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

Paul Krugman vs. … um … me. [Updated.]

No, no; of course, I don’t mean that Paul Krugman has expressly disputed something I wrote here on AB.  Or that he has ever read a post of mine.  Or that he knows that I exist.  Those latter two things have happened, but only in my dreams. The first of those has never happened at […]

Just Go Read

As I said on Facebook, it appears that Tim Armstrong—who got paid $12 million last year alone as CEO of the dead-on-its-feet AOL—is even more of an asshole than anyone previously believed. The pull quote: Until the morning I woke up in labor, every exam indicated that our daughter was perfectly healthy. In fact, had […]

Apple has some money burning a hole in its pocket

Getting real about Apple’s $100 billion stock buyback.  Updated* So I was hearing some where that Apple has a lot of money just burning a hole in it’s pocket. Seems there’s an arson named Carl Icahn trying to really ignite it by using twitter. Apple has implemented a plan to spend $100 billion of it’s […]

Political Journalists Should Follow the Lead of Insurance Industry CEOs and Read Angry Bear Regularly. Seriously.

Meanwhile, health insurers warned that Rubio’s legislation [to kill the insurance risk-corridors provision in the ACA] would lead to the government-run health-care system that most alarms conservatives. And there was the awkward fact that the risk corridors were the same mechanism Republicans used in the 2006 prescription-drug legislation. — From Obamacare to the IRS scandal, […]

Republicans and Dana Milbank Solve the Unemployment Problem in Germany, Canada, Taiwan and Australia: Those countries just need to repeal their universal-healthcare laws and tie healthcare insurance to full-time employment at large corporations!

It’s worth appreciating the perverse nature of the [Republicans’] lie on display [in a new web ad against North Carolina Sen. Kay Hagan here. Because Republicans are absolutely wedded to their “Obamacare is a job killer” talking point, the CBO report’s findings are being distorted into proof that the law will inflict job losses on […]

Obamacare Killing Jobs . . . again

picture hat tip TPM DC After shown to be wrong by Factcheck.org in its analysis, the Fox News group and Republicans are at it again  with a worn out commentary on how Obamacare kills jobs. This time they are using the CBO’s new analysis on the impact of Obamacare. Sometimes, I wish the CBO’s Douglas […]

Plain vanilla banking

Elizabeth Warren proposes simple banking needs through the Post Office: According to a report put out this week by the Office of the Inspector General (OIG) of the U.S. Postal Service, about 68 million Americans — more than a quarter of all households — have no checking or savings account and are underserved by the […]

Note to Christie: Sleights of Hand Work Only If They Go Unnoticed.

Chris Christie’s political success in New Jersey was based on the perception that his personal style — which involved lots of yelling at people — was a sign of his governing effectiveness. This perception may have flourished most easily in a state whose informal motto is “You got a problem with that?” But what some […]