The Bishop and the Butterfly: Murder, Politics, and the End of the Jazz Age

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Deficit, what deficit?

By Flavius on Tue, 05/31/2011 - 10:24am |

Indeed in 2007 the chief executives of the Too Big to Fail  Banks made on an average $26 million.

     Joe Nocera , today's Times

And they paid 35% income tax on most of that

             Flavius, dagblog 2 days ago.

 

Just for fun here's some of the 1960  tax rate brackets They started at

0        to     $4000       20%, Then continued

The imaginary Tyler Cowen

By Flavius on Sun, 05/29/2011 - 11:55pm |

For my sins reading  Tyler Cowen  today brought to mind Marianne Moore's hankering for an Imaginary Garden with real toads in  it.

Cowen (no he's not a toad, real or imaginary. Flavius does not do insults. That's  the next office) imagines a driverless auto. Or a lot of them doing various imaginary  good things. One unfortunately has an imaginary accident and kills an imaginary child. I'll  drop imaginary from here on because it's getting tedious ( I know , I know that never stopped me before). 

Anyway following this accident the

Who's entitled to a 35% tax rate?

By Flavius on Sat, 05/28/2011 - 11:34pm |

The top tax rate since 1945 has been 

Years                 %                  On income

                         Rate                 Over              President_

______            ________         _______            ________

 

48-49                82                      400,000            Truman        

 50-63               91                      400,000             Ike/JFK

 64                    77                     400,000             JFK/ LBJ

Even Bitterlemons couldn't make lemonade

By Flavius on Mon, 05/23/2011 - 5:00pm |

.out of Obama's Middle East initiative .

Saree Makdisi is a professor of English and comparative literature at UCLA. wrote, among other books, “Palestine Inside Out: An everyday Occupation

Brad Delong's tour of the horizon.

By Flavius on Mon, 05/23/2011 - 10:16am |

 

 This is a bad time to be an economist. If you were fresh from the womb and had no past opinions to defend……………………………… it might be a fine time to be an economist……………………………….. But for the rest of us--looking back at our……… pronouncements of the past 15 years  it is a bad time to be economist? 

Four years ago we economists were writing learned papers about…………………. how ……….(we) had finally learned…..to control…if not completely eliminate the business cycle 

Yes to Obama on Israel

By Flavius on Sat, 05/21/2011 - 2:23pm |

It boiled down to the inevitable  but innocuous statement that we don't support the IDF being stationed on the Jordan

Inevitable because endorsing  that position would have been= to publically washing our hands of the situation. Which was/is  politically , and geopolitically, unacceptable: Jewish American voters don't want us to do that,The Saudis ,ditto. Ergo we won't.

The Mortgage Crisis same old , same old

By Flavius on Wed, 05/18/2011 - 9:37am |

This was started as a comment to Richard Day's excellent blog but I've decided to post it separately

Several  comments ,the first specific to this situation. The others  I've made here repeatedly. 

The Right is lying,

By Flavius on Tue, 05/17/2011 - 12:10pm |

and the sun rises in the East.

Here's today's installment.

 

From Brad Delong quoting Kevin Drum  describing the misleading  Social Security “statistics” used by  Alan Simpson.

Drum points out that , since 1940 

 For men, life expectancy at age 65 has gone up   from 78   to 83 .. Since retirement age has gone up from 65 to 67, this means that over the past 60 years the expected payout period has increased by about three years. …….. Alan Simpson  …. has no clue about this.:

Fie on the FT

By Flavius on Sun, 05/15/2011 - 12:05pm |

 

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