Friday, September 23, 2005

Regarding the ongoing levee problem in New Orleans, why isn't this solution being considered or used? Moreover, why isn't Aqua-Levee bringing its miracle product down to N.O. on its own. If nothing else, imagine the worldwide positive publicity it could garner.

Monday, September 19, 2005

I know the president has more or less backed off his statement that no one expected Katrina to cause so much damage. But I just had to link here, because Nashville lawyer John Day makes a good point: the National weather Service predicted Katrina damage pretty well:
URGENT - WEATHER MESSAGE NATIONAL WEATHER SERVICE NEW ORLEANS LA 1011 AM CDT SUN AUG 28 2005 ..DEVASTATING DAMAGE EXPECTED HURRICANE KATRINA A MOST POWERFUL HURRICANE WITH UNPRECEDENTED STRENGTH...RIVALING THE INTENSITY OF HURRICANE CAMILLE OF 1969. MOST OF THE AREA WILL BE UNINHABITABLE FOR WEEKS...PERHAPS LONGER. AT LEAST ONE HALF OF WELL CONSTRUCTED HOMES WILL HAVE ROOF AND WALL FAILURE. ALL GABLED ROOFS WILL FAIL...LEAVING THOSE HOMES SEVERELY DAMAGED OR DESTROYED. THE MAJORITY OF INDUSTRIAL BUILDINGS WILL BECOME NON FUNCTIONAL. PARTIAL TO COMPLETE WALL AND ROOF FAILURE IS EXPECTED. ALL WOOD FRAMED LOW RISING APARTMENT BUILDINGS WILL BE DESTROYED. CONCRETE BLOCK LOW RISE APARTMENTS WILL SUSTAIN MAJOR DAMAGE...INCLUDING SOME WALL AND ROOF FAILURE. HIGH RISE OFFICE AND APARTMENT BUILDINGS WILL SWAY DANGEROUSLY...A FEW TO THE POINT OF TOTAL COLLAPSE. ALL WINDOWS WILL BLOW OUT. AIRBORNE DEBRIS WILL BE WIDESPREAD...AND MAY INCLUDE HEAVY ITEMS SUCH AS HOUSEHOLD APPLIANCES AND EVEN LIGHT VEHICLES. SPORT UTILITY VEHICLES AND LIGHT TRUCKS WILL BE MOVED. THE BLOWN DEBRIS WILL CREATE ADDITIONAL DESTRUCTION. PERSONS...PETS...AND LIVESTOCK EXPOSED TO THE WINDS WILL FACE CERTAIN DEATH IF STRUCK. POWER OUTAGES WILL LAST FOR WEEKS...AS MOST POWER POLES WILL BE DOWN AND TRANSFORMERS DESTROYED. WATER SHORTAGES WILL MAKE HUMAN SUFFERING INCREDIBLE BY MODERN STANDARDS. THE VAST MAJORITY OF NATIVE TREES WILL BE SNAPPED OR UPROOTED. ONLY THE HEARTIEST WILL REMAIN STANDING...BUT BE TOTALLY DEFOLIATED. FEW CROPS WILL REMAIN. LIVESTOCK LEFT EXPOSED TO THE WINDS WILL BE KILLED. AN INLAND HURRICANE WIND WARNING IS ISSUED WHEN SUSTAINED WINDS NEAR HURRICANE FORCE...OR FREQUENT GUSTS AT OR ABOVE HURRICANE FORCE...ARE CERTAIN WITHIN THE NEXT 12 TO 24 HOURS. ONCE TROPICAL STORM AND HURRICANE FORCE WINDS ONSET...DO NOT VENTURE OUTSIDE!
Katrina is a demonstration of the failure of imagination in government -- nobody, apparently, ever imagined it would be so bad, even though we all knew, intellectually, that such a thing was possible. What we need are government people tasked specifically to spin out disaster scenarios, so that prepared responses may be formulated and executed. I think Instapundit suggested just this type of thing long ago. When I get the time, I'll find a link.

