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

A new shopper at the Pentagon

by divorced one like Bush Via Multi Medium comes a link to Boston.com for an article regarding another Obama appointment. President Obama late this afternoon nominated Harvard professor Ashton B. Carter, a leading authority on arms control, to take on a surprising new role, according to top administration officials — as the Pentagon’s chief weapons […]

I read because:

rdan I read Angry Bear because: For the news coverage For the comment section For the unique perspectives I follow certain main posters For the analysis of issues View ResultsCreate a Blog Poll Please leave a comment to expand the thinking behind your vote.

Fiscal Responsibility Summit: Guest List

Fiscal Responsibility Summit Attendees: (noted without comment. Except for those of us who follow Social Security-Dean Baker made the cut) ADMINISTRATIONSecretary of the Treasury, Tim GeithnerSecretary of Transportation, Ray LaHoodSecretary of Homeland Security, Janet NapolitanoDeputy Secretary of State, Jack LewTreasury Department, Gene Sperling White House Chief of Staff, Rahm EmanuelOMB Director, Peter OrszagNational Economic Council, […]

Health care is 20% by volume of the stim bill…no discussion?

cross posted by Rusty Health Care Think Tank Stimulus Bill Part IIWhy is the stimulus bill (H.R. 1) more than 1000 pages? More than 200 of those pages are health care reform, including a massive health care IT plan. How much time was spent debating the largest health care reform plan of the past two […]

Foreclosures Are Not the Problem. Those Who Build Financial Time Bombs, and Those Who Pick Them Up, Are the Problem

by cactus Foreclosures Are Not the Problem. Those Who Build Financial Time Bombs, and Those Who Pick Them Up, Are the Problem I hesitate to disagree with Hilzoy – she may not be an economist but she’s very smart is usually right – but she has two posts (here and here) which I think are […]

WILL YOU STILL FEED ME IN 2041?

guest post by coberly WILL YOU STILL FEED ME IN 2041? I use rounded numbers below. The point will not change if someone wants to use the precise numbers. It has been argued that by the time the Trust Fund runs out of money, Social Security can continue to pay benefits without a tax raise […]

Still KISSING income inequality

by divorced one like Bush Let’s talk jazz: Still cashing the income inequalityberries, clams, dough, heavy sugar, jack, kale, mazuma, rubes, simoelan, voot. It’s all money. I started this series to develop a simple model of income inequality so that I wouldn’t sound like I was chewing gum and people wouldn’t get all balled up […]

Budget 2010 is telling?

rdan NYT reports on the thinking of the Obama team on our budget deficit concerns. The budget will provide the first clues to how Mr. Obama will reassert fiscal discipline after signing into law a $787 billion economic recovery plan. As difficult as cutting the deficits will be, much of the reduction by the end […]