French Constitutional Council gives go-ahead for a 50% income tax on income over a million Euros -- though the same Council kills other proposals aimed at curbing tax evasion. UK Reuters would do better to curb their obvious pro-business bias -- President Hollande's "2012 supertax election pledge" can't be that unpopular, or he'd have lost the election. And why do I care that soccer clubs might go on strike, or that Gerard Depardieu threw a tantrum and left the country?
John Randall at the Roosevelt Institute explains why Comcast's "Internet Essentials" program doesn't benefit low-income families the way they'd like you to think it does. Long story short: Internet Essentials speeds are horrendously slow, very few folks even qualify for the program, and the program doesn't actually force Comcast to build out new network infrastructure, meaning it's "pure profit" even at $9.99/month. That's what we get when we leave it to the corporations to solve everything. Well, that's not all we get -- we also get the monopolies that kill actual low-cost alternatives to Comcast.
After some public pressure, Medicare plans to take some steps to halt prescription drug abuse in its Part D program -- including referring doctors with suspicious prescribing patterns to state medical boards. Still, I'd like to see our government actually run Part D, rather than private insurers -- you can do more about the fraud your governments commits or enables than you can about the fraud some big pharmaceutical corporation commits or enables, because that corporation sure feels no obligation to you. Maybe not even if you're a shareholder.
Finally, Matt Taibbi at Rolling Stone notes that the U.S. Chamber of Commerce will join with the Republican establishment to stop the party from nominating "fools" in House and Senate races. But Mr. Taibbi also reminds us that the same "establishment" that wants to keep people like Ted Cruz from winning primaries "practically invented the politics of stupid" during Tha Bush Mobb years, mocking the regular folks who protested "the invasion of the wrong country in retaliation for 9/11" (italics in original) as being from the "reality-based community." The subsequent invention of the Tea Party was a drama, of course, as is this "civil war" among Republicans -- it's all so they can sell corporatists like John Boehner as "moderates."