Another good good night for the underdogs, 2 out of 4 including Virginia Commonwealth over Florida State (take that Armando).  Don’t complain to me about how they busted your brackets, I root, I don’t pool.

Last Night’s Results

I’m not going to bother with Network anymore since all the remaining games are on CBS (I’m pretty sure, one is unlabeled).  I suppose it’s unnecessary to mention I’ll be rooting for UConn since they’re the only team from The Big East left in it.

Deeply stupid.

I’ll probably bump the ladies for the night games and I’m hopeful I’ll have a Formula One piece for midnight (Qualifying repeat, followed by the Australian Grand Prix at 1:30 am on Speed).

Current Matchups

Follow the 2011 NCAA Men’s Basketball Tournament on The Stars Hollow Gazette.

If you don’t like squeeky shoes you can look for alternate programming here-

• Zap2it TV Listings, Yahoo TV Listings

For a more traditional bracket try CBS Sports.

NCAA Women’s Basketball Tournament 2011

Tuesday (was it just Tuesday?) was a good night for underdogs.  For once it’s easier to list the favorites who advanced- Connecticut, Texas A&M, and Baylor.  That’s it.

I don’t know why they’ve scheduled Tip Off for Stanford/North Carolina at 11:30 pm, but I suspect that if I’m even awake I’ll be concentrating more on Formula One.

Tuesday’s Results

Current Matchups

Follow the 2011 NCAA Women’s Basketball Tournament on The Stars Hollow Gazette.

If you don’t like squeeky shoes you can look for alternate programming here-

• Zap2it TV Listings, Yahoo TV Listings

If you like a more traditional bracket try this NCAA one, they also have a TV schedule.

Regular Features-

• Late Night Karaoke by mishima
• Muse in the Morning by Robyn
• Six In The Morning by mishima
• Gha! by RiaD

Featured Essays for March 25, 2011-

• The Right to Know: Show Us The Money by TheMomCat
• UN Security Council Resolution 1973 by Main Street Insider
• Humanitarian Intervention My Ass by Edger
• Special Comment: Libya, Obama and the Five-Second Rule by Edger
• One down, four to go? by Lady Libertine
• Who’s in that mirror? by Compound F
• Spring TransNews by Robyn
• Original v. Cover — #71 in a Series by curmudgeon
• Random Japan by mishima

DocuDharma

A good night for the underdogs, 3 out of 4.  Don’t complain to me about how they busted your brackets, I root, I don’t pool.

I plan on keeping the Men’s and Women’s tournaments separate and if I’m up to it there is Formula One Qualifying in Australia at 2 am (repeated midnight on Sunday with the race itself to follow at 2 am).

Who says we’re a political blog?

Last Night’s Results

Armando is convinced that there is no way Virginia Commonwealth can stand up against Florida State, but it’s just a 10 seed against an 11 and I don’t see any reason they shouldn’t stay lucky.

Did I mention I’m rooting for Richmond?

Current Matchups

Follow the 2011 NCAA Men’s Basketball Tournament on The Stars Hollow Gazette.

If you don’t like squeeky shoes you can look for alternate programming here-

• Zap2it TV Listings, Yahoo TV Listings

For a more traditional bracket try CBS Sports.

Evening Edition is an Open Thread

1 Deaths reported as demos held in Syrian cities

by Natacha Yazbeck, AFP

2 hrs 8 mins ago

Regular Features-

• Late Night Karaoke by mishima
• Muse in the Morning by Robyn
• Six In The Morning by mishima
• Gha! by RiaD

Featured Essays for March 24, 2011-

• A Tweet From Wasilla by ek hornbeck
• Breaking: Portuguese Government Resigns After Austerity Vote Fails! by ek hornbeck
• Cops Of The World by davidseth
• Black Smoke at Fukushima by Jacob Freeze
• The Triangle Shirtwaist Factory Fire: The Aftermath by TheMomCat
• It Does Take a Village After All by cabaretic
• In Memoriam: Elizabeth Taylor by TheMomCat
• My Little Town 20110324: Arthur Holloway by Translator

DocuDharma

When last we listened to men in squeeky shoes it was a night of upsets with half the contests going against the seeded teams.  The severe underdog triumphs were Virginia Commonwealth, Marquette, and Florida State but Arizona also won against form.

Sunday’s Results

Ah, it seems like yesterday but it was actually the day before that and it was women.  As I said before it’s time to root for those you hate less, not many underdogs today except for Butler and Arizona.

As the top Google Blogger reports, the lyrics are “deeply stupid” and it’s hard to admit that as a member of the Marching Band I was required to memorize them and sing them a cappella at each home game.

Of course I was heavily medicated at the time.

