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

Ryan opinion on rape and abortion

Via Alternet: After the Akin brouhaha, Paul Ryan was asked his opinion on rape and abortion. He said that “the method of conception doesn’t change the definition of life.” Gottalaff wrote at the Political Carnival about where this easily deployed logic actually ends up: So rape is just, you know, another way to conceive. There’s […]

ONE NATION UNDER AARP….a review

A book review by Dale Coberly ONE NATION UNDER AARP  The Fight Over Medicare, Social Security, and America’s Futureby Frederick R. Lynch I was asked to write a review of this book, perhaps because I sometimes write about Social Security. But I had to completely rearrange my perspective in order to even understand what the […]

The Federal Bailout That Saved Bain Capital & Mitt Romney

The Federal Bailout That Saved Bain Capital & Mitt Romney Government documents prove the candidate’s mythology is just that by: Tim Dickinson Mitt Romney likes to say he won’t “apologize” for his success in business. But what he never says is “thank you” – to the American people – for the federal bailout of Bain […]

Republicans Embrace Gold to Hedge Non-Existent Inflation

Worth a post but this one is an item of information for gold bugs (hat tip J. McCord) From Bloomberg: Republicans Embrace Gold to Hedge Non-Existent Inflation The platform the party adopted yesterday at its national convention in Tampa, Florida, calls for a commission to investigate a possible “metallic basis for U.S. currency.” The move […]

Top Nine Contributors to the Candidates:

Top Nine Contributors to the Candidates: 1. SHELDON & MIRIAM ADELSON, CONSERVATIVE $38.8 MILLION2. HAROLD & ANNETTE SIMMONS, CONSERVATIVE $15.7 MILLION3. BOB PERRY, CONSERVATIVE $12.0 MILLION4. NAT’l EDUCATION ASSC. LIBERAL (3 million members) $5.3 MILLION5. SERVICE EMPLOYEES INTERNATIONAL UNION, LIBERAL (2.1 million members) $3.7 MILLION6. PETER THIEL, LIBERTARIAN $3.9 MILLION7. FRED EYCHANER, LIBERAL $3.7 MILLI […]

Romryanomics–prosperity for the well-off fueled by austerity for the rest

by Linda Beale Romryanomics–prosperity for the well-off fueled by austerity for the rest I’ve put off writing about stilted robo-Romney’s choice of the perpetual-smily-Ryan as veep about as long as I can, I suppose.  So let me talk about it in broad terms in this post.  In the next posts, I’ll discuss more methodically the […]

The fallacy of privatization: anti-government screeds and the Romney agenda

by Linda Beale The fallacy of privatization: anti-government screeds and the Romney agenda As a prominent tax professor points out, Mitt Romney accumulated most of his additional wealth in a business that generally doesn’t do anything to increase national wealth. Mitt Romney accumulated his wealth as managing director of Bain Capital, a leveraged buyout fund […]