dangerousmeta!, the original new mexican miscellany, offering eclectic linkage since 1999.

PS Mag: Twenty Years Ago, We Reformed Welfare.

The program’s fixed block-grant structure meant it couldn’t respond to economic downturns by increasing aid. During the downturn — which was, lest you forget, the most severe economic slowdown in recent history — many states actually aggressively cut people from the welfare rolls in the face of budgetary pressures, reporting declines in their welfare caseloads.” Yeah, the Clintons should not brag about this. My fellow Dems know about the bait-and-switch of block grants. Well, if you oppose them now, you should not believe this is a feather in the Clinton cap. Never again.

08/12/16 • 11:32 AM • EconomicsHome & LivingHuman RightsLawPolitics • (0) Comments • (0) Trackbacks

Political Wire: Clinton Paid 34% Effective Tax Rate.

Mrs. Clinton and her husband, former President Bill Clinton, paid an effective federal income tax rate of 34% in 2015 and donated nearly 10% of their gross income to charity, the campaign said in a statement.” A proper display of financial ‘patriotism’. Now the other candidates need to step up ...

08/12/16 • 11:14 AM • EconomicsHistoryHome & LivingPolitics • (0) Comments • (0) Trackbacks

Slate: The United States of Debt looks into rising health care costs.

Too familiar, these.

08/11/16 • 02:37 PM • EconomicsHealthHuman RightsPolitics • (0) Comments • (0) Trackbacks

SF New Mexican: New Mexico pension funds miss targets for returns.

The New Mexico Public Employees Retirement Association that oversees pension funds for state, county and municipal workers along with judges and volunteer firefighters is reporting a return on investments of less than 1 percent for the fiscal year ending in June.” Major ouch.

08/11/16 • 09:08 AM • EconomicsSanta Fe Local • (0) Comments • (0) Trackbacks

naked cap: Clinton’s Red-Baiting Fails to Address Inequality, War-Mongering as Trump Flails.

The ‘Obama third term’ fantasy: “Well, the problem is that many people aren’t better off than the last eight years. Ten million families have lost their homes, and most peoples’ budgets are being squeezed. Obama saved the banks not the economy.” Obviously I don’t agree with his take on Trump as being the lesser evil, but given Hudson’s background, it’s worth reading.

08/10/16 • 11:01 AM • EconomicsHistoryPolitics • (0) Comments • (0) Trackbacks

OilPrice: The Consequences Of Big Oil’s Exploding Debt.

Nice. Borrowing to pay dividends. We should all stand by ready to yell “boing”!

08/09/16 • 04:25 PM • EconomicsEnvironmentalPolitics • (0) Comments • (0) Trackbacks

ineteconomics.org: Stark New Evidence on How Money Shapes America’s Elections.

Their answer is stunning: there is strong, direct link between what the major political parties spend and the percentage of votes they win – far stronger than all the airy dismissals of the role of money in elections would ever lead you to think, and certainly stronger than anything you read in your poli sci class.

08/09/16 • 10:06 AM • EconomicsHistoryHuman RightsLawPolitics • (1) Comments • (0) Trackbacks

naked cap: JAMA Turns Over Its Pages to Neoliberal Policy Erasure on Health Care, Because Obama.

... the “public option” is also a sort of policy earworm, impossible to get out of your head once you hear it. It sounds like such a good idea, and I can even imagine that the Clinton administration would propose legislation for in 2017. But it’s no substitute for single payer, and I argue that creates a very dangerous precedent.” Read it through, see what you think.

08/08/16 • 10:53 AM • EconomicsHealthPolitics • (0) Comments • (0) Trackbacks

Dazed (UK): Going to university is officially not worth it, says study.

The research – published last week – claims that your university degree could be leaving you perpetually out of pocket unless you go to Oxbridge or become a doctor.

08/08/16 • 10:27 AM • ChildhoodEconomicsHome & LivingScholarly • (0) Comments • (0) Trackbacks

The Atlantic: Can a North Dakota Oil Town Break the Boom-Bust Cycle?

Partridge cites Denver as an example of a place that grew beyond its early boomtown origins.” And boy, was that painful. Actually, multiple times.

08/08/16 • 10:12 AM • EconomicsEnvironmentalPolitics • (1) Comments • (0) Trackbacks

OilPrice: Despite Low Oil Prices, Saudi Arabia Stabilizing Economy.

All I have to say is, New Mexico better unlink revenue from oil and gas, and move into renewables. Like, yesterday.

08/05/16 • 07:17 AM • EconomicsHome & LivingPoliticsSanta Fe Local • (0) Comments • (0) Trackbacks

Buzzfeed: Robert Reich Says The Gig Economy Can Be A “Nightmare”.

