Spy vs Spy

Rand Paul's objecting to the unchecked extension of the Patriot Act requires little reporting. This Wall Street Journal blog post about it should interest readers only because of the way the author describes the debated provisions:

The provisions at issue enable law enforcement officials to conduct surveillance on terrorist suspects, including those who switch communication devices such as using disposable cellular phones and those who are so-called lone wolves—individuals who aren’t linked to known terrorist organizations abroad. A third provision enables law enforcement officials access to suspects’ business transactions, including car rentals, hotel bills and other credit card transactions.

By labeling surveilled people suspects--terrorist suspects, in particular--the writer intends for the reader to support passage and object to Paul's "tactic" of "insisting" on full debate. The reader concludes, "Well, this doesn't affect me!"

This woefully poor summary of the provisions is admirable.

It's all in your head

The Newsweek author responsible for the article "Stuck in a Post-Crisis Gloom" first attempts to summarize what "abetted" the Great Recession without mentioning banks, sub-prime lending, deregulation, over-leveraging, or credit default swaps. Instead he blames consumer overspending. As for the recovery, he says,

The greatest barrier to recovery now could be psychology—stubborn gloom—which conditions household and business spending decisions. There is a curious role reversal. Foolish optimism led to the financial crisis and recession by assuming things would work out for the best. Now, reflexive pessimism weakens growth by ignoring good news or believing it can’t last.

A startling hypothesis: The public caused the recession and now the public prevents recovery.