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

Despair and hope with the same words

A palindrome reads the same backwards as forward. This video reads the exact opposite backwards as forward. Not only does it read the opposite, the meaning is the exact opposite. This is only a 1 minute, 44 second video and it is brilliant. Make sure you read as well as listen…forward and backward. This is […]

Topical thread June 8,2010 Angry electorate?

Democrats/Republicans face angry electorate is the early lead at MSNBC for this day of ‘important’ primaries. Yet what issues matter most to these groups of angry people? Just the tea party? Dismay with Pres. O’bama? Vote for John Boehner clones? Righteous perfected Christians? Unemployed versus employed? Can a deficit crow even be heard over the […]

American Jobs, Closing Tax Loopholes and Preventing Outsourcing Act of 2010

by Linda Beale Extension Bill and Carried Interest: American Jobs, Closing Tax Loopholes and Preventing Outsourcing Act of 2010 [Ataxingmatter is back online after a break for the Chicago Law and Society Conference] Last Friday, the House passed the extenders bill, HR 4213, the American Jobs, Closing Tax Loopholes and Preventing Outsourcing Act of 2010, […]

A story of the little guy in publishing

I thought that since book publishing has been a theme at Angry Bear with Mike’s book Presimetrics, and in light of other books from Angry Bear authors a possibility, the story seemed interesting. Also Angry Bear has quite a few readers who are also ‘engineers’ who also might be interested to hear about his story […]

The Regulation Crisis

Hat tip to Mark Thoma for pointing us to The Regulation Crisis by James Surowiecki. The obvious problems of graft and the revolving door between government and industry, in other words, were really symptoms of a more fundamental pathology: regulation itself became delegitimatized… This view was exacerbated by the way regulation works… Too many regulators, […]

Gulf Oil Spill: time to revise resource tax policy; how about a BEST surcharge?

by Linda Bealecrossposted with Ataxingmatter Gulf Oil Spill: time to revise resource tax policy; how about a BEST surcharge? The oil spill in the Gulf continues, wreaking hazard along the Gulf coast and threatening the Atlantic coastline as well. Birds, fish, sea flora and fauna are all threatened. Tourism and fishing face enormous economic costs. […]

A Gap Not In Time But In Judicial Veracity

by Beverly Mann A Gap Not In Time But In Judicial Veracitycrossposted with The Annarborist “Talk of judicial activism tends to focus on results, but the Guggenheim case shows that maybe we should talk a little bit more about method.”—Doug Kendall and Elizabeth Wydra, “Torturing the Law: Jay Bybee models conservative judicial activism in the […]

Unemployment During the New Deal

by Mike Kimel Unemployment During the New Deal Cross posted with the Presimetrics Blog. This is not the post the post I was planning to write this weekend, but frankly every time I post something that touches on FDR, people get ahold of me with the same canard: unemployment in the U.S. was somewhere around […]

LeMieux Amendment Passed

Robert Waldmann I completely missed this. From the final House Bill, click through (I can’t direct link) or find in the pdf “SEC. 6009. REMOVAL OF STATUTORY REFERENCES TO CREDIT RATINGS.” This removes the references to NRSRO from federal agencies and the law. The LeMieux amendment is the language of SEC. 6009 from the House […]