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

Why Is Brazil Ahead of the US…fuel

by cactus Fuel and the Free Market: Why Is Brazil Ahead of the US When it Comes to Cars that Run on Something Other than Gasoline? In the last year or so, before the price of oil dropped, there was a bit of interest in finding ways to reduce our dependence on oil, and on […]

Physician Foundation Report 11/18/08

by Tom (STR) Physician Foundation Report 11/18/08The Physicians’ Foundation was founded in 2003 with settlement funds from a major lawsuit against Aetna (long story). Physicians Foundations The PF issued a report this morning after reviewing 12,000 survey responses from practicing physicians. The conclusions about medicine in general and primary care in particular in the U.S. […]

Obama’s Cabinet

Robert Waldmann has some concern that, having been elected President of the USA with a brown skin and middle name Hussein, Barack Obama is looking for a real challenge. He is known to be much interested in “Team of Rivals” wants Hillary Clinton to be Secretary of State and Joe Lieberman to impartially investigate whether […]

What to do with GM during bankruptcy

by reader tinman With GM being the bigger of the three bullies vying for our monetary attention what are your guy’s thoughts about what to actually do with GM if it does enter bankruptcy? I’m guessing since it’s even being tossed out there when only 3 months ago (??) Wagoner was insisting bankruptcy was not […]

Save the auto industry, pay for health

reader Howard Covitz says: If the U.S. auto industry wants a bailout, let us respond by offering to foot their health care bills. The U.S. auto industry is at a comparative disadvantage to foreign auto companies because they pay for part of employee (including retired employee) health insurance. This dollar figure has grown far faster […]

All auto sales slump

rdan hat tip vtcodger, who adds “All the focus on cars is on the Big Three whose CEOs will lay out their begging mats in Washington today. But imports aren’t doing so great either.” But these are not ordinary times. (NYT) For now, the port itself is the destination. Unwelcome by dealers and buyers, thousands […]

There’s a reason Pimco hired the last leader away

A depressing sentence from Daniel Gross (h/t Mark Thoma): The 13-F shows Harvard with some 231 positions worth nearly $2.9 billion, highly concentrated in popped macroeconomic bubble plays. We now have the title of the book about Henry Paulson’s time at Treasury: Popped Macroeconomic Bubble Plays.

Non-Hormel Spam is also an Inferior Good, and there are also Inferior Enablers

Why Yahoo! e-mail may be worth using again, non-Jerry Yang edition: Security researchers, anti-spam groups and the whole security community in general were taken by surprise yesterday when reports of a sudden drop in junk mail activity started flowing in. This was the result of ISPs depeering McColo Corp., a U.S. based company offering web […]

Report confirms "Gulf War Syndrome"

CNN and many other news services are reporting that: According to the report, Gulf War illness is a “complex of multiple concurrent symptoms” that “typically includes persistent memory and concentration problems, chronic headaches, widespread pain, gastrointestinal problems, and other chronic abnormalities.” The illness may also be potentially tied to higher rates of amyotrophic lateral sclerosis […]

Health Care goes electronic

by rdan Health Care Think Tank points to a note on President-elect Obama’s website concerning electronic record keeping for medical records. The new guy Tom (STR) offers no comment himself. In Boston, the major hospitals came together and mandated an electronic record keeping for the area, and compliance is very broad. It does mean privileges […]