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

Protecting The Fed

Mark Thoma has a post up on Facebook. Apparently, Trump intends to nominate Dr. Judy Shelton to the Fed. I knew Trump was bat-sh*t crazy and now he has confirmed he is bat-sh*t stupid too (if you did not already know this). It is hard to know which is worse as they come in a […]

WARNING: another “debt ceiling debacle” is looming, and could cause nearly immediate recession

WARNING: another “debt ceiling debacle” is looming, and could cause nearly immediate recession It’s time to start to get seriously worried about another “debt ceiling debacle.” In 2011, the GOP refused to authorize a “clean” debt ceiling hike. The hike in the debt ceiling, for those who may not know, is necessary for the US […]

Pence’s Potemkin Village on the Mexican Border

Pence’s Potemkin Village on the Mexican Border Merriam Webster defines a Potemkin Village as: an impressive facade or show designed to hide an undesirable fact or condition Mike Pence visited a Potemkin Village in Donna, Texas: Pence also visited a tent-like temporary detention facility in Donna, Texas, that holds unaccompanied children and immigrant families. The new and […]

Does Turkish Lira Decline Mean Turkey Leaves NATO?

Does Turkish Lira Decline Mean Turkey Leaves NATO? Probably not, but Turkey is about to receive Russian S-400 missiles against US demands.  More signifigantly the US will kill high level US F-35 agreements, and will not fly US planes over Turkey if it uses the Russian systems.  This threatens Turkish membership in NATO. The immediate […]

The Mutt Speech

One Mutt’s Speech for You to think about after celebrating the long Weekend from the nationalistic holiday called the Forth of July while others are fleeing terror and violence. John Winger: “Cut it out! Cut it out! Cut it out! The hell’s the matter with you? Stupid! We’re all very different people. We’re not Watusi. […]

Destroying Social Security to Save It

Connecticut Representative John Larson Proposes Plan To Destroy Social Security In Order To Save It, by Dale Coberly Connecticut Congressman John Larson introduces H. R. 860, Social Security 2100 Act which will cuts taxes, strengthen benefits, prevents anyone from retiring into poverty, and ensure Social Security remains strong for generations. larson.house.gov It sounds good, but […]

On Gerrymandering: “The United States shall guarantee to every State in this Union a Republican Form of Government”

On Gerrymandering: “The United States shall guarantee to every State in this Union a Republican Form of Government” Previously I have written that the Fourteenth Amendment specifically provides for a reduction in representation for any state that engages in voter suppression. Section Two of the Fourteenth Amendment provides in part: “[W]hen the right to vote at any […]