Follow on Twitter
Subscribe by RSS
Each a.m., Mediaite publishes a primer of what the interweb laptop is writing, talking, tweeting, and blogging about, so that you could be idiot friends and family into considering you are a trove of information and insight. As of late: the Senate’s going nuclear, Democrats are trying to find to extend unemployment advantages, why Detroit went bankrupt, and find out how to sell shares of your self (however why you may no longer want to).
“Senate May Go Nuclear As Soon As As of late: Sources” (Ryan Grim and Jennifer Bendery, Huffington Submit)
Simmering below the principle story of the week—one thing about a site?—has been the warfare over President Barack Obama’s judicial nominees, three of whom have been blocked through Republican senators exploiting the sixty-vote cloture threshold. The blocks have revived discuss by way of Senate Majority Chief Harry Reid of putting off it—a process, identified, in senatorial grandiloquence, as “the nuclear option.” Reid had an opportunity to catapult the non-speaking filibuster in January and backed off. However the GOP’s intransigence on almost every bill and nominee has modified minds and votes in the Senate, and sources say Reid could go nuclear by using this afternoon.
- RELATED READING: “How Reid Changed His Mind” (Greg Sargent, Washington Put up)
- RELATED READING: “Don’t Fear the End of the Filibuster For Judicial Nominees” (Scott Lemieux, LGM)
“Democrats Commence Push to Extend Unemployment Advantages” (Damien Paletta, Wall Side road Journal)
As if another finances struggle and judicial nominations weren’t sufficient, Congress has an extra showdown coming near, this one over the extension of unemployment advantages. Democrats, with White House beef up, have presented a $25 billion renewing the advantages previous December, which some Republicans are already resisting. If the benefits expire, as much as three.2 million might lose their unemployment through April.
Obamacare Roundup:
- “Insurers Limiting Selection of Doctors and Hospitals to Preserve Prices Down” (Sandhya Somashekhar and Ariana Eunjung Cha, Washington Submit)
- “A Pickle for Conservative States Refusing the Medicaid Growth” (Aaron Carroll, The Incidental Economist)
- “The State of Obamacare” (Paul Krugman, New York Instances)
“The IPO of You and Me: How Commonplace People Are Changing into Companies” (Kevin Roose, New York)
“People are corporations, my friend.” It appeared like a dangerous promise possibility when Mitt Romney stated it, and an elite novelty when Arian Foster proposed promoting shares of himself. But Roose ties the concept of “human capital contracts” or “earnings-share arrangements” to each the Kickstarter template of crowdfunding and even to extra revolutionary proposals, like student-mortgage reform in Oregon. Extremely beneficial.
Longread of the Day: “Detroit and Bust” (Andrew Elrod, n+1)
Andrew Elrod has a detailed, carefully-mentioned piece that gets at each the non-public fallout of Detroit’s bankruptcy and the methods pensioners are taking the blame for the town’s mismanagement:
The roots of Detroit’s bankruptcy as a substitute lie hidden in the rocky soil of municipal bond finance. What sank the town used to be an complicated scheme to steer clear of pension funds, which left Detroit significantly extra indebted than it otherwise would were.
Combines the best of feature reporting with insightful policy prognosis. Get it.
[Image by the use of screengrab]
