by reader ilsm From last week: I said: “The government has no idea what is “required”, Anna Lee helped by commenting on “capability”. For ya’ all to study: CJCS M 3170.01. This week how do they figure out what some “capability” is? GAO is kind enough to help with this post: Missile Defense Agency: Actions […]
I don’t want to pile on but I did think the new actuarial note was important enough to justify the XLII post. I want here to front a discussion from the comments on XLI: Why not assume Low Cost? where I think people are talking past each other. There seems to be some confusion between […]
In a really timely fashion the Office of the Chief Actuary released their Actuarial Note 2008.1 with the above title last month. It is well worth the read for anyone wanting to cut through the conceptual tangle raised in the recent posts on ‘Unfunded Liabilities’ and ‘Backwards transfers’. In addition it provides us with some […]
Hat tip to Movie Guy 2 Banks Will Buy Back $17 Billion in Securities August 6, 2008 Two Wall Street giants agreed on Thursday to buy back more than $17 billion of auction-rate securities that were improperly sold to retail customers, likely paving the way for other banks and brokerage firms to take similar actions. […]
Sent by reader noni mausa From the psych blog Shrink Rap: The Beginning of the Middle of the End of MedicarePosted by Roy at 2:14 PMThursday, August 07, 2008 The Beginning of the End of Medicare was when Congress passed therules which require physician fees to follow a Sustainable Growth Rateor SGR, followed by the […]
The Northwoods memo brings back memories of past planning and behaviors in our world. There were some doozies.
The first thing my uncle (who has lived in the Toronto area since, I believe, the late 1950s) asked was “Why on earth are you going to Quebec instead of Ontario?” Considering the evidence, he may have a point. Comparison of Licence Plate mottos: Quebec Province: Je me souviens (which I would translate to “I […]
I have never gotten a satisfactory answer to this question. I have posed it to very prominant people on both sides of Social Security only to have it dismissed by the privatizer and answered by the SS supporter in a way that went over my head. But it is not crazy talk, between 1997 and […]
I’m going to try a Cactus post and look at the Bush record. On 11 June 2004 Milton Friedman published an interesting article in the Wall Street Journal Editorial page called Freedom’s Friend. In the article he used the number of pages in the Federal Register each year as a measure of government interference in […]