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

Status Quo Bias all time winner: the rules of the senate

Currently US ally Israel is responding to a massive terrorist invasion. The US response is slightly hampered by the fact that the  United States has “no confirmed ambassadors to Israel, Egypt, Oman, or Kuwait”, also “the counterterrorism envoy position and human rights envoy position as well as the top job at the U.S. Agency for International Development […]

The final 2020 Senate nowcast: 51 Democrats, 48 GOPers, 1 true toss-up

The final 2020 Senate nowcast: 51 Democrats, 48 GOPers, 1 true toss-up Here are the final maps for the Senate, including all polls since October 1. I’ll post the Presidential nowcast separately later since it is going to be significantly longer this week. To refresh, In the first map below: – States where the race […]

Inadequate monitoring

The Washington Post carried a story on a Senate hearing on money laundering, one example being HSBC. The criticism was aimed at the OCC regulators who failed to pursue the issue.  Also notice the fuss is over a foreign bank. The U.S. affiliate of global banking giant HSBC was for years a haven for foreign […]