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

Turns out that farm subsidies aren’t the only federal program Joni Ernst won’t vote to kill if she wins that Senate race. There’s one more federal program she wants to keep.

Ernst likes FEMA and wants to keep it!  So does her father.  This even though some blue states benefit from it sometimes, too! Go figure. She won’t even squawk about appropriations for it.  Then again, she’s a turkey, not a chicken.  So she might cluck.   —- APPENDED: From the Comments thread here: EMichael / October 8, 2014 10:55 […]

Climate change, NY State bonds, and risk

The New York Times points us to a possible first in the state government bond market. My initial reaction was to wonder about flood insurance risk assessment by state, and wether our conversation might go beyond FEMA into more real areas of risk assessment. Mostly we seem to spend our time not avoiding risk but […]

The Public Learns Disaster Relief Was Etched Out of the Sketch. Uh-Oh.

MITT ROMNEY: “Every time you have an occasion to take something from the federal government and send it back to the states, that’s the right direction. And if you can go even further, and send it back to the private sector, that’s even better. Instead of thinking, in the federal budget, what we should cut, […]

Disaster Aid Disaster Averted, barely

By Linda Beale Disaster Aid Disaster Averted, barely. Once again, Republicans intent on obstructing the normal operation of the federal government unless they can extract cuts to programs they don’t like (in the name of deficit reduction) applied the combination of House recalcitrance and Senate anti-majoritarian filibuster to threaten a government shutdown and siderail needed […]

Federal emergency Aid and no borrowing of funds for relief efforts

If these words translate to actions in the Congress on emergency aid, I believe it is a significant departure from past policies. And Virginia, Cantor’s home state, is predicted to be impacted. We will know soon enough if political capital is spent on this idea. A spokesperson for House Majority Leader Eric Cantor (R-VA) said […]