by Linda Beale Crossposted with Ataxingmatter Carried Interest: Senate Getting Swayed by Lobbyists The Senate started discussion of the “extenders” legislation on Tuesday. IN the House version, HR 4213, there is finally a carried interest provision, though it is a weak one. (Recall that carried interest is the amount that managers of hedge, equity and […]
by Mark Thomaauthor for Economist’s View and Maximum Utility Where Will the Good Jobs Come From? I have emphasized short-run job creation quite a bit recently, and I have noted, implicitly at least, that we shouldn’t be too picky about the quality of the jobs that are created. Most jobs will do. But in the […]
La Dolce Vita blog from Arizona points us to a SCOTUS decision: Ever since Gore v Bush it has become apparent that the US Supreme Court has taken it upon themselves to occasionally decide the outcome of US elections. Yesterday they demonstrated this ability again when they decided to block funding for three of the […]
One of the memes used to justify corporate actions is ‘things are done to increase shareholder value’. We all know ‘value’ can be interpreted in different ways, oft times after the fact of actions since shareholder participation has rather cumbersome mechanisms for participation. Maybe a new way will emerge to aid greater participation of more […]
A palindrome reads the same backwards as forward. This video reads the exact opposite backwards as forward. Not only does it read the opposite, the meaning is the exact opposite. This is only a 1 minute, 44 second video and it is brilliant. Make sure you read as well as listen…forward and backward. This is […]
Democrats/Republicans face angry electorate is the early lead at MSNBC for this day of ‘important’ primaries. Yet what issues matter most to these groups of angry people? Just the tea party? Dismay with Pres. O’bama? Vote for John Boehner clones? Righteous perfected Christians? Unemployed versus employed? Can a deficit crow even be heard over the […]
by Linda Beale Extension Bill and Carried Interest: American Jobs, Closing Tax Loopholes and Preventing Outsourcing Act of 2010 [Ataxingmatter is back online after a break for the Chicago Law and Society Conference] Last Friday, the House passed the extenders bill, HR 4213, the American Jobs, Closing Tax Loopholes and Preventing Outsourcing Act of 2010, […]
I thought that since book publishing has been a theme at Angry Bear with Mike’s book Presimetrics, and in light of other books from Angry Bear authors a possibility, the story seemed interesting. Also Angry Bear has quite a few readers who are also ‘engineers’ who also might be interested to hear about his story […]
Hat tip to Mark Thoma for pointing us to The Regulation Crisis by James Surowiecki. The obvious problems of graft and the revolving door between government and industry, in other words, were really symptoms of a more fundamental pathology: regulation itself became delegitimatized… This view was exacerbated by the way regulation works… Too many regulators, […]
by Linda Bealecrossposted with Ataxingmatter Gulf Oil Spill: time to revise resource tax policy; how about a BEST surcharge? The oil spill in the Gulf continues, wreaking hazard along the Gulf coast and threatening the Atlantic coastline as well. Birds, fish, sea flora and fauna are all threatened. Tourism and fishing face enormous economic costs. […]