Brad DeLong has one his best posts EVER this past Friday.  Don't miss it.

While in San Francisco this week, I made a quick side trip to Berkeley to have breakfast with economic blogger extraordinaire Brad DeLong. It was Brad's blog that first got me interested in blogging and it was his encouragement that pushed me over the edge to get started.

In addition to having a chance to catch up with Brad and John Ellwood from the Goldman School of Public Policy, I had a chance to have coffee at Peets.  For those of you who don't know, Peets was Starbucks long before Starbucks became Starbucks but, as anyone who has attended UC Berkeley will gladly tell you, much better.  It was heavenly.

I was doing my very East Coast thing of checking my Blackberry every 30 seconds before Brad arrived and, thanks to the time difference, was having an intense e-mail exchange with a client and her counsel.  We quickly concluded that a document had to be redrafted.

Brad Delong, who obviously never sleeps and, therefore, makes it hard for the rest of us who do to keep up, has an interesting post from Dean Baker (follow the bouncing ball here) about how those who expouse free market capitalism whenever and however they can are getting on board the notion of a federal bailout for Wall Street and homeowners.

As I've said before, as soon as the Bear Sterns deal became acceptable, it was only a matter of time -- in this case, really only a matter of days -- before a homeowner bailout was discussed seriously. Yesterday, two days after the end of the Easter recess, Congress confirmed that when Senate Democratic Leader Harry Reid and Republican Leader Mitch McConnell agreed that a plan had to move forward. The resulting bi-partisan vote to consider specific plans was overwhelming.

At least for now, Brad DeLong agrees with Alex Tabarrok that a fiscal stimulus package is not the right way to go.

Then again, neither Brad nor Alex are running for reelection.

I knew, but I didn't really know.