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Home » Blogs » lambert's blog

Is the bailout needed?

Sun, 12/07/2008 - 6:32pm — lambert

This is a chapter in our book on The Great Meltdown.

  • Economist Suggests Bankruptcy Better Than Bailout
  • How to nationalize the banks (worked in Sweden, 1992)
  • Another voice saying the bailout isn't needed
‹ Foxes Guard Hen House-Make Out Like Bandits. NYTimes article pinpoints root of derivatives Big Me$$? up Economist Suggests Bankruptcy Better Than Bailout ›
»
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Today in Health Care Reform

  1. Action Alert: Human Rights Day on December 10th
  2. ThirdPartyTalk: Setting the Board
  3. Action Alert: single payer rally in Jersey City
  4. Sanders talks about the Senate bill
  5. Single payer, the road ahead.
  6. Speaker training planned for Medicare-for-all proponents

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Per capita health care spending (2007):

United States: $7290
Switzerland: $4417
France: $3601
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Average of OECD developed nations: $2964
Italy: $2686
Japan: $2581

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The text of HR676 (Medicare For All) as PDF (30 pages). The FAQ. Compare HR3200 with HR676.

Medicare for All would save $350 billion a year (study in New England Journal of Medicine).

In 2003, a young Illinois state senator named Barack Obama told an AFL-CIO meeting, "I am a proponent of a single-payer universal healthcare program*." -- Bill Moyers.

* Medicare For All.

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Chat box

  • 22:03:36 Valley Girl I'd sure like Bruce Dixon's take on the Conyers comments. Just emailed him.
  • 21:03:43 lambert Thanks, Jeff.
  • 18:16:03 Jeff W lambert, I wrote to NOW about that Elizabeth Warren video not playing and got a response of sorts back, which I sent to you as a private PM. Just FYI.
  • 02:28:28 hipparchia the first thing they told us my volunteer training: humans are natural born rescuers.
  • 00:18:34 lambert One more study... [url]
  • 23:57:37 lambert Joe Bageant is god. [url]
  • 01:00:54 lambert The actuary was a whistleblower under Bush, too. [url]
  • 00:47:48 hipparchia that's ok, jason stands ready to help smear the actuary quoted in that wapo article [url]
  • 23:16:16 lambert Elders under the bus on Medicare, naturally. [url]
  • 20:11:01 lambert 19:49:09 +100
  • 20:10:18 lambert Capitalism in a world where we will throw as many taxpayers under the bus as necessary....
  • 19:49:09 hipparchia elizabeth warren for president!
  • 02:24:14 Jeff W Elizabeth Warren on the economy on PBS's NOW: you can watch it online here: [url] "If [Congress] gets it wrong, the country we knew is gone."
  • 17:52:53 Davidson So, of course they're not going to show the truth about boxing her in from the beginning.
  • 17:51:57 Davidson Yeah, that was just a comment in general, like, "Not even the RBC decision warranted scrutiny."
  • 15:38:02 lambert That's not the RBC meeting, though. That's the smoking gun, beyond "Smart politics" (Wolfson).
  • 14:17:16 Davidson Notice how everyone still avoids exposing the RBC decision
  • 14:16:04 Davidson Can someone do a post on this? [url]
  • 10:04:26 lambert Jeff, thanks. Fixed.
  • 02:05:14 Jeff W lambert, your "especially with Obama's youthful base" link here [url] is broken. :(

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Random term

Duck Pit

The origin of the term is obscure; everyone talks about the duck pit, but nobody ever says where it is, what it is, or how the people destined for it will get there. Believed to be a Babylon 5 reference, however. Usage example: Aux duck pits, citoyens I found this at Orcinus: "Some liberal commenters, for instance, on certain threads I read have devised, satirically, a "duck pit" into which all conservative minions will be cast on the day of liberal reckoning, there to be nibbled to death by a thousand hungry ducks." If I remember correctly, it originated in comments at Atrios, as a response to violent threats by Right Wing trolls. Sometimes sillines and absurdity are are a good antidote for hatred.

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