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Category Archives: Finance and economics

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Truth, lies, and videotape

The New Neo Posted on February 18, 2011 by neoFebruary 18, 2011

Peggy Noonan puts her finger on why Mitch Daniels and Chris Christie have been able to make recent speeches on fiscal responsibility that were so compelling: Everyone knew they meant it. Everyone knew they’d been living it. She quotes this … Continue reading →

Posted in Finance and economics, Obama, Politics | 22 Replies

The NY Times pleads for adult supervision

The New Neo Posted on February 17, 2011 by neoFebruary 17, 2011

On the topic of the budget fights, the NY Times becomes unintentionally humorous.

Continue reading →
Posted in Finance and economics, Press | 23 Replies

Andrew Sullivan, Obama’s budget, and feeling duped

The New Neo Posted on February 15, 2011 by neoFebruary 15, 2011

This could be the beginning of wisdom for Andrew Sullivan. Or, depending what you think of Sullivan, the return to wisdom. Or just a temporary return to wisdom. Sullivan’s disillusion with Obama seems to have been generated by the President’s … Continue reading →

Posted in Finance and economics, Politics, Press | 32 Replies

Obama’s budget

The New Neo Posted on February 14, 2011 by neoFebruary 14, 2011

I’m not sure why the big deal about Obama’s submitted budget. After all, no one expected it to have any substantial deficit-cutting teeth in it. And, with Republicans controlling the House, it’s merely the opening gambit in a chess game. … Continue reading →

Posted in Finance and economics, Politics | 41 Replies

Maine wants an exemption from provision of health care law

The New Neo Posted on December 31, 2010 by neoDecember 31, 2010

The state of Maine has requested that it be exempted from that portion of Obamacare, about to go into effect soon, which dictates that “insurers must devote at least 80 percent of the premiums they collect to medical claims or … Continue reading →

Posted in Finance and economics, Health care reform | 17 Replies

Germans say “bring back the mark!”

The New Neo Posted on December 29, 2010 by neoDecember 29, 2010

And one can hardly blame them: “The return of the mark? I can imagine that we could see the rise of a German Tea Party focusing on precisely this issue,” says Thomas Mayer, chief economist at Deutsche Bank, referring to … Continue reading →

Posted in Finance and economics | 9 Replies

Omnibus budget bill: easy come, easy go

The New Neo Posted on December 17, 2010 by neoDecember 17, 2010

It seemed to come out of nowhere, as all these mammoth bills have lately—all two thousand pages of it. For a few days it caused a commotion, but now it has vanished as mysteriously as it came. Or maybe not … Continue reading →

Posted in Finance and economics, Politics | 10 Replies

Tax bill stalled

The New Neo Posted on December 16, 2010 by neoDecember 16, 2010

The sticking point at the moment seems to be something to do with tacking on a raise in the estate tax, but you try to figure it out (see also here). It should never have come to this, of course; … Continue reading →

Posted in Finance and economics, Politics | 20 Replies

Dowd, Palin the huntress, and protecting wealth

The New Neo Posted on December 9, 2010 by neoDecember 9, 2010

Maureen Dowd seems deeply offended by Sarah Palin’s shooting a moose on the latest episode of her TLC Alaskan show (actually, Dowd seems to be deeply offended by nearly everything Palin does, including drawing breath). You may wonder why I … Continue reading →

Posted in Finance and economics, Palin, Press | 53 Replies

Let’s make a deal: taxes and unemployment insurance

The New Neo Posted on December 6, 2010 by neoDecember 6, 2010

We’ve gotten so unused to Congressional deals during the past couple of years (except among the Democrats themselves, to get votes from Blue Dogs) that the prospect of this one seems odd and novel. But the Dems are poised to … Continue reading →

Posted in Finance and economics, Politics | 18 Replies

About extending those Bush tax cuts

The New Neo Posted on December 2, 2010 by neoDecember 2, 2010

Lots of blah, blah, blah in Washington about whether or not to extend those Bush tax cuts, and to whom, and for how long. The problem with arguing about such things, of course, is that no one really knows what … Continue reading →

Posted in Finance and economics | 49 Replies

Europe’s day of reckoning

The New Neo Posted on November 26, 2010 by neoNovember 26, 2010

Send not to know for whom the bell tolls, It tolls for thee. The more Europe yokes its economies together, the more likely it is that problems with one country will pull the others down. The idea, of course, was … Continue reading →

Posted in Finance and economics | 30 Replies

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