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

The ‘Brook Hill Dog’ Lithograph–With Update (albeit not on the subject of the original post)

Some of AB’s regular readers might have picked up on the fact that I’m obsessed with animal rescue.  (Dan Crawford sure has!)  And since AB is mostly an economics/fiscal-policy blog, it probably has readers who buy art and antiques. Soooo …. I thought I’d pass this along.  The key sentence is near the end of the article: […]

The U.S.: Inept Diplomacy, Indispensable Currency

by Joseph Joyce The U.S.: Inept Diplomacy, Indispensable Currency The announcements by several European governments that they would join the new Asian Infrastructure Investment Bank (AIIB) have been widely seen as indicators of the declining position of the U.S.  The AIIB had been proposed by China for the purpose of funding much-needed infrastructure projects in […]

Nope! Was the response when Senator Warren was asked about Harry Reid’s job.

By happenstance I heard today, Senator Warren’s interview on Here and Now. I just wonder, was the answer to the question about running for the Democratic Senate top position adamant enough for those who keep pushing to have her run for a leadership position?  How is it that some of the leadership in the progressing/liberal […]

Class Struggle In The USA

Noam Scheiber has a hard hitting article on the front page of www.nytimes.com “2016 Candidates and Wealthy Are Aligned on Inequality” The content should be familiar to AngryBear readers. A majority of Americans are alarmed by high and increasing inequality and support government action to reduce inequality. However, none of the important 2016 candidates has […]

Good Reads on a Sunday while sipping your Coffee or Tea

“Two Cheers for Corruption” and Bill Black’s Response Plunder has become a way of life for many elite Corporate CEOs, Bill Black argues in response to Deirdre McCloskey supposition: “But corruption can be efficient and just, too. It can be good for efficiency if, say, bribes are paid to get around bad laws (such as […]

Awaiting the 2015 Social Security Report (not holding breath)

FEDERAL OLD-AGE AND SURVIVORS INSURANCE TRUST FUND AND FEDERAL DISABILITY INSURANCE TRUST FUND (c) With respect to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (hereinafter in this title called the “Trust Funds”) there is hereby created a body to be known as the Board of Trustees of […]

“Run Elizabeth Run” : for Majority Leader

Well quite the interesting news twist this morning as Senate Democratic Minority Leader Harry Reid announces he will not be running for re-election. Which of course launched the standard narrative of which current lieutenant would move up, giving us the rather stultifying debate of “Schumer vs Durbin”. Or Clinton’s former senior colleague vs Obama’s former […]

Wikileaks releases Trans-Pacific Partnerhip investment chapter

Via Daily Kos, we learn that Wikileaks has released the investment chapter of the Trans-Pacific Partnership (TPP). This is a critical chapter, as it was in the North American Free Trade Agreement (NAFTA), because it establishes investor-state dispute settlement (ISDS) mechanisms. Despite its neutral-sounding name, ISDS is actually a radical concept. Instead of using the […]