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

Angry Bear comments section

Apparently Angry Bear comments have been the subject of a spam bombardment, mostly about buying prescription drugs but also sports equipment. I have contacted the Blogger team by e-mail, and have asked other Bears to help keep current comment sections clear so readers can maintain their comments on posts. Sorry for the annoyance. I miss […]

Fiscal cliff and the frenzy

Via Business Insider, Joe Weisenthal offers a look at the explosion of media covering the notion of ‘fiscal cliff’. I was going to list representative links but gave up…I leave it to readers to supply their own sources for this post. The issue has been framed as mostly an ideological and partisan battle, with a […]

Cutting Corporate Rates May Cost Billions

Via Taxprof blogWall Street Journal: Tax Twist: At Some Firms, Cutting Corporate Rates May Cost Billions: What Uncle Sam has given to the earnings of companies like Citigroup, AIG, and Ford he soon might take away. President Barack Obama has said, most recently during last month’s presidential debates, that the 35% U.S. corporate tax rate […]

The CBO Wants to Discuss Healthcare and the Deficit?

The CBO Wants to Discuss Healthcare and the Deficit?(from run75411) Someone struck a nerve, “The Lady Doth Protest Too Much: CBO Director Asks for A Chat . . .”. Yves Smith at Naked Capitalism received an interesting email after a voice mail from the Associate Director of Communications for the CBO: Greetings, Susan.I am following […]

What natural disasters like Sandy teach us about taxes and government

Left out in the wake of the election and material, Linda’s post is still relevant as we continue to clean up, repair and replace damage done by Hurricane Sandy and the Nor-easter.. I would like to see more information on plans for future ‘unique’ storms and ways to handle some of the unique problems encountered […]

If the Dems got a backbone

by Linda Beale If the Dems got a backbone Yesterday I urged the Democrats to develop some backbone in response to the continuing right-wing extortion demands for military spending increases, tax cuts and entitlement program changes.How should that backbone be used?  Not an easy question to answer and likely my answer will upset many economists […]

Health Care Thoughts: Reform Status According to Really Smart People

by Tom aka Rusty Rustbelt Health Care Thoughts: Reform Status According to Really Smart People So after two days in rooms full of top notch front line experts, and two nights sleeping on a couch in a hospital waiting room, I offer a list of key take-aways.. This is reporting only, not advocacy. Some of my […]