Stress tests distress press

Wed, 02/25/2009 - 11:43pm — lambert

The real press, anyhow. Not CNBC. Because the tests are bogus! Who knew?!

Well, maybe "bogus" isn't fair.

How about "based on absurdly optimistic assumptions"? Would that work? The Other Shrill One agrees. Read the whole post, but this is fun:

What is amazing is the degree to which Bernanke has been unable to process what has happened over the last year and a half. It isn't simply that he is trying to restore status quo ante; he seems to see the only possible operative paradigm as the status quo ante. Worse, he has a romanticized view of it.

Ouch!

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Health care facts they don't want you to know

Per capita health care spending (2007):

United States: $7290
Switzerland: $4417
France: $3601
United Kingdom: $2992
Average of OECD developed nations: $2964
Italy: $2686
Japan: $2581

-- Bob Somerby

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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13:41:11 letsgetitdone Thanks
13:13:28 lambert lets -- up now!
13:12:40 letsgetitdone lambert, where is the link to the live blog
18:26:14 Michael Kwiatkowski lambert< Hey Lambert, feel free to cross-post on my blog. That's set up specifically for promoting candidates and causes. I put up links to some progressive and green party web sites, and I'm open to posting more.
20:09:38 lambert Tony, got your mail. I'm thinking, I'm thinking....
19:02:10 Sarah thx lambert. I'll resume lurking now...
16:04:47 lambert Sarah, this was a server issue now I hope resolved.
14:55:08 Sarah lambert, can you exempt my blog from calais? it keeps crashing my posts. I'll go to edit its tags and the "save" will time out.
08:11:01 BDBlue The tax situation does make it mostly ungovernable, which is an additional issue. No one wants a job where they are destined to fail. Right now that describes the California governorship.
07:50:17 nycweboy I always got the sense - my sister lived there while going to grad school and met her husband a native SFan as well - that California is just ungovernable. Neither party seems to be able to offer good Guvs, these days, Arnold inclusive.
15:44:18 BDBlue California's inability to produce decent Democratic candidates for Governor always astounds me. I think it's because the term-limits for State legislature prevents any real powerhouses and stars from developing. The entire system there is broken.
14:12:10 Jeff W That's why we need a Dem governor in—oh, wait, uh [url] [url]
01:51:55 hipparchia yay for the governator! [not]
00:03:31 Jeff W Single payer universal health care bill passes in California Senate [url] (but the governor will veto it)
07:44:51 lambert RL calls... Talk amongst yourselves....
07:47:22 nycweboy I think this "O'Keefe tries to tap Landrieu's phones" story will be a huge deal for the crazy right
20:46:09 BDBlue Welcome, nycweboy, l'm a regular reader of your blog. Good to see you here.
19:00:47 okanogen Yay nycweboy!!!!

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