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

Defining "uprooted"

It rained and stormed a bit yesterday. After speaking with my insurance company, I am told the following: This is considered an “Act of G-d” (clearly, the OT version of same) Since the damage is almost all on my neighbor’s property (their fence, their swing set, their garage), it’s not covered under my policy. Since […]

Soc Sec XIX: Narratology of ‘Crisis’

I have said a number of times in posts and comments here that the numbers on Social Security are all extremely important, because paradoxically little of the debate about ‘crisis’ is number driven at all. Instead I want to argue that it is fundamentally an attempt to tell a story to sell a particular set […]

Who is minding this store?

by reader ilsm GAO 08-572T Testimony has an interesting observation which needs thinking about. There are good reasons that this testimony and the testimony in 621T are not supported by released GAO studies. Those being the investigators would likely need to call in the guys with gold badges, and government officers would go to jail. […]

Squashing news or interference in NASA reporting

OIG of NASA found a preponderance of evidence demonstrating Accordingly, the NASA Office of Inspector General conducted an administrative investigation to examine reports of alleged “political interference,” predominantly by senior NASA Headquarters Office of Public Affairs officials, with the work of NASA scientists pertaining to climate change—to include whether NASA inappropriately prevented one of its […]

WTO frames and real markets, real people. real rules

Dani Rodrik does a wonderful job framing politically framed economics and our American experience. Worth reading the whole thing. By overlooking the problems created by trade in instances where regulatory arbitrage does play an important role, we miss the opportunity to celebrate the kind of globalization where such arbitrage doesn’t play a role. The latter […]

Senator Obama chooses Jason Furman econ advisor

By: Divorced one like Bush From this story at Common Dreams comes the news that Senator Obama has chosen Jason Furman as an economic advisor. The story notes Mr. Furman’s fame for his defending of the Walmart model. The one that states Walmart is helping the less fortunate. I don’t buy it in the big […]

Comments being taken at the EPA

Welcome to the Partner Blog for the National Dialogue! June 5th, 2008 by admin EPA is holding an on-line discussion among state, tribe, and other federal partners of EPA, as well as the public to foster collaboration on information access. For this discussion, we are using a blog which is a more interactive and personal […]

Corn is just corn?

by rdan The Economist reports on troubles in Mexico around corn tortillas. Last year there were demonstrations about a significant rise in prices for corn tortillas. From research I learned that 50% of the people in Mexico earn $5 or less per day, with the corn tortilla being the mainstay of diet…Indeed, the average Mexican […]

GAO-08-782T

by rdan GAO 08782T and GAO-08-847Tor testimony at a congressional hearing on defense spending reports the following: …the Department of Defense’s (DOD) management of its major weapon system acquisitions—an area that has been on GAO’s high risk list since 1990. Prior to and since that time, Congress and DOD have continually explored ways to improve […]

Buffet’s Import Certificate idea. What about the people?

By: Divorced one like BushUpdate: Link for Import Certificates fixed Via Howard Richman’s blog comes this by idea by Buffet: Import Certificates. You have to read down a ways before he gets to the idea. “We would achieve this balance by issuing what I will call Import Certificates (ICs) to all U.S. exporters in an […]