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

Health Care Thoughts: What is a "health care economist."

by Tom aka Rusty Rustbelt Health Care Thoughts: What is a “health care economist.” During the past three years I have met several young “health care economists.” Clearly this is a hot topic. I try to be helpful when appropriate, but I often become quite skeptical, and often subtly ask some questions to test expertise. The […]

David Sirota Agrees with me on the Tax Reform "Secrecy" Scandal

by Linda Beale David Sirota Agrees with me on the Tax Reform “Secrecy” Scandal As I mentioned in an earlier post, Max Baucus has established a secret submission process for Senators to let him know what pet tax loopholes they want to retain (probably the ones that high-paid lobbyists representing corporations with operations in their […]

Putting money in the hands of people without creating more debt

People need money. That is the purpose of the Fed’s loose monetary policy. But there is no transmission mechanism that gets money into the hands of people. Money is predominantly created in the economy through loans and credit from banks. Banks have to make loans or extend credit in order for people to have more […]

Academia.edu Coding Fail

I was going to write a post called “Barack Obama Fellates the Shark, then Wonders Why It Bites Off His Lower Half,” but decided instead to go for comedy instead of pointing out that the 2014 midterms are going to make 2010 look like the peak of LibDem activism. Academia.edu is “a place to share […]

State Run and Free Healthcare Clinics ? ? ?

“For goodness sakes, of course the employees and the retirees like it, it’s free,” says Republican State Sen. Dave Lewis. 11,000 Helena state employees, retirees, and dependents now go to a state run healthcare clinic which is free. No co-pays, no deductibles, doctors are salaried, wait time is a few minutes, and visits are up […]

The People Lie Helpless, by Felix Santana Garcia

This is an article published yesterday by an acquaintance of mine who lives in the Dominican Republic, Felix Santana Garcia. He writes a weekly article for an online newspaper there. (I translated the article from Spanish.) The People Lie Helpless By FELIX SANTANA GARCIA * The author is a financial manager and university professor. Living […]

The headline juxtaposition boggles the mind

David Zurin from The Nation writes The headline juxtaposition boggles the mind: The headline juxtaposition boggles the mind. You have, on one day, “Detroit Files Largest Municipal Bankruptcy in History.” Then on the next, you have “Detroit Plans to Pay For New Red Wings Hockey Arena Despite Bankruptcy.” Yes, the very week Michigan Governor Rick Snyder […]