The Bishop and the Butterfly: Murder, Politics, and the End of the Jazz Age
    Michael Wolraich's picture

    Germany's Bold Plan to Rescue Europe

    As Italy and Spain go tumbling after Greece into an abyss of insolvency, Germany has at last found the will to act boldly in defense of the European Union.

    According to the New York Times, Chancellor Angela Merkel has launched a courageous effort to bail out Germany's struggling neighbors...with the International Monetary Fund's money.

    Not that she's shirking responsibility. After all, Germany contributes a full six percent of the IMF pool.

    And really, why should Germany be any more responsible for bailing out European debtors than the United States (17 percent) and the other 159 non-European members (60 percent). So Germany and Italy share the same currency, what of it?

    Ramona's picture

    Newt to 'Really Poor Children': Buy Your Own Damn Ice Cream

     

    Newt Gingrich is obsessed with the plight of poor kids these days. He's been all over the place talking about them, and I have to confess, the jollier he gets about his remedies for their plight, the more nervous I become.  It's an odd turn of events and one rife with suspicion.  It's Newt we're talking about.  Newt, who eats mean for breakfast and swallows the seeds.

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    Michael Wolraich's picture

    Rethinking Income Inequality: A New Kind of Payroll Tax

    How do you alleviate economic inequality in America? It's easy to complain about greed and extravagance but much more difficult to come up with practical policies that would make a real difference in the long run.

    The default proposal these days is to increase tax rates on top income brackets, starting with an elimination of the Bush tax cuts. That may help a bit, but as you can see from the following graph, the trend toward income concentration did not begin with Bush's presidency, and it would take radical tax increases to get back to 1970s levels. The government would have to strip an additional 30 percent from the incomes of the top ten percent and somehow put that money into everyone else's pockets.

    Doctor Cleveland's picture

    Kevin Hogan Is a Great Teacher; Mike Beaudet's a Pornographer

    Twenty years ago I got my first teaching job, as one of two young English teachers hired by a little high school in greater Boston. The other new teacher was a guy named Kevin Hogan. Kevin was already a much better teacher than I was, assured while I was struggling, deft where I was stumbling, natural in the classroom in a way I wouldn't be until years later. The kids loved him. I liked and admired him.

    Michael Wolraich's picture

    A Real, Real Alternative for President(s)

    There has been much heated discussion in these pages over whether liberals should support President Obama in the 2012 elections or embrace an independent candidate. In the absence of any credible challenger, these debates have been largely hypothetical. That is about to change.

    I am happy to introduce two exciting new candidates who have emerged from the political muck like avenging swamp monsters from outer space. What they lack in experience, charisma, good judgment, and the semblance of any political agenda, they more than make up for in the intangible quality that some call panache, some call chutzpah, and some aren't quite sure what to call. I give you Kat Nove and Jeni Decker.

    Michael Maiello's picture

    The Rich Believe They Are Under Attack

    Hedge Fund manager and former Goldman Sachs banker Leon Cooperman, as self-made a billionaire as any billionaire can be, released today a scathing public letter to Barack Obama

    I read his letter and tried to keep an open mind, so hopefully if he's got an intern Googling for responses, he'll read my reply.

    Dear Mr. Cooperman,

    If you, as a self-described man of great wealth feel unfairly attacked and put upon by society and the government, how on Earth do you imagine that the rest of us, also all hard workers, feel?

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    Donal's picture

    Occupy Envy

     

    Occupy Baltimore plans to "put on a show." 
    We will be having the first meeting of those theatrically minded individuals interested in performing street theater renditions of social justice related works. Our first production will be a half hour rendition of A Christmas Carol by Charles Dickens.
    Not sure how you play Dickens in half an hour.
     

    Meanwhile, in What You Don't Often Hear About Those 'Greedy' One Percenters, Forbes Magazine revives Rush Limbaugh's politics of envy trope - a tirade he aimed at anyone that dared suggest the rich were not deservedly different than you and me.

    The rise of the Occupy Wall Street movement has brought with it a renewed emphasis on the impoverishing notion of envy. To the Occupiers, along with much of the political class, society’s economic rules favor the top 1 percent at the certain expense of the other 99.

    Great rhetoric for sure, but also quite a lot of nonsense. People who should know better bemoan the economic means possessed by the 1 percent, but rarely do they consider the gargantuan efforts required by those at the top to get there in the first place.

    Ramona's picture

    Black Friday as Myth-Buster

     

    After the Thanksgiving Day gluttony is over and after our teams have either won or lost (Our biggie between the Lions and the Packers went horribly awry for my loved ones, poor dears.) and after we've taken our tryptophan-induced naps, the next fun thing to think about, talk about or plan for is Black Friday, our annual Big Huge Shopping Extravaganza.  It's the day when primitive survival skills kick in and the absolutely-must-haves traditionally

    Michael Maiello's picture

    Use of Force

    The spirited discussion from my last post, as well as Wolfrum's takedown of thoughtless libertarianism and Another Trope's well thought out response to his critics, got me thinking about the use of force and police power in general.  I'm unlikely to break any new ground here, but if you'll all indulge me thinking out loud...

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    William K. Wolfrum's picture

    Libertarianism: The "Human Centipede" of political ideologies

    There are no great libertarian thinkers. Libertarianism is the absence of thought.

    Lately, libertarianism has gained some weird popularity in the U.S. Sort of like Garbage Pail Kids did, but more offensive and less intellectual. Somehow, a growing group of maniacs has decided that things like paying taxes and making sure their handicapped grandma doesn’t die is an affront to their personal liberty.

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