by Mike Kimel An excellent post by Simon Johnson. The managing director of the IMF is the impresario of any bailout. The big decisions must be negotiated with all significant stakeholders but this still leaves enormous scope for discretion. If Ms. Lagarde becomes managing director she can directly influence the terms of IMF involvement – […]
by Linda Beale Congressional Progressive Caucus People’s Budget beats Ryan’s corporatist budget by a long shot, but doesn’t get media coverage FAIR has a good point on the way the media have covered the US budget debates. Fact is, the radical right wing budget proposed by radical right Ryan gets lots of coverage. FAIR noted […]
Health Care Thoughts: Non-Compliant Patients Ask physicians and nurses about their biggest clinical problems and non-compliant patients will likely be near the top of the list. And why should we care? Because non-compliant patients are huge cost drivers. Ezekiel Emanuel (MD, PhD, NIH) estimates that one-third of U.S. health care costs are driven by diabetes, […]
Buce has been on fire recently, so I’ll probably have to do a post about why this post is so off-target, though his conclusion is correct (short version: he’s been misled). If I’m reading this morning’s SIFMA Brief correctly, Moody’s—whose rating skills Robert has discussed at length—(1) may downgrade US debt if we spend too […]
by Mike Kimel I am not a Libertarian Because I Believe in Freedom and Property Rights, And I’d Like to Minimize Government Coercion, Part 2 This is a follow-up to my previous post on libertarian philosophy, the aftermath of which was a surprising amount of, well, let’s just call it assorted vigorously uncomplementary communication. (Shows […]
A post of mine on May 17 titled The Difference Between Defending DOMA and Defending Neo-Nazis and the ACA discussed a post on the Blog of Legal Times that summarized part of a lengthy article published that day on Daily Report Online. These websites and their respective hard-copy publications, Legal Times, based in New Jersey, […]
The employment report came in much as the ADP report had suggested it would. Payroll employment was little changed at 54,000. This is considerably weaker than over the last few months and is in line with other data that suggest the economy has weakened significantly. The household survey reported that employment rose by 105,000 while […]
The stock market is adjusting to weaker 2011 economic and earnings growth. Business executives,analysts and economists have yet to reduce their 2011 estimates, So the important question is how much of the lowergrowth is already discounted. The consensus had been fordouble digit earnings gains in 2011. But now it appears thatearnings growth will be less […]
by Beverly Mann New wrinkles in the ACA litigation – Part II Okay, well, now y’all know from reading Part I that under the Constitution’s Article III requirement that plaintiffs in lawsuits have some “particularized” (and ya know what that means, from reading Part I) injury or be in imminent danger of suffering one, and […]