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

Bush, AIDS, and Malaria

by cactus Bush, AIDS, and Malaria Hilzoy comments on a story about a new malaria prevention vaccine. To summarize, clinical trials show the vaccine is about 53% effective in infants five to 17 months of age, and 65% as effective among children who are 16 weeks old or younger. Regular readers may recall my post […]

Brenda Rosser responds

rdan (Lifted from comments from Bruce Webb’s main post Is it true that foreigners finance our debt? to her main post, with Prof. Rosser’s permission) I have just found and read the contents of this discussion this afternoon. The essential points I was trying to raise in my Econospeak blog entry were: (i) US Treasury […]

Conversion

JS Kit will be converting Angry Bear’s comments from haloscan to their system this week I am told. This will change rss feeds for comments. I will then see what can be done with navigation on the site. Update: 4:00 PM Please be patient as conversion takes place. Haloscan and js kit are still mixed. […]

"What are the odds that every Detroit 3 exec of the last 35 years has been an idiot?"

by reader Sammy Title: “What are the odds that every Detroit 3 exec of the last 35 years has been an idiot?” “In their almost gleeful calls for the death of the domestic auto industry, some U.S. senators and other critics of the Detroit 3 have suggested rampant incompetence and utterly failed business models.“They’re not […]

Chrysler and Cerberus

Full article here Chrysler is the smallest of the Big Three automakers, but it stands apart from its peers in another crucial respect. While General Motors and the Ford Motor Company are public corporations, Chrysler is controlled by one of the world’s richest and most secretive private investment companies. That investment company is Mr. Snow’s […]

General Shinseki is back

Juan Cole comments on General Shinseki’s appointment to oversee the care of our veterans. He also re-introduces us to the General’s testimony in Congress and the Cheney/Wolfowitz responses to the call for several hundreds of thousands troops to police, maintain infrastructure, and keep thing going in Iraq after the attack, taken from direct experience in […]

Job losses more than in auto industry

rdan NYT reports: With its losses mounting, Wall Street is cutting jobs faster — and deeper — than even pessimists had feared… In one the largest single rounds of layoffs on record, not just for the financial industry but for any industry, Citigroup said on Monday that it planned to eliminate a staggering 52,000 jobs, […]

Taxes or tariffs?

hat tip cactus Reader Josh asks: I always find it interesting that those who scream for lower corporate taxes always claim that they are necessary for America to compete in the global economy. Is this not using tax policy to attempt to undercut other competing nations? Is the use of a tariff not the same […]

A Very Good Question

by cactus A Very Good Question You don’t even have to get past the headline and byline to read an excellent question posed by David Lazarus in the LA Times: Why were Wall Street workers not asked for concessions? He goes on: Say what you will about the role of the union in exacerbating Detroit’s […]

The Folks Running GM… And the Folks Running the Country

by cactus The Folks Running GM… And the Folks Running the Country Say you were a congresscritter or a President or a President-elect asked to give taxpayer money to GM. You might, at the very least, want to know that the folks running GM know what they’re doing and are capable of putting out a […]