As prime minister, Benazir Bhutto did little Jemima Kahn, Telegraph
Pakistan’s Instability Is Part Of Western Imperialism Culture of Life News
The burden of spending EconWeekly
The Bush Administration’s Dumbest Legal Arguments of the Year Dahlia Lithwick, Slate (hat tip Brad DeLong)
Download Uproar: Record Industry Goes After Personal Use Washington Post. The recording industry is now claiming that it is illegal to transfer music you purchased legally from a CD to a computer (hat tip Mies Economics Blog)
You’re wrong Assured Guaranty. You have that power too Accrued Interest. An extensive analysis of what Berkshire Hathaway’s planned entry into muni bond insurance means for the incumbents.
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Buffet could also start a finance company to do commercial lending or leasing, and take on some of the big banks. Why stop with insuring bonds?