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

Job creation–tax cuts are not the right tool

by Linda Beale Job creation–tax cuts are not the right tool Not unexpectedly, the “think tanks” that claim to be nonpartisan but that conduct research sponsored by corporate interests and support “capital market” solutions to economic problems are at it again pushing more tax breaks for the huge corporations that just gained more legislative clout […]

Obama’s State of the Union Tax Proposals

by Linda Beale Obama’s State of the Union Tax Proposals President Obama delivered his first State of the Union speech tonight, assuring us that we could jump-start job creation through tax cuts for businesses and gain needed relief for families through tax cuts for middle-class households. What Obama offers is, as usual, a mixed bag–too […]

Japan rescinds war on deflation

by Rebecca Wilder At least that is the way I read today’s monetary policy release. According to the statement released today: “The Bank of Japan will encourage the uncollateralized overnight call rate to remain at around 0.1 percent.” However, the statement curiously omits the following from item 6. of the previous release: The Policy Board […]

$300 billion F-35 fighter jet

by ilsm The US deficit, and its related total debt, are awesome worries. Military outlays need to be reviewed, by qualified analysts who have not bought into the climate of continuing to clothe the emperor in nothing. Those outlays that are not “worth the expenditure of scarce taxpayer resources” in the military program need to […]

Is China a Bubble?

by cactus Is China a Bubble? A friend of mine who does just about all of his business providing a very specific service to selling to companies who do business with China. (And yes, that is as specific as I am willing to be, except to say that right at this moment, the service he […]

In the Wake of the Mass Massacre—Bipartisan Reform or the Senate Bill?

In the Wake of the Mass Massacre—Bipartisan Reform or the Senate Bill?by Maggie MaharCrossposted with Health Beat Blog Let’s begin by addressing some of the myths: First, the Massachusetts vote was not a “Massacre”: Brown won 51 percent of the vote. Secondly, this was not a referendum which shows that the public opposes health care reform. Among […]

Roots

I took a trip back to memory lane via the archives to the very first post from the Angry Bear on Feb. 28, 2003 that I know of. The look and style of Angry Bear has changed over time, as well as who writes and having an expanded list of subject matter. 2003 seems an […]