Tuesday, September 06, 2005

By now, y'all have probably heard that Merck, maker of the infamous Vioxx, got slapped with a jury verdict for a whopping $253.5 million, including punitive damages of $229 million. But did you hear that, under Texas law, that punitive verdict is automatically cut to $1.6 million? Let's put it in perspective:
$11.772 Billion: The total worldwide sales of Vioxx from the time it was introduced in 1999 to the time it was removed from the market in 2004.

1999: $472 million ["S&P Affirms Ratings on Merck & Co.; Outlook Stable," Standard & Poor's press release, Business Wire, 2/23/00]

2000: $2.2 billion ["Merck's Strong Performance in 2000 Driven by Five Key Medicines, Chairman Ray Gilmartin Tells Stockholders," Merck & Co., Inc. press release, Business Wire, 4/24/01]

2001: $2.6 billion ["Merck's Continued Focus on Innovation Will Drive Growth, Merck Chairman Tells Stockholders," Merck & Co., Inc. press release, Business Wire, 4/23/02]

2002: $2.5 billion [Merck & Co., Inc Annual Report, 2002, p. 24]

2003: $2.5 billion [Merck & Co., Inc Annual Report, 2003, p.19]

2004: $1.5 billion ["Cholesterol Drugs on Top," Med Ad News, Vol.24 No.5, May 2005]
$505 Million: The amount Merck spent ($505,207,440) on direct to consumer advertising for Vioxx. ["The new face of consumer advertising," Med Ad News, 24(6):1, June 2005, "Consumer ads reach peak, Med Ad News," Pg. 1(8) Vol. 21 No. 6, June 2002, "Direct-to-consumer spending by brand," Med Ad News, Pg. 46 Vol. 19 No. 6, June 2000]

$37.8 Million: The amount Merck's Chief Executive Officer, Raymond Gilmartin made ($37.775 million) in 2004 from a salary, bonus, and stock options that he cashed-in. He was paid a base salary of $1,600,008, and received a bonus of $1,375,000. In addition to this salary and bonus, Gilmartin made $34.8 million by exercising stock options that he previously received from the company. It should also be noted that Merck gave Gilmatin additional stock options in 2004, estimated to be valued at $19.2 million. [Merck & Co. 2005 Proxy Statement, p.24-25; USA Today, 3/30/05; Washington Post, 3/22/05; The New York Times, 5/6/05]

$30.4 Million: The amount Merck spent ($30,390,294) lobbying Members of Congress and Federal agencies between 2000 and 2004. [The Center for Public Integrity]
$1.511 Million The amount Merck's Political Action Committee contributed ($1,511,885) to federal candidates since 1997. [Center for Responsive Politics, as of July 31, 2005]

$675 Million: The amount Merck has set aside to pay its corporate defense lawyers in Vioxx-related lawsuits. [Philadelphia Inquirer, 8/20/05]
Note that last statistic. And they call plaintiff's lawyers greedy?

Friday, September 02, 2005

There's no point belaboring how bad things are in the Katrina-affected areas. The American Trial Lawyers Association has a way of making tax deductible contributions for hurricane relief, though.

Monday, August 01, 2005

As most musicians will tell you, the magic of playing happens when the whole exceeds the sum of the parts. There are relatively few groups that achieve that goal. The Beatles, the Rolling Stones, The Who, Chicago come to mind in this respect, as the solo output of these groups’ respective players seldom matches the music of the group. Loggins and Messina, reunited after 29 years, achieves the goal handily, even effortlessly.

The duo, who were paired almost accidentally back in the early 1970s, only played together for 4 or 5 years, but their music remains entrenched as some of the most notable tuneage of the 1970s. While both Loggins and Messina, as solos, have created some good music, none of what they have done since their amicable parting in 1976 approaches the soul and staying power of the Loggins and Messina catalog.

I drove 200 miles to see them in Atlanta, at Chastain Park Pavilion. Not that I'm superstituos, but because I brough no rain gear other than a couple of small umbrellas, it rained for about 2/3 of the show. Regardless, I had waited 25 years to see them again, and I was not disappointed by their performance. Loggins was his usual animated self, while Messina laid back and sang/played, essentially flawlessly.

Their voices are as pure as they were 30 years ago, which is quite a contrast, compared to other icons, such as Elton John and Paul McCartney, whose voices have suffered changes with age. Harmonies were spot on; I failed to detect any glitches in the vocals.

