A Short Term Debt Ceiling
It seems the GOP has taken a hint and will continue the fight on Obamacare by punting the debt ceiling discussion six weeks to Thanksgiving.I think this is wise, though I think the GOP should not do a clean increase. They should tie it to a full faith and credit act or something to stop future market jitters over this stuff. The GOP should not | Read More »
Turns Out We’re Not Going to Get Farm Bill Reform After All
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Scott Lincicome to discuss changes to the Farm Bill in the House, why the SNAP program was merged back into the larger bill, and how subsidies make your food more expensive.
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House GOP Preparing to Give Up
I’m being told by several sources that Speaker Boehner and Majority Leader Eric Cantor are plotting to give up trying to either defund or delay Obamacare. This comes at the same time the Obama administration admits it will be months before their Obamacare website will be fixed and Kathleen Sebelius is saying if people want out of the mandate they can pay a fine. Nonetheless, | Read More »
So What Could Go Wrong If You Owned Your Own Money Tree?
Janet Yellin may not remind people of the boisterous cartoon character Buzz Lightyear, but her fete accompli elevation to the Chairmanship of the Federal Reserve probably implies Quantitative Easing to Infinity and Beyond! The White House announced that President Obama would nominate her to succeed Ben Bernanke this Tuesday. This bears significance because she is seen as being a strong advocate of quashing intrest rates in order to support lower unemployment. She is a classic Keynesian to the core in that sense and will not be willing to “taper” QE under anything like the current circumstances.
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Tech at Night: Republicans are the real tech thought leaders. The FCC stalls innovation for a power grab.
How desperate do you have to be? The radicals at Public Knowledge are trying to take credit for Republican initiatives. To claim a lefty was the ‘thought leader’ behind phone unlocking is ridiculous. That was Derek Khanna. Even Washington Post says so.
AT&T is wishing for a modern FCC so that they can innovate with the IP revolution. Instead FCC is threatening the economy by stalling, and for the basest of reasons: to try a power grab.
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, Washington Post
VW’s German Union May Be Violating U.S. Labor Laws. Will Obama’s NLRB Do Anything About It?
With Volkswagen employees delivering an anti-UAW petition
to management last Friday, the big battle over the UAW’s do-or-die efforts to unionize VW’s employees in Chattanooga, Tennessee is heating up.
Although VW employees have filed unfair labor practice charges with the National Labor Relations Board over the UAW’s deceptive card-signing tactics, it remains to be seen whether Barack Obama’s union appointees at the NLRB will address any union-related violations of VW employees’ rights.
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The priority problem
The shutdown drama has given Americans an eye-opening look at our massive government’s inability to prioritize. If you take the apologists for President Obama and his Shutdown Theater performances at face value, the Administration assigns extra manpower to keep people out of national parks and memorial sites… and also has plenty of warm bodies available to facilitate an immigration rally on the National Mall. Great: the four-trillion-dollar | Read More »
The Shame of Chuck Hagel
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There is exactly one man to blame for the refusal of the Defense Department to pay death gratuities and provide transportation to the families of the fallen to Dover AFB. Secretary of Defense Chuck Hagel. He has both the money and the authority to act but he won’t.
#Obamacare exchange design priorities: insurance is nice, but your SSN is ESSENTIAL.
This passage from the latest round of Dear God, but these Obamacare exchanges are horribly designed articles leaped out at me: It appears that a major reason why the federal exchange has borne the brunt of the problems is that the website asks you to set up an account, inclusive of your Social Security number, before shopping for prices on the exchange. This is in | Read More »
The Inside Story of Roe v Wade
On today’s edition of Coffee and Markets, Brad Jackson and Allysen Efferson are joined by Clarke Forsythe to discuss his book, Abuse of Discretion: The Inside Story of Roe v. Wade, how the temporary makeup of SCOTUS drove Roe v. Wade and the unintended consequences of one of the 20th Century’s most important rulings.
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Paul Ryan’s Missing Op-Ed
Congressman Paul Ryan penned an op-ed in today’s Wall Street Journal forging a path to “ending this stalemate.” What is amazing about this op-ed is what it fails to mention. Amidst the garrulous piece on Medicare reform, Social Security, and tax policy, there is not one word about the very impetus for this so-called stalemate – Obamacare. Ryan rightfully notes that this is “our moment | Read More »
This is the Strategy. Now Do It.
Conservatives need to push the debt ceiling fight off the front burner to after Christmas. Republican Leaders are begging us to merge the continuing resolution fight and debt ceiling fight. They covet this with all their mind and heart. They do not want a stand alone fight on Obamacare. They want to conflate it with the debt ceiling so they can do a grand bargain | Read More »
Shame on Senator Ron Johnson of Wisconsin. He Lied to Bill O’Reilly.
Last week, reports surfaced that the Senate GOP had a meeting in which Senators screamed at and berated Senators Mike Lee and Ted Cruz. Senator Ron Johnson appeared on Bill O’Reilly’s show to deny that anyone yelled or screamed at Senators Lee and Cruz in that meeting.Ron Johnson is a damn liar.There was one, and only one, Senator screaming at the top of his lungs | Read More »
The 10 Most Ridiculous Entries on HuffPo’s ‘Shutdown Trickle-Down’ List
A Huffington Post article/Top 50 list on the government shutdown (“The Government Shutdown Trickle-Down: 50 Effects Of The Budget Standstill”) purports to document the crushing impact of the legislative impasse on the nation, but left me wondering how serious they are. True to HuffPo form, this is click-trolling dressed up as journalism. Here are my favorite ten entries from the list, plus a bonus for good | Read More »
Obama’s Debt Ceiling Mendacity
Earlier today, the ever melodramatic president suggested that it is unprecedented for an opposing party in Congress to deny a request for a clean debt ceiling increase. He asserted that “nobody in the past has ever seriously threatened to breach the debt ceiling until the last two years. and this is the credit worthiness of the united states we’re talking about.” Actually, as Sean Davis | Read More »