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

Grand Bargain by the President

From the Washington Post At the top of the priority list: a promise to forge a bipartisan compromise that reduces rampant government borrowing and makes long-postponed decisions about taxes and spending. In the interview, Obama called a budget deal “one of the best things we can do for the economy.”“We’re going to be in a […]

Did Romney Begin to Reverse-Etch-A-Sketch Today?

CINCINNATI, Ohio — Mitt Romney tried Thursday to borrow the campaign themes that got President Barack Obama elected in 2008. The Republican nominee repeatedly promised “big change” in Washington, a fresh phrase for him and one that he used more than a dozen times in a 20-minute speech at a rally that kicked off a […]

The Quiet Fact That Obama Should SHOUT About

Two articles published late yesterday in the New York Times, when juxtaposed with each other, pretty much encapsulate my frustration with this campaign.  One, titled “New Federal Rules for Debt Collectors,” by Edward Wyatt, reports: Debt collection agencies, whose sometimes aggressive tactics have earned them scrutiny from consumer protection groups and state regulators, will come […]

Robert Waldmann on CEO diseases

Lifted from Angry Bear Robert’s Stochastic Thoughts, and Brad Delong and Naked Capitalism beat me to it…oh well: I have always assumed that Romney must be smart, because of the way in which he acquired great wealth.  Yes he was ruthless and dishonest (the real scandal is what is legal).  But there are lots of […]

The GOP, rape and abortion, and the place of God in political discourse

by Linda Beale The GOP, rape and abortion, and the place of God in political discourse Remember GOP candidate Akin and his comments about no-pregnancies-from-legitimate-rape, suggesting somehow that most rapes are not legitimate and are maybe sought after by the one raped as well as by the rapist?  Akin revealed an incredible lack of understanding […]

Romney’s Prescience—a.k.a., The OTHER important point about Romney’s auto-bailout position

IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed. Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the […]