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    Economics / bank reform, Dodd-Frank /

    Finance [non] Reform

    January 17, 2013

    A few of you wonder why I think that Obama’s finance reform [aka Dodd-Frank] was a dud when the banks are always bitching about it. Well, there’s a short answer: it has practically no effect. This is despite it weighing in at 30,000+ pages of dense legalese. Its length alone elevates it into celebrated territory […]

    Economics / austerity, government spending /

    Why Cut Now?

    January 17, 2013

    It’s become common parlance, something so commonplace that when you argue contra wise you are classified a dummy, that the US needs to cut its Federal spending. No it doesn’t. But let’s go with the mainstream. The problem as I see it is this: when you argue we need to cut spending you need to […]

    Commentary /

    Hurricane Relief

    January 15, 2013

    Hurricane Sandy relief money was approved by the House today. Why mention it? Because the law was passed so long after the event. No other recent hurricane disaster received such a slow response. Because 180 Republicans voted against it. An almost unprecedented opposition to disaster relief. Because even at the last moment extreme right wingers […]

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