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

Why I stopped reading the NYT

I’ve been a bit baffled recently by comments by friends expressing anxiety about NYC mayoral candidate Zohran Mamdani. Yeah, I ignore the right-wing wind machine over at Fox. But since I stopped reading the gray lady, I missed the propaganda and misdirection she’s been pumping out. “The Times has it out for Zohran Mamdani. The […]

Why are so many Dem-leaning pundits so profoundly clueless? [Updated.]

Today, Martin O’Malley, the former Maryland governor who has been talking about challenging Clinton from the left, was repeatedly asked by reporters to comment on Clinton’s emails, and he repeatedly refused. Not because he doesn’t think there are legitimate questions here, but because his advisers say raising them might reflect badly on him: “His advisers say there’s […]

Paul Krugman is wrong; Obama DOES need to discuss Keynesian economics in his State of the Union address. Here’s why.

Paul Krugman is my hero.  I credit him–him alone, really–with ending, finally, the Peterson Foundation’s capture of almost all of the mainstream news media as their PR outfit.  Just as I credit Occupy Wall Street, also alone, with finally ending the decades-long political prohibition of class warfare by any group but the hedge fund/CEO crowd. […]

How the Democrats Should Deal With the AnthemBlueCrossCare Issue. Really.

Today, the House of Representatives will take up GOP Rep. Fred Upton’s proposal to ”fix” Obamacare by undermining it, and the vote is being widely cast on a referendum on whether Dems will continue distancing themselves from the law. Meanwhile Senate Dems are also still considering fixes of their own that could undermine it, though […]

Fuel Spill: The Republicans Are About to Admit That Obamacare Helps Consumers. (Bet On It.)

In another setback for President Obama’s health care initiative, the administration has delayed until 2015 a significant consumer protection in the law that limits how much people may have to spend on their own health care. The limit on out-of-pocket costs, including deductibles and co-payments, was not supposed to exceed $6,350 for an individual and […]

About That “Poking Into Every Nook and Cranny of Daily Life” Thing, Chief Justice Roberts …

If there is no mystery about the nature of the chief justice’s views, I remain baffled by their origin. Clearly, he doesn’t trust Congress; in describing conservative judges, that’s like observing that the sun rises in the east. But oddly for someone who earned his early stripes in the Justice Department and White House Counsel’s […]

My answer to the question, “So is Brian Williams really an idiot, or does he just play one on TV?”

In the Comments thread to my post yesterday about a comment that Brian Williams made the day before indicating that he apparently does not know what “the debt ceiling” actually means, reader SW asked: “So, is he really an idiot or does he just play one on the tv?” I answered: I hadn’t thought of […]

Lanny Breuer and Mary Jo White. Or Is It, Lanny Breuer versus Mary Jo White? Or is it neither?*

BREUER: “If you look at what we and the U.S. attorney community did, I think you have to take a step back. Over the last couple of years, we have convicted Raj Rajaratnam, one of the largest hedge fund leaders. Now, you’ll say that’s an insider trading case, but it’s clearly going after Wall Street.”* […]

Rep. Greg Walden (R. OR) Explains the Debt Ceiling. Good For Him!

Either that or he means that the public understands what the debt-ceiling statute actually is, and will never support Congress’s authorization of payment of already-incurred expenses earlier authorized by none other than Congress itself. Obama and the congressional Dems should take the ball Walden has handed them and run with it.Representative Jerrold Nadler, Democrat of […]