Yesterday, as reported in Money News, Moody’s made me laugh, with the following pronouncements: ” . . . it could move a step closer to cutting the U.S. Aaa rating if President Barack Obama’s tax and unemployment benefit package becomes law. . . . “The plan agreed to by Obama and Republican leaders last week […]
December 15th, 2010 · Comments Off on Moody’s: Bring It On!
December 15th, 2010 · Comments Off on The National Debt Is Congress’s Fault! Redux
The national debt exists today because when the nation went off the Gold Standard in 1971 and adopted its present non-convertible fiat currency system, Congress did not repeal its mandate requiring that the Government back all its deficit spending with already existing borrowed dollars whose convertibility was covered by our holdings of Gold. This Congressional […]
December 15th, 2010 · Comments Off on The National Debt Is Congress’s Fault!
I’m sick and tired of hearing progressive icons like Bernie Sanders, Keith Olbermann, Ed Schultz, and many, many others, talking about the evil of leaving an enormous national debt, now at $13 Trillion plus to our Grandchildren. And I’m especially tired of hearing Congresspeople and Senators complaining about this. The reason why I’m tried of […]
2012: How U.S. Voters Can Wrest Control of Congress from Special Interests — Part II. Why the Political Context Is Favorable for A Populist Takeover of Congressional Districts Using The Interactive Voter Choice System
September 14th, 2010 · Comments Off on 2012: How U.S. Voters Can Wrest Control of Congress from Special Interests — Part II. Why the Political Context Is Favorable for A Populist Takeover of Congressional Districts Using The Interactive Voter Choice System
By Nancy Bordier See the series introduction here. Thanks to advances in Internet technologies, the obstacles the major parties and their special interest backers have erected to prevent voters from ousting their incumbents can be circumvented by voters who leverage the large scale collective action power of the Internet via the web application described in […]
2012: How U.S. Voters Can Wrest Control of Congress from Special Interests — Part I: The U.S. Electorate versus the U.S. Congress
September 13th, 2010 · Comments Off on 2012: How U.S. Voters Can Wrest Control of Congress from Special Interests — Part I: The U.S. Electorate versus the U.S. Congress
By Nancy Bordier See the series introduction here. The majority of U.S. voters want to see most elected representatives in Congress defeated because they favor special interests over voters’ interests. But, voters face enormous obstacles in replacing the nation’s lawmakers with representatives untainted by special interest money and influence. These obstacles are the result of […]
August 19th, 2010 · Comments Off on Cenk and Sherrod Agree; But I Don’t
Substituting for the vacationing Ed Schultz on MSNBC today, Cenk Uygur delivered a pretty good narrative on the Democrats mistakes in bailing out Wall Street, but not Main Street. He let people know about the shift in wealth distribution over the past 3 decades, and he was very direct and forthright in telling us about […]
August 11th, 2010 · Comments Off on Are There No Simulation Models Out There?
Dean Baker had an interesting post in HuffPo on August 2nd on the Alan Blinder/Mark Zandi study. It’s the best take on it I’ve seen thus far. He says: “. . . A new study by Princeton University Professor Alan Blinder and Mark Zandi, the chief economist at Moody’s Analytics, examined the impact of the […]
October 6th, 2009 · Comments Off on Restoring the Balance in US Governance: Another Reply to Bill Egnor
Hi Bill, Thanks for your kind words, your support of my post, and your help in calling Jason’s attention to it. It’s great to be writing in a community where people support one another even when they disagree. I take your point that the presidency should be less powerful than it is, and I generally […]
October 4th, 2009 · 3 Comments
Bill Egnor blogs about whether or not we’ve been expecting too much from President Obama. He says: “If you look at the Presidency from the point of view of the Constitution, it really is not a powerful office except in terms of what it prevents. It is really and primarily a check on the powers […]
July 30th, 2009 · 1 Comment
At Huffington Post a few days ago, Michael Brenner, lamenting the current display of plutocracy in Congress, had this to say: ”We vaunt American democracy as a stellar model for the world. The bizarre spectacle now on display in Washington as the White House and the Congress tussle over health care “reform” is hardly an […]