Media Blackout.

The networks stay mum on media consolidation as the Powell FCC prepares to lift cross-ownership caps in local and regional markets. Not surprisingly, it looks like the FCC vote will be party-line, with the three Republicans voting as a bloc to facilitate Rupert Murdoch’s ambitions and enlist free-market ideology in order to kill free-thinking media outlets. We’ll always have the web, I guess.

The Trail at Yale.

Investigators try to ascertain exactly what happened at Yale Law School yesterday. At first I figured it might have been some disgruntled Kaczynski type. But now that it turns out the alleged bomb exploded in a classroom rather than the mailroom, my guess is some bored Elis were testing out their copy of The Anarchist’s Cookbook. Either way, two random classrooms in New Haven seem an unlikely target for Al-Qaeda.

Cash Advance.

As it turns out, Dubya’s profligate ways have forced Congress to increase the federal debt limit (so as to avoid a government default) in the very week they mull over his (now Voinovich-friendly) tax giveaway for the rich. Coincidence? I think not.

We only lock up the bad people.

The Justice Department gives its most detailed accounting yet of how its used its post-9/11 powers in the war on terror, although the vagueness of the report does little to satisfy congressional critics and civil liberties advocates. On a loosely related note, it must be some weird cosmic irony that the spokesperson for the Ashcroft Justice Dept. is named Comstock.

Capital Gains, National Losses.

The House and Senate GOP agree on a compromise bill that cuts the tax rates on dividends to 15%. (Don’t worry, Mr. Burns – the wealthy also get their fix in the form of a capital gains rate cut to 15%.) But, problems for the dividend debacle remain…particularly in that the $383 billion package goes over the $350 billion cap established by GOP moderate George Voinovich. Can the Dems mount a last stand?