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

Mick’s Progress in Taking Apart the Consumer Financial Protection Bureau

February of this year and Mick Mulvaney already started to dismantle the CFPB by stripping the agency’s fair-lending office of enforcement powers reducing oversight and penalties for firms that discriminate against borrowers. Enforcement of fair-lending laws is governed by the 2010 financial reform law. Taking away the agency’s enforcement powers creates a vacuum making it […]

Medical Risk Pools, ACA/Medicaid Waviers, Hypocrite State Senator, CMC Director, CSRs, and Tom Price

Charles Gaba: Why Risk Pools are Bad Charles Gaba at ACA Signups.net has an excellent explanation on how Risk Pools work and how they harm those amongst us who depend upon a community rating system to balance out cost. Michigan Medicaid Wavier Strikes at the Poor The Center on Budget and Policy Priorities reported on […]

Why States Should Not Be Allowed to Alter the ACA with Waivers

CMS is allowing states to seek waivers to alter parts of the ACA. According to Republicans, state government knows better than the federal government the needs of its citizens and can design a better healthcare plan for them. Michigan along with Kentucky and another state have applied for waivers. Michigan and Kentucky have been approved. […]

Job Guarantees, Collective Bargaining and the Right to Strike

“Guaranteed jobs programs, creating floors for wages and benefits, and expanding the right to collectively bargain are exactly the type of roles that government must take to shift power back to workers and our communities,” — Senator Kirsten Gillibrand “By strengthening their bargaining power and eliminating the threat of unemployment once and for all, a federal […]

Duncan Foley On Socialist Alternatives to Capitalism

Duncan Foley On Socialist Alternatives to Capitalism Yes, it is May Day, time to think about workers and socialism, while Vladimir Putin gets himself inaugurated for another term as President of Russia, with military vehicles parading In Red Square like they used to for the glory of the workers, but today for the glory of […]

Job Guarantee versus Work Time Regulation

There has been a bit of commotion recently about the Job Guarantee idea (AKA employer of last resort). I don’t consider myself an opponent of the strategy but I do have several reservations about its political feasibility, the marketing rhetoric of its advocates, and its economic and administrative transparency. Some of these concerns I share […]

Steny Hoyer caught telling a progressive to drop out of race

Since the presidential election there have been claims made that the Democratic Party is not interested in change.  People have noted how the pre-election rhetoric of both Bill Clinton and Barack Obama did not match their post election actions.  (I’ve pointed out specific examples in the past). I just heard the following article on Democracy […]

A New Pareto Liberal Paradox (reposted from 2004)

(Dan here….lifted from Robert’s Stochastic Thoughts) A New Pareto Liberal Paradox (reposted from 2004) One of the core principles of Liberalism is that there must be equality before the law. The law must not discriminate. In practice, this principle is often restricted to citizens and people are citizens only if they are born in the […]

The Citigroup Analysis of the Amazon – USPS Relationship

Steve Hutkins of Save the Post Office blog also reviewed the WSJ/Citigroup analysis of the Amazon – USPS agreement in the second half of his article, “Fake News, Flawed Analysis, and Bogus Tweets,” April 8 on Angry Bear. As noted in the first half on Steve’s article presented at Angry Bear; Trump’s tweet about the […]

Very Interesting

WASHINGTON — President Donald Trump blasted the FBI and special counsel Robert Mueller on Monday following news that investigators had raided the office of his personal attorney, calling the search “an attack on our country.” Earlier in the day before the president met with senior military leaders at the White House, the FBI raided the […]