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

“Independent” Foreclosure Review Error Rate Vastly Higher

Yves Smith points to more OCC serving bank interests (not a surprise) in “Independent” Foreclosure Review Error Rate Vastly Higher Than Previously Admitted and well worth reading as usual: At this point, it seems hard to add insult to injury, given the terrible track record of the OCC Independent Foreclosure Reviews. But it’s nevertheless been […]

Kudos to Ross Douthat for his rebuttal to David Brooks on Piketty. Now, who will rebut Douthat about recent tax-policy history?

It turns out that Paul Krugman is not the only NYT columnist/blogger who reads Angry Bear. Ross Douthat does, too! Okay, seriously: Douthat’s delicate-ballet filleting of Brooks’s take on Piketty is priceless. Now, maybe someone can fillet Douthat’s take on tax-rate increases for “Americans making (or inheriting) in the $100,000-$500,000 range,” which, he says, “is […]

Gail Collins (and me): Free Us From ‘Freedom’

To be fair, I don’t think Hannity had any idea about Bundy’s racial theories. However, it’s generally a good idea to be wary of lionizing people who go around saying: “I don’t recognize the United States government as even existing.” Anyhow, Cliven was toast, although he did make an appearance on CNN, in which he […]

The David Brooks Phenomenon: He does ‘rewrite’ for Megan McCardle! [UPDATED]

Piketty wouldn’t raise taxes on income, which thriving professionals have a lot of; he would tax investment capital, which they don’t have enough of. — David Brooks, The Piketty Phenomenon, New York Times, today Alexandra Petri has a trademark-funny piece today in the Washington Post that she promises tells you “[e]verything you need to know […]

Now That the Supreme Court Has Found a Right to Vote in the First Amendment, Are State Laws Denying the Vote to Convicted Felons Unconstitutional? You Betcha.

“There is no right more basic in our democracy than the right to participate in electing our political leaders.”  That’s how Roberts began the opinion. So I guess we can now assume that the Court will strike down all those voter-ID laws that so clearly impact that most basic of rights, and will do so […]

SCOTUSblog’s Problem: It’s Not Incorporated [OK, I’m sure it is, but you get the point.]

Last week, the Senate Press Gallery denied SCOTUSblog’s application for a press pass, and advised us that it would refuse to renew the credential it had previously granted Lyle when it expires next month.  We were disappointed in that decision, and we are grateful for the support that we have received through social media, emails, […]

Picking on Pollsters

It’s only April and I am getting poll addicted already. Sorry to bother you, but I’d like to update my views on some Pollsters whom I suspect of Republican bias (in the statistical sense).

Can the SEC prohibit publicly-traded corporations from making political expenditures (and, eventually, direct campaign contributions) unless the corporation first gets approval from a majority of shareholders?

It’s already become something of a favorite parlor game among liberals, especially among liberal law geeks, to speculate about when the Supreme Court will strike down state and federal statutes that prohibit corporations from making direct campaign contributions to candidates and political parties. In Citizens United, the court killed statutory bars to corporate and union political […]

How Much Will You Pay for Health Care in 2015? What You Need to Know About Healthcare Inflation

Maggie Mahar: You probably have seen headlines like this one: “O-Care premiums to skyrocket.” The warning, which was posted on The Hill, seemed designed to cheer conservatives distraught by Obamcare’s enrollment numbers. It began by announcing that next year, “premiums will double in some parts of the country. The sticker shock will likely bolster the […]