Media

Connecticut's experiment with New York-style fusion politics gave Democratic Gov. Dannel P. Malloy two lines on the ballot in 2010, and he needed the votes cast on both to narrowly defeat Republican Tom Foley.

So, it's a little surprising that a push to end cross-endorsements is coming from one of the governor's strongest allies in the legislature, Senate President Pro Tem Donald E. Williams Jr., D-Brooklyn. Or that Malloy is open to the idea.

The libertarian wing of the Republican Party is getting stronger with each passing year, and as a result, the end of America's disastrous 40-year "war on drugs" may finally be in sight. 

Last week, Professor Charles M. Jones, a noted economist at Columbia, published an opinion piece in Politico claiming to enlighten readers on the realities of high-frequency trading (or “HFT”), computer driven trading at millisecond speeds driven by complex algorithms based on complex trading strategies.

The Senate voted Friday to get rid of subsidies that “too big to fail” banks receive from what is, essentially, an unofficial insurance policy from the government. The unanimous vote, 99-0, is unfortunately nonbinding. It was an addendum to the Democrats’ 2014 budget proposal, which is not expected to live long.

One of the biggest problems with financial reform is having to discuss issues that most people find painfully boring. For instance, “derivatives.”

In the debate over our energy future, I keep coming back to the question of whether or not fracking can be done safely.

In taking on the cost of college, President Obama is going up against one the best organized special interests in Washington: Higher education.

This morning the New York City Council will hold a hearing on legislation to guarantee paid sick days  to all working New Yorkers. The measure has been pending for several years with repeated compromises  to address the concerns of employers.

As everyone knows, the "fiscal cliff" deal raised taxes on households making over $400,000, restoring the Clinton-era top income tax rate to 39.5 percent.

One fact that gets less attention, though, is that progressivity in the tax code ends right there: There is no difference in the tax rate paid by a two-income professional couple bringing in $400,000 and a CEO who brings in the average pay for such executives, which was $14 million in 2011.