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

What to do with the Euro ?

G. has to leave the Eurozone. No not Greece Germany. Germany and a bunch of small Northern countries use the undervalued Northern Euro as their currency while we use the over valued Mediterranian and Irish (or Catholic and Orthodox) Euro. We need one more flexible exchange rate somewhere between them and the Sea. If Greek […]

Where’s Daniel Becker when you need him??

‘Small business representative’ still has some meaning for people, but of course the term is gamed constantly in the political arena. Via Alternet comes this example: This morning, NPR’s Yuki Noguchi wanted to know how an ordinary small business owner feels now that the Obama health care law has been upheld. So she turned to […]

Guest post: Health Insurance Rebates Show How Bad Insurers and State Regulators Can Be

There is and will be a lot of conversation about the efficacy of the ACA (Affordable Care Act), whether it is a step to deal with the health care cost juggernaut or mostly a boon to private insurers.  What is true is that ‘medical inflation’ has resumed to previous levels of year to year increase […]

A Stochastic observation on Fast and Furious

lifted from Robert’s site: Katherine Eban reported in the notorious left wing rag “Fortune” that everything Republicans have been saying about “Fast and Furious” up until yesterday when they found Eric Holder for contempt of Congress (for only handing over 7,600 pages of documents and insisting that ongoing investigations are protected by executive privilege) is […]

Big government pushed by the right

Dean Baker notes that liberals have let the right wing get away with the small government mythology… It is astounding how liberals are so happy to work for the right by implying that conservatives somehow just want to leave markets to themselves whereas the liberals want to bring in the pointy-headed bureaucrats to tell people […]