Fucking Royals

Mike the Mad Biologist

Category archives for Fucking Royals

By now, you might have heard about how the Wisconsin Senate Democrats have fled the state in order to prevent a bill from passing, supported by Republican Governor Scott Walker, that would cripple public sector unions (if it’s about redressing the budget, then why does the bill deal with union dues, which have nothing to…

How to Deficit Spend Stupidly

I’ve often discussed on this blog how the advantage of having a fiat currency is that one can deficit spend when you need to (think of it as being on the gold standard, except that you can mine as much gold as you need, when you need it)*. Of course, if you deficit spend when…

The Rotten Revolving Door

Marshall Auerback comments on the new ‘creative’ economy (italics mine): Finally, there is the odious problem of political corruption, which manifests itself in many forms, but most recently through the cynical revolving door policy between Wall Street and government. Peter Orszag’s move to Citi after spending months launching broadsides against Social Security from his perch…

Democrats need a better class of pundits, ones who aren’t so enamored of their own cleverness, while at the same time, utterly ignorant of political history. It would help, for instance, when trying to defend the estate tax. Matthew Yglesias, in a fit of contrarianism worthy of William Saletan, asks the following scintillating question: I…

While there’s been some discussion of the massive cut, albeit temporary, in the estate tax (arguably the tax cut least likely to produce jobs), the new gift tax rules are even more obscene: Families would be able to make tax- free gifts to their children or others of as much as $10 million, an increase…

Regarding their op-ed page, The New York Times seems eager to provide misinformation via Thomas Friedman columns. It’s a fascinating business model. Besides, being lectured by Tom “Suck on This” Friedman completely blows up the irony meter. His latest inane–and factually incorrect–burbling: Let’s kowtow even more to public service unions so they’ll make even more…

And ‘suburban’ is code. Monday, I responded to a rich twit’s complaint about how difficult his life was at $450,000 of annual income (Note: Since then, said twit has removed the post. Fortunately, Brad ‘Deling’ DeLong is aware of all internet traditions, and has saved the post for posterity). In that post, I wrote: Perhaps…

I swear every time I go on vacation, there’s an outbreak of stupidity. One symptom is a ridiculous plaint by law professor Todd Henderson, who whines about barely getting by on $450,000 per year. No, really, I’m not kidding. I suppose the rest of us should just eat a bullet or something (and bullets are…

Why, yes, I did. And Senator Evan “I’m dumber than a sack of hammers” Bayh illustrates exactly what I’m talking about: Today, MSNBC’s Chuck Todd asked Bayh about the poverty data, and whether there is a disconnect between the real economic pain that people are feeling and lawmakers squabbling over tax rates for the wealthy.…

Thankfully, I’m Part of the Amateur Left

Apparently, the Obama Administration is very upset with the “professional left”: “I hear these people saying he’s like George Bush. Those people ought to be drug tested,” Gibbs said. “I mean, it’s crazy.” Actually, when it comes to the expansion of presidential power, Obama has been worse than Bush. After all, never claimed he had…