I am not a big fan of Melissa Harris-Perry. In fact I would say that generally I don’t particularly like her. But the attached video from her show is a very interesting discussion of Rand Paul’s recent speech to the Urban League.
So the I guess the Fed needs to start thinking about cutting rates right? No one can afford monthly payments because rates are too high right? But they are as low practically as they have ever been you say? Uh oh, what does that mean?
The credibility train has long, long left this White House. Michelle Obama goes to Hollywood, hustles for campaign money, and then complains about how much money is in politics. It’s just bizarre. Politicians are a weird breed but the disconnect seems to be getting bigger and bigger these days.
(From The Washington Times)
“There is something you can do right now today to make a difference, and that is to write a big, fat check. I kid you not,” she said. “I’m going to be honest with you. That’s what we need you to do right now. We need you to write the biggest, fattest check that you can possibly write.”
“I’m going to be honest with you?” As opposed to what? A standard dishonesty?
It is time to do a comprehensive audit of the Pentagon. It’s supposed to have been audited long ago, and on an ongoing basis but brass has said that such an audit just can’t be done. The military is just too big.
Well, I say we give it a shot.
The National Review’s Jonah Goldberg argues that what is called the American “Left” will never really fight crony capitalism. That what the progressives actually want is not the separation of business and the state but business which will do as it is told. Business as junior partner to the government. A lapdog.
Is he right?
Obamacare is truly one of the most amazing pieces of law the world has ever seen. It is the administrative state out of control. It is hubris on an industrial scale. It is an Utopian fantasy constructed in a hurry so that the Republicans couldn’t stop it. It is crony capitalism. It has probably already entered an insurance death spiral.
Earlier today the DC Circuit Court ruled that those who buy health insurance through the federal healthcare exchange (Healthcare.gov) are not eligible for offsetting subsidies. The ruling came careening out of nowhere and it hammers the Obamacare law.
Look, I think there should be a phase out of the old system over say 10 years.
Older people have made calculations with the idea that Social Security would be there forever as it is now. Most people are not economists. They just did their thing in their working life and then retired as they were told they should. If we are going to change social security we should be sensitive to this very important (and very political) point.