A reader asks why I didn’t live-blog the SOTU. Genuine answer: I’ve been furiously busy lately, and didn’t have time for that or other blogging activities.
Snarky answer: Why bother? After the Inaugural, which seemed to have some significant policy content (with which, as it happens, I mostly agree) we got follow-ups, first from a “senior official,” then from Poppy, and finally from Dubya himself, all saying “Just kidding! Never mind.”
In addition, I figured that if anything important happened that Kevin and Nick both happened to miss, one of my readers would tell me about it. Sure enough, my inbox contains the following little gem:
Did you notice that our esteemed President essentially committed securities fraud in representing that private investment accounts WILL perform better than anything the present system could do? Certainly, no one can honestly make that statement and any stockbroker making such a statement would be violating Rule 10b 5 of the Securities Act of 1934.
Which reminds me of my favorite snarky policy suggestion: How about applying the Sarbanes-Oxley certification process to budget submissions and other communications from the Executive to Congress or the public? Someone ought to be prepared to say about each submission, “Yes, I understand what’s in this document, and certify that it is accurate.”