Reuters:

[Carin] Froehlich is among the growing number of people across America fighting for the right to dry their laundry outside against a rising tide of housing associations who oppose the practice despite its energy-saving green appeal.

Although there are no formal laws in this southeast Pennsylvania town against drying laundry outside, a town official called Froehlich to ask her to stop drying clothes in the sun. And she received two anonymous notes from neighbors saying they did not want to see her underwear flapping about.

"They said it made the place look like trailer trash," she said, in her yard across the street from a row of neat, suburban houses. "They said they didn't want to look at my 'unmentionables.'"

That's the sting in the tail of this Golden Sacks report quoted at HuffPo. To GS, though status quo is best* (bien sur), the Senate Finance Bill is the "base" scenario, a watered down version of it the "bull" scenario_{MR SUBLIMINAL No shit} and the HR 3962 is the "bear" scenario. But remember the baseline on financial reform? That if the banksters aren't threatening to commit suicide, the reforms are too weak? Same here. If GS isn't saying the bills are the end of the world, they're too weak.)

A Goldman Sachs analysis of health care legislation has concluded that, as far as the bottom line for insurance companies is concerned, the best thing to do is nothing. A close second would be passing a watered-down version of the Senate Finance Committee's bill.

Haw.

A study put together by Goldman in mid-October looks at the estimated stock performance of the private insurance industry under four variations of reform legislation. The study focused on the five biggest insurers whose shares are traded on Wall Street: Aetna, UnitedHealth, WellPoint, CIGNA and Humana.

The Senate Finance Committee bill, which Goldman's analysts conclude is the version most likely to survive the legislative process, is described as the "base" scenario. Under that legislation (which did not include a public plan) the earnings per share for the top five insurers would grow an estimated five percent from 2010 through 2019. And yet, the "variance with current valuation" -- essentially, what the value of the stock is on the market -- is projected to drop four percent.

Things are much worse [that is, better for people who need health care], Goldman estimates, for legislation that resembles what was considered and (to a certain extent) passed by the House of Representatives. This is, the firm deems, the "bear case" scenario -- in which earnings per share for the top five insurers would decline an estimated one percent from 2010 through 2019 and the variance with current valuation is projected to be negative 36 percent.

What the firm sees as the best path forward for the private insurance industry's bottom line is, to be blunt, inaction.

The study's authors advise that if no reform is passed, earnings per share would grow an estimated ten percent from 2010 through 2019, and the value of the stock would rise an estimated 59 percent during that time period.

And now, here's the sting:

Via Naked Capitalism:

Masthead

The Corrente Review Of Games is published on the first Saturday of the month.
Posting is done in rotation by the following contributors:

Aeryl,
BDBlue and
danps.

Please contact any of us with submission ideas or feedback.

So it's true: I'm a troll. The worst kind, too: condescending, pedantic, annoying, concerned. I guess we all have our failings, and these are mine. But so long as I'm going to be a purist, I have to rant like one. I like eating and I bet most people do too, that's my "motivation" here.

Hoss asks why urban (commercial) [not/for profit] {large scale/vertical} non-residential gardening is worthwhile. I was a good grrl, I didn't lose my cookies, immediately. But it's Saturday and I'm relaxed and silly, so this comment made me have a Sad:

nycweboy, who I obviously should read more often, has a post that captures the zeitgeist perfectly:

Off year election season is just kind of weird; in the "24 hour news" age, there's a whole political evaluation machine sitting around, little to do... and there's always a "trend report" needed for the next year.

And of course, there's the off chance that something real is actually happening.

[I]t seems clear that the real hurdle for candidates right now is incumbency. Voters are mad, they're especially mad about the economy, and they'd love to take it out on the nearest politician. ...

I think the left would do well to pay more attention and be less cheerfully dismissive of what's happening - the anger that [upstate NY Republican DCOW] Doug Hoffman and his supporters are counting on to drag him into a weak three way plurality is clearly real, and it can work. ...

And it would matter more, really, if there was more to it than simply frustration; nothing about Hoffman, or other current right darlings, including McDonnell, suggests that Republicans, or conservatives have really solved the fundamental problem of a dearth of good, new ideas to offer as alternatives to our current problems. ...

[Welcome, OL readers. Since I've been banned from OL, I won't be able to keep posting links to single payer activism like this. Please feel free to stop by here. -- lambert]

Clever media strategy from Mobilization for Health Care For All, going for local coverage. That circumvents the "progressive" media blackout, as well as the blackouts by the administration, the FKDP, and our famously free press. Links:

Nice list of links:

Press Coverage from 10/28:
San Francisco Chronicle:
http://www.sfgate.com/cgi-bin/blogs/chro...

South Florida Sun-Sentinel

You won't be surprised to learn of even more change you can't believe in.

Meet the newest addition to the Commodity Futures Trading Commission. If you've been reading Mother Jones recently, then you already know quite a bit about Scott O'Malia. Like the fact that he once worked as a top in-house lobbyist for an energy company, Mirant, that manipulated California's market Enron-style. Or that, while on this company's payroll, he lobbied against a bill to expand the CFTC's authority to police derivatives. Or that the Senate Agriculture Committee, which reviewed his nomination, declined to ask him any specific questions about his pro-deregulation lobbying on not one but two occasions.

Bill McKibben:

Word in the halls of the UN this week was that President Obama's speech on Tuesday—the first to the world body by this most admired of world leaders—was a dud, a towering disappointment. Coming at the beginning of what the UN has dubbed "climate week," the speech marked the beginning of a three-month push towards the global climate conference at Copenhagen. Obama used it mostly to downplay expectations. And it's those downplayed expectations that may prove to be tragically self-fulfilling.

Reasonable men adapt themselves to their environment; unreasonable men try to adapt their environment to themselves. Thus all progress is the result of the efforts of unreasonable men.
- George Bernard Shaw

Trolling through some recent history I found this from hipparchia from back in March. Jason Rosenbaum:

The argument that single-payer health care would be more efficient is a straw man. Both health care reform plans would increase efficiencies and save a great deal of money. But only one can get 60 votes in the Senate.

The HCAN strategy all along has been to calculate based on some unknown formula what is politically feasible at the moment (curiously, without seeming to take into account the effect that energetic activism can have on feasibility) and direct all its energy towards that goal. It's a reasonable and legitimate plan, I wish them success on it, and for reform advocates generally (including single payer) their success is all our success. I still don't like it, though.

First, it's asymmetrical. Do you think AHIP is so finely calibrating its strategy? Hell no. They're trying to burn the motherfucker clear to the ground. We need to be the equal and opposite reaction by repeatedly and loudly demanding our entire wish list. Second, it's not our job to think about, or even care, if the perfect is being the enemy of the good. That's for politicians to consider, not activists. Our job is to ceaseless agitate for the best policy. Our elected representatives can worry about the perfect, the good, the realistic and the rest of the sausage-making process.