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Department of The Happy Dance

letsgetitdone's picture

The Economic Agenda for America: A Commentary

Senator Bernie Sanders just released his “Economic Agenda for America.” While that agenda is certainly more progressive than the talk we hear from Democrats, and certainly is progressive in its expression of generalities. It is not nearly sufficiently progressive in its specifics.

Here's a commentary on it.

1. We need a major investment to rebuild our crumbling infrastructure: roads, bridges, water systems, waste water plants, airports, railroads and schools. . . . A $1 trillion investment in infrastructure could create 13 million decent paying jobs and make this country more efficient and productive. . .

We certainly do need to re-invent our infrastructure. But a $1 Trillion program would only begin to scratch the surface, and won't solve the problem. The estimates of how much we have to spend to do that are roughly $3.6 Trillion. So, why isn't Senator Sanders proposing that? Read more about The Economic Agenda for America: A Commentary

DCblogger's picture



Chicago Tribune poll: Support for Mayor Rahm Emanuel falling fast in Chicago

In a head-to-head matchup, the survey found Lewis with 43 percent backing to 39 percent for Emanuel, with 14 percent undecided. Lewis' advantage is just outside the 3.5 percentage point error margin for the poll, consisting of cellphone and landline interviews with 800 registered city voters from Aug. 6 to Tuesday.

metamars's picture European Anti-Fed Movement like "merger between OWS and Tea Party"; "What about Your City?"


The anti-Fed, anti-mainstream media, and anti-NAT0-wars Movement* that began in Berlin, had a big, centralized demonstration on July 19, that drew over 5,000 participants from all over Germany (and doubtless some other countries). They normally meet in over 123 different cities, on Mondays, in public areas.

Luke Rudkowski addressed this gathering, in Berlin is Inspiring the Next Revolution!. Read more about European Anti-Fed Movement like "merger between OWS and Tea Party"; "What about Your City?"

Since no pessimist would predicted victory, I have no pretext to gloat


The Powerlessness of Positive Thinking

According to a great deal of research, positive fantasies may lessen your chances of succeeding. In one experiment, the social psychologists Gabriele Oettingen and Doris Mayer asked eighty-three German students to rate the extent to which they “experienced positive thoughts, images, or fantasies on the subject of transition into work life, graduating from university, looking for and finding a job.” Two years later, they approached the same students and asked about their post-college job experiences. Those who harbored positive fantasies put in fewer job applications, received fewer job offers, and ultimately earned lower salaries. The same was true in other contexts, too. Students who fantasized were less likely to ask their romantic crushes on a date and more likely to struggle academically. Hip-surgery patients also recovered more slowly when they dwelled on positive fantasies of walking without pain. ...

In a provocative new analysis, Oettingen and her colleagues have suggested that public displays of positive thinking may even predict downturns in major macroeconomic outcomes. They used a text-analysis program to measure the tone of articles in USA Today between 2007 and 2009, and found that especially positive articles predicted a downturn in the Dow Jones Industrial Average between a week and a month later. The researchers also analyzed all twenty-one U.S. Presidential inaugural addresses between 1933 and 2009, and found that Presidents who waxed optimistic about the future saw a rise in unemployment and a slowdown in economic growth during their terms in office.

Well, I might gloat just a little. Read more about Since no pessimist would predicted victory, I have no pretext to gloat

Cujo359's picture

On The Stop And Frisk Front

NYCLU Applauds New York City’s Commitment to Start Stop-and-Frisk Reform Process and Drop Appeal Read more about On The Stop And Frisk Front

Cujo359's picture

A Peek At "First Look"

Glenn Greenwald writes a long e-mail, revealing a few details about First Look, the new news venture he is a part of, and then discusses the Snowden NSA documents. Read more about A Peek At "First Look"

DCblogger's picture

Emergent Party victory in Ohio


Ohioans Elect Two Dozen City Councilors on Independent Labor Ticket

Union-dense Lorain County, Ohio, is now home to an independent labor slate of two dozen newly elected city councilors—recruited and run by the central labor council there. All labor’s candidates had strong showings last month, and all but two were elected.

ObamaCare Clusterfuck: "ObamaCare Clusterfuck" propagates...

Arkansas Times:

Obamacare delay a political disaster
.... It is, in short, a cluster**** politically and will only encourage more resistance and foot-dragging.

BWA-HA-HA-HA-HA!!!! Read more about ObamaCare Clusterfuck: "ObamaCare Clusterfuck" propagates...

affinis's picture

Kinda made my eyes well up with joy

New Zealand MPs Sing Maori Love Song After Approving Gay Marriage (via HuffPost)

twig's picture

Now THIS is a Big Deal!

On Nov 6, California voters put a stake through the heart of the Republican Party. Really! Not to take away from the landmark victories in the rest of the country, which are momentous and deserve every bit of attention they're getting, but, in the words of Robert Cruikshank at Calitics:

...the California Republican Party, and the California conservative movement, are as dead as Monty Python's parrot.

[YES!] emphasis and editorial comment added] Read more about Now THIS is a Big Deal!

jumpjet's picture

And it couldn't have happened to a nicer scumbag

Get fucked, Il Cavaliere.

The Milan court sentenced him to four years but later cut it to one year because of an amnesty law.

Mr Berlusconi condemned the sentence as "intolerable judicial harassment". He will remain free pending appeals.

He and others were accused of buying US film rights at inflated prices via two offshore companies under his control.

It is the first time Mr Berlusconi - who has faced a number of trials - has been convicted of any crime concerning his business activities.

Tony Wikrent's picture

Mars rover Curiosity landed safely


Cross-posted from Real Economics.

The Mars rover Curiosity landed safely on Mars early this morning. The rover weighs over one ton and is larger than a full-size American automobile (notice the two people standing at the left side of the photo, below). Congratulations are due to the people at NASA, JPL, and elsewhere who conceived, designed and executed this impressive mission. Read more about Mars rover Curiosity landed safely


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