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

Dana Milbank and the "Fact Free Zone"

by Robert Waldmann Dana Milbank and the “Fact Free Zone” I expected to enjoy Dana Milbank’s article entitled “From Obamacare to the IRS scandal, Republicans are ignoring the facts” But Milbank decided that he should Ballance his observation that Republicans are indifferent to facts with the following paragraph. Rubio’s fact-free approach to Obamacare is puzzling […]

Obamacare Killing Jobs . . . again

picture hat tip TPM DC After shown to be wrong by Factcheck.org in its analysis, the Fox News group and Republicans are at it again  with a worn out commentary on how Obamacare kills jobs. This time they are using the CBO’s new analysis on the impact of Obamacare. Sometimes, I wish the CBO’s Douglas […]

John Cochrane: I Would Never Dream of Suggesting that this Correlation Implies Causation!

Let’s say you come across this on the interwebs: Then the person who posted it says this: I purposely did not make any argument, draw any conclusions or anything else. And the person who posted it is a prominent, high-profile right-wing economist. What conclusions do you draw about that economist? About the economic effect of […]

50 Best Investing Blogs

Daily Reckoning’s Jason Farrell lists Angry Bear in his top fifty… The new year is off to an interesting start. With inflation dove Janet Yellen helming the Fed, another recession possibly imminent and Wall Street still making a killing, it’s as good a time as any to review some of the best sources of independent […]

The End of an Era: Ben Bernanke Passes the Torch

Angry Bear will be posting writing by writers less well known and will usually be twenty and thirty years old as well.  Here is another one: by David Parkman The End of an Era: Ben Bernanke Passes the Torch After an eight-year term, Ben Bernanke arrives at Brookings Institution for his first day of work […]

House effects

by Robert Waldmann (Dan here…lightly edited for readability and Robert’s sense of humor)) House effects Noah Smith and Chris House are engaged in a stimulating blogospheric discussion. I am tempted to engage House in debate. I am not at all tempted to actually read his posts. Caveat Lector I will here dispute the part of […]

Plain vanilla banking

Elizabeth Warren proposes simple banking needs through the Post Office: According to a report put out this week by the Office of the Inspector General (OIG) of the U.S. Postal Service, about 68 million Americans — more than a quarter of all households — have no checking or savings account and are underserved by the […]

Alito is Right. Perceptions of the U.S. Supreme Court Differ From the Reality.

WEST PALM BEACH – Using a mix of jokes and drawing on his own experience, U.S. Supreme Court Associate Justice Samuel Alito said Monday that being a judge at the nation’s top court is often not what it appears to be. “A lot of people, I think, have the impression that sitting on the bench […]