hard heads soft hearts
Saturday, January 07, 2012
Andrew Sullivan (Daily Dish) - Today In Syria: Another Bombing
ADAM NOSSITER (NYT) - For Congo Children, Food Today Means None Tomorrow
Arthur Silber - Still Here, Very Sick
I'm in very bad shape at the moment. Kind of scary times here. I'm sorry to say that's about all I'm capable of saying right now. The articles I'm working on and want to publish next are complicated. When I run through the arguments my subjects require, I heave a deep sigh and think: "Dear lord, I can't possibly explain all that when I feel this terrible.". . .
It is important to remember that we've been told for well over 5 years that Iran's nuclear program was, not "undesirable", or "scary", but "unacceptable", "inconceivable", "unimaginable", red-alert urgent urgent urgent, requiring large amounts of war and near-war ASAP. I wonder if those whose claims on Iran's nuclear program have turned out to be false are willing to go back and examine why?
Violet Socks - Life
Gary Farber - Tenth Blogiversary
Susie Madrak - ADD nightmare
Seriously, how frustrating (and silly) is this, that the DEA is keeping people from getting needed medication?
letsgetitdone (corrente) - The Job Guarantee and the MMT Core: Part Three, A Reply to John Carney
Why leaks are essential, and why too much secrecy and reverence for top-secret, classified information can damage national security:
ADAM ENTOUS and JULIAN E. BARNES in Washington and MARGARET COKER in Abu Dhabi (WSJ) - U.S. Doubts Intelligence That Led to Yemen Strike
Top U.S. military leaders who oversaw missile strikes last year against al Qaeda targets in Yemen suspect they were fed misleading intelligence by the country's government and were duped into killing a local political leader whose relationship with the president's family had soured. . .
making a similar point, a very good Bill James article in Slate, published in 2010, which I just read:
Bill James - Life, Liberty, and Breaking the Rules: In defense of Babe Ruth, Barry Bonds, jaywalkers, and all the other scofflaws that make America great.
There is no real difference between sending Babe Ruth to jail and sending Barry Bonds or Roger Clemens to jail. The only relevant difference is the difference between America in 2010 and America in 1940 . . .
Question: What do Saez and other public finance economists think of wealth taxes versus income taxes, and treatment of capital income versus wage income?
Julian Pecquet (The Hill) - Health care execs top list of highest-paid CEOs
. . .John Hammergen, CEO of the pharmaceutical distributor and technology firm McKesson, made $145 million, according to GMI. Joel Gemunder, CEO of Omnicare — the nation's leading provider of medicines for seniors — made a reported $98 million. . .
Nasty, low, suspicious mind that I have, can't help wondering whether the hospitals being so extraordinarily generous to Hammergen & Gemunder are being bribed to be so.
Markets work very well for long, repeated games, not so much for one-shot and limited shot games. And the higher executive pay becomes, the more the CEO's relationship with their company, and with the broader economy, becomes one-shot or limited-shot, instead of repeated. i.e. "make your pile by hook or crook, and then after that they can't touch you". A nation dreaming of accumulating their fuck-you money, instead of defeating the desire to say fuck-you.
Water-Cooler Wisdom: "These CEOs man, they have no sense of ownership, no sense of loyalty, they swoop in, make drastic changes, swoop out with a big severance, leave a big mess to clean up. I think they take their inspiration from George W. Bush".
Dean Baker - Hiding Upward Redistribution Policies as Market Outcomes
Congrats to Romney. The first Mormon 2-party nominee is a milestone worth celebrating. But did Santorum win Iowa?
Next blog post: Jan. 20
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