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Category Archives: Featured

US fines over data requests would have destroyed Yahoo in a year

Break em’. So what if the company employs thousands of people and provides a valuable service to the public? So what if there’s a recession on and the last thing America needs is another large company going down the tubes?  Break em’ and show them that the 4th Amendment doesn’t apply anymore. Yahoo can fight us but we’ll bleed them dry long before it ever gets to the courts. And even then we’ve got the judges where we want them.

Break em’. Show that company who’s in charge.

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Is Keynes Misunderstood, Maligned By Critics?

In a September 11 Bloomberg article, economist Noah Smith claims that John Maynard Keynes, the architect of today’s government economic policies around the world, wasn’t a “‘socialist’” or even a “‘progressive.’” He did not favor “a command economy.”

Yes he “was in favor of some amount of wealth redistribution and government intervention into the economy.” But “Keynesian policies are fundamentally … about economic stability,… about smoothing out the fluctuations in the economy, reducing risk for everyone concerned.”

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US government ‘threatened’ families of beheaded reporters

I can understand why paying ransom is counter to larger policy goals but ransoms are paid all the time. In fact one can buy a Kindnap and Ransom (K&R) insurance policy from a multitude of insurers.

One has to wonder, had the kidnapped been high level executives versus relatively powerless reporters whether the US government would have threatened the families of the executives with prosecution. My bet is the government would have let it slide.

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Kid stands on the sidewalk and starts videoing the Dallas Fed and JP Morgan Chase, cops don’t like it (Video)

Just a little window into the state of affairs currently.

On the one hand the security people are doing their jobs and the videographer does appear to wander onto private property. (Though it is not marked and he immediately retreats back to the public sidewalk.) The rent-a-cops would probably lose their jobs if they didn’t confront the kid. On the other hand it’s pretty creepy that a mere camera elicits this kind of response. The intimidation methods employed are also pretty suspect. At one point one of the security guards reaches into his breast pocket clearly trying to give the impression that he is reaching for a weapon. (Whether he was is not clear.) That is not OK.

Remember, this is just a kid with an iPhone.

It is also interesting to note that once security realizes the kid is well versed in his rights their tone changes considerably.

The Ex-Im Bank and the trouble with the Republican party.

I’ll say this for the Democrats when it comes to corruption. They don’t really hide it. Everyone knows that the Dem machines in the Northeast and on the West Coast are full of union winks and nods. Everyone knows that it’s pay to play in New York, Chicago, Boston, and California. It’s understood and in many ways accepted.

But the Republicans have long acted like they were above this. That indeed the Republican Party was and is the party of good governance, of the suburbs, and middle class accountability. This was the spirit of Reagan for instance.

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