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

The Mad Hatter Columbia U. Law Prof. Who Advised Comey That He Needed to Destroy the Village In Order to Save It* – UPDATED (His name is Daniel C. Richman.)

Daniel C. Richman, an adviser to Mr. Comey and a Columbia University law professor, argued that despite the backlash, Mr. Comey’s decision to inform Congress preserved the F.B.I.’s independence, which will ultimately benefit the next president. “Those arguing that the director should have remained silent until the new emails could be reviewed — even if […]

Eric Lichtblau vs. Eric Lichtblau: Why is the NYT hiding key information that the FBI knows but claims not to know (and that Lichtblau knows because he played a role in it) about the connection between a Trump organization server and Alpha Server, a huge Russian bank with connections to Putin?

Okay, folks.  Read this entire article, or if you’re short on time, do a word find for “Lichtblau.”  Then read this article in today’s NYT by Eric Lichtblau and Steven Lee Myers. Then ask, rhetorically, why Lichtblau did not mention in the Times article what happened with the Trump server that the FBI claims is […]

Taking the CEO Salary Fight Local

Portland, Oregon’s government will be the first to test the legislative waters on excessive CEO pay by companies if passed the city board December 7, 2016. If the pay of a CEO exceeds 100 times of what a typical company employee makes, a surtax will be assessed the corporation. More than 500 corporations do enough […]

Several thoughts about Paul Krugman’s NYT column today – UPDATED regarding the Fourth Amendment issue, and (separately) the suddenly real possibility that Putin had the emails planted on Weiner’s laptop

Paul Krugman’s column today titled “Working the Refs,” which I linked to this morning in this post, is absolutely wonderful for its account of the breadth of what amounts to largely successful attempts at movement-rightwing takeover of so very much of American public life—journalism reportage and editing methodology, political punditry, decisonmaking by college and university […]

Wall Street CEO Bonus Loophole

Sarah Anderson at Institute for Policy Studies writes about how the 1993 reform to rein in runaway CEO pay by capping tax deductions of executive compensation at $1 million created a loophole as it did not apply to stock options and other performance pay methods. More-performance-measured-income to executives paid out, the lower the company income […]

Did NYC FBI Agents Plant Those Emails on Weiner’s Computer Once They Gained Custody of It? The Evidence Appears to Suggest … Possibly.

Top Hillary Clinton aide Huma Abedin has told people she is unsure how her emails could have ended up on a device she viewed as her husband’s computer, the seizure of which has reignited the Clinton email investigation, according to a person familiar with the investigation and civil litigation over the matter. The person, who […]

Newsweek Really, Really, REALLY Needs to Retract THIS Statement

Updated  | Why did FBI Director James Comey shock Washington on Friday with an announcement that the FBI “has learned of the existence of emails” related to Hillary Clinton’s private email server, and what does it mean? The truth is Comey didn’t have a choice. Because the new information followed his sworn testimony about the […]

Here’s what’s missing from reports that “[t]he FCC just passed sweeping new rules to protect your online privacy” by a 3-2 vote: That the three who voted for the Rule are Democrats and that the two who voted against it are Republicans. And that the president’s party gets the majority of board members, from which the chairman is selected.

Federal regulators have approved unprecedented new rules to ensure broadband providers do not abuse their customers’ app usage and browsing history, mobile location data and other sensitive personal information generated while using the Internet. The rules, passed Thursday in a 3-2 vote by the Federal Communications Commission, require Internet providers, such as Comcast and Verizon, to obtain their customers’ explicit […]

Really disappointed that Clinton last night didn’t mention Trump’s single-year businesses losses of $916 million and his habitual stiffing of employees and contractors, and didn’t directly protest Wallace’s absurd the-stimulus-led-to-the-slow-growth assertion

After the first debate, there was some criticism of Clinton that she came off as “too prepared”—a semantic contrast to Trump’s lack of preparation—and then criticism of the criticism: How can someone be too prepared for something? The answer to that question is that what was really meant by “too prepared” was “too programmed.” That […]

The darkening skies

by New Deal democrat The darkening skies In my Weekly Indicators column on Saturday, I noted that the data had gotten a little darker.  Since I have been increasingly concerned about the direction of the economy over the next year or two, I thought I would spell out where my worry is coming from.. Let […]