Couple of goodies from Billmon these past few days. He's a solid essayest:
One on the Mid-East Meltdown, and another on the unprofitability of our broke-ass health care system. Analysis is good, the writing is tight, and the wit is sharp:
...the health care crisis is now hitting the health care industry where it hurts most -- straight in the wallet. Whether that will will be enough to prod our GOP-run Chamber of People's Deputies into actually doing something about the problem isn't clear, but I think it at least raises the odds. After all, we're not just talking about the sickness and suffering of ordinary human beings. There are large corporations out there in real pain. Something has to be done.
Very readible stuff.