Posts

Repeal

Having persuaded their credulous minions that Obama care is the second coming of the Communist Manifesto (rather than the brain child of a right-wing think tank it really is) the Republicans are pretty publicly committed to recall. Romney is still mouthing "repeal and replace" but that doesn't appeal to his Tea Party brethren and he dare not try to give his "replace" any substance. Meanwhile, back on planet Earth, a bunch of Republicans are having second thoughts, since a number of provisions of Obama's law are pretty popular. David Brooks has a version of replace that turns out to look a heck of a lot like Obamacare. David Frum thinks repeal is a fool's errand , and that Republicans should focus on sensible modifications to the law. He has a version which would hardly cause any liberal heartburn. I've just saved the headlines. 1) Universal coverage has been extended. It won't be retracted, and it shouldn't be retracted. Not only will u...

Tiebreaker Too

After watching Italy vs. Germany. One of the most exciting games I've seen, mostly because of all the scoring opportunities. These teams can create scoring opportunities when the pressure is on, so take away the safe tie. In case of tied non-zero scores after 120 minutes - first team that scored wins.

Fly You Fools! Fly!

Outraged conservatives appalled by the Supreme's Obamacare decision promise to fly the coop - to Canada. A sample: Casey W@kclovesya Follow I'm moving to Canada. Obviously the United States doesn't know what they are doing anymore. This used to be a great country... Pretty sad. Van Summers@VanSummers Follow #SCOTUS holds up free healthcare for everyone?! Screw this commie country, I'm moving to #Canada #whoswithme And plenty more: Should we say, "Au Revoir?"

Tie Breaker

Soccer games ending in scoreless ties after 120 minutes (in knock-out rounds) should be declared double losses, with both teams eliminated.

Predictions

Fortified by the knowledge that experts are no better at predicting this sort of thing than total idiots, I do my best Spock like Soothsaying: (1)There is a 48.53 % probability that the Supremes will uphold Obamacare tomorrow. (2)There is a 96.25 % probability that Merkel has already decided to leave the Euro, but is still trying to find somebody else to blame.

Normageddon

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Double, double, toil and trouble, Cauldron boil, and housing bubble...........with apologies Housing bubbles, by now are canonical examples of market failures. If any have still failed to grasp that point, Matt Iglesias points to an oncoming train: For comparison, some recent history: What can Norwegians possibly be thinking?

Fiscal Union, German Style

German Finance Minister Wolfgang Schäuble has a proposal for European fiscal union: Schäuble: In an optimal scenario, there would be a European finance minister, who would have a veto against national budgets and would have to approve levels of new borrowing. It would be up to the individual countries to decide how to spend the approved funds, that is, how to answer the question: "Should we spend more money on families or on road construction?" That's a clown proposal Wolfie. Matt Iglesias puts it more concretely. Aside from requiring European countries to paste their sovereignty to the bottom of Germany's boots: ... the really goofy thing here is that Schäuble's plan still doesn't do anything to fix the problem of differential shocks. All it does is codify into law the principle that if something bad happens to push Finland's unemployment up, that the Finnish government will have to respond by implementing fiscal policy that exacerbates the recession. ...