It was the same with the band, populated with musicians new to the Loggins and Messina scene. There were a couple of songs I thought were played slightly too slow, but it wasn't tentative, it was measured. There were no self-indulgent solos like we heard back in the day. The song selection, while mostly centered on the songs they are “known” for, was fine. As a fan, I always want to hear more, but I was not disappointed by what they played.

Not counting the down time during the intermission, the group played for about 2 ½ hours through on and off [mostly on] rain, and the audience that persevered through the elements was left wanting more.

Ultimately, it was a fine show, demonstrating that this duo needs to be making new music together. Loggins’s tendency toward fluff is perfectly counter-balanced by Messina’s grittiness. Their vocal styles complement each other well. They are both approaching 60 years on; it would be a horrible shame to their musical legacy, as well as the fans that enjoy their music, if they finished this tour and simply went their own separate ways again. If not now, when?

Playlist:
8:05 PM
1. Watching the River Run
2. House At Pooh Corner
3. Travelin Blues
4. Sailin’ The Wind
5. Long Tail Cat6. Country Song/Holiday Hotel
7. Back to Georgia
8. Changes
9. Trilogy
-Lovin Me...
-To Make a Woman Feel Wanted
-Peace of Mind
10. Your Mama Don’t Dance
(End at 9:00 pm)
Intermission
Around 9:20 they started showing clips of them from the 70s
The “General Store” part of the show
11. You Better Think Twice (A Poco Song)
12. Love Song
13. Keep Me In Mind
14. Kind Woman (A Buffalo Springfield Song)
15. Alive and Kickin
16. Growin’
17. Be Free
18. Same Old Wine
19. You Need A Man
20. Vahevala
Encore
21. Angry Eyes
Encore
22. Nobody But You
Encore
23. Danny’s Song
End about 10:55 pm

And then we drove 200 miles home again. Whew!

Tuesday, April 19, 2005

Based on this footage, thank God the French didn't help us out in Iraq [PG-13 site, caution for underage viwers]!

Monday, March 14, 2005

To no one's surprise, there is no "crisis" in medical malpractice cases. That is the conclusiosn of a study to be published in the July 2005 Journal of Empirical Legal Studies, a peer-reviewed publication, and authored by four law professors. Some conclusions:

The number of large paid claims (>$25,000 in 1988 dollars) per year was roughly constant. The number of small paid claims (<$25,000 in 1988 dollars) declined sharply.

Mean and median payouts per large paid claim were $528,000 and $200,000, respectively, in 2002 and were roughly constant over time.

Roughly 5% of paid claims involved payments over $1 million, with little annual variation.

In 2000–2002, there was an average of 4.6 paid claims per 100 practicing Texas physicians per year, down from 6.4 paid claims per 100 practicing physicians per year in 1990–1992.

The total number of closed claim files averaged 25 per 100 practicing Texas physicians per year in 2000–2002. Of these, about 80% involved no payout.
In 2002, payouts to patients were about $515 million and Texas health care spending was about $93 billion, meaning that malpractice payouts equaled 0.6% of health care spending.

Mean and median jury verdicts in trials won by patients were $889,951 and $300,593, respectively, in 2002 and showed no significant upward or downward trend.
The sum of payouts and defense cost rose by about 1% per year. Defense costs, which grew 4.4% annually, drove this increase.

No surprise here. These facts and figures are consistent with my experience in Tennessee, too.

Anti-semitism at UC Irvine. Cloaked in the old rubric of "anti-zionism," the muslim students have hauled out yet again this old chestnut: "Malik Ali unleashed an attack about the Zionist control of the American media, Zionist complicity in the war in Iraq and Zionists’ ability to deflect justified criticism."

And how about this: "More recently in October, somebody scrawled the messages, “Kill the Jews” and 'Make it snow Jewish ash' in a classroom at the University of Wisconsin at Madison. That same month at UC Riverside, a pro-Palestinian display equated the Star of David with a swastika and Zionism with Nazism." It's the bg lie -- scream loud enough and long enough, and people may just start to believe it.

We're back to late 1930s Germany here. We must be very careful not to let this spiral get out of control.

