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

President Chauncey Gardiner: ‘Being There’ at the Bait-and-Switch [Updated]

But one of Trump’s campaign advisers suggested Wednesday that Trump might indeed change Social Security and Medicare — but only after he has been in office for a while. “After the administration has been in place, then we will start to take a look at all of the programs, including entitlement programs like Social Security […]

The Most Successful Trojan Horse Since the Trojan War

A key to beating Trump is to point out that on fiscal and other domestic policy at least, the election contest will not be to determine whether there will be another President Clinton or instead a President Trump.  There will be either a new President Clinton or a President Manafort. Every time Trump tries to […]

Religion and Tax–not an easy issue

by Linda Beale Religion and Tax–not an easy issue The Atlantic magazine has an article in the May 3 2016 issue asking “Should Courts Get to Define Religion?” The article deals with a Catholic shrine in Attleboro Massachusetts, Shrine of Our Lady of LaSalette, that covers almost 200 acres of land and includes what are […]

What Bernie Sanders is doing to help Hillary Clinton [UPDATED]

One charge against Sanders by the likes of Paul Krugman that I just could not abide—there were others, but this post is about this one—was that while Clinton was actively soliciting campaign funds for the Democratic Party to use for down-ballot candidates, Sanders was not.  In a post here about that a couple of weeks […]

Leave your Economic Modeling at Home when flying the “Doing What We Do Best” Airlines

Which appears to be taking ethnic looking civilians off their flights. Perhaps economists should not do their modeling on American Airline flights or for that matter other airlines. It seems one 40-year-old man with curly dark hair and olive skin coloring was quietly sitting in his seat scribbling calculations on a notepad. His seatmate on […]

Trump’s Solution to the Treasury Debt: Selling Mortgage-Backed Securities! (For federal lands.)

I would borrow, knowing that if the economy crashed, you could make a deal. — Donald Trump, during CNBC interview, yesterday   BRET BAIER: You’ve been very clear on the stump that you oppose any reform of Medicare, Medicaid, Social Security. Yet you told the Washington Post you would eliminate $20 trillion in U.S. national debt […]

Just watched Bernie Sanders’s speech at a rally in Louisville. It was one of the best speeches I’ve ever seen a politician give.

Sanders was at the very top of his game tonight in Louisville.  A genuinely beautiful speech, delivered in perfectly modulated tone, with a wonderful, mostly young group standing on the stage very close behind him and to his sides, and a crowd that several times broke into chants of “Bernie! Bernie!”.  I felt like I […]

SCOTUS Approves New Rules for FBI Hacking and Legislates New Law

In 2014, Joseph Hall explained why this could be an issue. “The US Department of Justice is seeking to drastically expand its abilities to search computers remotely through an obscure change in the rules of criminal procedure. This would have the effect of making it easier for law enforcement to remotely break into and search […]