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

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Bail or re-sell after the bums are kicked out?

…the US economy. They made highly leveraged bets on assets backed by mortgages. …. If they can’t get away with the “no bailout” nonsense, the Wall Street welfare boys will…

Food responsibility is individual only, like lead paints?

…favor nutrient-dense rather than calorie-dense produce, and mandates insurance coverage for preventing and treating pediatric obesity. Parents must take responsibility for their children’s welfare by providing high-quality food, limiting television…

It’s the tax code stupid!

…and this makes me wonder what else is not in that tax code that use to be. All this bickering about entitlements, and the transfer of income, and welfare etc,…

Money from money? Not good.

…understanding resulting in the judgment of an economy, should be in how successful it is in fulfilling these two aspects of the constitution: insure domestic tranquility, promote the general welfare….

Chickens and the eggs…a parable or paradox?

…will find a way to reward politicians for “looking after their interests.” Besides, at a time when Congress is rightfully moving toward removing millions of able-bodied citizens from welfare rolls,…

More info for saving Michigan and Ohio

…goes on to predict based on the resultant low wages: we incur all the costs of mass insecurity, industrial conflict, ungovernability, and unproductive welfare spending evident in my analysis of…

Fixing the Fiscal Nightmare

…substantially cutting defense spending, identifying some “corporate welfare” that can be cut, and perhaps by reducing some non-Social Security entitlements. That would still leave you with an annual general fund…

Mean-Spirited

…budget-cutting package that would save nearly $40 billion over five years by imposing substantial changes on programs including Medicaid, welfare, child support and student lending. Note that this effort has…

Did Someone Say Spending Restraint?

…roughly $25 billion in earmarks was attached to the highway transportation bill alone. But pork can be found everywhere. There are a couple hundred billion dollars in farm and corporate-welfare