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

Dana Milbank and the "Fact Free Zone"

by Robert Waldmann Dana Milbank and the “Fact Free Zone” I expected to enjoy Dana Milbank’s article entitled “From Obamacare to the IRS scandal, Republicans are ignoring the facts” But Milbank decided that he should Ballance his observation that Republicans are indifferent to facts with the following paragraph. Rubio’s fact-free approach to Obamacare is puzzling […]

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 […]

50 Best Investing Blogs

Daily Reckoning’s Jason Farrell lists Angry Bear in his top fifty… The new year is off to an interesting start. With inflation dove Janet Yellen helming the Fed, another recession possibly imminent and Wall Street still making a killing, it’s as good a time as any to review some of the best sources of independent […]

What the Associated Press Should Have Added to Press Releases About Scalia’s and Alito’s Current Warm-Weather Junkets

Here are the press releases dutifully passed along by the Associated Press: HONOLULU (AP) – U.S. Supreme Court Associate Justice Antonin Scalia will be teaching a class at the University of Hawaii law school. The university says Scalia’s guest lecture Monday at the William S. Richardson School of Law will be followed by brief remarks […]

News from hřbitov Nové Město na Moravě, Czech Republic “Stupid is as Stupid does Edition

– “Missouri Republicans have drafted a bill that would allow parents to pull their children from science classes that are teaching the theory of evolution. According to the National Center for Science Education (NCSE), Missouri’s House Bill 1472 would effectively “eviscerate” the teaching of biology in the state.” Stupid is as stupid does. “Missouri GOP: […]

the safety net as hammock hypothesis

Matthew Yglesias reports another dramatic study providing evidence against the safety net as hammock hypothesis. The argument that just giving poor people cash helps in the short run but hurts in the long run by creating dependency is extremely influential. The evidence supports the opposite conclusion. Here I note Yglesias noting Moises Velazquez-Manoff noting another […]

Christie’s powerful when he shouldn’t be

Via Think Progress comes Alyssa Rosenberg’s comments on one lesson from the news of Chris Christie’s politics in NJ: What happened to people who were affected by the traffic closure was ridiculous. But a willingness to inflict ridiculous consequences on innocent people is actually a rather serious thing to do. People who want Chris Christie […]

Obamacare horror stories

Maggie Mahar at healthinsurance.org takes a look at stories easily fact checked in Anatomy of an Obamacare horror story For months, health reform’s opponents have been feasting on tales of Obamacare’s innocent victims – Americans who lost their insurance because it doesn’t comply with the ACA’s regulations, and now have to shell out more than […]

Ross Douthat may be a "total tool"

by Robert Waldmann, lifted from Stochastic Thoughts Ross Douthat may be a “total tool” Ross Douthat is such a tool. He starts with a case of a liberal threatened with rape. He argues ” it may be that the culture war cuts both ways” That may be an insinuation which relies entirely on what may […]

Sunday Reads

50% of Congress Are Millionaires “The nonprofit Center for Responsive Politics reports at least 268 of the 534 lawmakers were worth an average of $1 million in 2012. These millionaires are the people debating issues like unemployment benefits, food stamps and the minimum wage, which affect people with far fewer resources — it’s no wonder […]