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    American Extremism

    September 19, 2013

    The great English Radical, William Cobbett, once said “I defy you to agitate a fellow with a full stomach”. Economic security and wellbeing make for a very comfortable if not complacent populace. Perhaps the contrary is true. Perhaps the source of our current malaise and the extremist threat to our democracy embodied in the Tea […]

    Commentary /

    Anniversary Blues

    September 18, 2013

    Well now. I hope you all feel a lot better. The crisis engulfed us five years ago. Since then … Welcome to the new boss, same as the old boss. Not much is different except the public is more disaffected than ever. Policy ranges between inept and horrible. And the front pages in the business […]

    Economics / austerity, debt ceiling, economic policy, Federal deficit, government spending /

    Debt Bomb From the CBO

    September 17, 2013

    Oh dear. Here we go … again. The Congressional Budget Office just lobbed a debt bomb into the fire that already consumes Washington. The timing, just a couple of weeks before we hit the debt ceiling could not have been more ill-timed. Talk about politically inept. Get ready for breathless headlines using the austerity crowd’s […]

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