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

Deregulatory? Libertarian approach? Non dictatorial? Some humor is necessary

Jim Lehrer parody… Lehrer has defended his approach today. Of course, the debate format incentivizes particular behaviors for both men and their teams. Eyewitnesses tell their stories all over the web.  What is yours?

What? Romney’s Forgotten the Message That Wisconsin Voters Demand More Teacher Layoffs? So Soon?

Presumptive Republican presidential nominee Mitt Romney on Friday said that President Barack Obama’s call to hire more police, firefighters and teachers proved that he didn’t “get the message” from Republican wins in the recent Wisconsin recall elections. During a press conference earlier on Friday, Obama had called on Congress to pass a jobs proposal that would prevent layoffs and […]

Conflation and non sequiturs, thy name is Mitt Romney

Here’s an exchange between Tim Worstall and me in the comments to my post below titled “Spain. Please,Mr. Obama, talk about Spain. Please.”: WORSTALL: If you’re going to comment on the Spanish economy might help if you knew something about it. The big three banks, the equivalent of the Wall Street ones? They’re just fine.  […]

Spain. Please, Mr. Obama, talk about Spain. Please.

ROMNEY: Look, the revenue I get is by more people working, getting higher pay, paying more taxes. That’s how we get growth and how we balance the budget. But the idea of taxing people more, putting more people out of work, you’ll never get there. You’ll never balance the budget by raising taxes. Spain — […]

Richard Milhous Romney Gets Specific, Says He’ll Cut Out All Programs That Aren’t Worth Borrowing From China For

Yup. All those farmers in Iowa and Nebraska who’ve been waiting for the Farm Bill to pass are as nervous tonight as Richard Nixo … er … Mitt Romney was this evening during the debate, but their problem is different than his was.  Instead of babbling incoherently while wearing a frozen, glassy-eyed smile, the farmers […]

Mitt Romney’s Unintentionally Hilarious Tax Return FAQ

by Kenneth Thomas Mitt Romney’s Unintentionally Hilarious Tax Return FAQ Unless you’ve been in a coma, you have certainly heard about Mitt Romney’s release of his 2011 tax returns last Friday. You no doubt know that he and his wife did not claim all the charitable tax deductions they were due, so their tax rate […]

Romney’s Odd Definition of ‘Not Following the Law’

I don’t pay more than are legally due and frankly if I had paid more than are legally due I don’t think I’d be qualified to become president. I’d think people would want me to follow the law and pay only what the tax code requires. — Mitt Romney, speaking to ABC’s David Muir, July […]

A Couple of Questions for Romney Trustee Brad Malt and Former-IRS-Commissioner-cum-Romney-Testimonial-Provider Fred Goldberg

Between 1990 and 2009, the Romneys’ average annual effective federal tax rate was 20.2 percent, according to [notarized tax return summaries by Romney trustee Brad] Malt. The lowest effective federal personal tax rate they paid in that period was 13.66 percent, he said. Over the same 20-year period, the couple gave an average of 13.45 […]