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The Case Against Tax Breaks for Private Equity

I wanted to wait a few days before commenting on Newark Mayor Cory Booker’s spontaneous criticism of Barack Obama for picking on Mitt Romney's experience at Bain Capital. Booker doesn’t know much of anything about private equity, but many financial services donors...

So Its Not Just Bleating Into the Void

This can't possibly be right. Everyone knows the bully pulpit is a total myth and nobody with a thought in their head would ever dream that something the president said could ever make a difference in anything: Public opinion continues to shift in favor of same-sex...

The Irresponsibility Of John Boehner

Originally published at Capital Gains and Games. Like most federal budget watchers, I assumed that the extremely negative political reaction to the federal government shutdowns in 1995 and 1996 meant that tactic wasn’t likely to be threatened again, let alone actually...

What the Bain Debate is Really About

The 2012 presidential election may go down as one of the strangest political seasons in recent memory, for the simple reason that the influence of the financial sector in politics, policy and the economy has caused Republicans to sound like Democrats and Democrat to...

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