Daily Archives: November 21, 2016

Elizabeth Warren is ready to defend consumer agency

The Boston Globe has the article Elizabeth Warren is ready to defend consumer agency.

Six years later, Warren and like-minded forces are girding for Round Two, as newly empowered Republicans prepare to kill or gut Warren’s most tangible government accomplishment: the Consumer Financial Protection Bureau. There’s a good chance blood and teeth will be shed before it’s all over.

Is it too sexist if I use the common vernacular “Ain’t karma a bitch?” If she had supported Bernie Sanders when she had the chance, she wouldn’t be facing the problem of a Trump Presidency. When she sold out to Hillary, she sold out the CFPB. Am I supposed to feel sorry for Warren? Schadenfreude would be more like it.

What Would Happen If We Just Gave People Money?

Five Thirty Eight has the article What Would Happen If We Just Gave People Money?

Basic income is not a single idea but a family of closely related ideas, which go by an assortment of names: universal basic income, unconditional basic income, social dividend, guaranteed annual income, citizen’s income, negative income tax, etc. But the core motivation — to address social ills by just giving people money — has a long history.

A good discussion of this intriguing concept. I haven’t had the chance to read the whole article. That is why I post it here. When I have the time, I can come back to it to read the rest of it.