Many people are afraid that US inflation is about to accelerate. I think they are totally irrational, but the point is that they can be useful too. Most people in the USA don’t know about Treasury Inflation Protected Securities with payments indexed to the CPI. The inflation chicken littles would be delighted to invest in […]

If all goes well—and so far, it has gone much better than expected—from to Salaam.

And for what it is worth I found this Obama-King Kong cartoon hilarious. Tasteless and unwittingly revealing of the Reichnut mind-set but funny. http://www.huffingtonpost.com/2009/02/18/new-york-post-chimp-carto_n_167841.html But confirmation of my true feelings below the fold:

It is starting to look like the cyclical bottom in inflation may be at hand. But there is much confusion over current price changes. There are two types of price changes to consider. One is the change in relative prices. The other is the change in the overall price level, or inflation. Currently we are […]

Why? Just because. Plus Dean was warning about some sort of housing bubble at the time. How nutty was that? Plus my best buddy just starting out on his pie: WaPO: WHAT CRISIS?: It Ain’t Broke, So No Need To Fix ItSunday, January 23, 2005; Page B02 By Mark Weisbrot and Dean Baker, The latest […]

You have to love Chris Christie. The man who said NJ couldn’t afford a tunnel whose cost with overruns was expected to be less than $10B is now backing a tunnel whose initial cost estimate is $13B. That the great state of New Jersey has sent an actual physicist to Congress, let alone supplies and […]

by Linda Beale Offshore bank accounts–getting riskiercrossposted with Ataxingmatter As I noted in an earlier posting, the IRS has continued its focus on secret offshore bank accounts. Naturally, the media covers this issue for their wealthy readers who are following the IRS’s every action in this matter. See, e.g., Paul Sullivan, Hiding Money Overseas? You’re […]

by Tom aka Rusty Rustbelt Social Media: Is the Boss a Bleep? The National Labor Relations Board (NLRB) forced a settlement on American Medical Response of Connecticut Inc. after AMR fired an employee (and Teamsters member) who went home from work and profanely blasted her supervisor as being mentally ill on Facebook. Other employees posted […]

Guest post by Michael Halasy, Practicing Emergency Medicine PA, Health Policy Analyst, and Health Services Researcher Medical Malpractice Reform: Truth in Advertising Needed (Part One of Three) Medical malpractice liability reform (Tort Reform) has been a hotly contested item for years, as the GOP, with physician support, has continued to market this as a health […]