This editorial reminds us of the great increase in federal power regarding coercive force (also aid with guns). Section 1076 of the Defense Authorization Act of 2006 changed the name of the key provision in the statute book from “Insurrection Act” to “Enforcement of the Laws to Restore Public Order Act.” The Insurrection Act of […]
Greg Mankiw, Robert Stein, and others have been pushing the EITC lately. What is that all about? Efficiency? Best income redistribution mechanism? Leading edge to some other goal? This is in addition to the steady beat of Walker and others to conflate entitlements such Medicare,Medicade,and Social Security into a single problem.END
Save the Rustbelt sends this note working the end user as a reference, which is useful sometimes. The Downside of Increased Trade My wife, aka the world’s greatest nurse, worked this weekend. She spent a great deal of her time trying to track down enough Heparin to keep a patient alive this week. This is […]
William Pitt reminds us to keep the following in mind during this election: It has been more than ten years now since PNAC first introduced itself by way of its letter to Clinton. Over this decade, PNAC’s ideology and foreign policy mandates became the center of gravity for America’s military and diplomatic practices and priorities. […]
This article describes the recent history of corn flour for tortillas in Mexico. I looked it up after Stormy’s recent post on Wages and prices. By 1996, Maseca had drawn the attention of Archer Daniels Midland, the world’s largest corn broker. Itself no stranger to government largesse, ADM spotted a good business model from across […]
Hat tip to Afferentinput for referring to The Big Picture which demonstrated this cool site hotpads.com. Look up your own area for housing information with lots of color. The median income data was dated for my area, but the foreclosure data was relatively accurate to my knowledge. END
I have added the ‘read more’ option to open in a separate page format rather than same page because I also added in line commenting for the second page, which in my mind made it easier. The pop-up window is maintained for convenience with out going to the full page for your convenience as a […]
There is a must see video at Economists View by Elizabeth Warren of Harvard University at U. Berkley lecture series on the The Coming Collapse of the Midddle Class. Noni Mausa says… Take the time. Watch this, I just did. It explains exactly why the middle class is in trouble and where the money has […]
This article in the Private Equity Law Review indicates that unravelling the 45 Trillion could be interesting. Judge Christopher A. Boyko’s order dismissing a number of foreclosure actions brought by a CDO trustee throws a hard light on a common practice in real estate loan syndication. Due to the cost of properly assigning the notes […]
Iraqi politics certainly is complicated. Try this article. So, I was at a great Center for American Progress panel yesterday with journalists Nir Rosen and Michael Ware. They have been in Iraq for most of the last five years and get the perspective on the ground the we don’t usually hear about here. Ware said […]