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MindMover

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Member since: Sun Jul 31, 2011, 05:36 PM
Number of posts: 5,000

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Krugman: Free Markets have never worked for Healthcare

Steven Levitt, in his new book, Think Like a Freak, with Stephen Dubner, thinks he was being smart by telling British Prime Minister David Cameron that he should scrap the National Health Service and let the magic of the marketplace deal with health care. Strangely, Mr. Cameron wasn't impressed.

I think there are several things going on here. One is a Levitt-specific, or maybe Freakonomics-specific, effect: the belief that a smart guy can waltz into any subject and that his shoot-from-the-hip assertions are as good as those of the experts. Remember, Mr. Levitt did this on climate in his last book, Super Freakonomics, delivering such brilliant judgments as the assertion that because solar panels are black (which they actually aren't), they'll absorb heat and make global warming worse.

So it's true to form that he would consider it unnecessary to pay attention to the work of lots of health economists, or for that matter the insights of the economist Ken Arrow, and assert: hey, I don't see any reason not to trust markets here. There's also the resurgence of faith-based free-market fundamentalism.

I'll write more on this soon, but I'm seeing on multiple fronts signs of an attempt to wave away everything that happened to the world these past seven years and go back to the notion that the market always knows best. Hey, the solution was always about allocating scarce resources (never mind all those unemployed workers and zero interest rates). And why would anyone ever imagine that market prices are wrong (don't mention the bubble)?

http://truth-out.org/opinion/item/23979-free-markets-are-not-always-the-best-medicine

Nearly Half of Americans Don't Care Who's Going to Congress ... In other words .

We don't give a shit

A pox on both houses. That seems to be the general feeling of almost half of Americans when it comes to a preference on who controls Congress after the 2014 midterms. The latest polling shows a remarkably ambivalent public, many of whom don’t really seem that concerned about even voting in the first place.

According to the Associated Press, a recent poll about the upcoming election has people preferring that Democrats get control of Congress at 37 percent, Republicans at 31 percent, and another 31 percent saying they have no preference at all. Furthermore, only 53 percent care “a good deal” about who wins

As the article notes, a great deal of the apathy is a rather normal state when it comes to a midterm election. After all, voter turnout is traditionally much lower than it is during a presidential election, with a mere 40 percent of eligible voters turning up to cast a ballot.

That’s a tragedy. Midterms can make or break a country, as we saw during the 2010 GOP sweep. There are many life changing reasons to vote in this midterm, and yes, it really does matter which party controls Congress.

http://www.truth-out.org/news/item/23981-nearly-half-of-americans-dont-care-whos-going-to-congress-and-thats-a-bad-thing

SolarCity offers its largest online discount, with Groupon

SolarCity announced today that the company is partnering with Groupon, the online deals marketplace, for a limited time to provide the largest online discount SolarCity has ever offered.

In an attempt to push residential solar energy systems even more into the mainstream, SolarCity will offer a $400 discount on a home solar system. SolarCity told SmartPlanet the discount should provide roughly 3-4 months of free solar energy, depending on solar setup for each individual customer.

"This is the first solar Groupon," Jonathan Bass, SolarCity's vice president of communications, told SmartPlanet. "It's a mainstream moment for solar." Groupon offers over 200,000 active deals globally. The deal will be available in the 15 states and 84 metropolitan areas in the U.S. where SolarCity provides its services.

SolarCity has reached the point where it's installing around one in four of all new residential U.S. solar systems, Bass says, in part because it gives customers plenty of options for financing solar. Of course, you can buy or lease the solar panels. Or, like 90 percent of SolarCity customers, you can choose the solar service agreement option. That means that solar panels are installed on your roof or at your residence, but SolarCity owns them. The customer only pays a fixed price for electricity, generally lower than your utility bill, the company claims. And the customer has no high upfront costs to install the system.

"Most people want to do something positive for the environment but don't want to make the financial sacrifice," Bass said. With the solar service agreement, you basically allow SolarCity to install the solar panels on your roof and in return you get a cheaper electricity bill.

http://www.smartplanet.com/blog/bulletin/solarcity-offers-its-largest-online-discount-with-groupon/

This is just a WIN WIN WIN for everyone ...

I missed this in our media ... I wonder why ?

Our Food Corporations Promote Climate Change ??

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Boehner: Tea party and GOP aren't that different

(CNN) - House Speaker John Boehner said Tuesday the tea party and conservative Republicans are basically one in the same.

As establishment Republican candidates try to fend off a series of tea party challengers in Tuesday's midterm primaries, Boehner sought to quell the apparent divide between the two factions in his caucus.

"I think the tea party has brought great energy to our political process," the Ohio congressman said when asked about Tuesday's contests.

"You get in these primary elections – they are hard-fought battles and sometimes – listen, there is not that much, not that big a difference between what you call the tea party and your average conservative Republican," he said, pointing to the GOP's near-unanimous opposition to Obamacare, tax increases and an overbearing federal government.

http://politicalticker.blogs.cnn.com/2014/05/20/boehner-tea-party-and-gop-arent-that-different/

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This is why Republicans will lose big this fall and will lose Presidency for the foreseeable future ..

Krugman: When Government Intervention Works

Brad Plumer, an editor at Vox, tells us an important, little-known tale. It begins with things going badly: "Back in the 1980s and '90s," Mr. Plumer wrote earlier this month, "many fisheries in the U.S. were in serious trouble. Fish populations were dropping sharply. Some of New England's best-known groundfish stocks - including flounder, cod, and haddock - had collapsed, costing the region's coastal communities hundreds of millions of dollars."

So the government got involved. But we know that government is always the problem, never the solution, so you know what came next.

Or maybe you don't. In fact, government intervention has been a big success. Many fisheries have rebounded, to the benefit of the fishermen as well as consumers. (Mr. Plumer's article, titled "How the U.S. Stopped its Fisheries From Collapsing," can be read here).

Fighting climate change isn't really all that different from saving fisheries; if we ever get around to doing the obvious, it will be easier and more successful than anyone now expects.

http://www.truth-out.org/opinion/item/23807-when-government-intervention-works

In Paul Ryan's Bible

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Remember When ...

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#OperationAmericanSpring I am at the Capitol Estimating the crowd to be between 15 mil to 34 billion

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