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

Offshore bank accounts–getting riskier

by Linda Beale Offshore bank accounts–getting riskiercrossposted with Ataxingmatter As I noted in an earlier posting, the IRS has continued its focus on secret offshore bank accounts. Naturally, the media covers this issue for their wealthy readers who are following the IRS’s every action in this matter. See, e.g., Paul Sullivan, Hiding Money Overseas? You’re […]

Social Media: Is the Boss a Bleep?

by Tom aka Rusty Rustbelt Social Media: Is the Boss a Bleep? The National Labor Relations Board (NLRB) forced a settlement on American Medical Response of Connecticut Inc. after AMR fired an employee (and Teamsters member) who went home from work and profanely blasted her supervisor as being mentally ill on Facebook. Other employees posted […]

Medical Malpractice Reform: Truth in Advertising Needed

Guest post by Michael Halasy, Practicing Emergency Medicine PA, Health Policy Analyst, and Health Services Researcher Medical Malpractice Reform: Truth in Advertising Needed (Part One of Three) Medical malpractice liability reform (Tort Reform) has been a hotly contested item for years, as the GOP, with physician support, has continued to market this as a health […]

Laurence Tribe on the ACA … and the Supreme Court justices

by Beverly Mann Laurence Tribe on the ACA … and the Supreme Court justices Argggh. In rereading my comment from yesterday to Bruce’s “Health Care ACA Act: Who does the Roberts Court Work For?” post, I realized that there’s a major part of my comment that’s, well, missing: the part that explains why I started […]

Are Republicans or Democrats Better for the Economy?

Barry Ritholz’s The Big Picture carries a link to Presimetrics in the Reads to start your week section of his blog and Mike has been asked by Barry to post a chapter in the book section. Dan says: Mike’s book is one that people need to study and not skim to reinforce a dearly held […]

Voluntary Disclosure Renewed for Offshore Cheats

by Linda Beale Voluntary Disclosure Renewed for Offshore Cheatscrossposted with Ataxingmatter In 2009, the IRS provided a generous voluntary disclosure program for people who had money socked into offshore accounts.  See 2009 Voluntary Disclosure Program, IRS. Ordinarily, the taxes, interest (at 20%), accuracy-related penalty (at 20% of the tax liability) and FBAR penalties –at 50% […]

A Few Graphs Describing the Reagan Presidency

by Mike Kimel A Few Graphs Describing the Reagan PresidencyCross posted at the Presimetrics blog. On February 6, 2011, Ronald Reagan would have been turned 100 years had he been alive. In this post I’d like to share a few graphs from Presimetrics (the book I wrote with Michael Kanell, with graphs and illustrations by […]