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

The White House Finally Takes an Actual STAND on Something That Was Not Dictated by Tim Geithner or the National Security Brotherhood. And It’s the Ethical Position in the Controversy, to Boot!

  This isn’t trivial. One of the sweetest dogs I’ve ever met was a waggly-tailed white pit bull that a neighbor of a friend of mine found roaming the street. As soon as the sweetie saw you approaching, she’d wag her tail excitedly and then lie down on her back to invite you to rub her […]

Les Misérables

Via Alternet comes this quote from Victor Hugo in Les Miserables: Victor Hugo described this war with the poor in Les Misérables as one between the “egoists” and the “outcasts.” The egoists, Hugo wrote, had “the bemusement of prosperity, which blunts the sense, the fear of suffering which is some cases goes so far as […]

“Chicago issues RFP for more charter schools”

As my Chicago friend Mike (doodahman) points out in Facebook, the City has just issued RFPs for additional Charter Schools. This comes after Chicago Public Schools closed 50 schools throughout the city causing students to travel farther and over crowding other schools. The Chicago Teachers Union sees it as a union busting tactic and predicted […]

The Tea Party’s Disruptive Anti-Government (and anti-tax) Politics

by Linda Beale The Tea Party’s Disruptive Anti-Government (and anti-tax) Politics The New York Times ran an interesting piece by Kim Messick on the Tea Party’s psyche yesterday: Messick, The Tea Party’s Paranoid Aesthetic, New York Times (Aug. 10, 2013).  It’s worth trying to understand this political group’s understanding of itself, since it ” is […]

Fuel Spill: The Republicans Are About to Admit That Obamacare Helps Consumers. (Bet On It.)

In another setback for President Obama’s health care initiative, the administration has delayed until 2015 a significant consumer protection in the law that limits how much people may have to spend on their own health care. The limit on out-of-pocket costs, including deductibles and co-payments, was not supposed to exceed $6,350 for an individual and […]

Fast-Food Fight….reader Denis offers some pointers

Reader Denis Drew writes (lifted from comments) : The bottom 50% of America’s workforce now takes 12% of overall income. If the federal minimum wage is raised to $15/hr that will add 3.6% direct inflation. $15/hr being today’s median wage, half the workforce, 70 million employees receiving an average $8,000/yr raise would add $560 billion […]

Part Time Employment and the Sequester

Part of the reason employment and hours worked, in particular, have been so weak in early 2013 is the rapid growth of part-time employment. Part time employment is volatile and subject to many influences.  From December to June part time employment rose 589,000.  That is a 2.2% — almost 5% annualized – growth rate. Part […]