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

The Third Way summary

It’s critical to understand that Third Way presents itself as “centrist” and a think tank:

thirdway
Third Way

Via Huffington Post Bill Black summarizes the profiles of the trustees:

Twenty of the twenty-nine trustees come from finance (counting the lawyer whose specialty is representing private equity firms). Their most common background is Mitt Romney’s — private equity — and hedge funds. The nine non-finance members include:

Comments (8) | |

Mainstream Journalism As Just Another “Ism.” (The fallacy of the belief that the modern mainstream media has actual standards)

(Reuters) – Employers tried the carrot, then a small stick. Now they are turning to bigger cudgels.

For years they encouraged workers to improve their health and productivity with free screenings, discounted gym memberships and gift cards to lose weight. More recently, a small number charged smokers slightly higher premiums to get them to quit.

Results for these plans were lackluster, and healthcare costs continued to soar. So companies are taking advantage of new rules under President Barack Obama’s healthcare overhaul in 2014 to punish smokers and overweight workers.

—  How your company is watching your waistline, Kathleen Kingsbury, Reuters, Nov. 13, 2013

May I suggest that Ms. Kingsbury’s employer, Reuters, use a cudgel to get her and her editor to actually think about whether what they offer their news-media subscribers doesn’t contradict itself within the very same piece?  (Reuters is what was known for a century or so as a newswire service and is now just known as a news service; like the AP and UPI, it was historically, and now still mainly, a news-gathering service that publishes only through major-media outlets that subscribe to its services.  Such as Yahoo News, which is where I read it three weeks ago.  Thus, the reference to “their news-media subscribers.”  Okay, okay, I’m a journalism pedant.  I even know that Reuters is pronounced Royters, not Rooters, and that unlike AP and the old UPI it is a British import.  Thanks, Dad!)

Tags: , , , , , , , Comments (5) | |

Deserving to be poor

Via Economist’s View, Paul Krugman notes a pattern in out post racial rhetoric:

So what’s this all about? One reason…, Daniel Little suggested in a recent essay, is market ideology: If the market is always right, then people who end up poor must deserve to be poor. I’d add that some leading Republicans are, in their minds, acting out adolescent libertarian fantasies. “It’s as if we’re living in an Ayn Rand novel right now,”declared Paul Ryan in 2009.

But there’s also, as Mr. Little says, the stain that won’t go away: race.

In a much-cited recent memo, Democracy Corps … reported on the results of focus groups held with members of various Republican factions. They found the Republican base “very conscious of being white in a country that is increasingly minority” — and seeing the social safety net both as something that helps Those People, not people like themselves, and binds the rising nonwhite population to the Democratic Party. And, yes, the Medicaid expansion many states are rejecting would disproportionately have helped poor blacks.

Comments (0) | |