Relevant and even prescient commentary on news, politics and the economy.

Marginal benefits

by cactus How much are all those folks at the various TARP corporate welfare recipients worth? We’re being deluged with stories about how many executives at such institutions are leaving because the big bad gubmint is limiting their pay, and how that’s going to hurt us in the long run. Worse, we’re told that this […]

The Newest “Hot Thing”

Tom aka Rusty Rustbelt The Newest “Hot Thing” As promised, after an eight day swing of health care conferences (speaking and listening) I am back in action. So what is the new hot thing among providers? Integrated Delivery Systems (IDS) This is hot, but not really new. IDS became hot in the 90s when it […]

A reader’s note

rdan Reader donald sent this note for consideration: Sunday night while slogging back up to Burlington from Hartford, CT (460 miles round trip as it turns out) we were listening to NPR. I didn’t think to make a note of what show, but it was discussing health care and brought up a point I wasn’t […]

Humor, grammar, and logic and wobegone attitudes

rdan This American Psychological Association study is a follow up to Robert’s Wobegone economics post. Taken from comments by reader rd. The abstract is quoted: People tend to hold overly favorable views of their abilities in many social and intellectual domains. The authors suggest that this overestimation occurs, in part, because people who are unskilled […]

Link worth noting is at Tax Prof Blog

by Linda Beale(cross posted from ataxingmatter) (Rdan: The link worth noting is Susan Altmeyer’s…the Journal opinion is simply misleading) Link worth noting : Wall St.Journal and Golf Carts Tax Prof noted the Wall Street Journal editorial titled Cash for Clubbers(Oct. 17, 2009), which suggests that “thanks to President Obama’s stimulus plan”, the government is now […]

Showdown in chicago

rdan Dean Baker suggests some action in the form of a demonstration at the Chicago Bankers Association meeting October 25-26, 2009. Yves at Naked Capistalism recommends going, and Slate open forum contains comments. Several readers who live in the region have indicated they will be going. Perhaps we will get reports. Do you think they […]

Consumer protection and bank regulation

rdan(cross posted from Roosevelt Institution) Rdan here…’Opt in’ or ‘opt out’ is one basic profit strategy device for use of a ‘service’. A personal example comes in the form of my son with Chase Bank checking account. Because a transfer of funds was late (our fault) of $240, he received a penalty of $29 for […]