Boffo WSJ this weekend!

1. Warren Buffet peers into the abyss
A great summary article of the 2008 meltdown from Warren Buffet's perspective.


QOTD1

"I bought my first stock in 1942, and this roller coaster surpassed anything that I've seen"
- Warren Buffet on 2008's crash of the financial system

I'll admit. I don't understand how Buffet is looking into the abyss in 2008, and then just a year later, nearly every economic indicator is (green-) shooting positive. This blog post is a great summary of that, BTW, with lot of tasty charts:


BTW, I know this will change at some point, but look how fucked up Berkshire Hathaway's web site it: www.berkshirehathaway.com. He he he. Reminds me of williamt.com a decade ago or so.

2. Health care radical improver
I heart this guy. Jonathon Bush, CEO of athenahealth. They're a hi-tech company bringing 21st century software products to health care practitioners.

I haven't read a better article summarizing the real answer to improving health care in the US: creativity, innovation, freedom, choice, competition. What a great article!


QOTD2

"If we feel like rich people should pay more for not-rich people's health insurance, that's fine. But just give them the money. It's [Obamacare] totally inefficient wealth redistribution because they can't get creative with it. They're not allowed by law to get creative with it."
- Jonathon Bush, CEO of athenahealth

Imagine applying the creativity and competition we see in the cell phone market, but to health care. Now, that's a solution! That's power!

3. Naked (and nonsensical) Copenhagen
To the pols and the media, global warming means tax hikes and greater governmental/centralized control of our economy. Here's an article by a guy, Richard Muller from Berkeley (oh my!), who believes in global warming (I think) and uses common sense to argue against nonsense like cap-and-trade or other carbon tax schemes in the US:


QOTD3

"But the bottom line is that 80% cuts in U.S. emissions will have only a tiny benefit. The bulk of our effort is best directed at helping the emerging economies conserve energy and move rapidly toward efficient solar, wind and nuclear power. Developing cheap carbon capture and sequestration is also a priority. Above all, we need to recognize that make-the-West-bear-the-burden Copenhagen proposals are meaningless."
- Richard Muller, Berkeley physics prof

Believe in global warming or not, the plan to raise taxes and increase the role of government here in the US to combat global warming is a canard.

Nice work WSJ. Excellent.
sunday morning, sunday music... yow, bill

Labels: globalwarming, healthcare, politics, qotd