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Michael Maiello's picture

CPI Unchained Open Thread

I've written about the Chained CPI here at Dag, oh... a lot of times.  I also wrote about it when I had my column for The Daily and, as I've done a lot of research, I consider myself an informed Chained CPI dissenter as a matter of political and economic fairness.  In short, I believe that its use of "the substitution effect," where consumers respond to the rising prices of some goods by buying others, can be used to mask changes in standards of living.

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Michael Maiello's picture

How Republicans Try To Save Face On Same Sex Marriage

The "values" wing of the Republican party decided, against the advice of their more libertarian brethren, to wage a social war against same sex marriage and, whatever the Supreme Court decides in its two big marriage cases, the "values" bloc has clearly lost the fight.  Though your experience may vary by region, the country has evolved to at best a pro-same sex marriage consensus and at least a healthy "live and let live," attitude about it.

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Michael Maiello's picture

Are We Selfish Or Misled?

One of the things that most irks me about Thomas Friedman, aside from the fact that he's a terrible writer who has somehow won a huge audience, is that he is so willing to blame Americans for their own problems.  This morning, for example, he cites Adam Garfinkle:

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Michael Maiello's picture

Violence Is Not The Only Authority

Libertarians tend to be very interested in the government's monopoly on legitimate violence.  It's true.  It's a major issue.  I think I get where Rand Paul was coming from last week and I even support it.  The government can take your life, your property and your freedom.

But, you know, it usually doesn't.  You are unlikely, my friends, to ever find yourself in combat with government agents.  That's a good thing.  The government will largely not restrict your freedoms.  The government largely doesn't care.

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Michael Maiello's picture

Of Papacies and Powerpoints

I was baptized Catholic though, at that point in my life, I was too young to have much say in the matter.  As I grew older (not much older, it turns out) and more into a wise ass, I found myself in frequent conflict with my catechism teachers over the issues of where babies come from (I did not, in fact, have any real idea though I was pretty sure that Jesus was not magic).

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Michael Maiello's picture

Filibuster Open Thread! *Updated*

Okay, Rand Paul is basically unloved around here.

But I like that he's using the talking filibuster to make his point about Obama's drone policies.  That, rather than procedural games, requires some physical, mental and emotional sacrifice.  It i in keeping with the spirit of passionate argument and debate, rather than parliamentary trickery.

Also, his demand: that Obama clarify whether or not a weaponized drone can be used against an American and for what purpose, sounds totally reasonable to me.

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Michael Maiello's picture

The Sequester Is Making Us Stupid

One of the things that's always bothered me about the debt ceiling and about the sequester is that they've been touted as some sophisticated form of "game theory" that can somehow force Congress to make responsible decisions.  It's just not so.

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Michael Maiello's picture

Romney Has Learned Nothing

Back during the debates about the Affordable Care Act, I complained quite loudly and often that the legislation did not do enough good for people who already have health insurance, particularly through their employers.

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Michael Maiello's picture

What's Your Bank Worth?

For Reuters today, I've decided to argue that the whole question about whether or not a bank is solvent, or what it's worth, is something that we'd all be better off without.  And, in a world where you can get the daily net asset value of more than $13 trillion in mutual funds and $2 trillion in exchange traded funds, there's really no excuse for not forcing banks to become more radically transparent.

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Michael Maiello's picture

The Best Argument Against The Keystone Pipeline Comes From: The Manhattan Institute?

The Manhattan Institute is a conservative, somewhat libertarian think tank here in New York, probably best known for pushing the "broken windows policing," that has defined law enforcement in the city since the Giuliani era.  They are generally free marketers and pro-law enforcement conservatives.  They very often, like the contributors to Reason magazine or CATO classic, come up with some novel ideas and are worth checking in with every now and then, even by lefties.

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Personal Information

Website
http://www.dagblog.com
Superpowers

Figure Four Leglock.

Favorite Quotes

Jet flyin, limo ridin, kiss stealin, wheelin, dealing, son of a gun!

Biography

Michael Maiello (also known as "Destor23") is a New York based columnist, performer, fiction author and playwright. He is the author of Shuts & Failures, Rejected New Yorker Pieces (Also Rejected by McSweeney's!). He worked for ten years at Forbes Media, writing and editing for both Forbes Magazine and Forbes.com and also appeared frequently on CNBC, Fox News, Fox Business News, CNN and MSNBC.  He is also the author of the 2004 book Buy The Rumor, Sell The Fact: 85 Wall Street Maxims and What They Really Mean. He has performed stand up comedy at The Laugh Factory, The Comic Strip and the Philadelphia Fringe Festival, Mama D's Arts Bordello and The Lost and Found Show. He has had four plays published (Night of Faith and Waiting For Death by Playscripts.com; Principia and Troy! Troy! Troy!by The New York Theatre Experience/indiethieatrenow). He has written for Rolling Stone, The Daily, Reuters, Esquire, McSweeney's the Liar's League reading series and theNewerYork.

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