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

Healthcare – the American System at its Finest

by cactus Healthcare – the American System at its Finest I get back pain every so often. To keep it at bay, I do sit-ups every day, and try to keep my weight down. I also do back and stomach exercises at the gym. But every so often, its not enough and I end up […]

China and Christmas

by rdan Hat tip Balanced Scorecard reader CCZ for this post at his/her website with this link to Telegraph in the UK. The workers of Dongguan are used to Christmas coming early. Summer and autumn are normally the busiest months for those who toil seven days a week in the toy factories in this city […]

Cost comparison for an OEM in US and China

by rdan The handyman in me got to thinking as we discuss trade policy and issues. Drills made a good start, in that a way into a man’s heart is a good drill, and something to relate to not so complex as a car. …may actually cost you to move manufacturing of a product overseas. […]

Fed Stonewalling details

Yves Smith at Naked Capitalism has a topic we should be keeping an eye on over time, as does CR. Bloomberg now suing in court under the Freedom of Information Act for aggregate information concerning types of collateral being used for collateral with the $1.5 trillion authorized by Congress. The books from Treasury are being […]

A Warning to Obama, And to the Rest of Us

by cactus When Bush Went Wrong – A Warning to Obama, And to the Rest of Us Just about everyone except the fighting (now) 20% regard GW as a failure. Hopefully, the next President won’t be a failure. Things are definitely going in the right direction – compared to eight years ago, real economic growth […]

APA Membership Rejects Torture

APA Membership Rejects Torture The American Psychological Association membership recently overrode their leadership (the Council of Representatives) via member vote. After significant grassroots organization by several psychologist organizations, the APA was forced to send out a ballot asking members whether APA members should be allowed to work in settings where detainees were held in inhumane […]

Dust and debris counts

“Dust and debris” from counting votes could foul up machine that counts votes. Huh? By Noni Mausa In most districts the voting dust has all settled, but not in Minnesota, where a contested Senate seat is so finely balanced (by 0.01% or so) that a recount is mandated by election law. I have been following […]

Being President is a privilege

by cactus What We Owe Obama What we owe Obama is… nothing. Its the same thing we would owe McCain if he were elected President. Its what we owe anyone else who becomes President. See, being President is a privilege. Its not a right, for anyone. There’s no situation in which you can say: “Well, […]

Curmudgeon vote stymied!

Dedicated to the curmudgeon wing of AB readers and commenters. Old, Grizzled Third-Party Candidate May Steal Support From McCain