by Harold Meyerson
"One aspect that defines our current economy is that things are happening that shouldn’t be happening. I don’t mean that things are happening that are illegal or immoral. (Well, some of them are immoral, but that’s not what I mean.) Rather, things are happening that defy economic logic—a slippery term that really means, the economic patterns of roughly the past half-century. The first such logic-defying thing is that corporate profits are soaring even as corporate revenues limp along." (05/13/13)
http://prospect.org/article/upside-down-economy










Ringside seat: Taxghazi
by Paul Waldman & Jaime Fuller
"Within hours after the news broke that the Internal Revenue Service singled out Tea Party and other conservative groups that had applied for tax-exempt 501(c)(4) status for extra scrutiny, conservatives were already complaining that the story wasn't getting enough play in the media. 'Imagine if this had happened under President Bush!' they cried. (For starters, it actually did. In that case, it was the FBI, not the IRS, that went after liberal groups under the pretense that they might be harboring al Qaeda terrorists.) Now that there are finally a couple of Obama administration 'scandals' for conservatives and the media to chew on, we're going to be hearing a lot of comparisons to what went on in prior administrations, so it will be useful to get our history straight." (05/13/13)
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