Bill Clinton
I have always been fascinated by the Tony Blair paradox. On the one hand, he seems like an intelligent, articulate, thoughtful politician (at least from NY). On the other hand, he dragged Britain into George W. Bush’s…Read
Jay Ackroyd: The Table: Public works projects are off the table. Social Security benefit cuts are on the table. These are both obviously bad policy positions. These are both obviously bad political…Read
This isn't getting worse more slowly. This is getting better:: New York Times Company : Investors : Press Release: NEW YORK, Sep 03, 2010 (BUSINESS WIRE) -- Peter Orszag, economist and former director of…Read
There appear to be, roughly, three types of recessions. There are post-war recessions. These are easy to understand. There's an abrupt decline in military spending, demobilization reintroduces a large number of people into…Read
The Big Mac probably has no bigger fan than Bill Clinton. What then will the former president say about his new son-in-law?s hedge fund bidding for the Mac?s chief rival? …Read
American's perception of taxes is both perplexing and disturbing. Americans have difficulty grasping the effect taxes have on their lives. There are many reasons for their confusion. Taxes have become a political football…Read
Instead of punishing the Obama administration for running up a budget deficit the Congressional Budget Office said will total $1.34 trillion this year, bond investors are pouring money into fixed-income assets as inflation slows…Read
From time to time we are reminded how little wisdom our leaders have. Reminder: For all his posturing, Glen Beck rejects the very premise of Martin Luther King Jr's “I have a dream” speech. The event was not a civil…Read
This is going to be very, very ugly: It’s Witch-Hunt Season, by Paul Krugman, Commentary, NY Times: The last time a Democrat sat in the White House, he faced a nonstop witch hunt by his political opponents. Prominent figures…Read
James Quinn. "As our economy hurtles towards its meeting with destiny, the political class seeks to assign blame on their enemies for this Greater Depression. The Republicans would like you to believe that Bill Clinton, Robert…Read
"It's easy to criticize Social Security but how would you fix it?" ask defenders of the most popular middle class entitlement ever invented by a German dictator. Here's how. Rest easy, this is not another fruitless rant about…Read
Dorothea Lange Death Contemplating (?!) The Good Earth June 1937"Wife of Texas tenant farmer. The wide lands of the Texas Panhandle are typically operated by white tenant farmers, i.e., those who possess teams and tools and…Read
The Dickey-Wicker Amendment (sometimes called the “Dickey Amendment”) is the amendment to an existing bill that was passed [...]…Read
I have just read Daniel Ammans excellent biography of Marc Rich - the oil trader notoriously pardoned by Bill Clinton. I dont want to get into the politics and ethics of the pardon other than to note that few things in it are…Read