UPDATED Divorced one like Bush wants to know how accurate the polling was that came up with a consensous that the GDP rose 3.5% in the third quarter. I did my own poll last night at band practice and 100% of the self employed band members (only one for an employer and that’s the public […]

by Bruce Webb Well I have been venturing around the blogosphere and it is grievously clear that most people did not take my advice and Read the Bill!. Well it is not too late: http://docs.house.gov/rules/health/111_ahcaa.pdf (3.3 MB) Moreover CBO followed up with their preliminary analysis:http://www.cbo.gov/ftpdocs/106xx/doc10688/hr3962Rangel.pdf The above image is Table 2 and it shows the […]

The question: How much was credit being funneled away from all other sectors in the economy? The answer: Very little if any. Neither the general consumer lending: nor the specific Real Estate lending: appears to run in a different direction that Business Loans, except possibly, in the latter case, in late 2003 and early 2004. […]

Rdan Hat tip Naked Capitalism regarding the Financial Stabilility Improvement Act as described by Washington’s Blog concerning banks/investment companies ‘too big to fail’ actions by the US and EU countries.October 29, 2009 begins testimony on more emergency powers by the executive branch. The House Committee on Financial Services will hold a hearing on the bill […]

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by divorced one like Bush While your reading this, think about the physics concept of two things occupying the same time and space. Think about the similar idea that light is both a wave and a particle. Think about the message we have been told that many very bright people (like physicist) went to Wall […]

http://docs.house.gov/rules/health/111_ahcaa.pdf (3.3 MB) The House Bill is out. It’s different, at a minimum in its numbering, ‘Sec 113’ and ‘Sec 116’ don’t mean what they did yesterday. I’m going to take some time to read through the naughty bits, maybe some of you could too. Discussion/updates later. Update one. (Sec 102) Medical Loss Ratios set […]

Rdan The new template is done for the most part and will be replacing the current template in November, about mid-month. It is faster and cleaner and should serve us well. There will be additional services included. Anyone who wants to take a look at the proto-type can in the near future.

Robert Waldmann The proposal made here in “Public Option Harder Ball” received enthusiastic support when it was coincidentally semi proposed as opt-in by Sen Carper (D-Bankruptcy Reform) and modified to to opt-out by Senator Schumer (D-tough guy). As presented here on September 4 it was clearly unconstitutional and needed work. Now I have another idea. […]