Current Matchups

Follow the 2011 NCAA Men’s Basketball Tournament on The Stars Hollow Gazette.

If you don’t like squeeky shoes you can look for alternate programming here-

• Zap2it TV Listings, Yahoo TV Listings

For a more traditional bracket try CBS Sports.

Good for them.  Go Vikings!  (We’re everywhere).

Portugal Yield Soars to 12-Year High as Socrates Quits; Irish Bonds Tumble

By Lukanyo Mnyanda and Keith Jenkins, Bloomberg News

Mar 24, 2011 5:26 AM ET

Socrates’s resignation is “another nail in the coffin in terms of a bailout package,” said David Schnautz, a fixed- income strategist at Commerzbank AG in London. “In terms of Ireland, Greece and Portugal, this may be another underlying burdening factor. It doesn’t seem to be the case that you can say that the possibility of default is off the table.”

Portugal’s government collapses

The Economist online

Mar 23rd 2011, 21:53

The death of Sócrates

IN IRELAND a bail-out by the euro zone’s rescue fund helped to force the government into calling (and losing) an early election. In Portugal an early election may force the government into accepting a bail-out. The question is: which government?

Tonight’s defeat of the minority Socialist government, led by José Sócrates (pictured), in a parliamentary vote on austerity measures-the fourth such package in 12 months-triggered his prompt resignation as prime minister. But it also created a political vacuum in which nobody may have enough authority to negotiate a bail-out

…

Portugal’s political turmoil and its urgent need for a rescue will create new problems at the EU summit, which is due to sign off on an effective expansion of the bail-out fund and a German-led “pact for the euro”. If EU leaders agree to bail out Portugal, they may find they have already used quite a big chunk of their fund. Judging by experience, the markets will then move on to attack the Spanish. The bail-out fund can easily finance Portugal. But it is not clear that it could deal with Spain.

Austerity Debate Fells Portugal’s Premier

By RAPHAEL MINDER and LANDON THOMAS Jr., The New York Times

Published: March 23, 2011

Ahead of the vote, Mr. Sócrates had warned that parliamentary rejection of his latest austerity measures would prompt him to quit. The main Social Democratic opposition party, however, had warned it would oppose an austerity package that would inflict further pain on Portuguese citizens, notably by raising taxes for pensioners.

Instead, the Social Democrats demanded a snap general election, possibly opening the door for the formation of a coalition government between Portugal’s main parties.

In the end, lawmakers from all five opposition parties rejected further austerity measures, leaving 97 Socialist lawmakers to vote in favor the plan, out of 230 members of Parliament.

And how is that Austerity thing working out for you?

In New Budget, Britain Sticks to a Path of Austerity, Despite Slowing Growth

By LANDON THOMAS Jr., The New York Times

Published: March 23, 2011

The government’s newly independent economic forecast body also lowered its estimate for growth in gross domestic product for 2011 to 1.7 percent from the 2.1 percent seen in November. For 2012, the forecast was trimmed to 2.5 percent, from 2.6 percent.

Mr. Osborne’s austerity budget comes at a time of growing political pressure for similarly minded governments in Europe. Irish voters recently voted out the long-ruling Fianna Fail party, which had agreed to terms on a tough bailout package with the International Monetary Fund and the European Union. In Greece, Prime Minister George Papandreou’s Socialist Party is rapidly losing popularity, and in Portugal, the government is teetering on a knife’s edge as opposition to its own austerity program builds

Why?  Because Economics has ceased to be even a “Social” Science and instead become a cult of greed and naked Mammon worship.

Nobodies of Macroeconomics (Very Wonkish)

Paul Krugman, The New York Times

March 21, 2011, 2:21 pm

And so I was somewhat stunned when, as the fiscal debate unfolded, we had all these Chicago types sneeringly asserting that “nobody”, except possibly people at “third-tier” departments, has believed for decades that fiscal expansion can actually expand demand; Obstfeld and Rogoff are pretty prominent nobodies. I was equally stunned by assertions that Ricardian equivalence would wipe out any expansionary effect from fiscal policy, and that government spending necessarily crowds out an equal amount of private spending, when influential modern papers have shown quite clearly, and as rigorously as anyone could want, that it just ain’t so.

But in retrospect, it’s quite clear: Lucas and Sargent declared final victory over all things Keynesian in the 1970s, and the closed minds of their followers were such that they didn’t even notice the revival of Keynesianism that took place over the three decades that followed.

And Brad is right: if you’ve reached the point where you don’t pay attention to anything that might disturb your orthodoxy, you’re not doing science, you’re not even pursuing a discipline. All you’re doing is perpetuating a smug, closed-minded sect.

