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

Results of the Pick your Pork Wonkathon

by Bruce Webb Disappointing from the point of view of participation, yet not unexpected. Because I just don’t think they have the numbers on their side. On Friday I invited AB readers, and particularly those critical of HR.1 aka the House Stimulus Bill, to dig into the numbers and develop lists of spending items that […]

More KISSing the income inequality

by Divorced one like Bush So, I’m listening to Saturday Night Fish Fry as I’m composing. It’s the blues, though the station is a jazz and folk station. Public broadcasting at it’s best! Maybe if the economy sinks enough, we’ll return to the big bands and swing. No more solo acts of Rockband. And, maybe […]

Five functions of the Federal Health Board

by STR Tom Daschle’s health care book – Part III Five functions of the Federal Health Board 1. set rules for the expanded Federal Employee Health Benefits Program 2. promote “high value” medical care, i.e., recommending coverage of drugs and procedures backed by solid evidence, and ranking services and therapies (how we gather this evidence […]

Davos 2009..zzzzzzzzzz.

rdan I did not post this item as a reminder to those following world trade or wanting to learn more. NYT reporting will make for springboards for further discussion on the US and trade deficit in relation to Japan and China and the Asian rim countries. Luckily I did not. So far they predict a […]

Saturday browsing

rdan 40 year wish list op-ed piece in the WSJ says (hat tip Tinman) : Most of the rest of this project spending will go to such things as renewable energy funding ($8 billion) or mass transit ($6 billion) that have a low or negative return on investment. Most urban transit systems are so badly […]

Assume They Know What an Acronym Is

I am reliably informed (though I cannot find it on the web) that Forbes yesterday and MSNBC today are both referring to the next kleptocratic maneuverbank bailout bill as the Bank Asset Recovery Fund. Anyone got the links? UPDATE: Forbes link added. UPDATE II: The consensus in comments appears to be that a Meredith Whitney […]

Simple Answer to a Simple Question

Dr. Black graciously asks: Am I the only to whom it’s occurred that monetary policy through the banking channel (as opposed to, say, actually dropping money from helicopters) is only likely to be effective if banks are pretty good at allocating capital efficiently, and recent history tells us that the existing set of clowns in […]