Stable Genius Liberal

NYT Senate approves ban on Insider Trading by Congress

The only reason to do this on a Friday is to bury the fact that there are no restrictions on insider trading for Congressmen.

H.R.3806: One Subject at a Time Act

To end the practice of including more than one subject in a single bill by requiring that each bill enacted by Congress be limited to only one subject.

So SOPA2 can’t be tacked onto a bill to fund state parks.

Six Mile Figure High Club: Almost all Super PAC money comes in contributions of $100,000 or more.

And this is for all SuperPACs. A few deep pockets able to have disproportional influence on the election process.

When businesspeople complain about regulations, you should generally be skeptical. The regulations, after all, are there precisely because some businesses can make more money by despoiling the environment, endangering public health and safety, and threatening the financial system. A regulation that’s not annoying someone by wrecking his money-making scheme would be completely pointless. Bruce Braley’s… Continue reading Untitled

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maybe Gingrich deserves some credit for his persistence. He pressed ahead last summer when the entire political world was writing him off and ridiculing him — and by December, he was leading by double-digits in national polls. Then, party elites panicked and cut him down to size and Gingrich was again written off — only… Continue reading Untitled

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The sound of one hand clapping is indistinguishable from sound of one hand flipping the bird.

India Factory Workers Revolt, Kill Company President

This is what class warfare actually looks like. Chanting and singing in the park is just chanting and singing in the park.

Solar Trade War Looms As U.S. Considers Tariffs On China

the U.S. Commerce Department announced it had found “reasonable basis to believe or suspect” that Chinese subsidies of solar panels imported to the U.S. were in violation of international trade agreements.

Do we really need to call trade war when the US has an export surplus in Solar technology?

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The absurdity of this claim is clearly revealed if one considers capital gains that accrue to short sellers, who pay rather than receive dividends while their positions are open. Following the logic of the argument, one would be forced to conclude that short sellers are taxed at an effective rate of negative 20%, thereby receiving… Continue reading Untitled