Tag Archives: politics

Dollar eases as Fed minutes offer few clues on rate cuts timeline, MSN, Markets Today Tags: monetary policy

Having gone from trump to Biden. a person who I thought would never make a good president makes Steve’s argument on Bad Government being the problem when trump was the president. Asymptosis » Government is Not the Problem. Bad Government is the Problem, Steve Roth. And the solution to bad government is … good government. A lot of people — maybe even most Americans — think that making government smaller will make it better. But that...

Introduction: Nice piece on how Americans are so tied to their gasoline powered cars, pickup trucks, etc. and the impact on cities and environment. What is key to this article and the author’s thought is this statement: “The obvious solution … lies only in a radical revision of our conception of what a city street is for.”  Where I live, the smaller city is 30 minutes away at 65 MPH (if they are doing such). If you drive faster, maybe you...

Strictly a copy and paste of the Senate Finance Committee Chair Senator Ron Wyden Committee Report. I can not add to this other than say, repeal the 2017 Tax Act. Interim Report: Big Pharma Tax Avoidance Senate Finance Committee Investigation Reveals Extent to Which Pharma Giant AbbVie Exploits Offshore Subsidiaries to Avoid Paying Taxes on U.S. Drug Sales. The Provisions in the 2017 trump Republican tax law allows AbbVie to generate most of...

As a veteran, I am interested in what the VA does in providing healthcare. Suzanne and Steve have a great interest is how veterans are treated by the VA. PTSD Is a Nightmare. A Fully Funded VA Can Provide Relief, jacobin.com, Suzanne Gordon and Steve Early Post-traumatic stress disorder (PTSD) is the often-hidden wound of war. Post-9/11 wars added hundreds of thousands of former service members to the patient rolls of the Department of...

This casting was up December 29 at Talking Points Memo (TPM). It is about 50 minutes long and a very interesting conversation between John, Kate, and Prof. Heather. Covering the state of democracy in America is the topic and well worth the listen. Belaboring the Point: What If We’d Been Mean to Robert E Lee? Talking Points Memo, Josh Marshall, Kate Riga, and Prof. Heather Cox Richardson. [embedded content] ...

NPR Nails It: Highlights Two Programs That Make a Difference to Millions, Center for Economic and Policy Research, Dean Baker. Dean Baker: I’ve complained a lot about how the major media outlets seem to highlight every piece of bad news about the economy, while downplaying or ignoring altogether the positives. Given my complaints, I want to offer a word of praise to NPR. Last night, NPR ran two pieces highlighting programs that make a big...

I’ve only voted for a Republican once (John Anderson, in a presidential primary in North Carolina), but if I lived in Vermont, I might vote for Republican governor Phil Scott:“Many point to his steady hand during crises, including last summer’s historic flooding and the pandemic, when he appeared in daily, low-key televised briefings to reassure Vermonters and encourage them to take social distancing and mask wearing seriously. Vermont, a sparsely...

Who you might know better as a proponent of better care for veterans, Steve Early is backing two candidates for the Senate. In Nebraska opposing Repub Deb Fischer, steamfitter Dan Osborn. Running in West Virgina is grandson of a coal miner and veteran Zach Shrewsbury against coal baron Jim Justice. Some down to earth populist candidates being fielded against the status quo. Two Working-Class Candidates Launch U.S. Senate Runs, Labor Notes, Steve...

I promised a second entry in the series, Soft Landing this time it’s monetary. The question is why didn’t the FED’s monetary tightening cause a recession. There certainly was tightening, the Federal Funds rate rose from 0.07% to 5.33% There certainly were people who predicted a recession in 2023 (hey they still have 4 days so I am giving a hostage to fortune). Indeed some forecasters put the probability at 100%. Why ? First...