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

Obama/McCain legislation

Good website to visit is Open Congress. Obama and Coburn Shine Brighter Light on Government Spending Sens. Barack Obama (D-IL) and Tom Coburn (R-OK) have joined forces again to craft legislation that would increase the transparency of how the federal government spends taxpayers’ money. The Strengthening Transparency and Accountability in Federal Spending Act (S. 3077), […]

Global warming policy on taxes report

18 expert panelists on GAO report on cap and trade versus carbon taxes. Joseph Aldy, Resources for the Future James Edmonds, Pacific Northwest National Laboratory Richard Howarth, Dartmouth College Bruce McCarl, Texas A&M University Robert Mendelsohn, Yale University William Nordhaus, Yale University Sergey Paltsev, Massachusetts Institute of Technology William Pizer, Resources for the Future David […]

NYT and WSJ reverse roles? Truth of FDA dollars and safety

by reader hcovitz The irony here is that it was the NYT that posted the “mouthpiece for the Bush admin” type article and the WSJ that posted the corrective. What’s up with that?(from More Money for Food Safety Is Sought) WASHINGTON — Two days after announcing a large-scale recall of raw tomatoes, the Bush administration […]

Global Warming costs: another view

by CoRev The Senate’s global warming bill was defeated last week. The measure aimed to reduce U.S. greenhouse gas emissions 70 percent by mid-century through a cap-and-trade program. Cap and Trade is just one of the mitigation attempts to keep CO2 emissions below 450 Parts Per Million (PPM)s. We are now getting some meaningful estimates […]

Medicare reform bill S.3101

by rdan The Baucus-Snowe bill S.3101 Medicare reform in the Senate is up for a vote. This aspect of the Social Security programs has not been discussed in depth here, and mostly put aside as a problem to fix. Is anyone knowledgeable? Let me know. Open Congress has some information. Update: Our esteemed Ken Houghton […]

A true statement for fiscal responsibility…

lifted from comments cactus style by reader FA What IS relevant, is add up ALL social spending, HHS, Medicaid, Medicare, Welfare, SS… and then subtract it from the budget. Compare that to all tax revenues. You will find that when it is subtracted from the budget, there will be a surplus. Now THAT is a […]

Winning in Iraq news

by cactus Newmark’s Door comments on news and Iraq: More than a few people are noticing that we may be winning the war in Iraq, and that the consequences of victory will be large and far-reaching. Michael Yon, who’s observed Iraq, first-hand, a lot more closely than most U.S. journalists and politicians, believes that “We […]

Follow up on B-2 crash

by reader ilsm More on the B-2 crash. In July 2006 the B-2 program office put itself in the an award for applying Performance Based Logistics (PBL). Seems in Fall 2006 they planned to hire Northrop to perform the B-2 PBL. On page 5 of the award justification the program office touts innovations in support […]