My "Dismal Science" diet comes from a wide variety of sources. As our corrupt national political establishment and discredited media organs begin to focus on post-election Catfood Commission politics, it's instructive to see how different economists read the writing on the wall, and come to a variety of conclusions. In this case I'd like to highlight the observations of Dr. Richard D. Wolff, who appears to come to a similar conclusion to the one I derived in my previous post about how the Grand Bargain is a shell game calculated to drain the public funds for private purposes (The Grandest Bargain Ever, Explained). Read below the fold...
So an insider has unceremoniously dumped a number of internal documents from the Heartland Institute, a Koch front group. And it's a doozy. People are making a fuss over the "controversy" based climate denialism, but that's so obvious, it's not what intrigued me. Read below the fold...
WASHINGTON -- The Obama administration, state attorneys general, and, perhaps, the nation's largest banks are close to a final settlement on the years-long struggle over allegations of massive foreclosure fraud, according to several sources familiar with the talks. And the final details of the arrangement, according to the source who revealed them, will apparently not preclude prosecutors and regulators from taking legal action against many of the common abuses during the house bubble. It remains to be seen whether all parties will ultimately sign off on the language.
Seen at a local fair.
Yay! This is the best 9/11 since 9/11!
Be sure to light the candle to celebrate!
After we've all had a slice, maybe we can give a bullhorn to a Texas rooster so he can climb all over it and sing cock-a-doodle doo!
BEST IN CLASS!
U.S. federal agents allegedly allowed the Sinaloa drug cartel to traffic several tons of cocaine into the United States in exchange for information about rival cartels, according to court documents filed in a U.S. federal court.
The responses to my previous entry were exactly what I hoped they would be: lively. And I'm not done yet, not by a long shot. I'm going to expand upon a comment I made in the other thread. Read below the fold...
We'll be discussing the election results from November 2nd, Keith Olbermann's suspension from MSNBC, ongoing Democrat capitulation to right-wing extremism, and the future of left-wing politics in America as it slides ever deeper into the realm of fascism.
Paul Krugman has been awful on health care lately, but he certainly does have a good memory for Medicare, Republicans and the Clinton years. How refreshing to see a lefty pundit who actually tells the truth about them!
For example, Dr. Krugman remembers why Newt Gingrich's famous hissy fit actually happened.
Remember what the 1995 government shutdown was about: it was Newt Gingrich trying to force Bill Clinton to accept, yes, deep cuts in Medicare.