The appearance of the new Tax Incidence Study has people on both sides of the tax fairness issue looking like coke addicts trying to line up the facts on a mirror. The arguments put forward for and against certain findings reflect our views of rich and poor rather than a pure view of the evidence. W...

Look, the nimble television networks are seamlessly transitioning into recession-era programming! Instead of sitcoms about upwardly mobile whites, it's sitcoms about downwardly mobile whites. With product placement for the poors! ABC is leading the way with two new pilots for the upcoming post-boom ...

Great piece by Michael Lind in today’s Salon on the timid liberalism of Obama’s policies, an absolute must-read. Here’s an excerpt: I’m sympathetic to the argument that the public, after nearly half a century of conservative anti-government propaganda, will oppose the direct ...

“So we’ll let you continue to rape and pillage - just not as often. And you won’t be paid as much for it.” WASHINGTON - Just four months ago, the pharmaceutical industry was prepared for the worst. Drugmakers feared that Barack Obama would press for price controls on prescrip...

The horror goes on. And in the meantime, Congressional “moderate Dems” are fighting to make sure the only people who will get real help are on Wall Street! (Thanks, Rahm, for insisting we starve all the progressive primary candidates of cash. Have you explained that stategy yet to your n...

George Clooney: We all know why we’re here and it’s not simply to report the status quo. Even though this status quo is beyond the pale of what is acceptable. It’s beyond our understanding of how much a person can take. Nothing new to report—except the shame of what man can do to man. An...

On cramdowns, via Chris Bowers....

This is a video of Bizkit the sleepwalking dog. You should watch it, it's funny and sad at the same time. SPOILER ALERT: The dog sleepwalks into the wall. I originally thought it was cruel, but then watched the rest of the user's videos and they film the dog all the time, so I don't think they knew ...

"The Rich Man and Lazarus" (formatted for modern residents of urban neighborhoods) There once was a rich man, expensively dressed in the latest fashions, wasting his days in conspicuous consumption. A poor man named Lazarus, covered with sores (likely due to his runaway diabetes and no health care o...

Well now, let's just open the paper and have a look at the...OHMIGOD, what the hell, Jesus Christ, is the entire world economy collapsing today, worse than ever? Yes it is. Warren Buffett, the world's best investor, has his worst financial year ever in 2008. (Still better than your financial year). ...