Summary: The media overflow with hysterical predictions about the next four years, but few well-grounded visions. Here is a brief look at  some of what we can expect, and why, and what these events reveal about ourselves. What makes America great? Great for whom? Investors have pushed US stock to near-record valuations (record valuations on …
Summary: Mike Lofgren provides more analysis of the Republican Party’s obsessions with reducing taxes on the rich and massive military spending — paid for by massive sustained borrowing. The last period of balanced budget (at least on a cash accounting basis) under President Clinton fades into history, as the GOP leads us towards the post-Constitutional era. …
Why Republicans Need Remedial Math: Their Budget Plans Explode the Deficit Read More »
Some articles you might find of interest, updates about matters discussed on the FM website. Contents About government efforts to control the news At last, sensible action to mitigate the housing crisis News about the financial crisis About the US dollar (1)Â About government efforts to control the news “Media Criticism, Chicago-Style“, Glenn Reynolds, op-ed …
