Yes, the geniuses who brought us the financial crisis and mortgage fraud should be thanked for their service along with the "mental effort" of failing executives who get paid huge golden parachutes just to get rid of them.
Home health care workers are dramatically underpaid and overworked, and they care for some of our society's most vulnerable citizens. President Obama did something about it which was long overdue. Good for him.
The Republicans are calling their attack on food stamps "welfare reform 2.0." Because when people become dependent on government assistance for food they lose the ability to work. Or something.
Of course the Tea Partiers are a blight on American politics. But the Big Money influence of people like the Kochs and the Adelsons is truly antithetical to American democracy and it's at the root of our biggest problems.
Not that this is exactly news, but Michael Bloomberg is a jerk. A very wealthy jerk. I guess Bloomberg and his ilk really do feel that they deserve to have every last penny on this earth. Because they're productive.
Going back to Truman, presidents have been incrementally seizing the power to wage war completely on their own terms. It's getting to the point of absurdity. Obama stepping back is a very good move.
This excerpt comes from a piece by Michael Winship on how much Washington has changed since the Nixon years. The social and cultural changes are quite striking. But this says it all.
Heritage Foundation president Jim DeMint says the uninsured will get better care by "going to the emergency room." It's hard to believe that anybody's out there making the case for using the emergency room, but there you have it.
Apparently, in the eyes of the UK government, anyone living with a journalist whose stories reveal embarrassing information about the government are subject to interrogation and the seizure of their electronic equipment under terrorism laws.
We have much to be proud of in America. But having the most economic inequality is one of our most dubious achievements. I guess we just have a very few people who are excellent happiness pursuers. Or maybe it's something else entirely.
According to a Carville-Greenberg polling memo, seniors are changing their minds about policy and the GOP. The question is, why? Everyone knows that seniors are a bunch of right wingers who hate progress, right?
I have my doubts that this will result in a change of heart among conservatives about the wisdom of cutting necessary government services, but it's at least possible.
Why is health care in the US so expensive? Well, while many parts of the medical industry along with the government are trying to reduce costs it always seems to come down to this.
A friend in Washington told me this last week: The president, Larry Summers, a dirty hippie and the pope were all on Air Force One when it started to have engine trouble.
Charles Pierce thinks so. I think it could happen, after watching his brother with Pierce Morgan last night. Imagine how thrilled CPAC will be to see George The Victim next year.
I'd be simply hoping we can hold out until these evil old brothers finally shuffle off their mortal coils but unfortunately, there are probably a lot more where they came from.
I don't think I need to point out just how obvious these people are being, do I?
You have to give them credit for consistency: Egyptians would be lucky if their new ruling generals turn out to be in the mold of Chile’s Augusto Pinochet, who took […]
“Congress has decided to let interest rates rise on student loans, because the bill to stuff puppies in a sack and toss them in the pond was stuck in committee.” […]
I don't know about you, but this makes me proud as punch. But never fear, we're still number one where it counts:
This is a fascinating account of how the Grand Bargain came to be the tired conventional wisdom among the Village wonk crowd. (I'm characterizing it that way, not the author, the esteemed Larry Mishel. ) It's required reading for anyone who has been following this story for the past few years.
It's still a fact that the Democratic Party strategists are afraid to embrace populist issues, believing their future coalition lies with "identity politics".
When I read this piece in the Daily Caller yesterday, I have to admit I thought "oh hell.
The New York Times has published an article about what some of the groups the IRS subjected to scrutiny actually did. And it is very informative. It would appear that many of these people were lying about their activities or "understood" their political activities to not be political. Seriously.
According to Pew report released today, almost a quarter of people in the United States an did not have enough money to feed their families. The good news is that the stock market is roaring and the top 1% have been doing really well.
On top of the troubles the administration is facing over Benghazi, the IRS, and the Justice Department's seizure of AP phone records, Republicans hope to target Health and Human Services Secretary Kathleen Sebelius.
This report by the Kaiser Family Foundation about elder poverty is shocking.
David does a nice job unpacking the dreadful Politico gossip item in his post below. But as a long time Village observer from afar, I thought I might add a little more context.
I had the privilege of hearing Dean Baker and Mark Weisbrot speak about austerity the other night and it was as fascinating as you might imagine.
President Obama’s nomination of Hyatt heiress Penny Pritzker to be Commerce secretary gives me the perfect excuse to write about a fascinating conversation I had recently with Cathy Youngblood, a […]
… because if he were we could dismiss him as a typical stupid hippie to whom nobody should ever pay attention (particularly when sharp analysts like Newt Gingrich and George […]
David Frum published an interesting letter from one of his readers the other day on the Reinhardt-Rogoff brouhaha. It provides a fascinating rundown of all the cracked economics that have […]
The Republicans are balking at having a conference to iron out differences between the Senate and House budgets. This is hypocritical since they've been braying about the Democratic senate failing to produce a budget for years.
Some details are emerging about the so-called “softening” of the Chained-CPI for the most vulnerable. Here’s one analysis of what we know so far from Shawn Fremsted at CEPR:
Mark this day.
Jonathan Chait flagged this quote from Eric Cantor today and came up with an interesting theory as to why he said it: Mr. Cantor complained that the president, while insisting […]
“We must embrace the need for modest reforms—otherwise our retirement programs will crowd out the investments we need for our children.” President Obama, State of the union address, 2013 Is that […]
This is how they achieve their long term goals — under the radar, changing the way the numbers are calculated to prove an ideological point and change our understanding of […]