Obama's the culprit. He has got them busy doing something useful having issued orders to man battle stations. He has an admirable talent and ability to set a direction that keeps what are our 'public servants' busy. I am sure many will come out of this waving white flags to 'spend more time with the family', to be replaced by those of higher quality and capability.

These are very interesting times.

I certainly hope you aren't suggesting that NPR has a conservative bias, if anything it's the opposite. Planet Money lately has had interviews with both Timothy Geithner and Paul Krugman. Is that not balanced enough for you.

I have read several posts from your blog. Is there a news outlet that you like? If so, please post about someone who is doing a good job. I already know that there is a media vacuum in this country. I totally support a blog that addresses this, but it would be nice to have you write something positive about this.

Judy Woodruff last night on PBS News Hour was horrible. She relentlessly attacked Peter Orszag for about ten minutes. I never understood this theme that public media is liberal. They always put more conservatives on than liberals. And the BBC is even worse, very right wing stuff.

I do understand that NPR has a captive audience, people stuck in traffic before, and after work. They need to be attacked to the bitter end.

And we know, that they have plenty of wipies to soothe the ouchies that Dean may give them.

National Puppet Radio hardly anything unusual or different from mainstream media although I DO find the BBC more entertaining and informative than the rest.

Not this morning, they couldn't. After they wheeled out Dan Schorr to do his "what's the world coming to" routine, they turned to Michelle Laxalt to give the straight budget dope.

Dean,

From today's NYT article:

Economists also criticized as unrealistically hopeful the assumptions by the Federal Reserve as it began so-called stress tests to gauge the health of the nation’s largest banks. In testimony, Ben S. Bernanke, the Fed chairman, said that the nation’s unemployment rate would most likely reach 8.8 percent next year.

“That forecast just doesn’t seem realistic,” said Dean Baker, co-director of the Center for Economic and Policy Research in Washington, “and I don’t think it helps the Fed’s credibility to make these sorts of forecasts right now.”

As federal regulators estimate potential losses at banks, the harshest assumptions they are testing entails the unemployment rate topping out at 10.3 percent — the highest level since 1983, but hardly the worst case.

By Mr. Baker’s reckoning, the unemployment rate may exceed 12 percent — the highest level since tracking began in 1948. http://www.nytimes.com/2009/02/28/business/economy/28recession.html?scp=1&sq=dean%20baker&st=cse

Hmm, seems like by your own standards (with which I'd agree), you should criticize the NYT for not using a descriptor (adjective) conveying the political orientation and agenda of CEPR ("progressive" or "liberal" or "left-leaning"), right? Isn't it bad reporting to fail to inform readers of the orientation/agenda of an analyst (economist in this case) making a forecast or criticizing someone else's forecast when the forecasts in question have major policy implications related to the orientation/agenda of that analyst?

Hmmm?

You would have to look at the actual local R.E. markets rather than aggregated numbers to qualify this dire stat.

I happen to be shopping in one particular upstate NY county and have had many episodes of brokers telling me everything is still OK but Trulia and City_Data telling me a less cheerful story. The Asking prices have gone up but the selling prices as a % of asking have dropped. The median price number has mostly gone down because the folks in less pricey housing are being hit harder by layoffs. The sales volume, always dipping in Q1 in the north east, has been so low that confidence in the averages is not well founded.

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