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Posted by Kathleen McCaffrey on November 09, 2011 11 Comments
As I mentioned yesterday, Ying Ma came back to Cornell last night to present her take on “Chinese state capitalism.” I took notes on the presentation: Basic overview: In the 1990s, China had an acrimonious relationship w. US. Politicians and commentators were constantly complaining about...

Posted by William A. Jacobson on August 05, 2010 22 Comments
Nothing would surprise me anymore. Some are expecting an “August Surprise” in which Democrats would propose that Fannie Mae and Freddie Mac write off hundreds of billions in mortgage debt owed by people who are under water (i.e., they owe more than the house is...

Posted by William A. Jacobson on July 15, 2010 16 Comments
Scott Brown didn’t see the forest for the trees in deciding to support Chris Dodd and Barney Frank’s financial reform legislation. Although Olympia Snowe and Susan Collins went along also, they did so only after Brown made his announcement. If Brown had come out strongly...

Posted by William A. Jacobson on February 23, 2010 5 Comments
The pharmaceutical industry is under attack by the Obama administration and Democrats for supposedly obscene profits. Despite the industry’s support for Democratic health care efforts, reached last spring in exchange for certain protections, Obama continues to demonize the industry. Obama’s new plan, rolled out yesterday,...

Posted by William A. Jacobson on April 29, 2009 25 Comments
It would be very easy to fall into a depression over Arlen Specter switching political parties, giving Democrats a likely filibuster-proof Senate majority. The result will be that Obama will be able to push through much of his agenda without meaningful debate. Not that I...

Posted by William A. Jacobson on March 25, 2009 4 Comments
I have been waiting for this day, when one of the demonized executives at a bank or insurance company would tell Congress to “take this job and shove it.” The person singing this song today is Jake DeSantis, an executive vice president of the American...

Posted by William A. Jacobson on March 19, 2009 0 Comments
Note: Cuomo’s Press Release and The Indictment Are Posted Below This story is just breaking. Hank Morris, a top confidant of U.S. Senator Charles Schumer, has been indicted for pension fraud for using political connections to steer N.Y. State Pension Fund business for a fee:...
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