Posted on 03-12-2009
Filed Under (Current Affairs) by Rashtrakut
  • Obama donors are feeling left out as they lose some of the traditional access perks of fund raisers.  Fits with a populist theme of the campaign, but am not sure why giving freebies to donors that soothe their ego as opposed to rewriting legislation to suit their needs is all that bad.  A string of unhappy donors could bite the Obama campaign fund raising machine in the butt in 2012.
  • Yglesias highlights the continuing struggles and hypocrisy of main stream media in dealing with Internet based rivals. It is bad enough that Rupert Murdoch whines that Google and blogs like this one (well maybe not this one) who link to his sites are parasites, but now they complain when the sites do the actual journalistic legwork.  While complaining about the websites being ideologically slanted, the same main stream media rallied around Fox as a legitimate news operation.  This Jon Stewart video link in a  previous blog post is worth watching.
  • Daniel Gross thinks the markets overreacted to the Dubai debt crisis last week.  Maybe someone can recommend an expert from the Chicago school to explain to him how our efficient markets are composed of rational actors instead of a bunch of traumatized lemmings.
  • China tries to rescue the story of Mulan from the Disney interpretation.  Must be galling to see the “definitive” interpretation of a historic/legendary icon be a foreign version with the Disney formula of communicative animals and a klutzy dragon. Reminds me of the controversy in India about Peter Brook’s version of the Mahābhārat.

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