Author: Phil Scarr

Senators McCain (R-AZ) and Kay Hagan (D-NC) are introducing legislation to allow multinational corporations to repatriate overseas profits at the rate of 8.75% instead of the corporate rate of 35% (the effective rate, though is about 22%).  This proposal replicates the actions of the Bush administration in 2004 who granted…

You know, the world is peopled with some big socially tone-deaf jerks.  People who don’t understand social circumstances.  Then there are these douchebags at the CBOT who have their own editorial perspective on the Occupy movement. “WE ARE THE 1%” I wouldn’t necessarily take pride in that.  Making a point of…

The NYPD is now attacking protesters with nightsticks.

There does seem to be a problem in macroeconomics these days.  I know the problems are hard, the datasets are huge and the models are complicated.  I get it.  It takes a lot of time to slog through data, models and problems to reach something approximating an answer to why…

There are hundreds of them.  Thousands.  Millions.  Their stories are as diverse as our nation.  “I lost my job and my health insurance and now I have $80,000 in medical debt;” “My house was foreclosed and now I live out of my car working two jobs with two kids living…

Remember during the last Insane Clown Posse Republican debate when that gay soldier serving in Iraq was booed by the Tea Party crowd and not one of the cretins on stage said a word of condemnation?  Remember that? Well, the Family Research Council (to whom I will never, ever link)…