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

BREAKING NEWS: Bain Capital Really, Really, REALLY Did Not Want to Lend GM and Chrysler Money For Their Managed Bankruptcies!”*

Oookaaaayyy.  Normally when I receive an email message that I want to forward or mention elsewhere, I first ask permission of the emailer.  Not this time, though. The following email was sent to Angry Bear last evening, and forwarded to me by Ken late last night: On Wed, Feb 15, 2012 at 6:27 PM, Charlyn […]

Santorum’s Tax Returns Out

by Linda BealeSantorum’s Tax Returns Out News Sources report Santorum has released tax returns. I’m on my way to San Diego for the ABA Tax Section meeting, so haven’t had a chance to peruse. But a tax rate of around 25-27% for 2007-2010 on income ranging from $659,000 in 2007 to more than a million […]

BREAKING NEWS: Bain Capital Wanted to Lend GM and Chrysler Money For Their Managed Bankruptcies!***

**This appears to be incorrect. It was based on a story that CNBC has now updated. It was “Bain Consulting,” not Bain & Co., that advised the government on re-financing the automobile companies. — klh Ah!  Mystery Solved! Yesterday,in my post, “Crony Capitalism On A Grand Scale“—the title of the post borrowed from an op-ed […]

UPDATE to “What if Eisenhower’s budget were your (grandparents’) family’s?”

In my first of two posts yesterday, “What if Eisenhower’s budget were your (grandparents’) family’s?”, about an ABC News item from the evening before discussing Obama’s proposed 2013 budget, and propagating the truism, so popular among pols and pundits, that the federal budget is like a family’s, only with eight zeroes following total expenditures, income […]

Big government has various definitions, actually…

Peter Dorman at Econospeak reminds us of what is not discussed in this election cycle, the big government types taking more control. I would be much more bi-partisam than Peter. We also have the example of Virginia and their mandatory ‘transvaginal’ sonograms being inserted into the conversation. Except Texas beat them to it. And we […]

Attacking Iran

Glen Greenwald at Salon takes aim at the media coverage concerning our relationship with Iran and the barrage of coverage having little to do with real assessments. Lots of links.  But this Family Guy segment sums it up for me…  Any links to some real discussiom from readers??

Where are the investigators? Part one…

(hat tip David Zetland) for this informal note on the question of “Where are the investigative journalists?”. This comment is from a reddit thread and is a beginning to thoughts of how to take personal responsibility for change.  Eslader writes on reddit in response to the question of ‘Where are the investigative journalists?”: know? Ex-journo here. […]

Lt. Col. Daniel L. Davis

Rolling Stone (via Reader Supported News) points us to an op-ed in Armed Forces Journal  by Lt. Col. Daniel L. Davis and the pdf at Rolling Stone. Earlier this week, the New York Times’ Scott Shane published a bombshell piece about Lt. Colonel Daniel Davis, a 17-year Army veteran recently returned from a second tour […]