The grotesque political charade of children in cages is just another consequence of decades of hypocrisy and cowardice on the issue of immigration. As everyone knows, we have an economy that depends on millions of immigrant workers, documented or not. In compassionate times, we look away. In times of anger, we demonize. Hypocrisy and cowardice […]
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Occasional rants from the keyboard of Peter Cohn
Dodd-Frank: Capture, Rapture and a Decade-Long Hostage Crisis
One of the world’s inevitabilities is regulatory capture: when regulators who are supposed to regulate an industry end up serving the industry’s interests, rather than the public’s. Given this immutable truth, outrage over the recent legislation amending the 2010 Dodd-Frank financial regulations strike me as somewhat beside the point. Dodd-Frank got taken hostage a long […]
Kroft, 60 Minutes and Google: I Am Big, It’s the Tech Platforms that Got Bigger
Kroft: Hi, I’m Steve Kroft. I’m a broad shouldered, good looking, well preserved older man with deep lines on my face, magnificent hair and enough of a serious, journalistic persona that you can tell that it’s important that I’m sitting here doing this assignment. I hope you enjoyed the commercial for a wonderful new pharmaceutical […]
European Socialized Medicine Causes High US Drug Prices????
It would be hard to come up with a slimier, more specious argument than the one made by the Trump administration in its pharmaceutical pricing initiative, launched last week. Yes, Trump’s Council of Economic Advisors has found the major culprit in high drug prices: and it is European socialism. The same perpetrators of government-funded single-payer […]