William Keller who until recently was executive editor of The New York Times asserts that Venezuela is a neighbor of Peru. A screenshot and a geography lesson are after the jump. I am following Glenn Greenwald, via Brad DeLong and was scooped on breaking geography news by Tim Dickonson and DeLong commenter GvaGuy The explanation […]

UPDATE NOTE: The following isn’t complete. Many of my notes from the latter part of today’s interview can be found on Twitter, hashtagged #Immelt. At the moment, I both (1) don’t have easy access to them and (2) have other things that need to be done. Feel free to look there, and/or mention anything you […]

By Michael Halasy Super Committee and GME funding SO, about that super committee. Surely you remember, the gang of 12 that was created by the showdown over the debt ceiling this summer. Well, they’re hard at work but among the proposals out there, is one that is causing some grave concerns. As a health workforce […]

An op-ed in the Washington Post points to an idea worth exploring: For all the talk of populist foment – the Tea Party on the right and the new Occupy Wall Street movement on the left – business interests remain firmly in control. Forced to choose between their voters and their donors, lawmakers don’t hesitate […]

The cause of that “small tax bill”: Immelt said a small tax bill for 2010 was due to more than $30 billion in losses related to GE’s financial services business during the financial crisis. In 2009, GE Capital’s losses were so large that it company overall lost money on its U.S. operations. GE’s federal taxes, […]

GE stock performance under Jeff Immelt, with market indices: More later…

by Dale Coberly WHAT KOTLIKOFF (REALLY) SAID Larry Kotlikoff responded to my post in comments (Social Security: It’s Just Math). by saying that I (coberly) “wrote quite a lot about something I [Kotlikoff] didn’t really say.” He has a point. I based my speculations about where he obtained his misleading numbers on an NPR summary […]

As part of my continuing series of Analogies that Should Be on the SAT, this is what Famous Entrepreneurs do (h/t Brad DeLong): In the IBM PC era, Steve drove innovation forward with the Macintosh. This, like the Apple II, was squarely aimed at expanding the use of PCs to everyone, the “computer for the […]

Your intrepid if somewhat tardy correspondent confirms the number one story at www.washingtonpost.com. The OWS demonstration in Rome provided cover for people who like to smash and burn things (the black block). This is the line of Rome’s right wing mayor and the right wing minister of the interior. Being late, as usual, I missed […]

OMB Watch points us to the idea that: Financial Taxes Can Raise Revenues, May Help Stabilize Markets The congressional Super Committee, tasked with forging a $1.2 trillion deficit reduction package by Thanksgiving, is currently deliberating on which revenues — if any — to raise and to include in its plan. With Wall Street at the […]