In further follow-up to my post of yesterday (I already appended the original post yesterday) called, “Stories That Will Continue to Get Far Too Little Attention As Long As Obama Allows Them To.”: Reader coberly and I exchanged the following further comments in the Comments thread: coberly: Beverly just to ease your heart, i agree […]
* Don’t forget about the Consumer Financial Protection Bureau: Paul Krugman has the goods on a story that’s getting far too little attention: In filibustering Richard Cordray, Obama’s choice to head the consumer protection bureau, and demanding major changes to the agency, Republicans are trying to transform it into something that’s essentially unable to carry […]
Update: Noahpinion takes on the same in How to win arguments by pretending to be stupid. The comments section offers other points of view. Ron T. aka Jazzbumpa received an unusual thank you from Paul Krugman for this post on a Mish Shedlock post about debating PK. Krugman recommended Beverly Mann on January 15th this year […]
In the Comments thread to my post yesterday about a comment that Brian Williams made the day before indicating that he apparently does not know what “the debt ceiling” actually means, reader SW asked: “So, is he really an idiot or does he just play one on the tv?” I answered: I hadn’t thought of […]
Well, well, well. The Senate Judiciary Committee has created a new subcommittee this year to specifically oversee the federal courts and the nation’s bankruptcy system, including administration and management, judicial rules, the creation of new judgeships. Last session’s Administrative Oversight and the Courts Subcommittee has been split into two separate subcommittees for this session. Senator […]
Construction has been one of the more encouraging sectors, adding jobs each of the last four months. The hiring there was probably because of a combination of rebuilding from Hurricane Sandy, unseasonably warm weather that led to fewer work stoppages, and the nascent housing recovery, said Ian Shepherdson, chief economist at Pantheon Macroeconomic Advisors. Retailing, […]
I watched NBC Nightly News with Brian Williams last night. Big Mistake. Big mistake. Because now I’m really confused. I was pretty darn sure until then that “raising the debt ceiling” meant allowing the Treasury Department to pay financial obligations already incurred, such as interest on bonds, Medicare payments, and contract obligations, and to allow […]
Politico’s Glenn Thrush reports this morning that Republicans believe the GDP report showing the economy is shrinking gives them political “leverage” over Obama, since bad economic news is terrible for the President. But Thrush notes that this shouldn’t be the case, since the contraction was the result of spending cuts, which in theory should undermine […]
There were three big political stories that came out of David Gregory’s fabulously interesting interview of Paul Ryan aired last Sunday on Meet the Press. One was that Ryan said: Well, we can debate the efficacy of Keynesian economics or not. And I don’t obviously believe– I think the debt is pretty clear it doesn’t […]
The American Future Fund is an Iowa based 501(c)(4) tax-exempt organization affiliated with the Center to Protect Patient Rights, which in turn has reported ties to billionaires Charles G. Koch andDavid H. Koch. American Future Fund was founded by individuals who worked for Mitt Romney‘s 2008 bid for the Republican U.S. Presidential nomination. Nick Ryan, […]