To be sure, after distancing himself from Romney’s formulation, Bush launched into a speech that was loaded up with the usual anti-government boilerplate. Bush did say that “only a small portion” of Americans are “riding the economy’s up escalator,” in keeping with his apparent goal — which is shared by other GOP presidential candidates — […]
After Republican 2016 hopefuls spent a day struggling to finesse the vaccination debate, the 67-year-old Clinton weighed in roughly an hour before midnight: “The science is clear,” she tweeted late Monday. “The earth is round, the sky is blue, and #vaccineswork. Let’s protect all our kids. #GrandmothersKnowBest.” — Hillary Clinton, grandma-in-chief, Gabriel Debenedetti, Politico, yesterday […]
Jonathan (FBD) Weisman hands the mike to Paul Ryan who denounces Obama’s trickledown envy economics Mr Ryan [skip] also opposed “envy economics,” a hit on Mr. Obama’s proposals to curb tax breaks on huge individual retirement accounts, to raise the capital gains tax and to tax inheritances based on the value of assets when they […]
Tbe Italian parliament has elected Sergio Mattarella president of the republic. For US readers, the Italian President is like the constitutional monarch of the parliamentary republic. Actual controversial decisions are made by the prime minister (now Matteo Renzi). The president has great power in theory on the understanding that it is used only of the […]
This article via Yahoo news caught my attention: Five years into recovery, Dow Companies squeeze workers as investors thrive I think this picture spells it out rather well. “As the chart shows, the 30 huge companies that comprise the Dow Jones Industrial Average have barely nudged their employee ranks higher…” But this is even […]
US technology giant Apple has reported the biggest quarterly profit ever made by a public company. Apple reported a net profit of $18bn (£11.8bn) in its fiscal first quarter, which tops the $15.9bn made by ExxonMobil in the second quarter of 2012, according to Standard and Poor’s Wowww in one quarter Apple made 3/14ths of […]
Videos below the fold. I caught Edward Kleinbard the other morning on Cspan. He is a professor of law and business at USC and a fellow at the Century Foundation. His book: We are better than this: How Government Should Spend our Money. If you google his name, articles will come up from October 2014. […]
According to exit polls the leftist party Syriza clearly won the Greek elections Two exit polls show Syriza with a 12.5 percentage point lead over nearest party, New Demoracy. update a bit more: One poll suggested Syriza took 35.5% of the votes, and the other suggested it took 39.5%, well ahead of the ruling New […]
A month late, I learn from brilliant economist Simon Wren-Lewis about the 3.5 year late revelation of the utter contempt that then European Central Bank President Jean-Claude Trichet had for Democracy. I hand the microphone over to brilliant economist Paul DeGrauwe The ECB’s letter to the Spanish government is not the only one the ECB […]
Who or what is ‘Social Security Defender’? Well it is basically a G-mail account controlled by me: socsec.defender@gmail.com . Which is kind of pretentious and vainglorious on my part but does allow a platform for some attached products including the blog Social Security Defender and a Google Drive. In which as an experiment I have […]