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

The Myth vs Numeric Reality: HR3200 v Medicare

by Bruce Webb The current line of attack on Health Care reform from Republicans is that it proposes to Rob Gramma to Pay Pedro. I am not going to address the care for illegals canard today but do want to probe just what HR3200 does for Medicare on net. Starting from the following two charts […]

Triggers and Secs 111-116 of HR3200

by Bruce Webb DC and the blogosphere are all over the resurrection of the Public Option Trigger, the idea that with the right legislation the insurance companies would just straighten up and fly right. Most of the Left is pretty cynical about the idea and rightly so given the insurance companies several decade pattern on […]

Health Care and Election Timelines

by Bruce Webb Both sides of the Health Care debate are looking and or calculating at the effects on future elections, will including a public option play in Peoria? This I think is to misunderstand the timelines because for most people the initial passage of reform really doesn’t change anything for the next two election […]

Gang of Six, Regular Order & the Johnson Treatment

LBJ and Senator Green of RI c.NYTby Bruce Webb Now that Grassley and Enzi have shown where the wind was actually blowing on the ‘bi-partisan’ ‘compromise’ supposedly being worked out by the Senate Finance Committee’s Gang of Six it is time to hit the reset button and in the process clear up some confusion. Generally […]

NYT: As Big Banks Repay Bailout Money, U.S. Sees a Profit

by Bruce Webb Big Banks Repay: 15% interest earned The profits, collected from eight of the biggest banks that have fully repaid their obligations to the government, come to about $4 billion, or the equivalent of about 15 percent annually, according to calculations compiled for The New York Times. These early returns are by no […]

President’s Proposals would Produce Lower Deficits than Continuing Current Policies

by Bruce Webb That is the subtitle of the new Center for Budget and Policy Priorities (CBPP) analysis of the Aug 25th CBO and OMB Reports on projected budget deficits that is being injected into the health care debate as a reason for non-action. The CBPP analysis can be read here: New OMB and CBO […]

Republicans: "We come not to praise Caesar, but to bury him"

by Bruce Webb Yeah well Marc Antony was not quite telling the truth, either. You could see this particular re-write of history coming a mile away and it is time to stop this one in its tracks. Both Parties Mourn Loss of Kennedy in Health-Care Debate Three GOP senators suggested in their remembrances of Kennedy […]

Project for a New American Century

Statement of Principles June 3, 1997 American foreign and defense policy is adrift. Conservatives have criticized the incoherent policies of the Clinton Administration. They have also resisted isolationist impulses from within their own ranks. But conservatives have not confidently advanced a strategic vision of America’s role in the world. They have not set forth guiding […]

Conservative Historical Awareness: Does ‘Falange’ Violate Godwin’s Law?

by Bruce Webb I ask people to examine the following labels and concepts:Arbitrary ExecutivePermanent MajorityHomeland SecurityNew American Century Did any of these labels or the concepts behind them come from the Left? Well no and we could easily assign names to people associated with each, for example we could name in the same order Addington/Yoo, […]

Somewhere Peter G. Peterson is weeping.

by Bruce Webb People who follow the issues around what is known as the Entitlements Crisis are more than familiar with Peter G. Peterson a co-founder and financial sponsor of the Concord Coalition and a man who has devoted a billion dollars of his own money to endow the Peter G Peterson Foundation. The PGP […]