Economists are idiots . . . or maybe just self deluded
January 13, 2012
by David Safier If you want to know how wrong economists can be, read the entire NY Times article about the Federal Reserve meetings in 2006. Transcripts of the meetings were just released. The housing bubble? Oh, they saw it, but they were sure it wasn't a problem. The general consensus on the board, summarized
Move along, folks. No racist dog whistles to see here.
January 13, 2012
by David Safier Rick Santorum scored a thinly veiled racist twofer in his condemnation of Romney as not offering a "clear contrast" to Obama. “We need contrasts,” Mr. Santorum said, “not just a paler shade of what we have.” A paler shade of what we have. I guess Romney is nothing but a lighter skinned
The GOP establishment freak-out: heresy!
January 13, 2012
Posted by AzBlueMeanie: Americans are rightfully angry that not one bankster of Wall Street has been charged or prosecuted for engaging in the massive fraud of casino capitalism on Wall Street that nearly destroyed our financial system and our economy. And they are back to business as usual after being bailed out by us taxpayers.
818
January 12, 2012
By Craig McDermott, cross-posted from Random Musings 818. After one (1!) full week of the legislative session, that is how many bills, resolutions, and memorials have been introduced. After *one* week. Guess whoever took the "over" in this year's pool is smiling right now. Anyway, most of the bills fall into one of four
Harper and Biggs’ 3500% Stealth Business Tax-Break
January 12, 2012
Posted by Michael Bryan State Representative Jack Harper and State Senator Andy Biggs are planning a stealthy gift to Arizona businesses. They want to increase the property tax exemption for business by a whopping 3500%, while sticking homeowners with the bill for the difference. This is how the grift works: The current property tax exemption
RNC argues the federal ban on corporate donations is unconstitutional
January 12, 2012
Posted by AzBlueMeanie: I commented yesterday on the "the deleterious effect of Citizens United v. FEC and the demon Super-PACs it spawned. The GOP candidates are no more than surrogates for their dueling billionaire benefactors who want to own a president, and the country." It gets worse, folks. Waaay worse. Think Progress reports Republican National Committee Files
The GOP goes ‘Occupy’
January 12, 2012
Posted by AzBlueMeanie: The great success of the Occupy movement is that it has transformed the national conversation to an examination of the greatest wealth disparity since 1929, and to questions about what is morally just and what is fair. It is a direct challenge to the Ayn Rand laissez-faire "free market" moral nihilism of
Mittens Romney runs from his Mexican roots
January 12, 2012
Posted by AzBlueMeanie: Mike Taibbi did a report the other night on the new Rock Center about the Romney family roots in Mexico, and introduces us to the Mexican relatives that Willard "Mittens" Romney never talks about. Visit msnbc.com for breaking news, world news, and news about the economy NBC Nightly News also had this
