Archive

Category: Black Politics

What’s In Your Wallet?

Another day, another massive data hack: Capital One, the Virginia-based bank with a popular credit card business, announced Monday that a hacker had accessed about 100 million credit card applications, and investigators say thousands of Social Security and bank account numbers were also taken….The hack appears to be one of the largest data breaches ever…

The Fed’s Big Gamble?

The Washington Post tells us what’s up: This is . . . a wee bit hyperbolic, no? I mean, the Fed is pondering a quarter percent rate cut that’s been long since priced in by the market. Whether you agree or disagree that this is the right thing to do, it’s simply not likely to…

The Hack Gap: Interest Rate Edition

I would like to offer a comment on the hack gap this morning: It’s remarkable the number of liberal economists who continue to favor an interest rate cut from the Fed. They are displaying intellectually honesty here: with inflation low, there’s no reason not to take out an insurance policy that could keep the current…

Kamala Harris Gets on the Medicare for All Train

Bill Clark/Congressional Quarterly/Newscom via ZUMA I guess “Medicare for All” is now the official name for any kind of universal health care proposal, so today Kamala Harris unveiled her Medicare for All plan: Harris, an early endorser of Sanders’ Medicare for all proposal, keeps many of the same elements of the Vermont senator’s plan. All…