December 7, 2007

Couldn’t Help But Notice (120707)

I’m estimating that Federal receipts during November, a traditionally very slow month for collections, will be up about 4% over last November, based on a reading of the month’s final Daily Treasury Statement:

UStreasReceiptsEstd1107

Pending next week’s release of the Monthly Treasury Statement, receipts during the first two months of Uncle Sam’s fiscal year are up just a bit more than 5%.

As Rudy Giuliani suggested earlier this week (first item at link), it’s time for another tax cut.

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I think it can safely be said thatRedacted” is a bomb for the ages:

Redacted120707

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Matt Lauer’s treatment of Maureen Faulkner, the widow of slain Philadelphia police officer Daniel Faulkner, and of Michael Smerconish, who helped Mrs. Faulkner write “Murdered by Mumia,” was beyond disgraceful. The full transcript is here, if you dare.

Several years ago, I spent several hours studying the 1981 murder myself, and concluded, first, that there’s no doubt that Mumia did it, and second, that those who have made a cause out of Mumia are about as unhinged as anyone around.

Mrs. Faulkner was on Hannity’s show yesterday, and revealed that actor Mike Farrell, one of Mumia’s more outspoken supporters, had admitted to her that he has never read the original murder trial transcripts. Why am I not surprised?

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Wow. What a mess. Fortunately, handled mostly with class.

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“The Recession is coming, The Recession is coming” update:

Super Bowl XLII is nearly two months off, but only two of 63 30-second slots remain available, Fox has confirmed. In recent years, the number of available slots at this point has been two or three times that. And this year, Fox is charging a record $2.7 million for each 30-second slot.

That 2008 rate is up 3.8% from last February’s $2.6 million. Perhaps advertisers should be thankful for all the babble about recession, because it looks like Fox, as appears to be the case with Christmas-season retailers, may have bought into it, and could have charged more.

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