Why Worry About the Deficit: NBC Nightly News Edition

By Hugh, who is a long-time commenter at Naked Capitalism. Originally published at Corrente.

Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.Hedge fund manager Bill Fleckenstein explains how decisions made in Washington, D.C., Wall Street and Beijing may have sparked the protests in Egypt.

Missouri Democratic Sen. Claire McCaskill weighed in on the brewing internal conflicts within the Republican Party Tuesday, slamming newly-minted Republican Senator Ted Cruz for pushing the GOP to the extreme right. 

Missouri Democratic Sen. Claire McCaskill weighed in on the brewing internal conflicts within the Republican Party Tuesday, slamming newly-minted Republican Senator Ted Cruz for pushing the GOP to the extreme right. 

You're probably tired of hearing me say that extending unemployment benefits -- and similar forms of temporary, targeted fiscal stimulus -- is neither here nor there so far as the deficit is concerned. But maybe you're not tired of hearing Diane Lim Rogers, an economist with the deficit-obsessed Concord Coalition, say it: