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

Read the Bill!

http://docs.house.gov/rules/health/111_ahcaa.pdf (3.3 MB) The House Bill is out. It’s different, at a minimum in its numbering, ‘Sec 113’ and ‘Sec 116’ don’t mean what they did yesterday. I’m going to take some time to read through the naughty bits, maybe some of you could too. Discussion/updates later. Update one. (Sec 102) Medical Loss Ratios set […]

New look for Angry Bear

Rdan The new template is done for the most part and will be replacing the current template in November, about mid-month. It is faster and cleaner and should serve us well. There will be additional services included. Anyone who wants to take a look at the proto-type can in the near future.

Public Option Hardest Ball

Robert Waldmann The proposal made here in “Public Option Harder Ball” received enthusiastic support when it was coincidentally semi proposed as opt-in by Sen Carper (D-Bankruptcy Reform) and modified to to opt-out by Senator Schumer (D-tough guy). As presented here on September 4 it was clearly unconstitutional and needed work. Now I have another idea. […]

LABOR’S SHARE

By Spencer (2009)   The issue of a jobless recovery is getting a lot of attention recently. I’ve found the best way to look at the issue is to compare the change in real growth and productivity over the long run. There have been three periods of different productivity trends in modern US economic history. […]

Lieberman Says He Will Support a Filibuster

Robert Waldmann Sen. Joe Lieberman (I-Conn.) said Tuesday that he’d back a GOP filibuster of Senate Majority Leader Harry Reid’s health care reform bill. Lieberman, who caucuses with Democrats and is positioning himself as a fiscal hawk on the issue, said he opposes any health care bill that includes a government-run insurance program — even […]

A Real Public Option

One of the most notable things about ski trips to the States from Canada was that they offered “U.S. medical insurance”—a buy-in that cost around the same as a lift ticket if you wanted to ski Stowe instead of Tremblant. One of the scariest moments in Sicko is when the Canadian relatives note that they […]

Greenberg returns

rdan Greenberg is back using the same business strategies he used at AIG. (hat tip Ruthie Ackerman, assoc. ed. New Deal 2.0) To point to Marshall Auerback an investment strategist who writes at New Deal 2.0 “Happy Halloween: Pay Curbs are a Trick on the Taxpayer, Not a Treat” feels like an anti-climax…Greenberg is way […]

Report from Chicago

guest post by run 75441 While the American Banking Association held their “Roaring Twenties” party to kick off their annual meeting, people from 20 different states, as far away as California, came together to kick off “Showdown Chicago” protesting the loss of jobs and the harsh and speculative practices put in place by banks and […]

Opt Out Going to the Senate Floor

Robert Waldmann Harry Reid is sending a health care reform bill with a public option and an opt out clause to the floor of the Senate. . Josh Marshall explains why it is good policy and notes “the importance that an outside-the-box idea can have in significantly changing the terms of a major policy debate.” […]

Public Option Opt Out and the Commerce Clause

by Bruce Webb Well it looks like Harry Reid is going to introduce a bill that includes a Public Option with a state opt-out provision. Which I guess means the Tenthers won’t have to secede from the Union after all. But it raises some questions. Let’s say I am from Washington State and have an […]