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

Failout Part 2 – The Example or “The Uncle Sam Payment Plan (USPP)©”

by reader Tinman Failout Part 2 – The Example or “The Uncle Sam Payment Plan (USPP)©”Previously we put forth a fairly simple solution to the “housing/mortgage/credit crisis”. Let’s follow the solution through using our example above; Mr. & Mrs. Smith, earning $75k/year, have just had their monthly expenses dropped by a whole bunch however, here […]

What do we do (Part 1)

Op ed by reader tinman A Failout in Three PartsOrWhat Do We Do From Here? Failout Part 1 – The Solution or “Pulling the TARP Over the Body (Economy)” What’s the best answer to our “credit crisis”? Pay the money to the banks via the borrowers.Pay off their mortgage; make the note whole in the […]

SKG responds to post on privatizing cities

by reader SKG The Fulton County Commission is a 7 member commision, with 5 elected by district, and 2 elected county-wide. The result of this structure was that the residents of the City of Atlanta (and to a lesser degree South Fulton) completely controlled the County Commission by controlling 2 seats, and the 2 county-wide […]

Sign of the times

by cactus Reading Between the Lines of an Excuse Here’s a story you probably already heard. The Republican National Committee has spent more than $150,000 to clothe and accessorize vice presidential candidate Sarah Palin and her family since her surprise pick by John McCain in late August. According to financial disclosure records, the accessorizing began […]

Privatized cities

rdan Here for your consideration is a private company made up of defense contractors running city governments in the state of Georgia, USA. Privatized Cities — When the government of the city of Sandy Springs in Georgia decided to bring in a multinational corporation to run all of the city’s services – with the exception […]

Potability, Politics, and Pipes

rdan Potability, Politics, and PipesBy David ZetlandA Guest Post (Freakonomics) In 2000, the United Nations declared an intention to reach eight Millennium Development Goals (MDG’s) — each with one or more targets — by 2015. The MDG’s are attracting a lot of money, but money can’t fix everything. Since I’m a water guy, I’ll explain […]

Economic Catastrophes – Another Look at Economic Performance by Presidential Party

by cactus Economic Catastrophes – Another Look at Economic Performance by Presidential Party Since we’re in a period of economic crisis, I started thinking about crises of the past. Its not always easy to define whether a moment in time is more than just part of ups and downs in a run-of-the-mill business cycle or […]

Mass. income tax repeal

NYT reports on Question 1 proposing the repeal of the MA state income tax over two years. That view is exactly what most state and local officials in Massachusetts are afraid of. Amid the whirlwind presidential election, Massachusetts has a ballot contest of its own this November that could drastically alter — some would say […]