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

Paul Krugman Retracts a Key Part of Last Friday’s ‘Sanders Over the Edge’ Op-ed: That Sanders, rather than the New York Daily News editorial board members, don’t know what Dodd-Frank authorizes the federal government to do concerning ‘systemically important’ (a.k.a., too-big-to-fail) financial institutions. Good for him.

Which brings us to Snoopy, who has, for reasons I don’t fully understand, long been the emblem of the insurance giant MetLife. “At the end of 2014 the regulators designated MetLife, whose business extends far beyond individual life insurance, a systemically important financial institution. Other firms faced with this designation have tried to get out […]

Why did Paul Krugman and the Washington Post editorial board—both of whom know better—misrepresent that it was Sanders rather than the New York Daily News editorial board that was wrong about what Dodd-Frank provides, and about whether it would be Treasury or instead the financial institutions themselves that would determine the method of paring down?

As Dean Baker and several (mostly) alternative-media and hobbyist bloggers—including actual experts on Dodd-Frank and on financial-institution governance—have noted since the New York Daily News editorial board released a transcript last Tuesday of its interview with Bernie Sanders, it was not Sanders but instead members of that editorial board who were deeply confused about what […]

Senator Warren to Senate Republicans; If you do not like the choice of being shot or taking poison, then “Do Your Job”

A question to Senator Lindsey Graham by “The Daily Show’s” Trevor Noah asking why he endorsed Cruz for the Republican Presidential candidate over Trump. Earlier, Noah ran a clip of Graham stating it was a choice between getting shot or being poisoned and the reasoning for the choice of Cruz was there may be “an […]

Clinton admits she failed to do her homework, and therefore misunderstood, when she stated at the February debate that Dodd-Frank already authorizes the Treasury Dept. to force too-big-to-fail banks to pare down and that therefore no further legislation authorizing it is necessary. That’s quite an admission by her, and the New York Daily News editorial board (and the Washington Post’s Chris Cillizza) should take note.

A notion is rapidly crystallizing among the national media that Bernie Sanders majorly bungled an interview with the editorial board of the New York Daily News.His rival, Hillary Clinton, has even sent a transcript of the interview to supporters as part of a fundraising push. A close look at that transcript, though, suggests the media may […]

Chris Blattman’s Blog: “An open letter to Senator Chuck Grassley from an Iowan high school student”

Someone far younger than us has seen the false logic of the Republicans in resisting the selection of a Supreme Court Justice. “The argument many Republicans are making is that Barack Obama is a ‘lame duck’ president, and, because “the people have not spoken,” he should not be allowed to nominate a replacement for Justice […]

More to the Story on Killing the VHA

run75441: Ater I posted my article on the VA, it received a comment from Suzanne Gordon who writes on healthcare and has covered VA healthcare at her blog and also at American Prospect; Unfriendly Fire Fall 2015. Unfriendly Fire discusses the VHA coming under severe criticism from Libertarian ideologues and conservative right wing politicians even […]

“The Battle for VA Healthcare and Its Funding”

VA healthcare has its faults; but, it still is one of the more successful examples of publicly funded healthcare even while hampered by a lack of funding to provide more capacity in strategic places for new Iraq and Afghanistan veterans and aging Vietnam veterans like myself. Libertarian Pete Hegseth, a veteran of Afghanistan and Iraq […]

Millennials like socialism — until they get jobs. Or until a pollster tells them that it would mean tax increases but doesn’t tell them, for example, that the tax increases would replace healthcare insurance premiums and out-of-pocket medical expenses. And doesn’t tell them that “more government services” means something other than, say, trash collection twice a week instead of once a week.

Okay, so the title of a Washington Post op-ed piece today by research fellow and director of polling at the Cato Institute Emily Ekins is “Millennials like socialism — until they get jobs.”  She knows that this is do because a recent Reason-Rupe poll—that’s libertarian magazine Reason, and some polling organization they hired—found that: When […]

MI Pushing the 85th Percentile “Again”

Michigan has had an issue fixing its roads and for the last two years the Republican controlled Legislature and the Republican Governor have not been able to decide or agree on what the solution might be. I believe what has been decided was an increase in gas taxes, some money from the imaginary general fund […]