Asymmetrical Ignorance (Wonkish and Self-Indulgent)

Paul Krugman, The New York Times

March 21, 2011, 5:32 pm

I know that RBC exists; I know how it works; I just think it’s wrong. That’s very different from the reaction of the freshwater types to Keynesian arguments, which makes it clear that they just don’t know that modern Keynesianism exists, and have no idea what underlies the arguments people on the other side are making. This is, by the way, not a new asymmetry: it’s been clear for decades that a grad student from Princeton or MIT, asked how an equilibrium business cycle type would answer a question, can do that; but a student from Minnesota or (less reliably) Chicago hasn’t the least idea how alternative models work.

…

More broadly, I do pay attention to contrary arguments and points of view. I don’t make economists who I consider consistently wrong-headed part of my daily reading, since life is short, but I check in whenever I have reason to think that they’re making a case I need to take seriously. Regular readers may remember, for example, how I responded to fiscal policy critiques by Alesina and others – not by sneering at their academic qualifications, not by pulling rank, but by explaining why I didn’t trust their evidence; a lack of trust borne out a bit later by researchers at the IMF.

The point is that it’s OK to consider other economists, even a whole school of thought, wrong; what’s not OK is to be so closed-minded that you aren’t even aware that there are not obviously stupid people who disagree with you.

“Crito, we owe a rooster to Asclepius. Please, don’t forget to pay the debt.”

(h/t Chris in Paris @ AmericaBlog)

You can take all the gold in the world and put it in two Olympic swimming pools.

There is not an economy on the planet that ties its economy to gold. Not one. You haven’t been able to turn a note in to gold in decades. It is a medieval view of the modern world. Steve, do you use a calculator or an abacus?

Olympic swimming pools are 8 lanes wide and 50 yards long.

(h/t John Amato @ Crooks and Liars)

Why Governor LePage Can’t Erase History, and Why We Need a Fighter in the White House

Robert Reich

Wednesday, March 23, 2011

Maine Governor Paul LePage has ordered state workers to remove from the state labor department a 36-foot mural depicting the state’s labor history. Among other things the mural illustrates the 1937 shoe mill strike in Auburn and Lewiston. It also features the iconic “Rosie the Riveter,” who in real life worked at the Bath Iron Works. One panel shows my predecessor at the U.S. Department of Labor, Frances Perkins, who was buried in Newcastle, Maine.

…

Frances Perkins was the first woman cabinet member in American history. She was also one of the most accomplished cabinet members in history.

She and her boss, Franklin D. Roosevelt, came to office at a time when average working people needed help – and Perkins and Roosevelt were determined to give it to them. Together, they created Social Security, unemployment insurance, the right of workers to unionize, the minimum wage, and the forty-hour workweek.

…

The Governor’s spokesman explains that the mural and the conference-room names were “not in keeping with the department’s pro-business goals.”

…

Big business and Wall Street thought Perkins and Roosevelt were not in keeping with pro-business goals. So they and their Republican puppets in Congress and in the states retaliated with a political assault on the New Deal.

Roosevelt did not flinch. In a speech in October 1936 he condemned “business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering.”

Franklin Delano Roosevelt October 31, 1936–

On the eve of a national election, it is well for us to stop for a moment and analyze calmly and without prejudice the effect on our Nation of a victory by either of the major political parties.

The problem of the electorate is far deeper, far more vital than the continuance in the Presidency of any individual. For the greater issue goes beyond units of humanity–it goes to humanity itself.

In 1932 the issue was the restoration of American democracy; and the American people were in a mood to win. They did win. In 1936 the issue is the preservation of their victory. Again they are in a mood to win. Again they will win.

More than four years ago in accepting the Democratic nomination in Chicago, I said: “Give me your help not to win votes alone, but to win in this crusade to restore America to its own people.”

The banners of that crusade still fly in the van of a Nation that is on the march.

…

We have not come this far without a struggle and I assure you we cannot go further without a struggle.

For twelve years this Nation was afflicted with hear-nothing, see-nothing, do-nothing Government. The Nation looked to Government but the Government looked away. Nine mocking years with the golden calf and three long years of the scourge! Nine crazy years at the ticker and three long years in the breadlines! Nine mad years of mirage and three long years of despair! Powerful influences strive today to restore that kind of government with its doctrine that that Government is best which is most indifferent.

…

They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob.

Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me–and I welcome their hatred.

I should like to have it said of my first Administration that in it the forces of selfishness and of lust for power met their match. I should like to have it said of my second Administration that in it these forces met their master.

Unfortunately we can’t say that today.  In 2006, 2008, and 2010 the American people voted against a corrupt Washington establishment and continual War.

And in 2012 we’ll vote the same way again.

How many politicians do we have to fire before they get this simple message?