WE’RE SAVED (OR DOOMED)! The Senate just passed the Magical Economic Recovery Bailout Stimulus Act of 2009, 61-37, hooray for the economies! Uhh …. [AP/CSPAN]

The New York Times‘ Nobel laureate beardclown Paul Krugman has quite a Keynes Boner in this morning’s column. He wants the Obama administration to flood as much money as possible into the government and not to be dandies about Debt. You know that famous socialist president FDR? Well he was a pussy: “One of these prejudices is the fear of red ink. In normal times, it’s good to worry about the budget deficit — and fiscal responsibility is a virtue we’ll need to relearn as soon as this crisis is past. When depression economics prevails, however, this virtue becomes a vice. F.D.R.’s premature attempt to balance the budget in 1937 almost destroyed the New Deal.” Sure! If the Chinese will pay for Obama’s non-lame New Deal, then hey, why not, rock ‘n’ roll, where’s my refundable tax credit already? [NYT]

Are you feeling extra hippieish today, hippies? Maybe a little more communal, communists? That’s because it’s May Day, the main drunken pagan sex holiday of the first week of May. In fact, today used to be America’s Labor Day, until right-wing bloggers of the Soviet era found out it was actually a commie holiday built around the commie traditions of a) abortion and b) colorful paper streamers. And then the evil “May Day” was patriotically converted into “Loyalty Day” … but did anybody tell the Mexicans? MORE »

On this day in 1933, another smooth-talking Ivy League hopemonger won the White House during a terrible depression. He was also a minority in a way, in that he had no legs. Meet Franklin D. Roosevelt! You may have heard of him! MORE »

The war in Iraq is still winnable, says the Bush Administration. The movers and shakers are all in Crawford, Texas winning it right this second, in fact. But we need new, bold ideas from our new, bold Defense Secretary, Robert Gates. Let’s hear one of those ideas: MORE »