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

Senator Warren to Senate Republicans; If you do not like the choice of being shot or taking poison, then “Do Your Job”

A question to Senator Lindsey Graham by “The Daily Show’s” Trevor Noah asking why he endorsed Cruz for the Republican Presidential candidate over Trump. Earlier, Noah ran a clip of Graham stating it was a choice between getting shot or being poisoned and the reasoning for the choice of Cruz was there may be “an […]

I highly recommend this op-ed piece in today’s Washington Post

It’s by Zachary Karabell, who heads a hedge fund and has authored a book.  The article’s title is somewhat misleading, describing the less important of the two topics the piece discusses. ____ CORRECTION: This is from the comments thread: Kevin Meyer April 8, 2016 12:33 pm FWIW, Karabell does NOT ‘head’ or otherwise run a […]

Clinton admits she failed to do her homework, and therefore misunderstood, when she stated at the February debate that Dodd-Frank already authorizes the Treasury Dept. to force too-big-to-fail banks to pare down and that therefore no further legislation authorizing it is necessary. That’s quite an admission by her, and the New York Daily News editorial board (and the Washington Post’s Chris Cillizza) should take note.

A notion is rapidly crystallizing among the national media that Bernie Sanders majorly bungled an interview with the editorial board of the New York Daily News.His rival, Hillary Clinton, has even sent a transcript of the interview to supporters as part of a fundraising push. A close look at that transcript, though, suggests the media may […]

Zero-Sum Foolery 2 of 4: Doomsday Climate Machine

by Sandwichman Zero-Sum Foolery 2 of 4: Doomsday Climate Machine We have met the doomsday machine and it is us. The “doomsday machine” became a household word after Herman Kahn speculated about building such a device in his 1960 book, On Thermonuclear War. Stanley Kubrick’s Dr. Strangelove: How I learned to stop worrying and love […]

Senator Elizabeth Warren in committee

U.S. Senator Elizabeth Warren Senate Republicans held a Banking Committee hearing today to talk about why we should roll back the rules on mortgages and credit cards because they’re just too costly for the banks. One of their witnesses, Leonard Chanin, had helped lead the Federal Reserve division that refused to regulate deceptive mortgages — […]

Oh, Dear.

[GLENN] THRUSH: When [Sanders] puts his head on a pillow at night, do you think he goes to sleep a Democrat? CLINTON: [Laughs] Well, I can’t answer that, Glenn, because he’s a relatively new Democrat, and, in fact, I’m not even sure he is one. He’s running as one. So I don’t know quite how to characterize […]