March 24th's Daliy Snipe Winner is...

One of our usual faves...Mr. Black (Eschaton).

He's always been one of our favorite of the original bloggers, but lately he's devolved into very limited content...and what is there is pretty much completely unhelpful sniping. The primary qualification for the Daily Snipe award.

This is not to suggest that Duncan doesn't add valuable insight 99% of the time...but lately, specifically today, it was just being bitchy to be bitchy.

There are several examples today:

Trojan

Sadly, I agree with Yves that the pleasing sounding noises about getting more authority to deal with too big to fail institutions is at best just a bit of noise to try to soothe critics and at worst just a desire for more authority to bail out the banksters.

Yes, of course. They're not trying to fix things at all...it's just a big trick/game.

OR

Deep Thought

One would've thought that buying 80% of AIG suggests that the federal government had, in some sense, the ability to take over AIG.

Um, the government has preferred, non-voting rights, shares. The government didn't want to get in the business of running an insurance company. Why is this hard to understand. Yes, the original AIG bailout by Bush/Paulson didn't put enough control in...but that's what Obama/Geithner/Summers asked about today.

But the best, most illustrative snipe, the one that got the award, is:

Optimism

Krugman expresses a tiny bit of optimism that they're just pretending to be fools.


I know it's accepted conventional wisdom that Larry Summers is a very smart guy, but that doesn't make it true.

I dunno, but I imagine the same thing applies to Krugman...unless he is, in fact, the second coming. I know, I know...the Krugmaniacs will hate me for daring to question my one-time nerd crush, but I'm actually just questioning their and Duncan's obession with him lately, as if he's ever solved a huge financial crisis. Oh wait, that probably won't make their reaction better.

So, a very good Snipe for early in the week. Can he hold on for the best of the week???

Or, will he go back to adding to the discourse? We can only hope.