Can be!

08/04/16 • 11:09 AM • EconomicsHome & LivingHuman Rights • (2) Comments • (0) Trackbacks

WaPo: ‘I don’t like the idea of capitalism’ - Charles Koch, unfiltered.

Many decry them as brainless. Hardly.

08/03/16 • 07:29 AM • EconomicsPolitics • (0) Comments • (0) Trackbacks

Bloomberg: Aetna’s Obamacare Reversal Is Latest Blow to U.S. Health Law.

Read further before judgment.

08/02/16 • 06:30 PM • EconomicsHealthPolitics • (0) Comments • (0) Trackbacks

NY Post: Why millennials are forgoing college for blue-collar jobs.

Mayancela’s pay package after his five-year apprenticeship as a unionized steamfitter in New York City will be $110 an hour.

08/01/16 • 12:04 PM • EconomicsHome & LivingPolitics • (0) Comments • (0) Trackbacks

PS Mag: A New Analysis Suggests Hillary Clinton’s Economic Plan Will Boost Employment and GDP.

And on the flip side, a non-economist view.

07/29/16 • 11:48 AM • EconomicsHuman RightsPolitics • (0) Comments • (0) Trackbacks

NakedCap/Michael Hudson: Obama Said Hillary Will Continue his Legacy – and Indeed She Will!

*Sigh*. Hillary supporters, wait until the laughing gas wears off before reading. Michael Hudson’s Wiki entry.

07/29/16 • 11:41 AM • EconomicsPolitics • (0) Comments • (0) Trackbacks

Economist.UK: Defend me maybe.

Mr Trump is right that many European countries spend too little on defence. But to suggest ignoring treaty obligations is reckless.” See the chart. Countries that can easily afford it, don’t. Even Greece is paid up.

07/28/16 • 07:52 AM • EconomicsGeneralPolitics • (0) Comments • (0) Trackbacks

naked cap: Oil Industry About To Be Burned Again By Fall In Oil Prices.

This repeating process qualifies under the standard definition of insanity – namely, continuing to do the same thing that got you in trouble before.” Couldn’t happen to nicer people (being facetious, relax).

07/28/16 • 07:18 AM • EconomicsEnvironmental • (0) Comments • (0) Trackbacks

Political Wire: Is Putin Trying to Meddle in the U.S. Election?

Theory-du-jour. I’m expecting some wag to accuse Bernie supporters (“Leftists”) of working with Russia, bringing McCarthyism back to a head.

Trump isn’t the only one with Russian connections. VERY IMPORTANT, if you’re interested in Russian influence, that you read this article about Hillary Clinton and the Clinton Foundation. NY Times link, not Breitbart, so we conservative-source-dislikers can’t poo-poo it. You will wonder why, as I do, that nothing has ever been followed up on.

07/26/16 • 09:15 AM • EconomicsHistoryPolitics • (2) Comments • (0) Trackbacks

CEPR/VOX: Labour market recovery since the Great Recession.

Disparity between education and job skills. Or so this indicates.

07/25/16 • 08:56 AM • Economics • (0) Comments • (0) Trackbacks

nakedcap: How Much Do Shady Financial Practices Cost You, Exactly?

... we need three complementary approaches: improved financial regulation, building on what Dodd -Frank has already accomplished; a restructuring of the financial system to better serve the needs of our communities, small businesses, households, and public entities; and public financial alternatives, such as cooperative banks and specialized banks, to level the playing field.” Kaine is clearly on the wrong side of this issue.

07/25/16 • 08:34 AM • EconomicsPolitics • (0) Comments • (0) Trackbacks

DP Review: Flickr ownership changes hands as Verizon acquires Yahoo.

Sit and wait.

Later: Ruh-roh. Via WSJ, “Verizon is building a portfolio of online content and aiming to monetize it via advertising.” Maybe we want to get the hell off Yahoo!, just to save our sanity (and inboxes).

07/25/16 • 08:16 AM • EconomicsPhotography • (5) Comments • (0) Trackbacks

WSJ: Spotify Rolls Out Programmatic Ad Buying.

FYI. Seems the monthly fee is not enough?

07/22/16 • 07:36 AM • EconomicsInternetMusic • (0) Comments • (0) Trackbacks

SciAm: Companies Should Be Required to Reveal Climate Risks.

They should also have to explain how they’re going to clean up their operations ... without taking their companies or shell-companies bankrupt in order to lard it all on the taxpayers.

07/22/16 • 07:34 AM • EconomicsEnvironmentalPolitics • (0) Comments • (0) Trackbacks
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