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Tag Archives: politics

They are monsters

They are monsters The President and his GOP majorities in Congress are monsters. As one commentator on NPR put it yesterday afternoon, the President’s default mode is to toss an armed hand grenade into a room in order to create chaos.  He can then pick out the most vulnerable, and use that leverage to enter into a win-lose deal. Meanwhile, having been emboldened by the 2011 Debt Ceiling Debacle, the Congressional GOP majorities, who haven’t been able to...

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Healthcare News; ACA and CHIPs

Trump’s Healthcare Executive Order Trump Signs Executive Order relaxing ACA health insurance rules. About a week or so ago, I had read this elsewhere, mentioned it, and was told there was no way this would happen. Similar to the three attempts to defund the ACA, Trump is doing what he says the Senate could not do and that is to take healthcare insurance away from the citizenry. More of Trump’s Executive Order down the page. Children’s Health Insurance...

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Trump Ends CSR Payments Immediately

According to Modern Healthcare: “In a brash move likely to roil insurance markets, President Donald Trump will ‘immediately’ halt payments to insurers under the Affordable Care Act. Before sunrise Friday morning, Trump went on Twitter to urge Democrats to make a deal: ‘The Democrats ObamaCare is imploding, massive subsidy payments to their pet insurance companies has stopped. Dems should call me to fix!’ The Department of Health and Human Services had...

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Lehman’s Aftershocks

Peter Praet's speech at the Money, Macro and Finance conference last week was a goldmine. I've already discussed the central bank credibility problem revealed by his final slide. But his presentation went far, far wider than central banks. It raised serious questions about the future of the global economy.This slide - the first in his presentation - shows that there have been three significant global shocks in the last decade, not one: The first, obviously, is the deep global recession...

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The Tax-Cut Framework Won’t Create Jobs and Digs the Inequality Ditch even Deeper

The Tax-Cut Framework Won’t Create Jobs and Digs the Inequality Ditch even Deeper Marcus Ryu, a self-described Silicon Valley entrepreneur who created, with others, a company now worth $5 billion on the New York Stock Exchange, argues in today’s Op-Ed section of the New York Times that “Tax Cuts Won’t Create Jobs“, NY Times (Oct. 9, 2017), at A23 (the title in the digital edition is different from the print title:  Why Corporate Tax Cuts Won’t Create...

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Social Justice: Debt, Solidarity or Care?

by Peter Dorman (originally published at Econospeak) Social Justice: Debt, Solidarity or Care? Mozi: scholar and activist   How do we think about the obligation of social justice?  The dominant American political culture is based on individualist values: you have a right to do whatever you want, and the main problem is how to prevent you and other rights-bearing individuals from getting in each other’s way.  Without extra considerations, social justice...

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Which Senator Has Done the Most for World Peace ?

Many US Senators have contributed to preserving the peace. I am not a historian, but I understand that many admire William Fullbright. I personally think very highly of Ernest Gruening who tried to save the US from the Tonkin Gulf resolution and our involvement in the war in Vietnam. However, I think it is now clear that the honor belongs to Senator Robert Corker (R-Tenn). Sen Corker is a respected and experienced statesman not prone to impulsive...

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Part of Patriotism is Paying Taxes

Part of Patriotism is Paying Taxes As Americans, we pay taxes to allow our government to support important activities that we as individuals or individual businesses either can’t do at all or can’t do as successfully.  Both individuals and businesses benefit from government, so that paying taxes is a wonderful exercise in patriotism. For individuals, the idea of paying taxes as patriotism may be obvious to many of us, because we think that taxes are an...

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RT — ‘Enslaved to US politics’: Assange seeks encrypted Twitter alternative

Assange told his 439,000 Twitter followers on Friday that he is looking for a “decentralized/cryptographic alternative” to the social media giant.… Twitter’s freedom of expression has been on an inexorable decline. It’s enslaved to its US jurisdiction and politics. Although it is substantially better than Facebook that is a very low standard indeed,” Assange said online. The inevitable result of politicization is loss of credibility and creation of alternatives.Not to mention that Twitter...

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Right Wing Propaganda Tank IPI Likes the Trump Tax-Cuts-for-the-Rich “framework”

Right Wing Propaganda Tank IPI Likes the Trump Tax-Cuts-for-the-Rich “framework” There’s no surprise here.  The Institute for Policy Innovation (IPI) is a right-wing “think” (i.e., propaganda) tank that has consistently argued for tax policies that favor multinational corporations and the wealthy.  So IPI has a posting on Sept 29 that is supportive of the so-called “tax reform framework” put out by the Trump administration. As an earlier post noted...

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