Thursday, March 03, 2005

It's official: bloggers beat Tom Daschle. What's interesting is that two of the most vociferous pro-Thune and anti-Daschle blogs were funded by the Thune campaign, and the bloggers closely associated either with Thune or with the GOP.

It's one thing if you're a blogger who just happens to like one candidate over another. It's quite another when you represent yourself as objective, fair and/or balanced, and it turns out after you have significantly influenced a campaign that you were bought, paid for, and propagandizing for your candidate.

Monday, February 21, 2005

Glenn spoke yesterday about poor Helen about having had it with being in he hospital. His comments about being in the hospital long periods of time is right on the mark. It's called ICU psychosis. Basically, the longer you are in the ICU [specifically, and hospital generally], the crazier you get. It happened to my father, when he was in the hospital for nine weeks following cancer surgery in 1992. He just got further and further away from us, to the point where a family friend [and doctor] told us to get him out, no matter what, or he was going to die. We did, and he didn't.

Being in the hospital sucks.
We now have a new law that restricts class action lawsuits, further limiting the rights of people to be compensated for their injuries. The Houston Chronicle, in our president's back yard, is critical of the legislation. The Chronicle's point: what happened to the concepts of limiting federal power, espoused by the republicans? Good question. My answer is that the Republicans never really believed that stuff; they say whaever they need to in advancing ther own agenda. Thus, if it serves their purpose to say "get government out of peoples' lives," they take that tack. When they want something in line witht their iedologu, all of a sudden restrictive legislation that takes perennially state matters out the states' hands becomes perfectly acceptable. Logically inconsistent, but ideologically useful.

Now that class actions are out of the way, it's back to this ridiculous effort to limit, first medical malpractice lawsuits, and ultimately all lawsuits for damages. Here are some interesting truths demonstrating that caps on damages and other limitations as proposed by the Administration do not reduce healthcare costs. Read the whole report, but here are some bullet points:
Despite caps on damages enacted in 19 states, most insurers continued to increase premiums for doctors at a rapid pace, regardless of caps.

States with caps on damages have premiums on average 9.8% higher that states that do not have caps.

Past and present medical malpractice judgments/settlements do not seem to be the driving force behind increases in premiums.

California doctors' premiums rose 450% in the 13 years after passage of caps on damages, and did not go down until California passed, by referendum, insurance reform.

The state of Texas's passed caps on damages in 2003. Its second largest insurer has now requested a 19% increase in premiums, stating that caps do not lead to any significant savings.

Modern Physician: "The real drivers of the rise in premiums over the past four years have been low interest rates, a sour national economy and the legacy of overly aggressive pricing policies in the years before the ‘crisis’ began in late 2000. . . ."

Many of those who support medical malpractice caps – even many tort reform “experts” and insurance company executives, admit that caps will not significantly lower premiums.

The Congressional Budget Office (CBO) reported that caps will not significantly reduce overall healthcare costs.

Even the Budget Submitted by the Bush Administration – the Administration’s FY ’05 Budget did not state any savings as a result of caps.

"Insurance was cheaper in the 1990s because insurance companies knew that they could take a doctor's premium and invest it, and $50,000 would be worth $200,000 five years later when the claim came in. An insurance company today can't do that." (Victor Schwartz, general counsel to the American Tort Reform Association, "Dose of Legality," Honolulu Star-Bulletin, April 20, 2003).

The number of physicians has risen in every state every year over the last 3 years (of available data – 2000–2002), and the numbers of physicians are higher in every state than they were in 1996. (American Medical Association, “Physician Characteristics and Distribution in the U.S.,” 2003-2004 edition)

In studies done in 1995 and 2004, the median plaintiff award in tort cases has dropped from $50,000 in the 1990s to $37,000 by 2001. (www.ojp.usdoj.gov/bjs/civil.htm#state; University of Chicago Law Review, Winter 1998). Between 1992 and 2001 the number of jury trials with punitive damages remained stable (4% to 6%) and the median punitive damage award decreased slightly from $63,000 to $50,000. (Civil Trial Cases and Verdicts in Large Counties, 2001, Thomas H. Cohen, Steven K. Smith, Bureau of Justice Statistics, 2004).

