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

I’ve diagnosed the problem (with Clinton’s campaign; one of the problems, anyway): She keeps coming up with vapid soundbite lines that in the context of this primary contest are ridiculous. Like “It’s easy to diagnose the problem. You’ve got to be able to solve the problem.”

I’m getting really good at recognizing instantly the latest vapid or ridiculous soundbite that Clinton has settled on and will be repeating again and again.  So I detected her latest one the moment she introduced it at last Thursday’s debate: It’s easy to diagnose the problem. You’ve got to be able to solve the problem. […]

Krugman The Clairvoyant

[Paul Krugman] has a negative view of Bernie Sanders “Why I Haven’t Felt the Bern “ which links to his column on insulting Dixie. The post is brief and a bit odd — Krugman criticizes Sanders for: “… the casual adoption, with no visible effort to check the premises, of a story line that sounds good. It’s all […]

A question looming before the debate last night was: Which of two mutually exclusive positions Clinton has taken recently on Dodd-Frank’s too-big-to-fail provision would she repeat in the debate? The answer: Both. [Updated 4/16]

As for Clinton herself, her bandwagon-jumping nature is a big reason why so many people dislike her.  But in this instance there was the additional element of dishonesty: she knew that Sanders rather than the editorial board members had it right about what Dodd-Frank provides. She had said so publicly, recently, in a statement in […]

Would you want Hillary Clinton as your home-mortgage broker? (This is a serious question, although it has nothing to do with actual mortgages. I don’t think.)

As for Clinton herself, her bandwagon-jumping nature is a big reason why so many people dislike her.  But in this instance there was the additional element of dishonesty: she knew that Sanders rather than the editorial board members had it right about what Dodd-Frank provides. She had said so publicly, recently, in a statement in […]

Paul Krugman Retracts a Key Part of Last Friday’s ‘Sanders Over the Edge’ Op-ed: That Sanders, rather than the New York Daily News editorial board members, don’t know what Dodd-Frank authorizes the federal government to do concerning ‘systemically important’ (a.k.a., too-big-to-fail) financial institutions. Good for him.

Which brings us to Snoopy, who has, for reasons I don’t fully understand, long been the emblem of the insurance giant MetLife. “At the end of 2014 the regulators designated MetLife, whose business extends far beyond individual life insurance, a systemically important financial institution. Other firms faced with this designation have tried to get out […]

Why did Paul Krugman and the Washington Post editorial board—both of whom know better—misrepresent that it was Sanders rather than the New York Daily News editorial board that was wrong about what Dodd-Frank provides, and about whether it would be Treasury or instead the financial institutions themselves that would determine the method of paring down?

As Dean Baker and several (mostly) alternative-media and hobbyist bloggers—including actual experts on Dodd-Frank and on financial-institution governance—have noted since the New York Daily News editorial board released a transcript last Tuesday of its interview with Bernie Sanders, it was not Sanders but instead members of that editorial board who were deeply confused about what […]

Clinton admits she failed to do her homework, and therefore misunderstood, when she stated at the February debate that Dodd-Frank already authorizes the Treasury Dept. to force too-big-to-fail banks to pare down and that therefore no further legislation authorizing it is necessary. That’s quite an admission by her, and the New York Daily News editorial board (and the Washington Post’s Chris Cillizza) should take note.

A notion is rapidly crystallizing among the national media that Bernie Sanders majorly bungled an interview with the editorial board of the New York Daily News.His rival, Hillary Clinton, has even sent a transcript of the interview to supporters as part of a fundraising push. A close look at that transcript, though, suggests the media may […]

Oh, Dear.

[GLENN] THRUSH: When [Sanders] puts his head on a pillow at night, do you think he goes to sleep a Democrat? CLINTON: [Laughs] Well, I can’t answer that, Glenn, because he’s a relatively new Democrat, and, in fact, I’m not even sure he is one. He’s running as one. So I don’t know quite how to characterize […]

The Problem That Clinton Should See and Solve: Her misconception of what, for a huge number of voters, this year’s presidential campaign is about

And for me, it’s all about getting results. When I joined with parents and doctors and community leaders to take on the epidemic of children’s asthma right here in Harlem, it wasn’t about making a point; it was about making a difference. — Hillary Clinton, speaking at the Apollo Theater in Harlem, Mar. 30 When […]

An interesting coincidence: Cruz beat Trump and Sanders beat Clinton in Wisconsin by identical percentages

Each won by 13.2%. ____ UPDATE: I posted his when 99% of the vote in each primary was counted.  Now, with 100% in both primaries counted, Cruz’s victory margin remains at 13.2%.  Sanders’s is 13.3%. Added 4/6 at 10:32 a.m.