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

My response to Run’s and Barkley Rosser’s analogies to the 1980 election

Run’s post here discusses and elaborates on a comment by Barkley Rosser in the Comments thread to this post of mine.  I posted the following reply to Barkley’s comment, and reposted that comment as a comment to Run’s post: Barkley, I certainly share your fear that Trump actually could pull this off, but I don’t […]

President Chauncey Gardiner: ‘Being There’ at the Bait-and-Switch [Updated]

But one of Trump’s campaign advisers suggested Wednesday that Trump might indeed change Social Security and Medicare — but only after he has been in office for a while. “After the administration has been in place, then we will start to take a look at all of the programs, including entitlement programs like Social Security […]

The Most Successful Trojan Horse Since the Trojan War

A key to beating Trump is to point out that on fiscal and other domestic policy at least, the election contest will not be to determine whether there will be another President Clinton or instead a President Trump.  There will be either a new President Clinton or a President Manafort. Every time Trump tries to […]

What Bernie Sanders is doing to help Hillary Clinton [UPDATED]

One charge against Sanders by the likes of Paul Krugman that I just could not abide—there were others, but this post is about this one—was that while Clinton was actively soliciting campaign funds for the Democratic Party to use for down-ballot candidates, Sanders was not.  In a post here about that a couple of weeks […]

Trump’s Solution to the Treasury Debt: Selling Mortgage-Backed Securities! (For federal lands.)

I would borrow, knowing that if the economy crashed, you could make a deal. — Donald Trump, during CNBC interview, yesterday   BRET BAIER: You’ve been very clear on the stump that you oppose any reform of Medicare, Medicaid, Social Security. Yet you told the Washington Post you would eliminate $20 trillion in U.S. national debt […]

Trump the Debt

Needless to say, Donald Trump has expressed some odd ideas on the US national debt. He has argued that we can’t afford this or that because we are 19 trillion in debt, promised to pay back the debt in 8 years, & asserted that the debt is no big problem (one out of three right […]

Just watched Bernie Sanders’s speech at a rally in Louisville. It was one of the best speeches I’ve ever seen a politician give.

Sanders was at the very top of his game tonight in Louisville.  A genuinely beautiful speech, delivered in perfectly modulated tone, with a wonderful, mostly young group standing on the stage very close behind him and to his sides, and a crowd that several times broke into chants of “Bernie! Bernie!”.  I felt like I […]

SCOTUS Approves New Rules for FBI Hacking and Legislates New Law

In 2014, Joseph Hall explained why this could be an issue. “The US Department of Justice is seeking to drastically expand its abilities to search computers remotely through an obscure change in the rules of criminal procedure. This would have the effect of making it easier for law enforcement to remotely break into and search […]