The General Counsel for the American Tort Reform Association (ATRA) – admitted that so-called “frivolous” malpractice cases are “very rare.”

In August 2003, tort reform advocates, including insurance industry executives, were forced to admit their arguments lacked merit after they were placed under oath by the Florida Senate Judiciary Committee. The St. Petersburg Times reported: “The Senate Judiciary Committee, frustrated by the conflicting information given it by different interest groups, discredited much of the medical malpractice rhetoric by placing witnesses under oath. Suddenly, there were no frivolous lawsuits and
Florida was a profitable place for insurance companies to do business after all.” (St. Petersburg Times, 8/17/03)

The bottom line is that this whole "reform" effort is nothing more than a shell game by Big Insurance and the chambers of commerce, in the hopes that a not-well-understood issue slides past the public's eye. It's much harder to undo something that has already been done. Which is exactly what they're trying to do.

Thursday, February 10, 2005

Courtesy of my very good friend, Glenn "Instapundit" Reynolds, I've got a quote in the Wall Street Journal [see third paragraph from end]. He's a firecracker, that Glenn!

The quote itself is correct, if incomplete. What I said more fully was that by shoving worker's compensation "reform" down our collective throats, he sold down the river not only lawyers like me, but more importantly, the clients whom we represent. That, of course, is the implicit point of Bredesen's worker's compensation "reform" package: to discourage claims by reducing benefits [and resulting attorney's fees], which disinclines lawyers from taking the case, and disinclines the claimant from pursuing benefits because they are so low, relatively speaking. I have had many lawyers here in Knoxville tell me that they will not take any new worker's compensation cases, because there is no way for them to make any profit from the representation. Altruism aside, we do have to make a living. My firm and I still accept meritorious worker's compensation cases, however.

As to Bredesen, there's an old political saw that goes something like this: "he's a bum, but at least he's our bum." The problem with Bredesen is that while his party affiliation is Democrat, he sure has been acting like a Republican. So maybe he's not "our" bum, after all.

Friday, January 21, 2005

Very disturbing news about the Catholic Church's and Pope Pius XII's role in the aftermath of the Holocaust:

The latest scandal to rock the Catholic Church, causing a storm in Italy and elsewhere, follows a familiar pattern: first the crime, then the cover-up. It concerns whether the Church kidnapped Jewish children after the Holocaust and has at its center, yet again, Pius XII, the pope that the Church appears determined to make into a saint despite his criminal role during the Holocaust and, we now learn, quite probably afterward. A Church document of October 23, 1946, recently disclosed in Corriere della Sera, contains papal orders for the French Church forbidding the return of entire classes of Jewish children entrusted to Church institutions during the Holocaust. . . . "If the [Jewish] children have been entrusted [to the Church] by their parents, and if the parents now claim them back, they can be returned, provided the children themselves have not been baptized. It should be noted that this decision of the Congregation of the Holy Office has been approved by the Holy Father."

It took almost 60 years for this scandal to come to light, and while an investigation is warranted, it is unlikely to happen. Given Pius XII's deplorable record during World War II -- "systematically spreading hatred and bigotry against a people while they are being persecuted and slaughtered . . . . approving Nazified race laws persecuting an entire people . . . . failing to command bishops and priests subject to his absolute authority not to participate in the deportations of tens of thousands of people to their deaths . . . . ordering a policy of kidnapping children . . . from people who had been through the Nazi" -- any reasonable person, Catholic or otherwise, must wonder why in the name of all that's holy the Church wants to make a saint out of this man.

Wednesday, January 19, 2005

The leader of the free world is out to settle some scores:

Sounds like ole George is on to something, doesn't it? And even if he isn't, what's to like about lawyers, anyway?

Well, sad to say, ole George has let us down. He's right that physicians are hit hard these days with insurance costs. And trial lawyers do love to sue them,sometimes frivolously. But there's another player in this drama he overlooked: the insurance industry and it's not clear why. George W. isn't dumb, as Democrats like to say, but he's not the brightest bulb on the Washington Christmas tree either. So maybe he just forgot. Or maybe he found the facts inconvenient.

