Krugman to Fox: Deliberate Misrepresentation

Brav0 to economist Paul Krugman, who told Fox CEO Roger Ailes to his face that Fox News deliberately distorted reports on the healthcare plan. Krugman speaks the truth, this time anyway, Fox rarely. 

Murray's Brilliant Shotmaking Against Cilic at Australian Open

Here's a succession of great shots that show Andy Murray might be the best defensive player in tennis, at least on hard courts. Click "four-arrow" icon to view in a larger window. From ESPN:

Apple's iPad, a broken link? --Adobe

From Adrian Ludwig, an Adobe PM: "a picture posted on Engadget shows (below), and many others have reported, there's something important missing from Apple's approach to connecting consumers to content.

Alito's reaction to Obama was fair - CNN.com

New York (CNN) -- It was the most vivid, and unexpected, confrontation of Wednesday's State of the Union address.

Australian Open: Handicapping Men's Semi's

Some tremendous quarterfinal and round-of-sixteen matches have left us with this year's favorite going in, Roger Federer, on course to meet last year's bookmaker favorite, Andy Murray, but first they have to overcome two big hurdles. Let's look at the semi-final pairings:

Reich: Obama's Tiny Ideas for Main Street, Big Spending Freeze for Wall Street

"Americans could be forgiven for wondering how the President plans to enact any of these ideas anyway, when he can no longer muster 60 votes in the Senate.

The bigger news is Obama is planning a three-year budget freeze on a big chunk of discretionary spending. Wall Street is delighted. But it means Main Street is in worse trouble than ever.

Venus Williams' Serve

Rummaging my hard disk, I came across these old pictures I took of Venus Williams serving at the Bank of the West tennis tournament at Taube, Stanford University. 

You can see why Venus has one of the best serves in the history of women's professional tennis. 

Obama Liquidates Himself - Krugman NYTimes.com

"A spending freeze? That’s the brilliant response of the Obama team to their first serious political setback?

It’s appalling on every level.

Exciting Australian Open Quarters Line-Up

Exciting quarter-final line-up for the men's side of the Australian Open. 

A Rift at the Fed Over the Bailout of A.I.G. - DealBook Blog

New documents submitted to Congressional investigators examining the 2008 rescue of the American International Group show that officials at the Federal Reserve were deeply divided over the structure of the bailout and its long-term implications, The New York Times’s Louise Story and Gretchen Morgenson write.

At the same time, regulators had to contend with major banks that were A.I.G.’s trading partners and were unwilling to accept a discount from the government when closing out the contracts the banks had struck with the insurance giant.

Ultimately, the government decided to make the banks whole on the contracts, a decision that the documents say was approved by Timothy F. Geithner, the Treasury secretary who, at the time, was president of the Federal Reserve Bank of New York.

The Fed’s decision to pay A.I.G.’s trading partners in full on tens of billions of dollars in contracts has been controversial because many analysts say they believe the government could have negotiated a price for a fraction of that amount, reducing taxpayer funds used in the rescue. Similar contracts were being settled at heavy discounts in other deals where the government was not involved.