It’s the Wars, Stupid

Naive leftist hippie dreamers like me have been saying for years that no one asks the question, “Where is the money going to come from” (for national health care, for a New Deal-type government public works program, for extending unemployment benefits, for providing federal emergency funds to...

David Brooks Again

I don’t even have to read his columns anymore. I can see how nauseating they will be from the snip of the first paragraph on Memeorandum, as today: Sometimes life presents you with a basic philosophical choice.  Americans are going to have to confront a giant one over the next several years. ...

Millionaires to Feds: Tax Us More — Please!

This is not a joke. There is a group of almost 200 millionaires who have been lobbying the federal government to raise revenue and reduce the deficit by taking more of their money: Nearly 200 millionaires have signed a letter asking congressional Republicans to consider healing budget gaps with increased...

Obama Tells Career College Programs To Shape Up

Speaking as someone who acquired lots of debt getting a degree in Paralegal Studies from a school that totally failed to follow through on its promise of career placement guidance, this is a very good thing: Today, the Obama Administration released final regulations requiring career college programs to...

The Real Rapture Is Upon Us

This is what happens when you play chicken with the debt limit: Moody’s Investors Service said today that if there is no progress on increasing the statutory debt limit in coming weeks, it expects to place the US government’s rating under review for possible downgrade, due to the very small...

On Republican Folly, Baseball Analogies and the Twins

Allow me to use a baseball analogy for a moment. Say you are an aspiring Major League manager. Your best bet to get a job is with the beleaguered Minnesota Twins, a team that is currently 14.5 games out of first, has won only 16 out of 48 games and is in last place overall in the league. At this point in the...