No, p00p is not a drug.
Category Archives: Business
Bill Nye The Geography Guy
A report on his disastrous “debate” on Meet The Press.
“Oh, They’re Not All Evil And Stupid”
Kirsten Powers, on how working at Fox has been good for her.
As some have pointed out, Roger Ailes succeeded by catering to a previously untargeted market niche — over half the country.
Bigelow
A story on his plans for orbital and lunar bases, starting three years from now, at CNBC.
Fuel Efficiency Standards For Trucks
Thoughts on the policy stupidity of it. As noted, truckers already have plenty of incentives to get their trucks as fuel-efficient as possible. This also applies to CAFE (which in turn is equally stupid to the new light-bulb rules).
[Update a while later]
The single-entry bookkeeping of the Left. This is particularly the case with carbon mitigation, which the warm mongers always ignore, or fantasize that it will be less than the cost of changes in the climate.
Federal Welfare Overpayments
…are on the order of a hundred billion per year, a lot of it from Medicare/Medicaid.
One of the stupider arguments (among many) made by proponents of those programs it that they “have low overhead costs,” relative to private insurers. Well, it’s easy to have low overhead costs if you pay no attention to whether or not a claim is valid. I consider a hundred billion in overpayments in fact a very high overhead cost.
Five Years Of Stimulus
Did it work?
No.
As some wag noted at the time, it was stimulating in the same way a clumsy ugly person doing a pole dance was.
The Plundering Of NASA
Another review of Rick Boozer’s book
The Next Housing Bubble
Are we being saved from it by the student loan bubble? What an awful, awful government policy. It’s destroying a generation’s financial prospects.
Administrative Bloat And Astronomical Tuition
Colleges and universities are nonprofits. When extra money comes in — as, until recently, has been the pattern — they can’t pay out excess profits to shareholders. Instead, the money goes to their effective owners, the administrators who hold the reins. As the Goldwater study notes, they get their “dividends” in the form of higher pay and benefits, and “more fellow administrators who can reduce their own workload or expand their empires.”
But with higher education now facing leaner years, and with students and parents unable to keep up with increasing tuition, what should be done? In short, colleges will have to rein in costs.
When asked what single step would do the most good, I’ve often responded semi-jokingly that U.S. News and World Report should adjust its college-ranking formula to reward schools with low costs and lean administrator-to-student ratios. But that’s not really a joke. Given schools’ exquisite sensitivity to the U.S. News rankings, that step would probably have more impact than most imaginable government regulations.
Something’s going to have to give.