[ • 20 Feb 2018 • One Comment]
Two weeks ago Donald Trump refused to execute new sanctions against Russia that were overwhelmingly passed by both houses of Congress. Then, early last week, he ignored the findings of seven top federal cabinet-level officers–including five of his own GOP appointees–who unanimously agreed that Russia meddled in the election and was about to repeat in this year’s mid-terms.    Until now those were his latest reactions in support of his repeated mantra that the accusations against...

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[ • 19 Feb 2018 • No Comment]
From CNS News and the US Treasury The federal government this January ran a surplus while collecting record total tax revenues for that month of the year, according to the Monthly Treasury Statement released today January was the first month under the new tax law that President Donald Trump signed in December. During January, the Treasury collected approximately $361,038,000,000 in total tax revenues and spent a total of approximately $311,802,000,000 to run a surplus of approximately $49,236,000,000. Tell...

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[ • 13 Feb 2018 • One Comment]
WARNING–some of these thoughts may be treasonous. –The best thing to come out of the huge market “correction” is to silence Donald Trump on how he personally was responsible for the rising market. –Were we duped when we were told that General John Kelly was an “adult” now that he has proven to be an unapologetic liar, a xenophobe and protector of a wife beater? Or was he once a good guy corrupted by exposure to Trump? –Very clever of Hope Hicks, Trump’s...

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[ • 8 Feb 2018 • 2 Comments ]
Alec Klein, director of the Medill Justice Project, was accused of “harassing” and “predatory” behavior by former students and employees in an open letter sent to Northwestern administrators on Wednesday. In the letter, former students and employees of Klein and the Medill Justice Project allege that the tenured professor displayed “controlling, discriminatory, emotionally and verbally abusive behavior” while working at the Medill School of Journalism, Media, Integrated Marketing Communications....


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[ • 7 Feb 2018 • No Comment ]
Amazing, seems like this one rating agency has been way more positive about Chicago debt than the other more established firms. Hmm, I bet if someone looked into there might be something missing from this story, something in a press release from Oct 2017. https://t.co/SavQqWdWV3 — Peter Matuszak (@PeterMatuszak) February 6, 2018 Last chance, you would think the wonks at P&I would have picked up on the one thing about Kroll that would tie this whole Chicago double upgrade together. Nope. https://t.co/n7ntQ8wDz8...


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[ • 7 Feb 2018 • One Comment ]
“When it came to the issue of, quote, ‘chain migration,’ I said to the president, do you realize how painful that term is to so many people?” Durbin said. “African-Americans believe they migrated to America in chains and when you talk about chain migration, it hurts them personally.” Durbin’s claim was of course ludicrous on its face: “Chain migration” is a metaphor, conjuring an image of each member of a family as a link in a chain, and has nothing to do with slavery....


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[ • 6 Feb 2018 • 2 Comments ]
With all the advance brouhaha over “The Memo” about to be released by Congressman Devin Nunes you’d think we were going get the contemporary equivalent of the notorious 18 missing minutes of  Nixon tapes.    Instead, we got a lead balloon that couldn’t even be slightly inflated by all the hot air coming out of Sean Hannity’s and Donald Trump’s mouths combined.    Well before it was made public not only were Democrats pointing out its omissions, inconsistencies...


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[ • 6 Feb 2018 • No Comment ]
Back in the 1970s, supporters of the status quo said there was nothing to be done about stagflation (high inflation and slow growth). It was a “fact of life” that Americans had to accept after experiencing faster growth and lower inflation during the decades immediately following World War II. Then, along came the supply-side and monetarist economists with new ideas about how the “policy mix” mattered, that marginal tax rates affected the incentive to work and invest and...


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[ • 1 Feb 2018 • No Comment ]
Strangely, after mistrusting and criticizing–once suing–the FBI for much of my adult life, I find myself in support of the organization’s current presidential investigation.  I feel somewhat the same about the CIA, which concurs that Russia supported Trump’s election. See what Donald Trump does to you?    Oddly enough–though what is odd anymore?–the reverse thing is happening to most conservatives–especially congressional Republicans, once worshippers...


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