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

2008… Let me be clear: I will not do either. Candidate Obama

Via Business Insider: While campaigning for President in 2008, candidate Barack Obama promised to not alter the way that cost of living adjustments were calculated for Social Security, a policy that is now a key feature of his 2014 White House budget. Addressing the AARP in September 2008, then-Senator Obama drew a major contrast between his […]

Social Security and Me: Ayn Rand, the Four Freedoms, the Road to Serfdom and the Leninist Strategy

What the —! Well it occured to me, and not for the first time, that a lot of people really don’t understand my Social Security project and particularly what even some of my friends and allies think is a narrow focus on the nuts, bolts and numbers of Social Security financial reporting. It seems to […]

Total Security on Planet Elsinore: a Social Security Thought Game (Part 1)

Lets play a game. The ultimate point of the game is to understand certain aspects of Social Security but to keep complications from creeping in too early (wait for later parts) we are going to start with simple game play on a board far, far away. In fact on distant yet oddly Earth-like Planet Elsinore. […]

Ripping Off College Students’ Economic Future

Previously, I had written on Fair Market Value and its use by the CBO’s Douglas Elmendorf to rate the risk of Student Loans as advocated by both The New America Foundation and the Heritage Foundation. A rebuttal answer to a partisan CBO, the right-leaning New America Foundation, and the conservative Heritage Foundation on the usage […]

The Map Office Still Calling: Israeli capabilities for striking Iran

Back in 2009 I put up a post with the title Joe Biden? The Map Office is Calling! after Joe had apparently given a green light to Israel to bomb Iranian nuclear facilities. In it I pointed to a study by Toukan and Cordesman Study on a Possible Israeli Strike on Iran’s Nuclear Development Facilities […]

How to Sound Insane by Talking Like a Bi Partisan Expert on Social Security

by Dale Coberly How to Sound Insane by Talking Like a Bi Partisan Expert on Social Security I apologize for the next couple of paragraphs because they sound overworked and insane,  but that’s what happens when you try to illustrate the way Washington talks about Social Security. Try to imagine you have to buy a medicine […]

Another Congressman and stunning subsidies to his district

AB had a post on Congressman Steve King, an advocate of austerity and shut down yet received $9.17 billion in subsidies 1995-2012 for his district without offering cut backs for his district to share the sacrifices needed for austerity. Brad DeLong points us to another stunning set of subsidies, this example for Congressman Tim Huelskamp: […]

Sunday solar hybrid eclipse…

…hybrid eclipse of Nov. 3 will be a special case: here the eclipse starts out as annular, then after only 15-seconds it will transition to a total eclipse, and then it remains total up to the very end of the eclipse path. The last time this happened was on Nov. 20, 1854 and the next […]

Investors warn moves to curb climate change will hit fuel demand

From the Financial Times (pay wall I believe): Investors warn moves to curb climate change will hit fuel demand October 24, 2013 By Ed Crooks Investors managing assets worth about $3tn have written to the world’s largest oil, gas and coal companies, calling on them to prepare for a possible decline in demand for fossil […]

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, […]