Noted for Your Morning Procrastination for October 4, 2013
Kenneth Rogoff's Hooverismo…

The New York Times's Adam Liptak Is a Hack Being Hackish: Yet More Opinions-of-State-of-Earth-Differ Journamalism

Why oh why can't we have a better press corps?

Adam Liptak finds and quotes a Republican hack from Stanford being hackish, without even the "balance" of a single non-hack quote beside it:

However one interprets the Constitution, there remains the practical question of whether the nation’s creditors would continue to lend to the United States if the president did take unilateral action. “I don’t think anyone in their right minds would buy those bonds,” Michael W. McConnell, a law professor at Stanford, said of debt issued without Congressional authorization.

But people will always buy bonds--the question is always at what price. 25 basis points above Treasuries? 100 basis points?

McConnell is simply in the business of burning a piece of his academic reputation in order to play for Team Republican right now. And Liptak is playing along...