I present myself as an expert here, but may be confused. You should probably stick to Wikipedia. I’m not sure the centifuges in North Korea are all that important. North Korea doesn’t use centrifuges to make bombs. Like almost everyone (all except Pakistan and the thin boy made by the US& UK & dropped on Nagasaki) they use a nuclear reactor to make Plutonium then extract it using ordinary chemical processes. Similarly, the Iranian Arak reactor...
Read More »Sanction Trump not Bourbon
This post “America’s allies should respond to steel tariffs with targeted sanctions on the Trump Organization” by Matthew Yglesias is brilliant (even though he is mainly agreeing with the prior brilliant article by Scott Gilmore “Trade sanctions against America won’t work. Sanctioning Trump himself might.” The proposal is so brilliant and the case for it so clear, that, I think, each title is enough to convey the idea. Yglesias elaborates while quoting...
Read More »Investors Not Pleased With Italian Politicians
The extreme conflict between the establishment and the new natonal populist majority in Parliament has spooked investors. The difference between the Italian and German 10 year treasury rates just jumped up about 100 basis points. This isn’t a crisis yet. I recall back when Italia caught a bit of Greek contagion (before ECB president Mario Draghi said “whatever it takes”) that the experts at the tesoro said they could handle interest rate spreads up to...
Read More »Carlo Cottarelli
Carlo Cottarelli was asked to try to form an Italian government by President Sergio Mattarella. There is no chance that Cottarelli will obtain the confidence of Parliament (parties including a majority of deputies have brought up the possibility of impeaching Mattarella for nominating Cottarelli). Mattarella is using his extraordinary powers to fight populist nationalists who disrespected the Euro. Cottarelli is an odd choice for an anti-anti-globalist —...
Read More »The Italian Crisis: La resa di Conte
(literally the surrender of Conte but a reference to The Big Gundown). updated to comply with the Italian criminal code (which forbids vilifying the President of the Republic) I have to write about Italian politics, because everyone is (and I live in Rome) but you don’t have to read it. I will try one paragraph of background. In the last election angry Italians gave a very thin majority to two extremist parties the movimento 5 stell and La Lega Nord is...
Read More »Healthcare’s Three Legged Stool
[unable to retrieve full-text content]Charles Gaba reviews the three leg stool necessary to support Healthcare and why each of those legs are necessaryfor healthcare to be important today. Charles reviews Enrollee Responsibility, Career Responsibility, and Government Responsibly (the three legs) necessary to support Healthcare in the US, explains how each Republican bill has or would have impacted the ACA, […]
Read More »Jobs, Jobs, Jobs — GUARANTEED!
The current mania for “job guarantee” policies is making the Sandwichman anxious. I’ve been on the full employment beat for over 20 years so I think I have a pretty good grasp of the terrain. First principle is that there are no panaceas. My favorite policy option — reduction of working time — is not a panacea. Neither is yours. Like my learned friend Max B. Sawicky, I am in favor of a job guarantee — provided it meets MY criteria. The proposals currently...
Read More »Trump to ban Title X federal funding of Planned Parenthood Clinics regardless of whether they Do Abortions or Not
“The Trump administration wants to effectively pull Title X funding from family planning clinics providing abortion services” as reported in Modern Healthcare. Planned Parenthood while offering other healthcare services would not receive federal funding if they provided any abortion services or referred patients to other facilities that did perform abortions. The Washington Post “For Planned Parenthood abortion stats, ‘3 percent’ and ’94 percent’ are...
Read More »Sister Survivors
The Detroit News story, January 2018 “What MSU Knew” details when the abuse started. For twenty years, the female athletes who engaged in the Michigan State Gymnastics program complained of Dr. Larry Nassar to university representatives. MSU President Lou Anna Simon was amongst those who were informed and had known of the 2014 Title IX complaint and police report filed against an unnamed physician. According to university records and victim’s accounts,...
Read More »Michigan Medicaid Waiver
The State of Michigan Legislature is applying for an ACA Waiver as I pointed out in my post Why States Should Not Be Allowed to Alter the ACA with Waviers This is a relief valve for “counties” with high unemployment. In effect if Michigan counties have a high unemployment rate (8.5% or above), the unemployed workers in that county can have Medicaid until such time as the Unemployment Rate drops to 5%. Then the workers are expected to seek employment to...
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