Category Archives: Current Affairs

On Bonuses and Deductibles

 

Nobody has asked me what suggestions I might have for two of the most vexing problems of the time, but in a moment of clarity at 3:00 AM this morning I received these messages and am now compelled to report them to you, dear reader.
Bonuses
Obama may regard them as "fat cat bankers", but you won’t [...] Read more »

Also posted in Economics | Tagged , , , , , | 3 Comments

ClimateGate

 
Aside from the larger issue of the complete disregard for the scientific method displayed by the players in this circus, has anyone read any of the posts that dissect the code of the various programs?
Sweet Jesus! It’s enough to make any of my computer science professors choke.
Amateur hour… Read more »

Also posted in Science | Leave a comment

The ABC Dilemma of Health Reform

 
Today’s Wall Street Journal has two columns regarding the state of health care reform, here and here. The second link discusses health care ‘reforms’ in New York, and how the concepts of community rating and guaranteed issue, while noble in intent, distort the marketplace. Further distortions arise when states mandate fringe coverages that are neither [...] Read more »

Also posted in Economics, Life, Politics | Tagged , , , | 2 Comments

Two Pages In The Wall Street Journal

Two pages in today’s Wall Street Journal encapsulate, for this observer, the dilemma our politicians face as federal spending spins out of control. 
Page A4:
Jobless Rate is Key to Fate of Democrats in 2010

…But one item may prove key: the national unemployment rate, which hit a 26-year high last month at 9.8%
…President Obama and the [...] Read more »

Also posted in Economics, Politics, The Business World | Tagged , , , , , , , , | Leave a comment

Who To Believe?

The Post and Courier and the Wall Street Journal have dueling headlines in today’s papers.
The Post and Courier front page lead says this:

New home sales soar in June

The Wall Street Journal story, found on page C12, starts with this headline:

Pyrrhic Victory in June Housing Data

If I took the P&C headline at face value, I might [...] Read more »

Also posted in Economics | 1 Comment