Matt Taibbi’s latest dissection of the dark arts of legislative sausage-making, “Wall Street’s Big Win: Finance reform won’t stop the high-risk gambling that wrecked the economy – and Republicans aren’t the only ones to blame” is up on the Rolling Stone website. Read the whole thing, but not while you’re eating, or if this is …
C.R.E.A.M.
Early Morning Open Thread: Jobs for American IT Workers?
Had not heard about this particular “border bill” until I stumbled across the NYTimes article, but I know that corporate use of H-1B visas is not popular among American IT workers: A Senate bill approved Thursday night by unanimous consent would pay for more security along the Mexico border by raising fees for companies from …
Early Morning Open Thread: Jobs for American IT Workers?Post + Comments (48)
“Why Has He Fallen Short?”
Given the local fondness for Paul Krugman, I found this passage from Frank Rich’s review of Jonathan Alter’s The Promise for the NY Review of Books particularly interesting: … The Promise depicts a carelessness and dysfunctionality in the economic team that at times matches that revealed by Rolling Stone in the military and civilian leadership …
It Don’t Come Easy
This TPM story about Target’s abject apology for donating $150K to a Republican candidate with anti-gay positions illustrates that Citizens United isn’t a slam-dunk for corporations. Corporations have customers, those customers have a wide set of political interests, and companies have to think about how those customers will react when they jam money in some …
Florida politics
This isn’t getting as much attention as it deserves: whack-job millionaire Jeff Greene is now leading Kendrick Meeks in the Florida Democratic primary for US Senate. If Greene gets the nomination, I would expect the Democratic party to throw him under the bus and treat Charlie Crist as the de facto Democrat in the race. …
Always, Always Wrong
Irvine Housing Blog goes medieval on McMegan, who thinks that all mortgages should be ARMs. Who needs a fixed-rate mortgage when we all know that interest rates will never go up? (This was in yesterday’s comments, but nobody got a chance to post it.)
Koch and sympathy
Fee-fees of the rich and famous: The piece has illuminated David Koch, a man whom some have branded as an ‘environmental criminal’, and has made him human with a real voice, with real jokes (on his artificial knees: “If you spent as many years as I did begging girls for favors, you’d have bad knees, …