lifted from Robert’s site: Katherine Eban reported in the notorious left wing rag “Fortune” that everything Republicans have been saying about “Fast and Furious” up until yesterday when they found Eric Holder for contempt of Congress (for only handing over 7,600 pages of documents and insisting that ongoing investigations are protected by executive privilege) is […]
Dean Baker notes that liberals have let the right wing get away with the small government mythology… It is astounding how liberals are so happy to work for the right by implying that conservatives somehow just want to leave markets to themselves whereas the liberals want to bring in the pointy-headed bureaucrats to tell people […]
Lifted from the comments from an Ezra Klein article in the Washington Post comes an interesting idea that is not only currently debated, but also ties into ‘markets are “natural” idea’… Paul Andrews comments:Yes – lots of saving and borrowing, often in goods rather than money. When money is included its often only a fiat […]
Amy Howe, Anticipating the health-care decision: In Plain English, SCOTUSblog”: …there are four questions before it. Three of those questions revolve around the “minimum coverage” provision, popularly known as the “individual mandate.” …But before the Court can decide whether the mandate is constitutional, it must first decide whether it can even rule on this question […]
by Brenda Rosserre-posted from Econospeak with permission from the author The assumption that markets are ‘natural’ I’ve just begun to browse the pages of David Graeber’s 2011 book entitled ‘Debt – The First 5,000 Years’. Graeber is an anthropologist who makes no bones about the historical errors made by many economists on the evolution of […]
by Kenneth Thomas Lost Output Over $3 Trillion And Rising Still traveling, so just a quick post, but this really can’t be emphasized enough. Andrew Fieldhouse at the Economic Policy Institute reports that the Congressional Budget Office now has cumulatively reduced its estimate of 2017 gross domestic product by 6.6% since the beginning of the […]
Yves Smith, Matt Taibbi, and Bill Moyers talk on the financial Follies of Big Banks and Government Matt Taibbi:The question I wanted to ask is, was, really more about the criminality. I mean, none of the members in either the House or the Senate really got into the issue of all the different offenses that […]
Via Firedoglake’s David Dayen comes this post of the ‘ambiguity’ of a State Supreme Court ruling on one case of foreclosure action and the requirements to ‘own’ a property. Based on my conversations, the ruling does not allow Fannie Mae to foreclose. It remands the case back to the lower court for them to decide […]
The current uptick in ‘medical inflation’ in private sector health industry is worth a separate post. The Standard and Poor Healthcare Economic Indices can be found here. Lifted from a note from Run 75441 on the link I sent on healthcare reform. Recently, Matt Stoller claimed Obama had a 61 vote majority in the Senate and […]
Hi folks. I have finally initiated the process to migrate to a word press platform from the blogger platform, and will be switching to another comment system to be determined. Blogger is getting harder to use in our experience, and of course did not develop the variety of tools to augment how Angry Bear can […]