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

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Did Part D Work?

…been a success for the most common drugs. I posted this list at MU, but it bears repeating here: Lipitor, Zocor, Prevacid, Nexium, Zoloft, Epogen, Celebrex, Zyprexa, Neurontin, Procrit, Effexor,…

A Note from Cactus

…keep ’em coming. And if you’ve never written one, I strongly urge you to do so. But from now on, send them to one of the other Angry Bears! Its…

Has it begun?

The NYT reports on the Fed, Bears Stearns valuation, and interventions. The Fed, working closely with bank regulators and the Treasury Department, raced to complete the deal Sunday night in…

Goldilocks

I spent the weekend babysitting a grandchild. But I was reminded that at the end Goldilocks was run out of the forest by the three bears….

Hillary care and Romney care – Romney deserves credit

…what Clinton proposed on Monday bears a striking resemblance to the plan he proposed and then negotiated through the Massachusetts legislature when he was governor. The plan’s passage was one…

Sea ice and beach front property

…Study Researchers haul a buoy across the Arctic sea ice in August, led by two Coast Guard crew whose job was to ward off polar bears or rescue anyone who…

European Slowdown

…the very least, if this recent rise in the dollar continues, this certainly does raise the possibility that dollar bears (like Warren Buffett) could be in for some nasty balance…

Are Earnings Rising or Stagnant?

…late 1990s; the P&C series bears that out, while the ECI series doesn’t. Meanwhile, the CES series excludes benefits, which I think are a major part of the story today….