Displaying posts tagged: current-events

There's nothing prattle can't fix, right?

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My two cents ...

Maine Finds a Health Care Fix Elusive - NYTimes.com

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This is a pretty balanced look at how Maine's attempts to reform health care have proved difficult and have had unintended side effects. Its a big gamble to try this on a national level hoping for a different outcome.
Maine is the Charlie Brown of health care. The state’s legislators have tried for decades to fix its...

Why judges should not rewrite mortgage contracts

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Do we really need to explain why this is a bad idea? Todd Zywicki Says a Mortgage Modification Law Could Create a Bankruptcy Crisis - WSJ.co
Mortgage modification would indeed provide a windfall for some troubled homeowners -- but its costs will be borne by aspiring future homeowners, and by any American who uses credit of any...

Conservatives eating one of their own?

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Go read Christopher Buckley's explanation of his NR resigation - its a fascinating look at how one conservative thinks of the "modern conservative movement."  The latter now apparently means, think as we tell you to think, and disloyalty must not be tolerated.  A lot of people are realizing that the current Republican leadereship, with its concentration ...

Yeah, about that bailot/rescue plan ...

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Seems it probably won't work so good. Glad to see Bolivia bucking the trend here. Seems like privatizing, oops, I mean purchasing shares in a bank is more effective.
RGE - Nouriel Roubini's Global EconoMonitor
But government purchase of bad assets was the exception rather than the rule. It was used only in Mexico, Japan, Bolivia, Czech ...