A study by the Foundation for Taxpayer and Consumer Rights, using the experience in California and statistics developed by the federal government's auditing office, makes the case that capping jury awards has had little impact on malpractice insurance rates. What works best, the foundation found, is tighter regulation of the insurance industry.

****

Why does Bush ignore this aspect of the problem? No mystery there. It's politics. This is the most blatantly political administration in Washington in decades, and the trial lawyers are viewed by the Bush-Cheney crowd as simply Democratic auxiliaries. Not without reason, one should add. The trial lawyers have been big sugar daddies for the Democrats for more than a decade.

Bush, the politician, has an understandable beef with the tort bar. But Bush, as a proper president, isn't allowed that luxury. As chief magistrate and the people's tribune, he was elected to solve problems like this, not to indulge petty political peeves. Make no mistake, the physicians' growing insurance burden is a crisis. But it can't be resolved without recognizing the insurance industry as part of the problem.

The industry likes to claim it loses money on malpractice coverage. And some companies undoubtedly do. But on the whole, the industry is profitable beyond the wildest dreams of avarice. Moreover, the opportunity for cooking the books is greater in the insurance dodge than in almost any other line of work. The industry is not subject to federal regulation; indeed, it's exempt even from antitrust laws.

****

This contest involves some of the wealthiest segments of American society and the least regulated: the physicians' lobby, the plaintiffs' bar and the insurance industry. But the greatest potential losers in the struggle are ordinary Americans who need dependable physician care and legal redress when that care is shoddy. They look to the president for help in providing it.

In using the crisis to settle a political score with the trial lawyers, Bush is guilty of presidential malpractice.

He hit the nail on the head.

Robert Landauer:

Bush chose the Illinois site [to redirect his attack, this time to benefit the insurance industry] because "(a) recent study ranked Madison County the number one place in the country for trial lawyers to sue" -- the nation's worst "judicial hellhole," the American Tort Reform Association called it, followed by neighboring St. Clair County. Health care professionals should be fighting illnesses, not "junk lawsuits," Bush declared.

A closer look at the numbers by lawyers, advocacy groups and news reporters presents a less alarming picture locally. Also, analyses by the Congressional Budget Office indicate that Bush's legislative prescriptions won't cut medical costs any more than a tummy tuck will cure a runny nose.

Of nearly 700 malpractice/wrongful death suits filed in Madison County between 1996 and 2003, only 14 resulted in verdicts. Only six of those favored the plaintiffs. Of those six, only one was large enough to be affected by the president's proposed $250,000 cap.

So even in the nation's leading "judicial hellhole," courts throw out most baseless lawsuits early in the process, and the system usually does work.

Did you all get that? Only one verdict in Madison County, Illinois was over $250,000 over a seven year period. What litigation crisis?

The Administration is campaigning for tort limitations the same way it campaigned for the presidency: using fear, truth distortions, and out and out mistruths. As usual, it relies on the public not paying attention. Some of us do.

Seattle Post-Intelligencer: "Wrong medicine: caps:"

According to a 2004 study by the Congressional Budget Office, malpractice costs account for less than 2 percent of total health care spending. The same study estimates that even a reduction of 25 percent to 30 percent in malpractice costs -- the president's plan certainly doesn't claim to save that much -- would lower health care costs by less than half of 1 percent.

The answers to lowering the fiscal effects of medical malpractice lie not with arbitrarily limiting compensation to injured patients but with bolstering identification and discipline of dangerous doctors and better regulation of the medical malpractice insurance industry.

So why, oh why, does our president want to limit people's access to the courts? Could there be another reason, such as giving yet another break to Big Insurance and Big Business? Nah.

Sidney Zion weighs in on the President's deplorable effort to limit access to the courts. Some great zingers:

"This war [on trial lawyers] is apparently Bush's top domestic priority. It's not the economy, stupid, it's the trial lawyers!"

****

"He [the president, while in Madison County, Illinois] paraded a few doctors who said they no longer could practice in Madison, as the verdicts had raised their malpractice insurance sky-high.

"Chances are these docs got the same vetting from the White House as Bernard Kerik, but so what? The cons and neocons of the American Tort Reform Association are the bunco artists of our time, and as such fly from facts as Dracula from the cross."

