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

What to Do When a High-Profile U.Chicago Economist Says the Airline, Telephone and Package-Shipping Industries Prohibit Use by Preexisting Flyers, Callers and Shippers: If you’re a liberal, take this ball and run with it!

There’s no question that the Affordable Care Act’s rollout has been “rocky,” to borrow the common parlance of the Beltway. The Web site troubles and shifting health coverage for some Americans, despite over-assurances from President Obama during the 2010 political debate, have naturally turned off some people. A much-ballyhooed poll from CNN yesterday shows that […]

Sunday Reads

Senator Elizabeth Warren introduces bill to stop credit checks in job application process “A bad credit rating is far more often the result of unexpected medical costs, unemployment, economic downturns, or other bad breaks than it is a reflection on an individual’s character or abilities,” Senator Warren said. “Families have not fully recovered from the […]

Trans Pacific Partnership

Trans Pacific Partnership is Not Especially Important Paul Krugman argues that the Trans Pacific Partnership is no big deal: I’ve been getting a fair bit of correspondence wondering why I haven’t written about the negotiations for a Trans Pacific Partnership… The answer is that I’ve been having a hard time figuring out why this deal […]

Bezos and the CIA

Via Alternet comes this reminder: News media should illuminate conflicts of interest, not embody them. But the owner of the  Washington Post is now doing big business with the Central Intelligence Agency, while readers of the newspaper’s CIA coverage are left in the dark. The Post’s new owner, Jeff Bezos, is the founder and CEO […]

HOW MUCH INTEREST DOES SOCIAL SECURITY PAY?

By Dale Coberly HOW MUCH INTEREST DOES SOCIAL SECURITY PAY? A reader asked what interest does Social Security pay on your “investment”?  I think it is important to realize that this is not the important question about Social Security.  Social Security is an insurance program and it doesn’t make any more sense to talk about […]

Of Course the Safety Net Redistributes Income…That’s Why It Works

Via Economist View comes Mark Thoma’s statement My latest column: Of Course the Safety Net Redistributes Income…That’s Why It Works: Many conservatives have attacked social insurance programs such as Social Security and Obamacare because they redistribute income from the rich to the poor, the young to the old, or from makers to takers. But there […]

More On the Real Reason Healthcare Insurance Companies Are Now Encouraging Obamacare Enrollment

In light of some of the comments to my post yesterday arguing that that the real reason that healthcare insurance companies are now madly encouraging Obamacare enrollment is fear of a pro-public-option or pro-single-payer political juggernaut, I want to make clear that by single-payer I do not mean Medicare-for-all.   Single-payer would be, in essence, “the […]

The Real Reason Healthcare Insurance Companies Are Now Encouraging Obamacare Enrollment: Fear of a pro-public-option or pro-single-payer political juggernaut

I’ve expected this for some time, and here it is: The Wall Street Journal reports that insurance companies are set to unleash hundreds of millions of dollars in advertising to entice potential customers on to the exchanges created by Obamacare. As the Journal puts it: Insurers … are capitalizing on an unprecedented opportunity in a […]

Sunday Reading

Emerging Strategy for the DEMS; Karoli at Crooks and Liars, Dems Strategy on Extending Unemployment Insurance  Dems will leverage their votes to pass the Farm Bill for an extension of Unemployment . “Now that Congress is set to leave town even as unemployment benefits for 1.3 million Americans are set to expire just after Christmas, […]

The Affliction of Judicial Affluenza [Updated]*

I normally don’t post here about high-profile news stories on which I have nothing, really, to add to what has been reported extensively in news stories or argued in opinion pieces in the mainstream media.  So my first inclination when I saw an email from Dan Crawford yesterday suggesting that I post on the affluenza […]