Morning Matters

• We still have our senses of humor, Ms. Carter. It’s just that you aren’t very funny.
• Zogby poll says 72 percent of Americans want Obama to end the medical marijuana raids. Even before the poll, I didn’t buy the idea that this would be a politically risky move. It would be denounced by people who didn’t and would never vote for Obama, anyway.
• More (anecdotal) evidence of the D.C. wealth boom.
• College loans: A bigger swindle than mortgage derivatives? The biggest problem with the loan boom (thanks to federal meddling, naturally) is that it has created a seller’s market for higher ed. Which means colleges can basically charge just a little over the ceiling for federally-subsidized loans. You now have an education market where just about anyone wanting a decent education and can’t get a scholarship has no choice but to take on a lot of debt.
• Flashbang grenade set off during SWAT raid sets house on fire.

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