Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
March 19, 2009
Obama: Big changes coming in federal contracting | fcw.com
Is the federal government acquisition process becoming unsettling for a good reason? Are no-bid and cost-reimbursement contracts going away in FY 09?
March 12, 2009
GM seeks credit insurance to help suppliers maintain parts deliveries | www.autonews.com
By outsourcing to overseas suppliers,components and services based solely on price, with no regard for the long term consequences of this agenda, companies like General Motors guaranteed that American jobs, including those of their own employees, would be lost. Now having helped through sheer ignorance of, or active disinterest in, any long term consequences of their actions, which have contributed to the destruction of the ability of American workers to be able to buy their cars and trucks, short sighted companies such as GM are asking the US treasury to compound the felony and guarantee GM's payments to its suppliers regardless of their location and who they employ! This foolish proposal is an insult to the American taxpayer. No matter what the difference in cost between, for example, a Chinese made auto part and one made in Ohio guaranteeing payment to the Chinese supplier simply robs the American taxpayer of any value to be gained by such an undertaking.
Will Health Reform Include Long-Term Care?
March 9, 2009
Obama’s Remarks at the White House Health Care Forum | www.nytimes.com
Long-term care financing is the 800-pound gorilla of social problems waiting just around the next bend in public policy. Even if we solve the unfunded liabilities of Social Security and Medicare, which we can't without radically changing those programs, Medicaid and long-term care await. Yet, President Obama's health care reform plans don't contemplate, much less solve the challenge of funding long-term care for the boomer generation even as the Age Wave is about to crest and crash.
TALF: Are FED's looking out for small businesses?
March 3, 2009
US FED: Fed Announces TALF Structure, First Funding March 25th | www.forbes.com
The FED's issued a new Bail-out Plan or TALF to assist the credit markets. Does this sound familiar? Is this similar to the TARP funds? Will it have an impact on small businesses and individuals or is it just another way to dish out cash to undeserving banks?
Ohio Payday Lenders Holding On for Now
February 20, 2009
Ohio Payday Lenders Finding A Way Around New Law | www.dispatchpolitics.com
Ohio payday lenders are holding on for now. They are creatively finding loopholes in the new law.
EPA's regulation will probably be less about costs, and more about feasibility
February 20, 2009
E.P.A. Expected to Regulate Carbon Dioxide | www.nytimes.com
The remarks here are a summary of remarks made by Kenneth Snell, of Sargent and Lundy, during the recent Power-Gen Conference, in Orlando, Florida. In addition, I am allowing myself editorial comment and interpretation of the remarks. The basic point Mr. Snell made is that regulation of CO2 by EPA would be very difficult under existing legislation. Legal challenges could be brought to every step of the process. My own guess is that new legislation will probably be authored to resolve some of the difficulties; the legislation will be more about feasibility and less about costs.
U. S.Carbon Dioxide Regulations
February 19, 2009
E.P.A. Expected to Regulate Carbon Dioxide | www.nytimes.com
The rules for cabon dioxide debate and discussion in the United States will begin this year. The big question is whether the U. S. Environmental Protection Agency (EPA) will move forward under the existing Clean Air Act regulations.
The Conservative Argument against Tax Cuts as an Anti-Recession Tool
February 19, 2009
Failure to Rise | www.nytimes.com
Krugman's article is valuable for getting the magnitudes right. But he doesn't point out why tax cuts will be saved. The argument that temporary tax cuts would be saved is a conservative argument, not a liberal one. It comes straight from the permanent income hypothesis championed by Milton Friedman in his "A Theory of the Consumption Function", (Princeton: Princeton University Press, 1957.) The same people who insist on tax cuts are also insisting that President Obama will raise your taxes, so the cuts have to be temporary! If this argument isn't true, then the people who are advocating it have to explain why the 1968 tax surcharge lowered the saving rate, which they never do. You can't have it both ways; this is the point that really needs to be brought out. A serious Republican argument would explain how tax cuts would increase house purchases and spending on consumer durables. We haven't gotten that argument yet.
February 19, 2009
Failure to Rise | www.nytimes.com
The editorial by Paul Krguman, Failure to Rise, seems to argue the fringe issues of the recent passed economic recovery bill signed by President Obama. While Paul focuses on politics and what his editorial opinion on what the bill will or will not accomplish, there is a lack of logical thought in his comments. The question should be – is this economic legislative a victory for the United States and its citizens?
February 17, 2009
Failure to Rise | www.nytimes.com
1. The Administration has not explained its goals. Is it to get stock prices to rise? Is it to increase housing prices? Stabilize them? Help subprime borrowers obtain credit? If goals aren't explained, the public cannot measure if the stimulus package makes any sense. 2. Leaders in the private sector continue to turn a deaf ear to main street. 401ks and investments were sold as solid strategies to give financial security. Suddenly, values have plummeted. Instead of showing leadership and inspiring confidence by demonstrating restraint, too many executives have used public money for bonuses, salary increases, and golden parachute payments. The publc feels ripped off and this is conntributing to the loss of confidence. 3. The article is important because it shows no one can understand what is happening. It appears to be "every man for himself."
JAL Rehabilitation Requires a Political Decision
October 28, 2009
Smarter Trash: How Incentive Programs Can Motivate Participation in Recycling
October 25, 2009
Government Run Health Insurance Fails
October 9, 2009
Governor Strickland Likely to Implement Slots Plan with Executive Order
September 21, 2009
Supreme Court Deals Serious Blow to Ohio Slots Plan
September 21, 2009