by Linda Beale This is one of those weeks when almost everything has a tax angle. Let’s survey. Michael Jackson’s funeral Should taxpayers have to foot the bill for the…
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When Strawmen Collide: Biggs v Lind
by Bruce Webb Michael Lind wrote an interesting article for Salon that was picked up by the New America Foundation under the snappy title Let’s Cut Social Security to Pay…
Undercover in Burma
rdan Undercover in Burma by Michael Perelman My former student, Ryan Libre, snuck into Burma to meet with the Kachin Independence Army. He is one of my favorite students, even…
‘Headline’ Surplus/Deficit and ‘Headline’ Debt
…is in accord with their normal understanding. In the course of that discussion I was directed to the following paper by Michael Boskin. But I took away from it totally…
Capitalism deserves a better defense, or Reasons to Short the Old Firm, Pre-BK
…Michael Lewis and said “Buy potatoes” as Chernobyl was happening—knew exactly who was going to be Most Likely to Pay Off if you bought (again, common knowledge) some proverbially-undervalued far…
The sanctity of contracts…at your convenience
rdan Michael Perelman reminds us of the propaganda involved in selling the way the bailout is happening. Brenda Rosser said in comments… This article appears to be thinly-disguised propaganda. An…
Bestest Day of the Year: SSRR Day
…(aka Commissioner Michael Astrue) has not actually delivered his special SS Egg, and gosh who knows, given that we are still in transition from the old Administration and that three…
Wasting the Plenty
by cactus Wasting the Plenty Via Atrios, this piece of bad news from Michael Kranish at the Boston Globe: The federal agency that insures bank deposits, which is asking for…
NYT asks when will it end?
…burst. Of course there is one response titled: Stop the Bailouts. Can you guess the ideology? (Hint.) Calculated Risk highlighted STEPHEN S.ROACH (Chairman of Morgan Stanley Asia), A. MICHAEL SPENCE…
Inflate it Away ?
Robert Waldmann Michael Kinsley suspects that the US government might decide to inflate its debt away. “Just three or four years of currency erosion at, say, 10 percent a year…
