In the Comments thread to my post yesterday about a comment that Brian Williams made the day before indicating that he apparently does not know what “the debt ceiling” actually means, reader SW asked: “So, is he really an idiot or does he just play one on the tv?” I answered: I hadn’t thought of […]
by run75411 Smoking is All About Poverty I raised the issue of why the elderly pay more than smokers for healthcare insurance since growing old is a natural occurrence and smoking and its associated disorders is self-inflicted. I raised it after STR said smokers are being robbed and I pointed out the elderly non-smokers and […]
by Cathy O’Niel and re-posted with permission of the author who writes her own posts for her blog mathbabe, who works and teaches in New York city as a quant with style. This piece is a comment on data collection, not his intent. Bill Gates is naive, data is not objective In […]
http://www.alternet.org/immigration/obama-track-deport-record-2-million-people-2014?akid=10000.29972.LmCOJH&rd=1&src=newsletter787632&t=5 Obama on Track to Deport a Record 2 Million People by 2014
Well, well, well. The Senate Judiciary Committee has created a new subcommittee this year to specifically oversee the federal courts and the nation’s bankruptcy system, including administration and management, judicial rules, the creation of new judgeships. Last session’s Administrative Oversight and the Courts Subcommittee has been split into two separate subcommittees for this session. Senator […]
On Saturday Mish wrote a really awful article with those words in it’s title. The article borrows these words and includes a quote from an even more awful article by Austrian school economist and author Detlev Schlichter. Part of that quote is presented here. What makes him [PK] so annoying is his unquestioning, reflexive and […]
Construction has been one of the more encouraging sectors, adding jobs each of the last four months. The hiring there was probably because of a combination of rebuilding from Hurricane Sandy, unseasonably warm weather that led to fewer work stoppages, and the nascent housing recovery, said Ian Shepherdson, chief economist at Pantheon Macroeconomic Advisors. Retailing, […]
This was another tepid employment report not much different than the reports in 2012. Payroll employment rose 168,000 and the household survey showed a gain of only 17,000 Private payrolls expanded 168,000 while government employment fell 9,000. Perhaps more importantly the year over year change in employment is showing significant signs of weakness, Both […]
I watched NBC Nightly News with Brian Williams last night. Big Mistake. Big mistake. Because now I’m really confused. I was pretty darn sure until then that “raising the debt ceiling” meant allowing the Treasury Department to pay financial obligations already incurred, such as interest on bonds, Medicare payments, and contract obligations, and to allow […]