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

Congressional Republicans looking Out for Your Health, Healthcare Insurance, and Their’s Too . . .

One Happy Republican House Representative If you have not been paying attention, it looks like the Republicans are getting ready again to submit another version of a PPACA/ACA repeal bill. New Jersey Republican Representative Tom MacArthur is proposing an amendment allowing states to opt out of key PPACA requirements. For example: – Preventative Care: The […]

The real world

Via Diane Ravitch’s`blog comes this bit of news…the real world is business is a meme underlying our conversations in politics. Well, this is good news! Ohio Governor John Kasich’s proposal that teachers should be required to “job shadow” a business to learn about “the real world” has been shot down (thanks to Ohio Algebra Teacher for […]

Tax Justice Network Taxcast, March 2017: Brexit and Tax Havens; Losses to Tax Avoidance

by Kenneth Thomas Tax Justice Network Taxcast, March 2017: Brexit and Tax Havens; Losses to Tax Avoidance Will Brexit harm the City of London’s tax haven? With weak regulation, money laundering, and satellites like BVI, Cayman Islands, and Jersey, everyone knows it’s already a tax haven. The UK is threatening to be more of a […]

7 Islands and 3 Branches

Jeff Sessions said “I really am amazed that a judge sitting on an island in the Pacific can issue an order that stops the President of the United States from what appears to be clearly his statutory and constitutional power,” There has been considerable discussion of the phrase “an island in the Pacific”. With that […]

The Blood of Christ

I recently saw a rather alarming poster advertizing a blood drive The title is “donate blood and follow your artistic inclinations” which, given the image, I interpreted as “donate blood and faint, so that you are inclined head down just like the recently crucified Christ. You will be resurrected too (by some fluids not the […]

Real wages and spending: I don’t think consumers will roll over that easily (part 2)

by New Deal democrat Real wages and spending: I don’t think consumers will roll over that easily This is the second part of a post about “hard data” and consumer spending. (Dan here…First part here) Yesterday I noted that self-reported consumer spending, as measured by Gallup, has been running 10% or better YoY since the […]