Ah, Are You Digging On My Grave?
A brief recap of yesterday's events: New York's Democratic governor, Eliot Spitzer, is accused of patronizing a fancy hooker club in Washington D.C. This is hilarious because he seemed like such a stand-up guy, and because people get to make jokes about anyone with that mug having to pay for sex. He will probably resign. [ New York Times ]
Spitzer got busted because the IRS thought he was moving money around to conceal a classier crime, like bribery. The lesson, we believe, is to always pay in cash. [ New York Times ]
Drat those wiretaps, infringing on our libertines! A wiretap linked Spitzer to the pricey D.C. prostitution ring, known as the Emperors Club VIP. [ Washington Post ]
Wall Street fat cats have a hearty chuckle at the downfall of their ethics-reforming nemesis, and dance joyously on his political grave. [ Wall Street Journal ]
Certain UCLA economists believe that jobs must also go into the shitter, along with the housing and financial sectors, before the current misery qualifies as "recession." [ Los Angeles Times ]
Iran remains cagey about its nuclear activities, and U.N. officials keep wondering what's going on. [ Washington Post ]
John McCain doesn't know much about economics, and now Democrats get to mock him for it. [ Politico ]
The House Judiciary Committee yesterday sued Josh Bolten and Harriet Miers for refusing to testify about the U.S. attorney firing scandal. Republicans said, "Oh hey look over there it's a pimping Democratic governor!" and everyone forgot about boring old attorney firings. [ The Hill ]