Relevant and even prescient commentary on news, politics and the economy.

President Chauncey Gardiner: ‘Being There’ at the Bait-and-Switch [Updated]

But one of Trump’s campaign advisers suggested Wednesday that Trump might indeed change Social Security and Medicare — but only after he has been in office for a while. “After the administration has been in place, then we will start to take a look at all of the programs, including entitlement programs like Social Security […]

Paul Ryan and Scott Walker Come Out for Repeal of Federal Child-Labor Laws, Because the Kids Insist. Coming soon: Talking polar bears pleading for more oil drilling.

Oh, my — not only was Paul Ryan’s hunger=dignity speech appalling on the merits, the anecdote he used to make his point was fake — a distortion of a real story with a completely different point. I’m actually not happy with this discovery; the crucial point here should be that even if the story of the kid who wants […]

Justice Scalia Says Rightwing Economic Ideology is Mandated By the Constitution. Really.

Scalia regularly bars video or voice recordings of his off-the-bench speeches, and in at least one fairly recent instance, the details of which I can’t recall, he employed a member of the U.S. Marshals Service to enforce his policy.  If I recall correctly, a member of his security detail confiscated a reporter’s or law student’s […]

John Boehner Needs a Dictionary

All of these bipartisan discussions are encouraging, and Republicans hope they will lead to real solutions that help American families. But presidential leadership is really what’s needed. By shifting the focus from charm to courage, and eventually action, we can guarantee our children a future where everyone has the opportunity to find work and pursue […]

Oh. Guess the Paul Ryan Bubble Finally Has Burst. So Sorry For Your Loss, Paul.

In subtle ways, Ryan’s budget acknowledges the results of November’s election. He isn’t seeking to do away with tax increases that have already been approved, and he accepts that tax revenue will be 19.1 percent of the economy in a decade, up from the 18.7 percent he assumed last year. But otherwise, he continues to peddle the […]

Paul Ryan Is the Joe McCarthy of Our Era. Maybe the Mainstream Media Finally Will Recognize That. Then Again, Maybe It Won’t.

Paul Ryan is, in effect, the Joe McCarthy of our era.  He consistently spews outlandishly false statements of fact, never offers actual evidence in support of them and never refutes factual challenges using actual and full facts, and tries as a matter of routine to obfuscate his specific and broader objectives and therefore to trick […]

Killing Mitt Softly: His Not Being In a Position To show Leadership By Persuading Rightwing Republicans to Agree to Their Own Policy Proposals

Both Romneys said he would be more effective at navigating the current political moment. “I’ll look at what’s happening right now, I wish I were there,” Mitt Romney said. “It kills me not to be there, not to be in the White House doing what needs to be done. The president is the leader of […]

Yup, John Boehner and Paul Ryan Are Right: The economy contracted in the fourth quarter because #spendingstheproblem and Keynesian Economics Doesn’t Work.

Construction has been one of the more encouraging sectors, adding jobs each of the last four months. The hiring there was probably because of a combination of rebuilding from Hurricane Sandy, unseasonably warm weather that led to fewer work stoppages, and the nascent housing recovery, said Ian Shepherdson, chief economist at Pantheon Macroeconomic Advisors. Retailing, […]

Brian Williams Thinks Raising the Debt Ceiling Means Increasing BUDGET APPROPRIATIONS. O Peter Jennings, Walter Cronkite, and Edward R. Murrow, Where Art Thou? — [UPDATED]

I watched NBC Nightly News with Brian Williams last night.  Big Mistake. Big mistake. Because now I’m really confused.  I was pretty darn sure until then that “raising the debt ceiling” meant allowing the Treasury Department to pay financial obligations already incurred, such as interest on bonds, Medicare payments, and contract obligations, and to allow […]

Paul Ryan Says Taxes Should Be Raised to Pre-Bush-Tax-Cut Levels. But the Republicans Will Opt Instead For the “Sequester.” Unless, Of Course, the Koch Brothers Intervene.

There were three big political stories that came out of David Gregory’s fabulously interesting interview of Paul Ryan aired last Sunday on Meet the Press.  One was that Ryan said: Well, we can debate the efficacy of Keynesian economics or not. And I don’t obviously believe– I think the debt is pretty clear it doesn’t […]