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 […]
(Data via Yahoo! Finance)
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. […]
By Spencer (2009) The issue of a jobless recovery is getting a lot of attention recently. I’ve found the best way to look at the issue is to compare the change in real growth and productivity over the long run. There have been three periods of different productivity trends in modern US economic history. […]
Robert Waldmann Sen. Joe Lieberman (I-Conn.) said Tuesday that he’d back a GOP filibuster of Senate Majority Leader Harry Reid’s health care reform bill. Lieberman, who caucuses with Democrats and is positioning himself as a fiscal hawk on the issue, said he opposes any health care bill that includes a government-run insurance program — even […]
One of the most notable things about ski trips to the States from Canada was that they offered “U.S. medical insurance”—a buy-in that cost around the same as a lift ticket if you wanted to ski Stowe instead of Tremblant. One of the scariest moments in Sicko is when the Canadian relatives note that they […]
rdan Greenberg is back using the same business strategies he used at AIG. (hat tip Ruthie Ackerman, assoc. ed. New Deal 2.0) To point to Marshall Auerback an investment strategist who writes at New Deal 2.0 “Happy Halloween: Pay Curbs are a Trick on the Taxpayer, Not a Treat” feels like an anti-climax…Greenberg is way […]