The Republicans have announced that they are gearing up to deal with the post-Obamacare era when, and if, the Supreme Court rules that the mandate is unconstitutional. Recall that the mandate is a part of the overall legislation that makes it mandatory to sign up for health care. This is the element of the law… »
There’s not much to say. After all the brinkmanship and game playing over the debt limit last year, and after being ridiculed by pretty much everyone, the Republicans are back at it. In an election year and with last year’s plunge in the polls as… »
Nothing that has emerged about the JP Morgan losses announced last week has altered my original conclusion. This was a basic failure of governance, of regulatory oversight, and of control. Oh, and of orthodox economics. Again. Yes there were rules in place to prevent such… »
Talk about bad timing. JP Morgan, the bank that can do no wrong, has announced a major loss. $2 billion to be precise. Or rather that’s the bit of the… »
Probably both. America’s ideological nightmare continues. So extreme are the Republicans nowadays that they have just thrown out, in a primary battle, one of their long standing Senators. Lugar from… »
The economy sidles along. Sideways has become the constant theme this year and none of the news contradicts the notion that our malaise will linger. In view of the lack… »