-
Herman Cain Sexual Harassment Charge Shows He's Legitimate
Tweet Share on Facebook October 31, 2011 Comment (19)If anyone needed proof that Herman Cain had become a legitimate contender for the 2012 presidential nomination, the story that broke over the weekend in Politico--that he had been accused of sexual harassment when he headed the National Restaurant Association--is it.
-
Little Sympathy for Bernie Madoff's Family
Tweet Share on Facebook October 31, 2011 Comment (3)Surely, it's been a difficult time for the wife and son of Bernie Madoff, the man now serving a 150-year prison sentence for running a $65 billion Ponzi scheme and bilking investors out of their life savings. The couple's other son, Mark Madoff, committed suicide, hanging himself with a black dog leash while his two-year-old son slept nearby. Ruth Madoff, Bernie's wife, says she knew nothing about her husband's crimes while they were happening, but must endure the harassment, shame, and upsetting newspaper headlines that have come as a result of the scandal. And Andrew Madoff, the other son, feels betrayed.
-
Remembering Clarence Thomas and Anita Hill, 20 Years Later
Tweet Share on Facebook October 31, 2011 Comment (18)Thunder, lightning, and rain came from Sens. Alan Simpson, Orrin Hatch and Arlen Specter—and oh, what a specter it was 20 Octobers ago when Clarence Thomas was not facing the nation as the Judiciary Committee weighed his Supreme Court nomination. Instead, he was hiding, refusing to listen to Anita Hill, a lawyer who worked for him at the Equal Employment Opportunity Commission, give specific example after specific example of his sexual harassment and pornographic references on the job. If her allegations were true (and they rang true to us out on the West Coast) then supposedly he would be out of the plum treat of a court seat.
-
Present George Will Agrees with Past George Will, For Once
Tweet Share on Facebook October 29, 2011 Comment (5)George Will's Sunday column is making the rounds even before the weekend starts.
-
An Efficient Metaphor for What's Wrong With Congress
Tweet Share on Facebook October 28, 2011 Comment (17)We know Congress isn't getting along. But that's no good reason to spend less time together.
-
Rick Perry's Flat Tax Isn't Flat
Tweet Share on Facebook October 28, 2011 Comment (17)We learned this week from the CBO that over the last 30 years, the income of the top 1 percent of earners shot up 275 percent, compared to the middle three-fifths, whose income grew by only 40 percent. No wonder people feel like there isn't a level playing field in America anymore. That feeling explains why so many people are interested in a flat tax. Done right, a flat tax would lower and simplify federal income tax rates, broaden the base, eliminate deductions and loopholes, attract foreign capital, add certainty for individuals and businesses, end "crony capitalism," and most importantly, spur growth and job creation.
-
How the Tea Party Will Re-Elect Barack Obama
Tweet Share on Facebook October 27, 2011 Comment (7)The folks from the Party of Tea are doing their damndest to re-elect Barack Obama. God bless them.
-
Imagining Mitt Romney Economics in Action
Tweet Share on Facebook October 27, 2011 Comment (3)So, Scott. You complain a lot about the staleness and rigidity of conservative economic orthodoxy. What's your problem, then, with Mitt Romney? Isn't he just the type of slippery character who will ditch the pandering on January 21, 2013, and govern like a problem-solver?
-
What Drives Growth: Consumer Debt or Corporate Investment?
Tweet Share on Facebook October 27, 2011 Comment (2)Here's an economic thesis to make your hair stand on end:
I'm going to let you in on the best-kept secret of the last century: private investment—that is, using business profits to increase productivity and output—doesn't actually drive economic growth. Consumer debt and government spending do. Private investment isn't even necessary to promote growth.
-
Why GOP's 'Birther' Attacks on Obama Will Backfire
Tweet Share on Facebook October 27, 2011 Comment (5)Just when you thought the ridiculous "birther" movement had died down, GOP primary contender Rick Perry has brought it back. In separate interviews, Texas governor Perry indicated he wasn't completely convinced that President Obama was born in the United States. In an interview with Parade, Perry said he had recently dined with Donald Trump (a fact Perry, remarkably, volunteered to the magazine) and that Trump still did not believe that Obama's long-form birth certificate was real. Perry wouldn't go that far, but nor would he say that he was sure Obama is an American citizen.
