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

Budget stances

Lifted from reader rjs’s newsletter when comparing the Ryan outline and the Dem budget issues to be resolved: but this year, like each of the past three, that budget responsibility was again shirked, leaving us with government by “continuing resolution” which has resulted in as many as seven such short term funding bills in one […]

Damon Silvers Smackdown of CNBCs Kelly Evans and Simon Hobbs on Social Security

Damon Silvers appears to have his wheels on correctly answering two CNN talking heads on their version of Social Security. Kelly Evans: “Of course people want to make sure that our citizens are taken care of. But that’s almost not the point.” (It’s not?) Evans proceeds to assail Silvers and the AFL-CIO for refusing to […]

Weapons of mass deflection

Excepts from an interview with Richard Wolff ( Professor of Economics Emeritus at the University of Massachusetts, Amherst. And he is currently a Visiting Professor of the Graduate Program in International Affairs at the New School University in New York. Since 2008, he has been writing and speaking chiefly on the global capitalist crisis) from the […]

Thoughts on Matt Yglesias

Lifted from Robert’s Stochastic Thoughts I am going to put two comments on Matt Yglesias’s blog here.  I am somewhat concerned.  My previous view on Yglesias is that I agree with him except on monetary policy (and the effect on asset price of Abe/Kuroda and of FOMC hints of possible tapering on asset prices particularly […]

Health Wonk Review – Rich and Varied Offerings

Maggie Mahar reviews other blogs on healthcare within the blogosphere   Joe Paduda has hosted the newest edition of Health Wonk Review, a bi-weekly roundup of some of the best healthcare posts in the blogosphere. You will find it at Joe’s blog, Managed Care Matters.: Here are just a few highlights: Health IT is still […]

What is the POINT of this?

WASHINGTON — House Republicans on Tuesday put forward the outline of a response to a Senate proposal that would end the government shutdown and raise the debt limit into next year, but would also make some changes to the health care law. Under their plan, members of Congress and the cabinet would be compelled to […]

Default

Eric Cantor rules on the debt ceiling?  From Talking Points Memo comes this bit of knowledge on who can propose a vote on the debt. Under normal House rules, according to House Democrats, once that bill had been rejected again by the Senate, then any member of the House could have made a motion to […]

Columbus and the destruction of endless resources

by David Zetland (re-posted from Aguanomics) Columbus and the destruction of endless resources 14 October 2013 Today is Thanksgiving in Canada and Columbus Day in the US.[1] Both of these holidays touch on the topics of indigenous people, resource use and sustainability — and not in a good way.

The Countermajoritarian Difficulty and Congressional Ethics–Ending the Shutdown

by Linda Beale The Countermajoritarian Difficulty and Congressional Ethics–Ending the Shutdown [Edited to add Marcotte article on role of fundamentalism in Tea Party politics.] We have seen congressional ethics probes of Congressmen for exacting quid pro quo bribes from businessmen or for conflicts of interest or apparent failure to pay personal taxes.  What about failing […]

The Way to Stop Discrimination on the Basis of Race Is To Stop Discriminating on the Basis of Race. (Except, that is, when the discrimination favors whites over racial minorities.)

  The Way to Stop Discrimination on the Basis of Race Is To Stop Discriminating on the Basis of Race. — Chief Justice John Roberts, Jun. 28, 2007, writing for a four-justice plurality in Parents Involved in Community Schools v. Seattle School District No. 1. Given that statement of his own belief, and his concomitant […]