by Bruce Webb Family values/patriarchy; Property rights/inheritance; Public order/tradition; External defense/xenophobia. Taken individually and in combination I think they serve to explain the essential unity of the various divides of modern conservatism into paleo-Cons, neo-cons, social values Cons, religious Cons, and perhaps most for my purposes the alignment of top level economic strata: bankers and […]
by Linda BealeNeal Bill: US companies use of affiliated reinsurers to avoid taxes US insurers are complaining about the Neal Bill, HR 3424, introduced Jul 30, 2009, which would disallow a deduction to a US company for “excess non-taxed reinsurance premiums” with respect to US risks that are “paid to affiliates” (quoted language is from […]
You may have noted that there are green links appearing in posts. This is a mistake on someone’s part and is not a feature Angry Bear endorses nor tolerates. I am in the process of finding out and correcting. It is being done separately from the normal editing function. Please be patient……. Update: Ah hah. […]
Lifted from an e-mail from coberly We learn why they hate social security: NCPSSM e-mail (update)Apparently, these are the “good-old days” our nation’s fiscal hawks relish. The Peterson Foundation’s David Walker co-hosted CNBC’s Squawk Box this morning (personally, we yearn for the good-old days when so-called “news” shows were hosted by journalists—not partisan advocates—but that’s […]
by Mike Kimel Looking at Mitch Daniel’s Single Organizational Goal So I took a break form useful work and wandered over to a few right wing blogs to see what’s going on at that end of the world. Here’s how the latest post at Betsy’s Page starts: Andrew Ferguson profiles Governor Mitch Daniels of Indiana. […]
by Linda Beale Crossposted with Ataxingmatter Carried Interest: Senate Getting Swayed by Lobbyists The Senate started discussion of the “extenders” legislation on Tuesday. IN the House version, HR 4213, there is finally a carried interest provision, though it is a weak one. (Recall that carried interest is the amount that managers of hedge, equity and […]
Robert Waldmann Nick Rowe asks a very interesting question. After the jump I attempt an answer Please read Rowe’s post first. The following will make no sense at all if you don’t (note reading Rowe’s post is a necessary not a sufficient condition for it to make sense). The short explanation is that Rowe finds […]
Late last month there was a debate among several bloggers over an article by Scott Sumner over US growth after the Reagan revolution. In the debate it was suggested that it would behelpful to do the analysis by looking at the various components of GDP–consumption, investment, government and trade . I was sidetracked on other […]
by Mark Thomaauthor for Economist’s View and Maximum Utility Where Will the Good Jobs Come From? I have emphasized short-run job creation quite a bit recently, and I have noted, implicitly at least, that we shouldn’t be too picky about the quality of the jobs that are created. Most jobs will do. But in the […]