted that he was a “bit of a hothead” while working for President Bush. Rove also compared Bush to Lincoln in his ability to “get to the nub of the thing.”
Three of Wall Street’s biggest investment banks — Citigroup, JP Morgan, and Morgan Stanley — will announce today that they are “imposing new environmental standards that will make it harder for companies to get financing to build coal-fired power plants in the U.S.”
Housing Secretary Alphonso Jackson is alleged to have retaliated against the Philadelphia Housing Authority after it refused to “transfer a $2 million public property to a developer” who is a business friend of Jackson’s “at a substantial discount.” The authority’s director says he received “dozens” of “menacing” threats from Jackson’s aides over an 11-month period.
American forces “accidentally killed nine Iraqi civilians and wounded three” in a strike aimed at Al Qaeda in Mesopotamia. The attack “appeared to be one of the deadliest cases of mistaken identity in recent weeks.” Some victims had “contracted with the American military to fight Al Qaeda.”
And finally: Yesterday, the “Patriots’ streak was broken, but Anheuser-Busch’s was not.” It “aired the best-liked Super Bowl ad for a record 10th-consecutive year,” with a commercial featuring a Dalmatian training a Clydesdale to make the beer wagon team. (Watch the ad here.)
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