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

Doctors in the pay of pharma

by rdan An article in Forbes states: Brilliant doctors often work closely with big drug companies, and they seem to like their corporate partners just fine. Too fine, say their vocal critics–no doctor can have objective views about Lipitor when he takes Pfizer’s money to develop or test it. But when the critics are doctors […]

Airline a la carte

Hat tip to coberly for pulling this off the internet…how much is tongue in cheek?Just enough. Do not forget to also tip the pilot for a safe journey. Attendant: Welcome aboard Ala Carte Air, sir. May I see your ticket? Passenger: Sure. Attendant: You’re in seat 12B. That will be $5, please! Passenger: What for? […]

Correction of a perception on oil drilling

by rdan In an attempt to keep history accurate about sensible policies, this post points out the obvious source of the ban on drilling for oil off coast. So much for blame your favorite partisan in comments. The NYT mentions that Mr. Bush has long advocated opening up the Arctic National Wildlife Refuge in Alaska […]

The Shrinking of Treehorn

by rdan The Shrinking of Treehorn by Florence Parry Heide is a wonderful story of a child’s experience of reality as the adults ignore his shrinking. Which brings me to the following item (have you noticed?) But as packaged goods makers’ costs rise, they eventually have just two choices: raise prices or put less stuff […]

More money lost to friends?

The New York Times reports: The Army official who managed the Pentagon’s largest contract in Iraq says he was ousted from his job when he refused to approve paying more than $1 billion in questionable charges to KBR, the Houston-based company that has provided food, housing and other services to American troops. The official, Charles […]

Shadow system ethics

by reader ilsm GAO is describing personal services in this quote “”Contractors are generally not subject to the same ethics rules as government employees even when they are collocated and work side by side with federal employees and perform similar functions.” From GAO 08-572T Testimony pg 11. The following is cut from Federal Acquisition Regulation […]

Revenue Compression in the Physician Office

by Save the Rustbelt Revenue Compression in the Physician Office As Rdan’s request, a not-too-technical review of revenue compression. There is never enough money for health care, so the various constituencies are constantly maneuvering for their piece of the pie. Physicians have some advantage in the piece of pie contest as physicians are the gatekeepers […]

Privatizing Dinner in the Capitol

by reader sammy Senate Votes To Privatize Its Failing Restaurants From the Washington Post. The embarrassment of the Senate food service struggling like some neighborhood pizza joint has quietly sparked change previously unthinkable for Democrats. Last week, in a late-night voice vote, the Senate agreed to privatize the operation of its food service, a decision […]

Windfall taxes and Mr. Obama

by reader Old Vet ”Oil prices? Better find a place to park and quickly. I did.” Gas prices are through the roof. Are we facing the end of an era? Oil companies are amassing ever greater profits as crude prices rise. Mr. Obama very recently talked about a windfall profits tax on oil companies. In […]