Timothy Noah

Don't Repeal The Durbin Amendment
July 23, 2012

If you happen to see an advertisement calling for repeal of something called "the Durbin amendment," on the grounds that it provided an $8 billion windfall to retailers, don't be misled into thinking the sponsor is some do-gooder consumer group. The sponsor ("The Electronic Payments Coalition") is in fact a bunch of banks that don't like new federally-imposed limits on "swipe fees" for retail transactions involving debit cards.

Samuelson Endorses Medicaid Federalization
July 23, 2012

The Supreme Court's Obamacare decision has moved another conservative into my corner on Medicaid. As I argued in my most recent TRB column ("States of Confusion") Chief Justice John Roberts's opinion inadvertently pushed the state-federal Medicaid program toward outright federalization by weakening federal control over the program. The federal government already provides a majority of Medicaid's funding, and under the Obamacare expansion the feds will initially provide 100 percent of the funding for the newly-eligible before ratcheting that down to 90 percent.

Aurora: How Sorry Are We?
July 20, 2012

I’ve said it before. Now I’ll say it again. Innocent people will continue to die in random shootings as long as our society places less value in human life than it does in the untrammeled right of all Americans, including homicidal psychopaths, to purchase any and all deadly weapons.

Aurora: How Sorry Are We?
July 20, 2012

I’ve said it before. Now I’ll say it again. Innocent people will continue to die in random shootings as long as our society places less value in human life than it does in the untrammeled right of all Americans, including homicidal psychopaths, to purchase any and all deadly weapons.

Campaign Advice That Mitt Won't Take
July 19, 2012

Take a moment to read this: Romney must know better than anyone that the folks running our big banks ... are hardly paragons of risk assessment. After all, Bain Capital, where Romney made his fortune, existed in part because worthy businesses often could not borrow on attractive terms from traditional banks. He must know two other things about these banks: They are too big to fail, and too complicated to regulate.

Campaign Advice That Mitt Won't Take
July 19, 2012

 Take a moment to read this: Romney must know better than anyone that the folks running our big banks ... are hardly paragons of risk assessment. After all, Bain Capital, where Romney made his fortune, existed in part because worthy businesses often could not borrow on attractive terms from traditional banks. He must know two other things about these banks: They are too big to fail, and too complicated to regulate.

Federalizing Medicaid
July 19, 2012

My latest TRB column ("States Of Confusion") explains why the Supreme Court has likely hastened the day when the federal government takes over Medicaid (which currently is a state-federal program).  

Youdidn'tbuildthatgate
July 19, 2012

Before Youdidn’tbuildthatgate progresses further, let’s call time on efforts by both conservatives andliberals to distort what it was that President Obama said. In case you’ve been living in a cave: On July 15, President Obama gave a campaign speechin Roanoke, Va., in which he defended the idea that the rich have a moral obligation to give something back to their country. Here is what he said, in its entirety: If you’ve been successful, you didn’t get there on your own. You didn’t get there on your own.

Youdidn’tbuildthatgate
July 18, 2012

Before Youdidn’tbuildthatgate progresses further, let’s call time on efforts by both conservatives and liberals to distort what it was that President Obama said. In case you’ve been living in a cave: On July 15, President Obama gave a campaign speech in Roanoke, Va., in which he defended the idea that the rich have a moral obligation to give something back to their country. Here is what he said, in its entirety: If you’ve been successful, you didn’t get there on your own. You didn’t get there on your own.

William Raspberry, Radical
July 17, 2012

The Washington Post columnist William Raspberry, who died today at 76, is remembered as being relentlessly moderate, but Supreme Court Justice Lewis Powell didn’t view him that way. In his famous “Powell memorandum,” a 1971 memo Powell wrote, shortly before his 1971 Court appointment, to a friend working at the U.S. Chamber of Commerce, Powell urged American business to unite in political opposition to what Powell perceived as the growing influence of “Communists, New Leftists, and other revolutionaries” on mainstream political discourse.

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