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

7 Million Insured versus 2.7 Million Millenials

The argument has been the ACA depends on a number of the young to sign up for healthcare insurance on the PPACA or at least this is what S.E. Cupp believes and suggested on This Week with George Stephanopoulis. “There’s two problems, one is the technological, sort of mechanics of this. Obamacare relies on Millennials, […]

Deficit Disorder Symptoms–via Naked Capitalism/New Economic Perspectives

by Linda Beale Deficit Disorder Symptoms–via Naked Capitalism/New Economic Perspectives Yves Smith over at Naked Capitalism has an insightful re-post today on the way the right in particular–and most in the media and public–talk about deficits and misunderstand the relative importance of failures to invest in physical and capital infrastructure (roads, education…) versus the relative […]

Big Business and the Tea Party

Lifted from Robert’s Thoughts: Who said it ?  2013 edition “that which the American people have been waiting for for the last 200 years, politicians listening to the people instead of the ruling class” That would be far right tea-partier Raul Labrador (R-Idaho) The mountain West is red.  Red Staters vs the capitalist class. In […]

Insurers “Had a Seat at the Table” when Reformers Hammered Out the ACA, but Things Didn’t Work Out Quite As They Expected . . . –

Maggie and I have discussed this topic on several occasions and she tackled it here at: The Health Beat Blog. In the general public, it always surfaces as accusations of a sell out to the insurance companies. It is unfortunate we could not have Medicare for all or single payor; but, the political environment at […]

Sell out alert

Via Alternet: The list of Democrats who are entering these negotiations embracing the GOP’s terms continues. There are at least nine in the Senate. California’s Dianne Feinstein, Montana’s Max Baucus, West Virginia’s Joe Manchin, Delaware’s Chris Coons and Tom Carper, and Colorado’s Michael Bennett have all said they support cuts to entitlements in letters to […]

The Young, the Shutdown, Austerity, and Wealth

I can not help but wonder if Friedman takes delight in the predicament of the Young and Baby Boomers as he writes about Druckenmiller excursions on to college campuses . I envision  a bit of Schadenfreude as evidenced by his choice of titles for his latest column. October 15, 2013, Tom Friedman writes in the […]

The shutdown is over, but the austerity fight continues

One thing that several people have requested (including Mrs. Rdan) is more easily read material more accessible to non-finance readers, or with our AB audience also people well versed in finance and macro, without dumbing down the issues into ideas that have no context nor links to what actually happens in the world.   We […]