Saturday, November 7, 2009

A good question

Balloon Juice » Blog Archive » Unspoofable
I have been wondering why very very robust public options for flood and crop insurance are OK, but not for health insurance?
Lifted from the comments

John Cole on stuff

Balloon Juice » Blog Archive » Whatever
Nothing short of breaking up all the large banks, executing the credit ratings agencies, and then a strict and ruthless enforcement regime will help, and there simply is no willpower for that. Not only is there no willpower for this, as both parties are bought and paid for in full, but if there was any movement on this front, wingnut teabaggers would scream about socialism and tyranny, Reason magazine would scream about government involvement in the private sector and the free flow of capital and the glory of the invisible hand, moderate Democrats everywhere would worry about such public involvement, Joe Lieberman would spend months posturing in front of cameras with a furrowed brow, and whoever was tasked with enforcement would be found in bed with a hooker or whatever else is required to destroy them.

In short, we’re just screwed. Learn your place, deal with it, and learn how to grow food. Watching the way the big money boys have shaped the debate, whipping people who would be helped into a froth about socialism, it just seems so clear to me now after spending the last two decades in a haze. “Sorry unemployment is at 10 percent and you are losing your health insurance while I give myself a couple million dollar bonus, but socialism and Hitler and abortion on demand and death tax oh my God two gay men want the same rights as you! SANCTITY OF MARRIAGE! SANCTITY OF MARRIAGE!”

Such a joke.

/dirtyfuckinghippy
John Cole is a recovering Republican

Yglesias on US internet infrastructure

Matthew Yglesias » Open Access Needed
* A certain strain of conservative persists in a perverse effort to try to deny this reality, pointing out irrelevant things like that Sweden is smaller than the U.S. or more urbanized. This is true, but the U.S. contains urban areas that are the exact same size as Stockholm and Göteberg and they have slower internet than those Swedish cities. Meanwhile one of our fastest states—about the same on average as Sweden—is the very rural New Hampshire. Our internet is slower because it’s slower, and it’s clearly slower.

On Patina

Caitlin Kelly - Broadside – Patina — The Beauty Of The Weathered And Worn - True/Slant
Some things are best enjoyed shiny and new: electronics, cookware, lingerie. When it comes to decorative and functional objects, patina rules. Patina is the change in appearance that occurs after years, decades, centuries — even millenia — of use. It comes with delicious names: craquelure, foxing, crazing, all of which denote what is, in effect, decay and ruin of the orginal, but a ruin that shows its age. Some can be repaired or restored and some must be left alone — like the paint on good, old furniture — to retain its commercial value.

Bank oversight

Hullabaloo
Wow. The banks are trying to create a new oversight board that can change accounting standards whenever they need to hide risk and insolvency from investors and the public. Seriously. And they are doing it in the name of making the economy more stable, if you can believe that. See the real problem comes when people know that banks are failing. So they need to keep that information hidden lest the whole system becomes unstable.

Civility

The Freak Show We Live In | Talking Points Memo
It's a pretty unhappy commentary that it has to be reported as news that people are taking issue with the use of pictures of the Dachau death camp as an illustration of the horrors of health care reform. But, alas, such is the world we're living in.
Funny how it seems to be more important to maintain it when it is the DFH's that are making a racket.

Yglesias vs Frum

Matthew Yglesias » Frum on Nuclear Socialism
We seem to me to be in agreement here. Even though carbon pricing ought to make nuclear power profitable on an operating cost basis, it would be prohibitively expensive to raise the capital necessary to construct nuclear plants. I think you could resolve this by having the state step in and do the financing. He thinks, I guess, that some counterfactual private utility could do it if it were far larger than any existing utility. But how would you make these mergers happen? That sounds to me like you need an active state.