Reps. Ron Paul, R-Lake Jackson, and Alan Grayson, D-Fla., may not agree on a whole lot politically. But they seem to share a formidable distaste for the Federal Reserve.
The two teamed up to write a proposal that would increase oversight of the Fed and possibly force an audit of the nation's central bank. And to the surprise of some, the amendment passed last week. ...
FT. I think this is the really interesting paragraph, however:
As an aside, learning, like outperformance, is incompatible with the efficient markets hypothesis, according to which the markets follow a random walk and you can no more learn to trade them than you can improve at flipping coins. Our data therefore suggest the markets are not in fact random.
Well, so much for the efficient markets hypothesis... Read more about Traders: Testosterone-levels predict risk-taking, not skill
Heck, why not legalize marijuana and give all the dealers retroactive immunity? If that's good enough for the telcos, why isn't it good enough for real persons? Maybe somebody could ask a prominent instructor in Constitutional law about that? Oh, wait... Read more about Since the states are hurting for money...
One more reason to kill the bill. Politico links to a post from Ron Brownstein in the Atlantic they say is "mandatory reading" at the White House. The key paragraphs describe two institutions, the Medicare Advisory Board and the Center for Medicare and Medicaid Innovation. Both circumvent the democratic process -- that is, the voters, although the latter looks more dangerous. Call me foily, but that translates, to me, to cuts in care. Why else would they not want to face the voters? Read more about How Reid's bill hands Obama the knife to cut treatment under Medicare
Single payer advocates argue that the only way forward with health care is to pull out the good parts that help people right away, declare victory, and reboot with an open and transparent process -- this time, for real. Naturally, the "progressive" access bloggers never refute these arguments directly, since that would give oxygen those who advocate the only policy on offer that can be shown to save money and lives, but apparently they've been talking privately among themselves about it. Read more about The "break the bill in two" concept
McClatchy. Fortunately, we've got at least one Friedman Unit to play with:
"We have to start showing progress within six months on the political side or military side or that's it," the U.S. defense official said. ...
It splits the difference between two other McChrystal options: a "high-risk" approach that called for 20,000 additional troops and a "medium-risk" option that would add 40,000 to 45,000 troops.
... (here) is there any reason to own a teebee?
I say No! One less addiction! And detox doesn't take all that long; only a year or so.... Read more about Now that Bill Moyers is ending Bill Moyers Journal...
And you thought pinning the bogometer on public option was no longer possible. Jay Ackroyd:
The only argument in opposition to a public option is that it will lower executive compensation and shareholder value in the health care industry.
Maybe somebody could add this link to the "What Do You Want To See Fixed at Open Left" thread. Just a thought. And do feel free to propagate to the lists. Read more about "An active member of a small clique"
Essentially, for the economy to continue growing and for the (interest-based) money system to remain viable, more and more of nature and human relationship must be monetized. For example, thirty years ago most meals were prepared at home; today some two-thirds are prepared outside, in restaurants or supermarket delis. A once unpaid function, cooking, has become a "service". And we are the richer for it. Right? ...