****

"Frivolous malpractice suits are rare. The reason? They cost too much to file. Trial lawyers finance these cases themselves, with contingent fees - which the tort reformers would abolish.

"The cap - and this is the real skinny - would leave young people and the elderly, those without economic damages because they have no incomes - without recourse to the courts. All they have is pain and suffering, and even without caps, it's difficult to get lawyers."

****

"Only 2% of patients injured by physician negligence sue. Which means these victimized doctors may be getting away with 98% of their malpractice."

I have been remiss in not blogging in opposition to the Administration's current tort limitation effort, as I had two years ago, when I first started this blog. I'll try to do a better job in the future.

Thursday, January 13, 2005

More depressions like this? No thanks!
Another highly publicized campaign fallacy was that Americans are making less money today than before Bush was inaugurated. As illustrated by the chart below, when Bush took office, the average weekly pay for production or non-supervisory employees was $485. In December, it was $536 -- a 10.52% gain. This increase in wages -- also contrary to politically oriented assertions -- is greater than the 9.77% rise in inflation during this four-year period as measured by the Consumer Price Index (through November 2004). This means that when you combine lower tax-rates for all wage earners, the inflation-adjusted after-tax incomes of Americans have continued to rise during Bush's first term.

I don't know about the rest of you, but my salary hasn't gone up in the entire four years of the Bush presidency, as contrasted with the Clinton years. Another quote:

Certainly, another sign of depression would be declining consumer net worth -- the total of consumer assets minus liabilities -- which obviously plummeted during the 1930's. Strangely, during the Bush "depression," this statistic rose to a new all-time high of $45 trillion by the end of 2003 -- yes, even greater than at the stock bubble peak in March 2000. Without the final data for 2004, it is safe to assume that this net worth is significantly higher today given last year's 9% increase in stocks (S&P 500), and a likely similar gain in residential real estate values.

This guy may be an economist, but that doesn't comport with my personal and anecdotal experiences. Perhaps this is an example of misleading statistics, or the rich are getting richer, the poor getting poorer [not that I'm poor, but I worry...].

Wednesday, January 12, 2005

I just played a pretty cool AI game of 20 questions. Try it out; I'll bet you can't beat it!

Tuesday, January 11, 2005

How's this for subtle stifling of dissent? the Department of Education, through a PR firm cutout, paid a nationally syndicated television pundit almost a quarter of a million dollars to push the No Child Left Behind program:
The campaign, part of an effort to promote No Child Left Behind (NCLB), required commentator Armstrong Williams "to regularly comment on NCLB during the course of his broadcasts," and to interview Education Secretary Rod Paige for TV and radio spots that aired during the show in 2004.

Williams said Thursday he understands that critics could find the arrangement unethical, but "I wanted to do it because it's something I believe in."

Forget Tax cuts. Stop this crap and we'll save some real money. More odious, however, is the Administration's cavalier manipulation of public opinion by using a perceived independent commentator to shill for an Administration program. That he failed to disclose his bought-and-paid-for relationship to the Administration is damning fo both Armstrong Williams and to the Administration. It also begs the question of how many other "journalists" out there are pushing Administration positions while being paid sub rosa for their support?

By the way, he is keeping the $240,000.

UPDATE: Tribune Media Services, who syndicates Williams, has terminated its contract with Williams:

In a statement, TMS said: "[A]ccepting compensation in any form from an entity that serves as a subject of his weekly newspaper columns creates, at the very least, the appearance of a conflict of interest. Under these circumstances, readers may well ask themselves if the views expressed in his columns are his own, or whether they have been purchased by a third party."

That's about right.

ANOTHER UPDATE: According to friend Glenn, The government has done this before, for example, spending millions during the Clinton Administration to insert anti-drug messages into network television shows. I don't think much of that either, but I think one can distinguish between entertainment shows and what is passed off as "news" or "news commentary." It's easy to say "trust, but verify," but in practice, on-the-fly fact-checking news shows or determining the honesty/integrity of news commentators and pundits, is well-nigh impossible. In the spirit of good faith and fair play, potential conflicts in such shows must be disclosed.