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Tag Archives: politics

Who is Lying in the 8th District Congressional Race?

Michigan 8th District Congressman Mike Bishop’s ad: “Additionally, under the American Health Care Act (AHCA), insurance companies cannot deny coverage based on pre-existing conditions – yet Elissa Slotkin continues to lie about Mike Bishop’s record. Sec. 137 of H.R. 1628 of the AHCA states: “Nothing in this Act shall be construed as permitting health insurance issuers to limit access to health coverage for individuals with preexisting conditions.” Under...

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When the stock market headlines the political blogs . . .

When the stock market headlines the political blogs . . . Here is a graph I saw on Digby’s blog this morning: There was also a highly-recommended, heavily-commented piece at Daily Kos. Here’s a pro tip: when you see a daily stock market move leading the political blogs, it’s a sign of a bottom, not a  top. That’s because it’s a sign of emotion, and it means that amateurs are paying close attention. By the time that happens, the big move is over,...

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“The Opportunity Cost of Socialism”

“The Opportunity Cost of Socialism” Why is the Council of Economic Advisers producing party political propaganda for the GOP? As many folks have pointed out, the “report” is rather bizarre. My favorite part is Figure 1, which summarizes Milton Friedman’s argument that people spending “their own money” are “more careful how much to spend and on what the money is spent.” This, of course begs the question of how that money came to be defined as “their...

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How To Get Distracted From What Is Most Important

How To Get Distracted From What Is Most Important Of course as the midterm elections are nearly upon us, there is a rising cacophony of issues bubbling up, especially as Donald Trump attempts to excite his extremist base with base fears, while trying to distract most voters from threats by GOPs in Congress to cut the social safety net.  But some of the the new issues bubbling up are really more important than others. So we are now going to have a...

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Abigail Spanberger Taking Dave Brat to the Wood Shed

[embedded content] If you have not seen this yet, take a moment and listen. It kind of makes you feel good about being a Democrat. 7th District Virginia’s Elissa Slotkin, Abigail Spanberger. Like Esquire’s Charles Pierce tells us, it kind of reminds you of the Ali-Terrell fight—What’s my name, motherf***er? Abigail took teabagger Dave Brat to the wood shed and just tore him apart. It is a great take down. HT to EMichael...

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Claiming Voter Fraud, Trump Is Poised To Disregard a Democratic House Victory

HuffPost Politics: New York Times columnist Economist Paul Krugman fears that President Donald Trump’s insistent complaints of “voter fraud” are a setup to deny the legitimacy of a Democratic majority in the House should the party win in the midterm elections. Those who don’t believe such a scenario is possible “haven’t been paying attention,” the Nobel laureate warned. Trump has complained, without evidence, that as many as 5 million people voted...

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Absolute Decoupling and Relative Surplus Value: Rectification of Names

Jargon is a heck of a drug: If names be not correct, language is not in accordance with the truth of things. If language be not in accordance with the truth of things, affairs cannot be carried on to success. The discourse of global warming/climate change is lousy with jargon. This rampant obfuscation gives science deniers rhetorical leverage and induces hallucinations about “Green New Deals” and “Environmental Kuznets Curves.” “Decoupling,” “rebound...

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Does fivethirtyeight process the numbers too much ?

Or not enough. Nate Silver has long performed fairly complicated calculations with (lots of) raw data. Even back when he was Poblano at DailyKos this was highly controversial. Now that he leads a huge team at fivethirtyeight.com, it is almost necessary just to decide whether to trust them, because it is very time consuming to read their explanations of their algorithms. In particular, obsessive poll watchers such as your humble correspondent, have noted...

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Tracking Trump’s tariffs: US vs. Canadian rail loads

Tracking Trump’s tariffs: US vs. Canadian rail loads Let me start out by saying that there is an excellent case for the US imposing a VAT (“value added tax”) similar to those enacted by Canada and European countries in order to recapture the losses due to far lower wages in China and other developing countries. Additionally there is an excellent national security rationale for not entering into”free trade” agreements with authoritarian governments who...

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MBS Must Go

MBS Must Go The grisly details of the murder of journalist Jamal Khashoggi now coming out make it clear that the one thing that would really clear the air would be for 33-year old Muhammed bin Salman bin Abdulaiz al Sa’ud (MBS) to be replaced as Crown Prince of Saudi Arabia and to be removed from any position of authority and power that he currently possesses.  Indeed, it would be wise if he were subjected to what he imposed on others whom he saw as in...

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