This site, Remapping Debate, by Colombia Review Journalism shows some promise for information. Here’s a piece missing from the debate on the impact pension cuts on a consumer and credit driven economy (Coming boomer pension cuts…what impact on the economy, by Diana Jean Schemo) might have on the Great Recession. It is long and has […]
Make your bets for Tues. elections
There’s a reason for this. After the (wholly justified, understated) bitterness of my last post, a moment of cheer: An old friend of mine is in the process of losing his job. Now, normally I wouldn’t celebrate anyone—let alone a friend—losing a job, but, you see, he sells medical insurance in Texas and Indiana. And […]
by Beverly Mannlifted from an e-mail, used with permission of the author of the blog The Annarborist This article in the New York Times on this one page court order by the Supreme Court elicited the following response from Beverly Mann: “Eric M. Freedman, a law professor at Hofstra University, said that the lesson of […]
by Barkley Rosserlifted from Econospeak Deleterious Doodling About The Deficit: What Else Is New? Department In today’s Washington Post business section, Lori Montgomery has a big article on “A renewed focus on spending,” starting with how the GOP is making noises about cutting spending to cut the deficit without raising taxes, while not mentioning anything […]
How 720 became the new 680? article in the Washington Post drew the following reaction from Tom: Credit: A Vicious Spiralby Tom aka Rusty Rustbelt Somehow over the years I became known as a bit of an expert in personal financial planning, I suppose the tax background plus getting dragged into senior financial planning (via […]
I doubt even the Internet’s self-appointed Chief Geithner Apologist will be foolish enough to stand by him after this piece of shite: Some people just don’t like movies with happy endings. How else to explain this week’s report by the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP)? Rather than […]
by Linda Beale UBS and other ? offshore bank accountscrossposted with Ataxingmatter The government’s dismissal of a criminal information against UBS filed in Florida– United States v. UBS AG, No. 09-600333-CR-COHN, Dismissal of Information, Oct 22, 2010– leaves the tax cognoscienti wondering what the next step in its fight against secret offshore bank accounts will […]
Lifted from comments at Economix on the distorted comparisons of public versus private wages: These BLS data have been frequently cited to support the claim that public sector workers are paid more than private sector workers. However, as described at a February 2009 conference sponsored by the Federal Reserve Bank of Chicago, the wage differentials […]