Submitted by tom allen on Mon, 12/17/2012 - 7:54pm
So the newest rumors about the fiscal cliff have been leaked to Ezra Klein and Paul Krugman, who comments on them on his blog today. He says:
Those cuts are a very bad thing, although there will supposedly be some protection for low-income seniors. But the cuts are not nearly as bad as raising the Medicare age, for two reasons: the structure of the program remains intact, and unlike the Medicare age thing, they wouldn’t be totally devastating for hundreds of thousands of people, just somewhat painful for a much larger group.
It's the old Washington two-step: Float an absolutely unacceptable idea. Then, when the outcry from your supporters has hit its peak, put forward a proposal that's merely horrible and call it a win. Now watch the Democrats swallow it and smile. Read below the fold...
Submitted by tom allen on Sun, 11/25/2012 - 7:54am
This year's international climate change conference begins tomorrow, November 26, in Doha, Qatar. With much of the 1997 Kyoto Protocol expiring in December and the world on track for a six degree Celsius (eleven Fahrenheit) temperature rise, a new climate change treaty is being negotiated to be signed in 2015 and to take effect in 2020. Read below the fold...