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

American society was not always so car-centric.

Introduction: Nice piece on how Americans are so tied to their gasoline powered cars, pickup trucks, etc. and the impact on cities and environment. What is key to this article and the author’s thought is this statement: “The obvious solution … lies only in a radical revision of our conception of what a city street […]

AbbVie Exploits Offshore Subsidiaries to Avoid US Taxes

Strictly a copy and paste of the Senate Finance Committee Chair Senator Ron Wyden Committee Report. I can not add to this other than say, repeal the 2017 Tax Act. Interim Report: Big Pharma Tax Avoidance Senate Finance Committee Investigation Reveals Extent to Which Pharma Giant AbbVie Exploits Offshore Subsidiaries to Avoid Paying Taxes on […]

TPM: What If We’d Been Mean to Robert E Lee?

This casting was up December 29 at Talking Points Memo (TPM). It is about 50 minutes long and a very interesting conversation between John, Kate, and Prof. Heather. Covering the state of democracy in America is the topic and well worth the listen. Belaboring the Point: What If We’d Been Mean to Robert E Lee? […]

NPR Nails It: Highlights Two Programs That Make a Difference to Millions

NPR Nails It: Highlights Two Programs That Make a Difference to Millions, Center for Economic and Policy Research, Dean Baker. Dean Baker: I’ve complained a lot about how the major media outlets seem to highlight every piece of bad news about the economy, while downplaying or ignoring altogether the positives. Given my complaints, I want […]

An honorable Republican

I’ve only voted for a Republican once (John Anderson, in a presidential primary in North Carolina), but if I lived in Vermont, I might vote for Republican governor Phil Scott: “Many point to his steady hand during crises, including last summer’s historic flooding and the pandemic, when he appeared in daily, low-key televised briefings to […]

Two Working-Class Candidates Launch U.S. Senate Runs

Who you might know better as a proponent of better care for veterans, Steve Early is backing two candidates for the Senate. In Nebraska opposing Repub Deb Fischer, steamfitter Dan Osborn. Running in West Virgina is grandson of a coal miner and veteran Zach Shrewsbury against coal baron Jim Justice. Some down to earth populist […]

Soft Landing II

I promised a second entry in the series, Soft Landing this time it’s monetary. The question is why didn’t the FED’s monetary tightening cause a recession. There certainly was tightening, the Federal Funds rate rose from 0.07% to 5.33% There certainly were people who predicted a recession in 2023 (hey they still have 4 days […]