Via Alternet: The list of Democrats who are entering these negotiations embracing the GOP’s terms continues. There are at least nine in the Senate. California’s Dianne Feinstein, Montana’s Max Baucus, West Virginia’s Joe Manchin, Delaware’s Chris Coons and Tom Carper, and Colorado’s Michael Bennett have all said they support cuts to entitlements in letters to […]
Yves Smith writes: So bad economic times increase income disparity even among the young, and that will also make it even harder for them to contend with debt. I’ll return to this topic, because I think this recitation isn’t adequate to convey how the pieces are being put in place to put bigger and bigger […]
I can not help but wonder if Friedman takes delight in the predicament of the Young and Baby Boomers as he writes about Druckenmiller excursions on to college campuses . I envision a bit of Schadenfreude as evidenced by his choice of titles for his latest column. October 15, 2013, Tom Friedman writes in the […]
by Dale Coberly TOM FRIEDMAN LIES THROUGH HIS GREAT BIG TEETH TELLS KIDS “KILL GRANDMA” You see, the Wolf (his friends call him Tom) had no reason to disguise himself as Grandmother. He had already met Little Red Riding Hood and talked to her like a friend. She saw him as the nice man in […]
One thing that several people have requested (including Mrs. Rdan) is more easily read material more accessible to non-finance readers, or with our AB audience also people well versed in finance and macro, without dumbing down the issues into ideas that have no context nor links to what actually happens in the world. We […]
Damon Silvers appears to have his wheels on correctly answering two CNN talking heads on their version of Social Security. Kelly Evans: “Of course people want to make sure that our citizens are taken care of. But that’s almost not the point.” (It’s not?) Evans proceeds to assail Silvers and the AFL-CIO for refusing to […]
The new Global Wealth Report and Global Wealth Databook from Credit Suisse were released last week. According to the Report (p. 3), Global wealth has reached a new all-time high of USD 241 trillion, up 4.9% since last year and 68% since 2003, with the USA accounting for 72% of the latest increase. Average [mean] […]
Maggie Mahar reviews other blogs on healthcare within the blogosphere Joe Paduda has hosted the newest edition of Health Wonk Review, a bi-weekly roundup of some of the best healthcare posts in the blogosphere. You will find it at Joe’s blog, Managed Care Matters.: Here are just a few highlights: Health IT is still […]
Reader Dan Hirschman, a U-Mich. undergraduate alum and currently a Ph.D. candidate in Sociology there, wrote the following comment to my post here yesterday titled “What I agree with Richard Kahlenberg about on Schuette v. Coalition to Defend Affirmative Action. And what I don’t.”: Dear Beverly, Thank you for the fantastic analysis of this case […]
Wow. It looks, from SCOTUSblog’s Lyle Denniston’s report on the argument this afternoon in Schuette v. Coalition to Defend Affirmative Action, that I was, um … right in saying yesterday and again earlier today that this case is not, at heart, an affirmative action case. The case is really about when a voter referendum can […]