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

“Libertarian Koch brothers have taken tens of millions in subsidies UPDATED

The Cato Institute, originally the Charles Koch Foundation, is one of the most influential libertarian think tanks in the country. With both Charles and David Koch on its board of directors, Cato has produced numerous studies on the evils of corporate subsidies (which it calls “corporate welfare“), dating back at least to the 1990s. Supposedly, […]

31 Million Uninsured Under the PPACA . . .

Over at “Economists View,” Anne and Muses are having a discussion over why some 30-something million will be uninsured under the PPACA Paul Krugman: The Obamacare Shock. The conversation goes back and forth citing references without giving any real explanation of what the 31 million is composed of and why they will not be covered. […]

What Obligations Do Mainstream Media Editors (e.g., The Washington Post’s) Have to Bar Their Regular Political Columnists (e.g., Michael Gerson) From Stating Bald Misrepresentations of Fact?

Compare: When people realize that their most personal, sensitive, intimate, private health-care information is in the hands of the IRS that’s been willing to use people’s tax information against political opponents of this administration, then people have pause and they pull back in horror. — Michele Bachmann, on ABC News/Yahoo, May 20 (H/T Glenn Kessler, […]

Remember When the IRS Targeted Liberals?

by Linda Beale Remember When the IRS Targeted Liberals? Salon’s Alex Seitz-Wald has a story that provides additional context on the difficulty the IRS has in determining appropriate filters for political activity. See “When the IRS targeted liberals: Under George W. Bush, it went after the NAACP, Greenpeace, and even a liberal church,” (May […]

Rules? In a Knife Fight?!

Allan Marks, in a comment on a Krugman post, reminds me of one of my favorite scenes in filmdom. Krugman’s complaining that he doesn’t understand the rules that his detractors are arguing by, and Marks suggests he watch this (55 seconds): Is anyone else wishing our esteemed President knew the rules for knife fights? Cross-posted […]

The Internal Blue Cross/Blue Shield Revenue Service. Awesome!

“Since the I.R.S. also is the chief enforcer of Obamacare requirements, [Michele Bachmann] asked whether the I.R.S.’s admission means it ‘will deny or delay access to health care’ for conservatives. At this point, she said, that ‘is a reasonable question to ask.’ ” — Bob Unruh, Why Obama Released Embarrassing IRS Bombshell, WND Exclusive, May […]

Why, Yes! Of Course! The Voters Will Vote to End Social Security, Medicare, Dodd-Frank and the EPA Because the IRS Improperly Hassled Political “Social Welfare” Organizations and the DOJ Issued Sweeping Subpoenas of AP Phone Lines!

Well, that didn’t take long, did it? It began yesterday morning, with a Politico article by Jim VandeHei and Mike Allen, and an accompanying video by Allen, suggesting improper actions of the IRS resulting from its inability to adequately handle the tsunami of exempt-organizations applications, coupled with the DOJ’s overly aggressive use of its subpoena powers […]

Catch of The Day: Tim Duy

Carpe diem, indeed: Mr Bernanke’s own appointment in 2005 was a case in point. There were several candidates that year. According to people involved, then-President George W. Bush leaned towards Martin Feldstein, a former economic adviser to Ronald Reagan…. But Mr Feldstein was a director of the insurance company AIG, which restated five years of […]

Orrin Hatch on tax reform at the ABA–a predictable right-wing rant

by Linda Beale Orrin Hatch on tax reform at the ABA–a predictable right-wing rant Orrin Hatch was the keynote speaker for the ABA Tax Section luncheon today in DC. Having never heard the man in person, I was surprised at the bumbling nature of his speech. He came across as an old man reciting a […]