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

Group appointments to the doctor

Another health story by the Boston Globe gives new meaning to the term group practice: When Dr. Gene Lindsey arrived to see his 4 p.m. appointment on a recent Thursday, his nine patients already were seated on folding chairs arranged in a semicircle around a table of snacks. Lindsey, a cardiologist, shook each patient’s hand, […]

Spreading the wealth of blame – Thomas Friedman

hat tip radamisto NYT notes: …using Citigroup as Exhibit A — how some of our country’s best-paid bankers were overrated dopes who had no idea what they were selling, or greedy cynics who did know and turned a blind eye. But it wasn’t only the bankers. This financial meltdown involved a broad national breakdown in […]

…and other conditions

Daily Reckoning provides this quote on the original week of the frantic search for legislation regarding the bailout: Take Rep. Brad Sherman (D-California), a bailout critic. During debate over the bailout bill that passed the House Friday, he said of the previous bill that had failed, “Many of us were told in private conversations that […]

The MA experiment

The Boston Globe has uncovered data showing that the amount insurance companies reimburse hospitals in Massachusetts can vary dramatically from hospital to hospital. Private insurance data obtained by the Globe’s Spotlight Team show that the Brigham [& Women’s Hospital], Mass[achsetts] General, Children’s Hospital[, all in Boston,] and a few others are, on average, paid about […]

Revisiting an Early Look at the Recession

by cactus Revisiting an Early Look at the Recession Now that the recession is officially here, I’d like to revisit a post I wrote in March entitled How is This Recession Not Like Other Recessions?. In it, I note the following: So in terms of politics… what we see is that the Fed is much […]

My Essential Blogs

by cactus My Essential Blogs Most of us who read blogs have blogs we read regularly. Of those, there might be a handful we consider essential. That list is different for each of us, and no doubt changes over time for each of us. Last week, I learned what my current list of essential blogs […]

Smaller banks still making loans

Boston Globe reports on local conditions for small businesses: Even as consumer loans become harder to get, many small businesses in Massachusetts report they are still able to borrow money. In Franklin, Stephen Dunn, president of design and manufacturing firm Core Concepts Inc., says Benjamin Franklin Bank has invited him to renew his $1 million […]

In Memoriam for Tanta

In memoriam for Tanta . CR says it best. Tanta offered humor as well as wisdom in her posts she shared with us. She is in my prayers. Dan

Inflation, Deflation …

by cactus Inflation, Deflation… Where The Heck Are We Going? Some folks are telling we are going to have deflation, what with the economy contracting and the vast disappearance of tons of cash through the implosion in value of assets that weren’t really worth what Goldman, Welfare, Queen & Sachs and the rest of ’em […]