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

State Run and Free Healthcare Clinics ? ? ?

“For goodness sakes, of course the employees and the retirees like it, it’s free,” says Republican State Sen. Dave Lewis. 11,000 Helena state employees, retirees, and dependents now go to a state run healthcare clinic which is free. No co-pays, no deductibles, doctors are salaried, wait time is a few minutes, and visits are up […]

Watch for testimony on NSA surveillance

Glenn Greenwald offers his thoughts on the issue of NSA surveillance: On Wednesday morning, I’ll be testifying, by remote video, before an ad hoc committee in the House of Representatives about NSA disclosures. It begins at 9:30 am ET and will, I believe, be broadcast on C-SPAN. Following my testimony will be an excellent panel […]

Added information to the context for NSA legislation

Wired points to lawsuits fizzling so far, but also more secrecy and claims it is off limits to courts. The Obama administration for the first time responded to a Spygate lawsuit, telling a federal judge the wholesale vacuuming up of all phone-call metadata in the United States is in the “public interest,” does not breach […]

Round and around the revolving door does spin…

Lifted from comments from open thread July 23 by reader Jack Round and around the revolving door does spin. Those who take the ride are guaranteed to win, in the game of securities enforcement law. In yet another move between public and private practice John Khuzami moves from the SEC to “….a job that pays […]

Say it like it is?

Via the Washington Post comes some interesting language. Employers are raising education requirements even for entry-level positions. Thirty-two percent of hiring managers and human resource professionals said they are hiring more employees with college degrees for positions that were historically held by high school graduates, according to a survey by CareerBuilder. “While some of this […]

Hunger Games USA

Paul Krugman writes in Hunger Games USA. Facts and figures at his column. To fully appreciate what just went down, listen to the rhetoric conservatives often use to justify eliminating safety-net programs. It goes something like this: “You’re personally free to help the poor. But the government has no right to take people’s money” — […]

McDonalds’ Suggests a Budget for Employees . . .

Partnering with Visa, McDonalds’ Suggests a Budget for Employees which Ironically Shows in the End Just How Impossible It is to Get by on the Minimum Wage. The budget does not include gasoline, food, or heating expenses and incorporates $20/month for Healthcare Insurance. Besides skipping certain expenses and skimping on others; to meet the income […]

Elizabeth Warren and Glass Steagall

Via Truthout 21st centurty Glass Steagall Act You need to know this. Senator Elizabeth Warren wants to make banking boring again. Yesterday, the freshman senator introduced the 21st Century Glass Steagall Act, which would break up the big banks, and rebuild the wall between traditional banking and Wall Street gambling. In a statement, Senator Warren said, […]

Oil Prices

The last few weeks oil prices have been moving higher and few analysts seem to understand the full story. If there is any commodity that trades at a one world price it is oil.  So the recent weakness in West Texas Intermediate ( WTI)  is very unusual and stems from temporary bottlenecks.  Over the last […]

NRA Logic: Open/Concealed Carry, Self-Defense, Stop and Frisk, New Black Panther Party

Stepping back from the specifics/justice questions of the Zimmerman-Martin case for a minute can we take a look at the logical takeaways? One consistent story of the last few years is the push by the NRA and allies to allow Open Carry everywhere. Whether that be bars, college campuses, National Forests, a D.C. that previously […]