Obama Administration Seeks Employer-Side Payroll Tax Cut

By: David Dayen Thursday June 9, 2011 7:01 am

We’ve done hiring tax credits, we’ve done “16 small business tax cuts,” we’ve done a number of measures over the past two years aimed at getting businesses to hire, most of which made the cost of hiring cheaper. These have not worked appreciably. The payroll tax cut in question may (or may not) be better than nothing, and their macroeconomic impact would depend on size.

Saving Money by NOT Privatizing

By: WhyIHateCCA Thursday June 9, 2011 5:46 am

New Sheriff Al Neinhuis of Hernando County, Florida is actually saving the county more than a million and a half dollars just this year, compared to what CCA would have charged to operate the facility. And he’ll do it better.

Early Morning Swim

By: Blue Texan Thursday June 9, 2011 4:46 am

 

Roosevelt Institute Abandons Traditional Liberal Health Care Policies For Pete Peterson

By: Jon Walker Thursday June 9, 2011 3:30 am

The center-right nature of their plan helps move the Overton window of the debate on both health care and the deficit dramatically to the right. By choosing groups that would exclude the most obvious health care cost-cutting option available, the one that has proven an unqualified success at efficiently delivering health care coverage to the industrialized world, Peterson never risked accidentally proving that the progressive goal of “Medicare for all” also just happens to be the best deficit reduction plan available. And of course by submitting any plan at all, these organizations allow Peterson to pretend “even liberals” embrace the decidedly non-Keyesian notion that now is the right time to worry about long-term deficits.

Overall, it appears Peterson spent his money well.

Pointing and laughing

By: Attaturk Thursday June 9, 2011 1:00 am

We amuse the rest of the world, we’re like a clown to them.

Late Night: Bachlin Pamann Morondrive

By: Thers Wednesday June 8, 2011 8:00 pm

Let’s pick who’s crazier: Bachmann or Palin, Today in news only marginally less stupid than pictures of somebody’s junk.

Have WSJ and Al Jazeera Already Ceded the Espionage Debate?

By: emptywheel Wednesday June 8, 2011 7:05 pm

Electronic Frontier Foundation has a report on the terms of service Wall Street Journal and al Jazeera offer leakers using their WikiLeaks competitor sites. I had already heard that WSJ offered almost no technical security (which EFF describes), but it turns out neither offer much in the way of confidentiality guarantees.

Just How Many Speeches Did Ben Bernanke Give Yesterday?

By: dakine01 Wednesday June 8, 2011 6:10 pm

Federal Reserve Chairman Ben Bernanke gave a speech yesterday to the International Monetary Conference in Atlanta, GA. Only one speech. Yet looking around the Toobz at the various headlines at news sites on this speech, it must have been an all things to all people speech as I’ve found at least four different perspectives presented, some of them directly contradictory.

Robert Mueller: Anna Chapman and Mohamed Mohamud Are Bigger Threats than Lloyd Blankfein

By: emptywheel Wednesday June 8, 2011 5:15 pm

In spite of his concession that the banksters’ “massive corporate frauds … weaken the financial system and victimize investors, homeowners, and ultimately taxpayers,” Mueller seems to think that a hapless teenager framed by the FBI represents a bigger threat to our country than Goldman Sachs crashing our entire economy.

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