Via Huffington Post Elizabeth Warren’s letter to Attorney General Holder on “timid enforcement strategy” of the DOJ concerning monetary penalties, admissions of wrongdoing, and clearer signals regulators are attending to the public good. (Excerpts under the fold)
Elizabeth Warren’s letter to Attorney General Holder
The Elderly May Not Be As Taxing As Generally Thought
by Linda Beale The Elderly May Not Be As Taxing As Generally Thought One of the common assumptions about health care costs (and the costs of benefit programs like Medicare) has been that the increasing life spans of Americans will result in significantly greater health care expenses. It is common knowledge that much of the […]
Why Are We Rushing To Get Rid Of Fannie Mae and Freddie Mac?
by Barkley Rosser via Econospeak (reposted with authors permission) Why Are We Rushing To Get Rid Of Fannie Mae and Freddie Mac? “How many Virginians does it take to change a light bulb? Five: One to change the bulb and four to talk about how great the old bulb was.” I think I am turning […]
A New IOM Report Reveals Why Medicare Costs So Much (Hint–It’s Not Just the Prices)
by Maggie Mahar A New IOM Report Reveals Why Medicare Costs So Much (Hint–It’s Not Just the Prices) (reposted with authors permission) George W. Bush is 67. Chances are Medicare paid for the stent operation that I describe in the post above. For years, medical researchers have been telling us that this procedure will provide no […]
Local versus regional control…(what is the watershed area?)
by David Zetland Local versus regional control In response to this: “The public sector is often better at handling inter-agency cooperation and the private sector is often better at delivering cost-effective, measured results. In either case, the local government plays the most important role as it needs to oversee and regulate all players. Poor regulation […]
George W. Bush’s Recent Stent Surgery—Two Perspectives
by Maggie Mahar George W. Bush’s Recent Stent Surgery—Two Perspectives (re posted with author’s permission) Last week, when former President George W. Bush underwent stent surgery, the procedure was declared a great success. What is surprising is that not everyone in the mainstream media applauded. From Bloomberg News “Former President George W. Bush’s decision to allow […]
Open thread August 20, 2013
An increasingly dicey world
From The Guardian comes this bit of news: “The partner of the Guardian journalist who has written a series of stories revealing mass surveillance programmes by the US National Security Agency was held for almost nine hours on Sunday by UK authorities as he passed through London‘s Heathrow airport on his way home to Rio de Janeiro. […]
Revenue stream by infectious non-greed?
Lifted from Stochastic Thoughts comes a whimsical post by Robert: Is there a Craig who own’s Craig’s list ? This is an honest question. If so, why isn’t he very rich ? Classified ads were a huge cash cow for Newspapers. The internet is killing them not because of say blogs, but because it is […]