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

Phil Ebersole: Monopoly power and what to do about it

Blogger Phil Ebersole writes today in a post titled “Monopoly power and what to do about it” (all boldface in original): The trouble with the U.S. economy is monopoly power. Concentrated business power means less consumer choice, less opportunity for entrepreneurs and greater concentration of wealth. Senator Elizabeth Warren Senator Elizabeth Warren described the problem very […]

ANTITRUSSSTTT! (Bernie Sanders did SO talk about antitrust during his campaign. A LOT. But thank you, Elizabeth Warren, for picking up that mantle now.)

A detailed update follows the original post. ____ Is the window closing on Bernie Sanders’s moment? A number of folks, your humble blogger included, have suggested as much. We’ve argued that with Democrats seeming to unite behind Hillary Clinton, it’s possible that the longer Sanders withholds his endorsement for her in the quest to make […]

Clinton’s figured out how to ensure her victory: Threaten Sanders that if he doesn’t endorse her, pronto, she’ll begin campaigning as a triangulator.

The risk is that [Sanders] will lose his moment because some Clinton partisans already see a more centrist campaign as the best way to win over millions of middle-of-the-road voters who find Trump abhorrent. Sanders has to decide if accelerating his plans to endorse Clinton is now the best way to maximize progressive influence. — […]

Why are so many pundits conflating U.S. blue-collar voters’ concerns that are similar to their British counterparts’ who voted for Brexit with the separate issue of whether the Brexit vote itself will influence U.S. blue-collar voters’ votes in November? These are completely different issues.

Some of our wisest political observers informed us that Brexit would be great news for Donald Trump, because it shows (somehow) that there may be more support here than expected for his nationalist message of restoring American greatness through restrictionist immigration policies and turning the clock back on globalization. So it’s a bit surprising to […]

A Clinton Blank Check? Or a Sanders Blank Check?

Long-time Republican strategists and campaign consultants privately acknowledge they are so certain of Hillary Clinton’s victory – and so worried about its impact on Senate races and GOP control of the Senate – that they are already considering a controversial tactic that explicitly acknowledges Donald Trump’s defeat. The tactic, used by congressional Republicans two decades […]

I really don’t understand what …

… all the fuss about Brexit is about, given that now more people will visit Turnberry, Scotland to golf. Or maybe not. Although that push to repeal Dodd-Frank may save us all from another economic crisis! ____ Okay, seriously, I think that contrary to the immediate CW, Brexit will actually hurt Trump, not help him. This […]

More Lies

After almost 8 years the Party of NO and me too, the Republican Party through Mr. Paul Ryan has announced its sketchy version of a national healthcare plan. There is nothing unusual (maybe I should not say this, as distortion and out-right telling lies is unusual) or earth shattering being offered in Mr. Ryan’s plan. […]