Hold Fast

I’m going on vacation and will have light posting (or, ideally, no posting) while I’m away. If you’re looking for other plays for insightful commentary, check out the blog roll.

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Rest in peace, Senator Byrd.

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James Galbraith has a very interesting idea for how we can help the economy and create jobs without spending money (though he does think spending money is the right course). Galbraith says we need to shrink the labor force by lowering the Medicare eligibility age to 55, as well as temporarily removing the early retirement [...]

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I’m just getting word that Tibetan environmental activist Karma Samdrup has been sentenced to 15 years over bogus charges of political activities that defy even the cynical standards of the Chinese government’s crackdown in Tibet. Andrew Jacobs of the New York Times had a great piece on Karma Samdrup and his brothers, as well as [...]

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The austerity measures unveiled by the David Cameron’s conservative government in the UK are really brutal and certain to put a huge hurt on working families in Britain. But at least conservatives across the pond have the honesty to recognize that if deficit concerns are to be addressed, you can’t simply cut spending and not [...]

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While I agree with Chris Bowers that Gen. Stanley McChrystal cannot be afforded any special treatment because he is a General when it comes to disrespecting and undermining his superiors, I also agree with Jim White that McChrystal should be getting called back to Washington to undergo a serious re-evaluation of our policies in Afghanistan [...]

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Paul Krugman does a mitzvah and donates yet another column to fighting back against the deficit hype while defending the need for continued stimulating expenditures and job creation. Penny-pinching at a time like this isn’t just cruel; it endangers the nation’s future. And it doesn’t even do much to reduce our future debt burden, because [...]

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Busy day, but just want to highlight this passage by Paul Krugman. In America, many self-described deficit hawks are hypocrites, pure and simple: They’re eager to slash benefits for those in need, but their concerns about red ink vanish when it comes to tax breaks for the wealthy. Thus, Senator Ben Nelson, who sanctimoniously declared [...]

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A little while back I posted a video of Sam Seder explaining why comparisons between the US and Greece economically was BS. Seder’s regular video postings are worth a watch.

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