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

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Changing News Broadcasting

…who contributes to Trump’s super PAC. And Trump? He allowed Ellison to buy CBS and now has the power to take the prized Warner Bros Discovery out of the clutches…

Taking his Cut

…this year between Netflix and Paramount for Warner Bros. Discovery, which Paramount won, contingent on regulatory approval. One can easily imagine Trump demanding a stake in the newly merged company…

Cui Bono? The Kindle

John Scalzi makes a clear case that Amazon’s determination to subsidize the Kindle is coming at the expense of Authors’s and their Publishers: This asinine jockeying over electronic book prices

Dean Baker Explains It All to You

…The most obvious question: is how will paying market price for near worthless assets prevent the collapse of zombie institutions like Bear Stearns, Lehman Brothers and AIG? These institutions needed…

It’s not just housing…but you knew that.

…that prices rising as sales decline is not unique to housing: Money quote from the ISM bossman: “When viewed from the manufacturer’s perspective, they are experiencing higher prices for their…