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

Good Reads on a Sunday while sipping your Coffee or Tea

“Two Cheers for Corruption” and Bill Black’s Response Plunder has become a way of life for many elite Corporate CEOs, Bill Black argues in response to Deirdre McCloskey supposition: “But corruption can be efficient and just, too. It can be good for efficiency if, say, bribes are paid to get around bad laws (such as […]

Senator Elizabeth Warren Gets Indignant with Banker(s)

In 1998, the gov made it impossible to discharge federal student loans through bankruptcy except upon death, disability, or public service. The gov did provide certain measures to change payments then such as forbearance, economic forbearance (no interest for 3 years), and payment change. In 2005 private student loan originators lobbied to have the same […]

Just In Passing – Sunday Morning

The Absurd Dr. “Chaps” Gordon Klingenschmitt is the Republican nominee for State Rep in Colorado Springs HD15. What qualifies him as a candidate in the Colorado State House? “‘Chaps’ as they call him, has a long history as a disgraced former Navy Chaplain who brags about having successfully performed an exorcism on a lesbian soldier […]

The Hill – “GOP struggles to land punches at ObamaCare insurance hearing”

HT :Washinton Monthly, Ed Gilgore: “House GOPers Face to Face With Unfriendly Facts on Obamacare” Democratic lawmakers were emboldened to defend the Affordable Care Act with renewed vigor and levity, creating a dynamic rarely seen in the debate over ObamaCare. Adding to the irregularity, exits on the Republican side at a subcommittee hearing led by […]

How Much Will You Pay for Health Care in 2015? What You Need to Know About Healthcare Inflation

Maggie Mahar: You probably have seen headlines like this one: “O-Care premiums to skyrocket.” The warning, which was posted on The Hill, seemed designed to cheer conservatives distraught by Obamcare’s enrollment numbers. It began by announcing that next year, “premiums will double in some parts of the country. The sticker shock will likely bolster the […]

“The messenger wore a skirt,” says Marna Tucker, “Could Alan Greenspan take that?”*

by run75411 Re-posted from New Agenda April 2009, Bill reminds us of some of the history leading up to today: Editor’s note: We are pleased to present this guest post by Bill H, who’s known around the internet as run75441, and who can usually be found writing in his area of expertise: finance. Recently, Stanford Magazine […]

Geithner’s Baa Humbug to Jobs and Labor

Dan here…Taking a look back to 2009: Geithner’s Baa Humbug to Jobs and Labor 12/25/2009 (h/t Run75441) “Ebenezer: Since you ask me what I wish sir, that is my answer. I help to support the establishments I have named; those who are badly off must go there.” Daniel Gross at Slate interviews Tim Geithner here: […]

Healthcare Reform; Socialism or Fascism?

by Run75411 Healthcare Reform; Socialism or Fascism? Whole Foods CEO John Mackey in 2009 originally called President Obama’s healthcare plan a form of Socialism while writing an op-ed for the Wall Street Journal: “The problem with socialism is that eventually you run out of other people’s money.” Margaret Thatcher” and added to Thatcher’s statement: “While […]

SCOTUS Chastises Congress and the Executive Branches

by run 75411Update:  Beverly Mann adds this note lifted from comments: The Supreme Court is rarely in session. It’s seasonal, part-time work. They usually hear argument in 10 cases a month, seven months a year. In December, they didn’t hear even that many.There’s really sooo much that can, and should, be said about the issue […]

Raising the Price of Pizza 10 to 14 cents. . .

by Bill aka run75441 Raising the Price of Pizza 10 to 14 cents. . . Will pizza and food prices really have to increase to cover healthcare costs for the mostly young employees of the Olive Garden’s, Denny’s, and Papa John’s restaurants? A 10 to 14 cents increase per pizza is being proposed by Papa […]