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

Chris Hayes Explains the PPACA for Fox and Friends

Obama Care for Fox News and Friends Not that they have any interest in reality at the moment. The Republicans have worked themselves into a frenzy that resembles the adolescent girls who accused the Salem townspeople of witchcraft at this point. This is how they look: Maybe it is time to take away the beer? […]

The Inflation game (part 2 and wonkish)

Whereas David Romer will say that the low inflation rate is a result of the zero lower bound. I would say that BOTH the low inflation rate and the zero lower bound result from the weak consumer liqudity due to very low labor share. In the previous post, I wrote about how inflation is a […]

Cruz, Tea Party, Hostage-Taking Budget Tactics (and the IRS)

by Linda Beale Cruz, Tea Party, Hostage-Taking Budget Tactics (and the IRS) The House, dominated by Tea Party/GOP politicians (or those fearful of their impact on upcoming primaries) passed a bill that attempted to tie the continuing operations of the government to compliance with Tea Party ideas about getting rid of the health reform legislation […]

Lunatic Centrist’s Alternate* Reality

Over at the almost always excellent Wonkblog, Lydia DePillis interviewed World Fuel Services chairman Paul Stebbins. Stebbins was “involved with Fix the Debt from the very early stages” so it isn’r surprising that Paul Krugman is unimpressed. I am less favorably impressed. I believe the interview contains a 100% false extremely damaging accusation against the […]

The Lone Star Strategy or The House that Conservatives built

Having heard Senator Sander’s discussion on the floor, I thought the outing of the republican vision for this nation in total should be preserved on the net in writing.  People hear bits and piece but never put the entire picture together.   Maybe reading the list will help people picture the finished house the conservative mind […]

Water, Mars. and curiosity

Curiosity’s SAM Instrument Finds Water and More in Surface Sample Sept 26, 2013 The first scoop of soil analyzed by the analytical suite in the belly of NASA’s Curiosity rover reveals that fine materials on the surface of the planet contain several percent water by weight. The results were published today in Science as one […]

October 1st, A New Republican Proposal, and the Bad News Bears

October 1st, the country and government will once again be held captive by minority political interests seeking to force their will upon a country which did not endorse them or their beliefs in the last election. Radical House Republicans have come back with another proposal which seeks to delay the PPACA for one year, removes […]

Matt Yglesias says the median household is probably richer than the median household in 1989

by Robert Waldmann Matt Yglesias says the median household is probably richer than the median household in 1989.  Oh that we have come to this.  Take the mike Matt Despite rising health care and education prices, we don’t have fewer people going to college or seeing the doctor and we do have bigger houses, more […]

Yves

Lifted from comments at Naked Capitalism, September 21, 2013 at 4:33 am Henry Maxey in April 2007. This is frigging amazing work, and by an equity analyst, working at a UK money management boutique. In other words, somebody with not much, and probably no access to the guys on fixed income desks who were cranking […]

Comment sections debate

LOL….  ah well, I hadn’t read the comment section of Kenneth Thomas’s and Maggie Mahar’s posts  before I put up the Popular Science post.     Lifted from comments. Hans September 25, 2013 12:00 am Anything is more affordable especially when someone picks up the tab.. I sorry Ms Mahar, but you are a dolt […]