Monday’s New York Times op-ed by Krugman caught my attention:
A brief history lesson: In the 17th and 18th centuries, the Polish legislature, the Sejm, operated on the unanimity principle: any member could nullify legislation by shouting “I do not allow!” This made the nation largely ungovernable, and neighboring regimes began hacking off pieces of its [...]
Didn’t some of the hype associated with Obama’s election have something to do with the U.S. moving off the rather draconian path set by the prior administration after 9/11? From cNet:
The FBI is pressing Internet service providers to record which Web sites customers visit and retain those logs for two years, a requirement that [...]
Seen in Insurance Journal:
The American Bar Association says the Illinois Supreme Court was right in striking down as unconstitutional the caps on non-economic damage awards in medical malpractice cases.
Insurer groups, however, say the decision will add to rising health care costs and stymie the economic climate in the state.
In an opinion filed on Feb. [...]
On the U.S. East Coast, the date/time is now 2/17 18:28. As I promised last March, I’m wishing everyone a happy e day.
One item that came up while I was deluged was that Obama’s proposed budget includes a proposed change to the federal backstop on terrorism coverage. Quoting Business Insurance:
According to budget documents released Monday, the administration’s plan would eliminate “nearly $250 million in federal subsidies to insurance companies for terrorism insurance. These subsidies are no [...]
Yes, the day job has been keeping me busy enough that I’ve been pretty quiet here lately. However, I did have to resurface to share the results of a Rasmussen poll:
In January, the number of Americans identifying themselves as Democrats fell another tenth-of-a-percentage point. Now the number of Democrats is at the lowest level recorded [...]
Amazing; the feds are actually going for the idea. As seen in the Courant:
The federal government on Tuesday committed $45 million toward the New Britain busway, the strongest sign yet that the long-planned and frequently delayed project will actually be built.
The announcement was greeted cheerfully by Gov. M. Jodi Rell and Mayor Timothy Stewart, who [...]
Some happy thoughts courtesy of Paul Farrell at MarketWatch:
Retire? You can fuggetaboutit if the new Global Debt Time Bomb is detonated by any one of 20 made-in-America trigger mechanisms.
Yes, 20. And yes, any one can destroy your retirement because all 20 are inexorably linked, a house-of-cards, a circular firing squad destined to self-destruct, triggering the [...]
Seen on Insurance Journal:
California Insurance Commissioner Steve Poizner said that his position has become too politicized and should return to being one that’s appointed by the governor. […]
California’s insurance commissioner became an elected position when voters approved Proposition 103 in 1991.[…]
Poizner says the insurance commissioner acts as an important watchdog for consumers and should not [...]