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

Follow the money

rdan Stimulus Watch is a site to review state by state appropriations for projects. (hat tip Ken) One site that provides a look at both budget and stimulus appropriations by category, and when details were included in the budget they were accounted for. I have not been thorough in my look but it looked to […]

Keeping up is hard work

rdan Does anyone have advice on how to keep up with President Obama’s full court press on a broad front of issues? I have no memory of any President getting so much dealt with in so short of time…both the economy and Iraq/Afghanistan, as well as the energy and health care dilemmas he faces.

We love people too

rdan RL says last night: Let me tell you who we conservatives are: We love people. [Applause] When we look out over the United States of America, when we are anywhere, when we see a group of people, such as this or anywhere, we see Americans. We see human beings. We don’t see groups. We […]

Shareholders and risk

rdan Paul Kagan asks this question: You won’t find the names of many of these funds in the published lists of banks’ largest investors, because they’re hidden behind the names of the money management firms they retain to make the actual investment and trading decisions. If nationalization destroys the common stock (and possibly preferred shares) […]

Warren Buffet’s annual letter to shareholders

Reader Donald sends us this note on Warren Buffet’s wisdom: I’ve just finished reading through Warren Buffet’s annual letter to Berkshire-Hathaway shareholders I’ve extracted some general interest stuff below: … “This debilitating spiral has spurred our government to take massive action. In poker terms, the Treasury and the Fed have gone “all in.” Economic medicine […]

Tax Exempt Hospitals

cross posted from ataxingmatter Linda Beale Tax Exempt Hospitals–the American Hospital Association response to the IRS study Last week, I reported on the government study of tax exempt hospitals, which looked at community benefit and executive compensation, and asked whether hospitals merit tax exempt status, at this link. The conclusions on community benefit were not […]

What do You do With a Bunch of Unsold Cars?

by cactus What do You do With a Bunch of Unsold Cars? Lloyd’s List had this story the other day: CAR manufacturer Toyota has so many unsold cars it has had to charter a ship to store them all. Toyota said today it had chartered a 2,500-capacity vessel which will simply stand idle in port […]