Some links

In praise of populism. Larry Sabato, Crystal Ball. He makes a good point: populism in moderation is a good thing. (See also: Obama should try populism. David Paul Kuhn, RCP.)

Tom Hoenig for Treasury. Simon Johnson, Baseline Scenario. But as I said the other day, Geithner's position is unassailable.

Freeze tax expenditures. Len Burman, Washington Post. Good idea. But would it be any easier than a VAT?

Alito was right. Kenneth Gross, Foreign Policy. Obama was wrong to say that, thanks to Citizens United,  foreign corporations can spend without limit in US elections.