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Sorkin's Failed Apologia for JPMorgan Chase's Jamie Dimon

A recent column by Andrew Ross Sorkin is instructive, although not in the way Sorkin might have wished. His portrayal of JPMorgan Chase CEO Jamie Dimon as the innocent and beleaguered victim of “writers, editors and bloggers” is likely to stand as a cautionary tale, a...

Misunderestimating Who They Are

There is a miscalculation at the core of Democratic strategies for ending the shutdown and avoiding default. Democrats keep saying, "They wouldn’t really do that." But this calculation doesn't "get it" about who and what the country is dealing with. Here is the...

A Politics Worse than Watergate?

If the Supreme Court chooses to erase our remaining post-Watergate campaign finance reforms, Richard Nixon's scandalous reign may come to seem — thanks to growing inequality — mere kid's play. The U.S. Supreme Court last week heard oral arguments in a case that could...

Medical Device Tax Tricks

You might be hearing that some Democrats are "willing to make a deal" involving the "small" ($40 billion) medical device tax. It's a good idea to know what is going on -- especially the "offset" some are talking about. 1) The tax is on the windfall that the ACA is...

Republicans Pay Price For Past "Bad Profits"

In business "bad profits" are short-term gains at the expense of a business' long-term viability. For example, soaking your loyal customers might bring you some increase in short-term profits but the customers won't remain loyal, and your future market share will...

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