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??

(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. […]

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 […]

 by Linda Beale Levin proposed carried interest bill (HR 4016) Sander Levin has proposed H.R. 4016, which would characterize allocation of partnership profits in respect of a “profits interest” received for services–i.e., carried interest compensation– of investment fund managers as ordinary income subject to employment taxes rather than allowing it to be treated as a […]

An article in yesterday’s New York Times, which I think deserves much more notice than it seems to be getting,  says that last week, “Mr. Romney’s campaign held an elaborate “policy round table” fund-raiser at a Washington hotel, featuring panel discussions run by lobbyists [who are] former cabinet officials or members of Congress.” Today in the Detroit […]

What if Eisenhower’s budget were your (grandparents’) family’s? What if Kennedy’s were? How about LBJ’s?  Nixon’s? What if Reagan’s were your parents’ or your own family’s? How about G.H.W. Bush’s? Clinton’s? G.W. Bush’s? One of my pet peeves is the use by political reporters and pundits of sophistic or downright imbecilic supposed analogies.  (Like last […]

I just came across a fellow internet econocrank’s tax proposal, and find it quite interesting — especially its proposed progressive tax on net worth, which echoes the flat tax on financial assets that I’ve bruited. It also reflects many of the notions I suggested I’d implement if I was the Dictator of America.The basic problem […]

by Linda Beale U.S. Chamber and corporations fighting for low preferential capital gains rates A coalition of the U.S. Chamber of Commerce and large multinational corporations such as Altria Group Inc. and Excel Energy Inc. is trying to pressure Congress to retain the extraordinarily low current tax rates on unearned income that will expire at […]

Tim Duy body-slams St. Louis FRB President James Bullard: Estimates of potential GDP are not simple extrapolations of actual GDP from the peak of the last business cycles. They are estimates of the maximum sustainable output given fully employed resources. The backbone of the CBO’s estimates is a Solow Growth model. So I don’t think […]