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

At CATO, knowing how to diagram–or read–a sentence is an impediment

Via djw at LG&M and Echidne, the original sentence: Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women — two constituencies that are notoriously tough for libertarians — have rendered the notion of ‘capitalist democracy’ into an oxymoron. The it’s-not-the-stupidity-it’s-the-coverup “explanation” from the editor: [Thiel] writes only that […]

Specter, Blue Dogs and Filibusters: the Dynamics

by Bruce Webb I just went on a web cruise through the bigger venues of the left blogosphere and I don’t think even some of the big guys get it. The prevailing sentiment seems to be that 60 is not a particularly important number because it only takes one Blue Dog to defect to sustain […]

Swine flu

By Spencer, Is there any truth to the reports that Rush Limbaugh and Newt Gingrich are proposing that we need to cut tax rates on dividends and capital gains to deal with the swine flu?

What’s the Scam?

by cactus What’s the Scam? Over the years my wife has known her, a friend of hers has developed a, shall we say, checkered past. That includes a felony (for drunk driving), at least one bankruptcy, as well as a number of questionable deals in which she was engaged in partnership with her husband. (She […]

Stocks at the President’s 100 Days

By Spencer, Given all the attention the press is giving the 100 days results I though people might find this chart of interest. There is a wide spread convention to use the election day as a base for the stock market because of the belief that the market is a way of discounting future results. […]

Just an opportunity to libel, never a previous concern

rdan A regular reader claimed the torture debate at Angry Bear was simply an opportunity to libel. Let that not ever be repeated. These are only some posts on the issue here, from different points of view. Such an important issue deserves careful thought, and no invective. If all you have is swearing, either side, […]

The disconnect of my economy with the money economy

by Divorced one like Bush The Yahoo Financial page has had this headline from the AP up for a while today:Top StoriesInvestors are cautious as swine flu cases increase- APThis is the first line: The swine flu gave Wall Street a reason to turn cautious. The Dow Jones industrial average gave up a midday recovery […]

Leona Helmsley Omnibus Tax Reform Act of 2009

by Bruce Webb Well there is no such bill, but it would be a good title for what we would see if we put the entire economic right tax agenda together. Because what seem to be totally different arguments end up delivering the same outcome. We can start with the corporate income tax. The argument […]

I Do Not Think "Tool" Means What You Think It Does

Dear Brad, Do you want to reconsider the title of this post in the context of this article? An examination of Mr. Geithner’s five years as president of the New York Fed, an era of unbridled and ultimately disastrous risk-taking by the financial industry, shows that he forged unusually close relationships with executives of Wall […]