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      No, central banks aren’t screwing the economy up with their purchases: Veolia (Paris:VIE) has issued a 500 million 3-year EUR bond (maturity November 2020) with a negative yield of -0.026 %, which is a first for a BBB issuer. To be clear, central banks didn’t buy those bonds, investors did. But central bank purchases of […]
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Wolf (D) beating the pants off of Corbett (R) here in PA

Woah, this looks like it might be a blowout here in PA.  With about 11% of the votes counted, Wolf leads Corbett by 65.27% to 34.73%.

I wasn’t here when Corbett was elected but I really didn’t like his “solution” to the Medicaid expansion.  He turned it down.  Then, when he saw the end of his political career, he proposed an alternative to Medicaid.  It was something like privatized Medicaid but with premiums.  Ok, I could *almost* live with that but what made it unpalatable was the suggestion that those of us who are still having problems finding employment and health care were somehow lacking initiative and essential skills.  So, under the Corbett plan, I would probably have to sign up for courses in, what, exactly?  How to use a computer?  How to use a word processing application?

See, this is why people vote for Republicans.  They have strange ideas about what is really going on in the world.


3 Responses

  1. ” It wasn’t him, Charley, it was you. Remember that night in the Garden you came down to my dressing room and you said, “Kid, this ain’t your night”

    This wasn’t my night.

  2. Congrats, but the rest of the country isn’t doing so well…time for kitten news, forever….

  3. Wolf is a bright spot …next to others.. It’s fascinating how the Dems tried to take him down in the primaries …but his numbers were so juggernaut, they gave up on that .

    I wonder why Corbett went down so bad? Sure, he was awful , but it can’t just be because he’s a budget slashing for peons while giving endless tax breaking for wealthy Repug… as other ones in the country were returned handsomely

    I have to say this article shocked even old cynical me

    New York Times column advocates ending midterm elections in America


    An op-ed piece published by the New York Times on Monday, one day before yesterday’s midterm elections, reveals the deeply anti-democratic outlook that predominates in the American ruling class. Entitled “Cancel the Midterms,” the column argues that federal elections for the House of Representatives and Senate should no longer be held in non-presidential election years.

    The authors, David Schanzer, a professor of public policy at Duke University in North Carolina, and Jay Sullivan, an undergraduate student at Duke…..

    ….Schanzer is not your average college professor. His résumé includes two years (2003-2005) as Democratic staff director for the House Committee on Homeland Security, a stint as legislative director for Democratic Senator Jean Carnahan (2001-2002), two years (1996-1998) as counsel to then-Senator (now vice president) Joseph Biden, and two years (1994-1996) as counsel to Republican Senator (subsequently defense secretary under Bill Clinton) William Cohen.

    One of the arguments says we don’t need no stinking midterm elections because we now have social media

    Washington calls this guy a Democrat


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