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

Enumerating the Silliness of the Wingers’ ‘Enumerated Powers’ Schtik

Reader Tony Wikrent posted the following comment this morning to my Sept. 20 post titled “Freedom!  Liberty!  And Being For the Little Guy.  As Brought to You By the Conservative Movement.”: Actually, it turns out that if you are against big government, you ARE against all government. I’m surprised that conservatives who spout the “enumerated […]

Agriculture and water in CA

Via the Guardian comes a few words on the drought and markets for, in this case, almonds.  But similar things could be said of other crops.  The ‘subsidized’ cost of getting water to these producers is not reflected in prices, nor is the ‘ownership’ of the water  looked at in a comprehensive manner for sustainability, as […]

Ted Olson Wants Congress to Bar the Koch Brothers’ Contributions to Incumbents. I Say: Good Idea!

Post updated below. —- Forty-six Senate Democrats have concluded that the First Amendment is an impediment to re-election that a little tinkering can cure. They are proposing a constitutional amendment that would give Congress and state legislatures the authority to regulate the degree to which citizens can devote their resources to advocating the election or […]

Full D.C. Circuit Court Will Rule on PPACA Subsidies

King v. Burwell [Cert] and Halbig v. Burwell) arrived at the DC COA in hopes of defunding (Ted Cruz’s top priority dream) the PPACA. Initially, a 3 judge panel ruled 2-1 striking down the funding of the PPACA based upon an earlier IRS interpretation of PPACA Section 1311 stating “Exchanges established by States.” Section 36B […]

Government dependence

I remember in the late sixties and early seventies in the little suburb town where I lived in Ohio, the police chief had files on ‘potential threats’, including candle light vigil participants such as my parents.  Feelings of fear were common, and some quick to judge: Mike Konczal takes a look back at some of the […]

Bullshit to cash ratio

Dan here…Yves Smith reminds us on the announcement of a reported ‘biggest fine ever’ on Bank America that the deals, fines, and reporting on mortgage misconduct need careful interpretation. And a skeptical attitude. (partially re-posted…worth the trip over) by Yves Smith Bank Settlement Grade Inflation: High Bullshit to Cash Ratio in $17 Billion Bank of […]

Libertarian? Or Fascist-Light?

The shooting death by police of Ferguson, MO teenager Michael Brown, and what has happened in the aftermath, has been blanketing the news for the past few days. It’s a story about race, but it’s also become a story about the power of the state and how it’s wielded, and against whom. So my question […]

FINANCING SOCIAL SECURITY A BOB BALL APPROACH

by Dale Coberly FINANCING SOCIAL SECURITY A BOB BALL APPROACH Bob Ball proposed in 2007 (www.robertmball.org quoted in NASI “Fixing Social Security” Reno and Lavery, 2009, p 14) a “balancing rate increase.” This is the way his idea was described in the NASI publication: Acknowledging the uncertainty of 75 year projections, former Social Security Commissioner […]

Gerrymandering Michigan

I have been somewhat of a thorn in the Michigan Republican’s side as I know about the PPACA, can explain how it will benefit Michigan, can show by the Governor’s own report it will not cost Michigan anything up to 2027/28, and I can refute the arguments using economic data on other topics. I have […]