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

Yves Smith has been all over the Standard Chartered story

Yves Smith has been all over the Standard Chartered story: Reuters Runs Interference for Elite Corruption, Scrubs Article That Shows How Banks Get Out of Jail Free – 08/09/2012 – Yves Smith Standard Chartered Makes Empty Threat to Sue New York Regulator Over Iran Money Laundering – 08/09/2012 – Yves Smith NYS Order on Standard […]

Indefinite detention of Americans…progress in Fed court update

Via Salon, the The Village Voice updates us on the progress on the suit by Chris Hedges and others (also see NDAA website): The question being argued in federal court in Lower Manhattan yesterday boiled down to this: Is a law authorizing the indefinite military detention of American citizens with only the barest recourse to […]

Repeal the ACA and Lower Costs for Citizens

by Run75441 Repeal the ACA and Lower Costs for Citizens… Chicken Little, Courtesy of “EW.Com Entertainment Weekly”What presidential candidate Romney has vowed to repeal is showing more benefit than harm in driving down the cost of healthcare for individuals, groups, and commercial insurance. If repealed by Romney, the results could cost more than leaving it […]

Jonathon Portes on Macroeconomics and the deficit

Jonathon Portes on macroeconomics and the deficit: As we all know, since then both the US and UK have had deficits running at historically extremely high levels, and long-term interest rates at historic lows: as Krugman has repeatedly pointed out, the (IS-LM) textbook has been spot on.  Empirically (and theoretically) well-founded? Definitely.  As Simon Wren-Lewis points […]

Kevin Drum on Reid’s gambit on Romney’s taxes

Kevin Drum has an opinion on election tactics: Come on, folks. Reid didn’t say I’ll bet Romney didn’t pay any taxes. He didn’t say he talked to someone familiar with high earners who told him Maybe Romney won’t release his returns because he didn’t pay any taxes. He made a flat statement of fact. He […]

Brad DeLong and THINGS WRONG WITH HASSETT, HUBBARD, MANKIW, AND TAYLOR, "THE ROMNEY PROGRAM FOR ECONOMIC RECOVERY, GROWTH, AND JOBS"

Brad DeLong offers a long post on economists on the Romney team. THINGS WRONG WITH HASSETT, HUBBARD, MANKIW, AND TAYLOR, “THE ROMNEY PROGRAM FOR ECONOMIC RECOVERY, GROWTH, AND JOBS” Notes on HHMT: Kevin Hassett, Glenn Hubbard, Gregory Mankiw, and John Taylor, “The Romney Program for Economic Recovery, Growth, and Jobs” HHMT: We are presently in […]

Health Care Thoughts: Evidence-based medicine not easy

by Tom aka Rusty RustbeltHealth Care Thoughts: Breast Cancer Battle Evidence-based medicine may not be as easy as it first sounds.  An opinion piece in the British Medical Journal (http://www.bmj.com/content/345/bmj.e5132) attacks the Susan G. Komen Foundation for over-hyping the value of mammography. This is not a new controversy, and experts have lined up on both sides of […]

Kleinbard: Tax Fairness and Fairness in Tax Data Reporting

From TaxProf blog: Kleinbard: Tax Fairness and Fairness in Tax Data Reporting Following up on yesterday’s post, WSJ: Taxing the Rich — The Facts:  Huffington Post:  Tax Fairness and Fairness in Tax Data Reporting, by Edward D. Kleinbard(USC):  The impetus for this little paper was an op-ed by Ari Fleischer in the Wall Street Journal […]

Breaking The Healthcare Cost Curve…Maryland

 by Run75441 Breaking The Healthcare Cost Curve Re-posted from 2/20/2010 Quite a bit of the commentary has been written on the question of how-to-rein-in rising healthcare costs and to slow costs to less than the rate of inflation. Massachusetts has been able to provide healthcare to its citizens but still struggles with keeping healthcare insurance […]