krebscycle

Category: Uncategorized

  • The failure of the Iraq Surge: 2007 Testimony and More

    Iraq War Reality Below is Nir Rosen’s reality check of the fantasies of US Media and air-condition office COIN experts about the “surge”. Also please read “StoneKettle” for the view of a US Iraq War Vet And please read General William Odom’s analysis. Prepared Testimony of Nir Rosen Before the…

  • The US Government is not a payday lender

    If that’s confusing, there’s an even easier way to think about it. TARP made its first round of investments on Monday, October 13, 2008. As of November 21 last year, TARP was about to turn a paper profit, at least according to the Treasury Department, getting $432 billion back on $422 billion…

  • Who is Noah Smith kidding?

    Students’ dissatisfaction is mostly about politics – they perceive mainstream economics as thinly disguised shilling for unrestrained free-market capitalism (also called “neoliberalism”). But that criticism is extremely out of date. Any Econ 101 course not taught by a total ideologue will contain plenty of theories that support the need for…

  • Economics can make even smart people stupid

    This is the from the department of duhsplaining. Professors Mian and Sufi are upset at the Obama administration The two men — economics professors who are part of a new  generation of scholars whose work relies on enormous data sets — argue in a new book, “House of Debt,” out…

  • Felix Salmon, unreliable narrator, takes on Geithner

    Felix, like all the other cool kids, finds Tim Geithner just despicable – and he is thrilled to catch Tim foolishly trying to act cool when everyone knows that Tim is just a dork But here’s the thing: we can read the speech, it’s archived on the Fed’s website. And…

  • Tax Gifts allow the privileged to keep other people’s money

    If you are a hard working plumber your income will get taxed at around three times the rate paid by a hedge fund manager – because his income is classified as “capital gains” and yours is “earned income”.  The usual excuse for this tax gift to the hedgie is that…

  • Good faith liberalism

    Paul Ryan: ““Your buddy Charles Murray or Bob Putnam over at Harvard, those guys have written books on this. Which is, we have got this tailspin of culture in our inner cities in particular of men not working, and just generations of men not even thinking about working and learning…

  • The gullible nature of Conservative and Mainstream Liberal Foreign Policy

    The United States has become almost entirely dependent on the the good will  and stability of the Chinese Communist Party for manufacture of computer boards and many types of electronic components. Much of what manufacturing is not yet in mainland China is in Taiwan.  And it’s not just the components…

  • White man speaks with forked tongue

    Ted Cruz’s father is his main political advisor and is a heavy hitter in Republican circles in his own right. He is also a Dominianist Cultist who believes that members of his “Christian” sect are supposed to rule the lesser peoples (everyone else) and that his son, Ted, has been…

  • Tedious lectures from delusional “realists”about Ukraine

    The internet and media has been positively saturated with stale lectures about how “decadent” Europe and “effeminate” America, led by our naive and hapless (ahem , “black”) President need to man up and drop our fuzzy butterfly dreams of post-history in the face of Shirtless Putin The Barbarian.  Perhaps our…