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

BREAKING NEWS: Bain Capital Really, Really, REALLY Did Not Want to Lend GM and Chrysler Money For Their Managed Bankruptcies!”*

Oookaaaayyy.  Normally when I receive an email message that I want to forward or mention elsewhere, I first ask permission of the emailer.  Not this time, though. The following email was sent to Angry Bear last evening, and forwarded to me by Ken late last night: On Wed, Feb 15, 2012 at 6:27 PM, Charlyn […]

BREAKING NEWS: Bain Capital Wanted to Lend GM and Chrysler Money For Their Managed Bankruptcies!***

**This appears to be incorrect. It was based on a story that CNBC has now updated. It was “Bain Consulting,” not Bain & Co., that advised the government on re-financing the automobile companies. — klh Ah!  Mystery Solved! Yesterday,in my post, “Crony Capitalism On A Grand Scale“—the title of the post borrowed from an op-ed […]

UPDATE to “What if Eisenhower’s budget were your (grandparents’) family’s?”

In my first of two posts yesterday, “What if Eisenhower’s budget were your (grandparents’) family’s?”, about an ABC News item from the evening before discussing Obama’s proposed 2013 budget, and propagating the truism, so popular among pols and pundits, that the federal budget is like a family’s, only with eight zeroes following total expenditures, income […]

Crony Capitalism On A Grand Scale

An article in yesterday’s New York Times, which I think deserves much more notice than it seems to be getting,  says that last week, “Mr. Romney’s campaign held an elaborate “policy round table” fund-raiser at a Washington hotel, featuring panel discussions run by lobbyists [who are] former cabinet officials or members of Congress.” Today in the Detroit […]

What if Eisenhower’s budget were your (grandparents’) family’s?

What if Eisenhower’s budget were your (grandparents’) family’s? What if Kennedy’s were? How about LBJ’s?  Nixon’s? What if Reagan’s were your parents’ or your own family’s? How about G.H.W. Bush’s? Clinton’s? G.W. Bush’s? One of my pet peeves is the use by political reporters and pundits of sophistic or downright imbecilic supposed analogies.  (Like last […]

Corporate Leveraging of Campaign Contributions Under Citizens United

Last week, Dan posted what had been an email message I sent him in response to a link he’d sent me to an article by Thom Hartmann on Truthout about the Supreme Court’s infamous Citizens United opinion.  The key (consecutive) paragraphs of Hartmann’s piece, which I quoted in my email/post, were: Most Americans don’t realize […]

Op-ed: Political Opportunity (Not)

op-ed by Beverly Mann Political Opportunity (Not)   The link at the end of Steve Roth’s post yesterday, “American Exceptionalism #238: Opportunity (Not),” is to a post on Sunday by Paul Krugman on his NYT blog, in which he discusses Alan Krueger’s speech last week.  Krugman’s blog entry says:   “Alan Krueger, the chairman of the […]

An Invitation for Libertarians

An Invitation for Libertarians Here at Angry Bear, we’ve had a number of posts on LIbertarians over the years. Inevitably, someone writes to tell us we’re misrepresenting Libertarians… even when we’re quoting well known libertarians. So… if you are libertarian consider this an invitation. Send me one to three paragraphs on what it means to […]

We trust that AT&T will not take it personally

Part of an e-mail from Beverly Mann on additional expansion of corporate personhood concept at the Supreme Court: I agree that, as the article at Raw Story says, the decision is a striking contrast to the court’s ruling in Citizens United, which upended decades of campaign finance regulation, allowing corporations to spend unlimited amounts on […]