First, the news we all should be watching: The Tax Bill. Now that the Senate has also passed a version, the next step will be to reconcile the version from the Senate and the version from the Hosue. There are significant differences and the final form remains to be seen. But here is a non-technical, understandable, not-too-wonky analysis of the economics around the proposed changes (especially with corporate taxes), the current economic growth rate, GDP and stuff like that. It’s worth the read to understand why these proposals are a very bad idea:
Second, a three-fer: Three different interviewers … three different political leaders. At different points, each interviewer asks a very direct, difficult question and each politico dodges, spins, or dissembles in one way or another. Yes, it’s a dance and tracing out the steps furthers understanding:
Third, although the parallels are not perfect (as noted in this piece from Marketplace), events in Kasnas under the leadership of Gov. Sam Brownback are instructive for the current national-level tax proposals. Although the Kansas commentator is somewhat suspect (being from Wichita, which is home base of the Koch Brothers, who are the primary architects of this nonsense), even he has to concede things have not gone as planned in the Sunflower State, now known to some as Brownbackistan. (Check it out on Facebook; it’s also a hashtag on Twitter.)
Fourth, another financially-related development that isn’t getting enough attnetion: the turn of events at the Consumer Financial Protection Bureau. First, let’s recall why this was created: abuses by various financial entities that misled consumers and set into motion the chain of events that culminated in the Great Recession of 2008. Second, note yet another example of a politico attempting execute the artful dodge, tunring the focus from consumers who need protection from predatory actions by big businesses to consumers needing protection from their government. Who (or what) is really being protected here?
Fifth – Sense and Sensibility (Part I) regarding what has been the lead news story most times this week (when other far more important stories should have been front and center). This concerns the allegations regarding Sen. Al Franken (D-MN), but the points about varying degrees and keeping a sense of perspective can apply to many similar — and dissimilar — stories:
Sixth – Sense and Sensibiolity (Part II) on the same themse, but with the lens turned back at all of us and our current cultural setting with a view towards more mature (and quite likely healthier) sexual ethics: