from Baseline Scenario Three myths about the consumer financial product agency by Elizabeth Warren is well written and timely at Baseline Scenario. I’ve written a lot about the creation of a new Consumer Protection Financial Agency (CFPA), starting with an article I wrote in the Democracy Journal in the summer of 2007. My writing has […]
by divorced one like Bush In this debate on how to finance health care, we are hearing about the costs to deliver health care and how to bring them down. Mass is now proposing a capitated payment system that will be government created. It is the latest fix to a herald “fixed” problem. Which begs […]
rdan Jeff Sharlet and The Family from a Salon post: Today’s roll call is just as impressive: Men under the Family’s religio-political counsel include, in addition to Ensign, Coburn and Pickering, Sens. Chuck Grassley, R-Iowa, and Jim DeMint and Lindsey Graham, both R-S.C.; James Inhofe, R-Okla., John Thune, R-S.D., and recent senators and high officials […]
Nationality Act of 1940: Nipping wingnut memes in the bud by Bruce Webb on Dec. 7, 2008. I guess flowering happens.
OR; HR3200 Sec 102 revisited. by Bruce Webb We first visited the health care reform meme sweeping the right wing of the Blogosphere with this post HR3200 abolishes private health insurance. This seemed at first to be a simple confusion of the limits of the following from Sec 102 of the legislation: 1) LIMITATION ON […]
Robert Waldmann is honestly puzzled by this post by Brad DeLong. Brad notes that firms don’t seem to be hoarding labor and goes on to predict a jobless recovery. We Are Live at The Week with “The Jobless Recovery Has Begun”.. “Okun’s Law.” Here is the gist: if GDP (production and incomes, that is) rises […]
by cactus A Review of the First Half of Bailout Nation Barry Ritholtz is on my mind. I started reading Bailout Nation, Barry Ritholtz’s book (with co-author Aaron Task) about the mess we’re in, and I’m about half through. Its an easy read, and yet very informative, even though I’ve been following the whole mess […]
rdan Pujo Committee (1912-13) transcripts at the St. Louis Fed look interesting. In 1912, a special subcommittee was convened by the Chairman of the House Banking and Currency Committee, Arsene P. Pujo. Its purpose was to investigate the “money trust,” a small group of Wall Street bankers that exerted powerful control over the nation’s finances. […]
rdan McClatchy reports: The final installment of a three-part increase in the federal minimum wage is proving to be the most controversial. Two previous wage hikes, one in 2007, the other in 2008, pushed the federal wage to $5.85 and then to the current $6.55 an hour. The third, which goes into effect Friday, will […]
by Bruce Webb Press release from the House Ways and Means Committee dated Saturday July 18th. CBO Scores Confirms Deficit Neutrality of Health Reform Bill Washington, D.C. — The Congressional Budget Office (CBO) released estimates this evening confirming for the first time that H.R. 3200, America’s Affordable Health Choices Act, is deficit neutral over the […]