Krugman’s Explicit Endorsement “Time to Kick the Can” Shows True Colors He Denies in “Despicable Me” from Mish’s Global Economic Trend Analysis Angry Bear’s column How To Debate Paul Krugman in response to my January 26 column How to Debate Paul Krugman: “Ask Questions Like a Child” was rather humorous for what it did not […]

Well folks, Lots of weather going on…about 25 inches of snow here, but fluffy.   Much worse elsewhere.  Hope everyone okay. Nemo and Orka

New America points us to Pell Grant cost projections: The Congressional Budget Office this week released updated cost projections for the Pell Grant program – and the estimates show an unexpected surplus over the past several years. The figures are much awaited because they dictate what lawmakers must allocate to the program in the upcoming […]

Dan here…Taking a look back to 2009: Geithner’s Baa Humbug to Jobs and Labor 12/25/2009 (h/t Run75441) “Ebenezer: Since you ask me what I wish sir, that is my answer. I help to support the establishments I have named; those who are badly off must go there.” Daniel Gross at Slate interviews Tim Geithner here: […]

Well, I am pretty much done for the day with work…I guess a post called Blizzard Musings is coming up!

Stormy writes (lifted from an e-mail):Some developing nations are winners: France, England…others, the U.S. are very big losers. Banks take a hefty cut… Migrants billions overshadow aid.  This article is an interesting sidebar to the global economy, enormously powerful and consequential. Worth reading and thinking about. From the The Guardian For decades it was a largely unnoticed […]

Jake at Polymic points us to news today: John Brennan gets interrogated. President Obama’s nominee for head of the CIA will face the Senate at 2:30 p.m. today for his confirmation hearing. Brennan has come under criticism for supporting torture while serving in the Bush administration, and his support for drone strikes as President Obama’s […]

http://www.newyorker.com/reporting/2010/12/13/101213fa_fact_lehrer#ixzz2K8oPHu6U

The second is a press release regarding the Nation Academy of Social Insurance’s new study. http://www.nasi.org/press/releases/2013/01/press-release-americans-make-hard-choices-social-security The survey used a new approach to measuring public opinion about Social Security. In addition to asking participants whether they would favor a particular change, they were asked to choose a preferred package of changes, much as lawmakers might […]

David Cay Johnson describes the processes of restructuring the company over time as Dell goes private: Six years ago, Dell Inc. announced a $12 billion restructuring with huge tax consequences not just for Dell, but also for tax policy. If the deal works as intended, American multinationals can copy it to escape the corporate income […]