Day: October 28, 2015

THOMAS Top Ten for 10/25/2015 | THOMAS (Library of Congress)

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  • H.R 1735 [114th]
    National Defense Authorization Act for Fiscal Year 2016
  • S. 754 [114th]
    Cybersecurity Information Sharing Act of 2015
  • S. 2146 [114th]
    Stop Sanctuary Policies and Protect Americans Act
  • H.R. 213 [114th]
    Fairness for High-Skilled Immigrants Act of 2015
  • H.R. 3011 [114th]
    Kate’s Law
  • H.R. 1599 [114th]
    Safe and Accurate Food Labeling Act of 2015
  • H.R. 3762 [114th]
    Restoring Americans’ Healthcare Freedom Reconciliation Act of 2015
  • S. 2123 [114th]
    Sentencing Reform and Corrections Act of 2015
  • H.R. 3744 [114th]
    Venezuelan Refugee Assistance Act
  • S. 1082 [114th]
    Department of Veterans Affairs Accountability Act of 2015

 

Source: THOMAS Top Ten for 10/25/2015 – THOMAS (Library of Congress)

Paul Ryan’s Defining Vote | Bloomberg View

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Under Boehner, the House has too often been home to brinkmanship that undermined the economy and extreme ideological posturing that upset efforts to reach national consensus.

The deal on the table is a responsible plan to avert default and fund the government — two basic obligations of legislators.

Source: Paul Ryan’s Defining Vote – Bloomberg View

Political Cartoons – Scalpel. | Washington Times

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Illustration by Dana Summers of the Tribune Media Services

Source: Political Cartoons – Campaigns and Elections – Scalpel. – Washington Times

Can Fast Food Get Healthy? | The New Yorker

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Fast food has transformed America, but we hardly invented it.

The most impoverished citizens of ancient Rome, unable to store supplies or afford cooking oil, often ate at booths that served what we would now call pizza.

According to a twelfth-century account of life in London, travellers who were unwilling “to wait fasting till fresh food is bought and cooked” could “hasten to the river bank, and there all things desirable are already to their hand.”

Source: Can Fast Food Get Healthy? – The New Yorker

It’s Official: Government Bonds Can Damage Your Wealth | Bloomberg View

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Sweden’s Financial Supervisory Authority has ordered its banks to come up with models that better reflect the reality that, yes, you can lose money on government debt.

.. Now that Sweden has dispelled the fantasy that government debt is risk-free, the rest of Europe should follow suit.

Source: It’s Official: Government Bonds Can Damage Your Wealth – Bloomberg View

Humans 1, Machines 0 in Exchange Deal | Bloomberg View

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“People still trust people more than they trust computers,” said Kevin McPartland [2], a market structure analyst at Greenwich Associates.

“I don’t think that’ll ever change.

“This is especially true in the $8 trillion U.S. corporate-debt market, which includes thousands of bonds governed by idiosyncratic deal documents and owned by some colorful, intelligent and cunning characters (think Carl Icahn [2, 3] or Philip Falcon).

Source: Humans 1, Machines 0 in Exchange Deal – Bloomberg View

Obamacare Premiums Rise, Sort of as Predicted | Bloomberg View

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What you think about this probably depends on what you think of the law.

If you’re a supporter, 7.5 percent may compare favorably to premium increases in the years leading up to the law’s passage.

If you opposed it, well, 7.5 percent sounds like a pretty large increase.

Source: Obamacare Premiums Rise, Sort of as Predicted – Bloomberg View

Related>

Economic recovery that never comes | Washington Times

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Overall, the economy’s future expectations appear grim, forecasters say.

“The continued weakness in business spending, together with signs of a slowdown in hiring by companies, could raise further doubts on whether the Fed will raise interest rates this year,” CNBC reported Tuesday.

Source: DONALD LAMBRO: Economic recovery that never comes – Washington Times

What’s the Mortality Rate for Unicorns? | Bloomberg View

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The core issue is that many of these unicorns aren’t profitable.

They’re huge and they have lots of customers. They are the subject of both glowing write-ups and angry screeds about the “gig economy.”

But every sale they make costs them a bit of their backers’ money. It’s the high-tech version of the old economist’s joke: “We’re losing money on every unit, but we’ll make it up in volume!”

Source: What’s the Mortality Rate for Unicorns? – Bloomberg View

Poland’s Risky Choice | Bloomberg View

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Entrepreneurship and modern infrastructure are abundant in Warsaw and the western provinces, but eastern Poland seems stuck in an earlier era.

Five eastern regions rank among the poorest in the 28 EU countries.

Source: Poland’s Risky Choice – Bloomberg View