Finally, A Practical Way To Increase Tax Revenue From Republicans

As Talking Points Memo reported this afternoon, Oklahoma Rep. Tom Cole, a conservative Republican who is close to Speaker John Boehner, made some promising news in an interview Bloomberg’s Al Hunt: He expressed openness to revenue-raising tax reforms on repatriation of stranded profits overseas and ratcheting back the carried interest loophole, which allows private equity…

This Is My Favorite Chart On The Housing Market

The housing market in America is mainly a function of how loose monetary policy is. Demand matters, but it’s not the demand of physical homes that is important. It’s demand for mortgage loans on the secondary market. When banks can borrow cheaply, they can issue mortgage loans at relatively low interest. A lower interest rate…

The Future Of The Journalism Business (Part One Of Many)

Everyone knows by now that the traditional business model of journalism is no longer viable. However, publishing and disseminating information is easier than ever before, and there is no lack of interested eyeballs for this information. Someone is going to figure out how to monetize these eyeballs, and the person that does will change the…

Why Singling Out Foie Gras Is Counterproductive

Mmmmmmm. (Photo courtesy stu_spivack/Flickr) In honor of some person named Siouxsie Sioux joining other British public figures in coming out against the sale of foie gras, I figured it was as good a time as any to re-up a piece I wrote for Neon Tommy last year explaining why such people are being silly. Foie…

Disgruntled Employees Are The Real Airport Security Issue

LAX’s dry ice prankster is not an Islamic radical. He’s not a right-wing extremist. He’s not a terrorist, or even a real bomber. He is a garden-variety knucklehead working a thankless job and there are plenty like him on tarmacs throughout the country. That’s my major airport security concern. I have long believed that the…