Irrational Exuberance
Whatsoever things are true...



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Thursday, September 19, 2002
 

I'm feeling guilty. I picked "Irrational Exuberance" for the name of this blog because 1) it has a clever ring to it and 2) I enjoy life despite the fact that there are enough things going wrong in the world to send any sane person off to a cave for the duration.  

Now I find that I'm number 5 on Google's list of responses for a search on "irrational exuberance." All those people are searching for Robert Shiller's book, or Alan Greenspan's quote, and what they get is this blog. They don't give a rat's butt for my prattling on, but a few follow the link and of course 99.9999% never return.  

And Susan Kitchens of 20/20 Hindsight mentioned it once in her disparagement of the recent unpleasantness in the financial arena.  

I could change the name again. Nah, screw it; I'll just live with the guilt.
4:57:45 PM      comment []


Joanne Jacobs reports that corporate philanthropists are rethinking their investments (scroll down to "School donors get cold feet") in the public school system since they've seen so few successes.

Arrrggghhhh...
11:08:39 AM      comment []


Dave Winer has some interesting things to say about getting your mind out of bed when you're sick.
10:53:31 AM      comment []


Lifeguard, a large regional health care provider, recently revealed that it is having severe financial problems. The California Department of Managed Health Care has appointed a conservator to oversee daily operations and decide whether the HMO has to be shut down.

But the problems of the highly regarded HMO are being mourned by analysts and state health care officials alike, who point to the case as a textbook example of how economic pressures are pinching California's already struggling health plans.

Fewer HMOs translates into fewer options for health care consumers. And the downward spiral of Lifeguard only exacerbates the Bay Area's dearth of not-for-profit insurers and fee-for-service health plans.

Just today a local doctor's group that serves 100,000 patients reports financial difficulty.

It's too bad that the war on terrorism and the administration's focus on invading Iraq are preempting a national debate on infrastructure issues like health care. Short of terrorists' use of a really nasty weapon of mass destruction, deteriorating health care is going to do damage to this country much wider and deeper than a terrorist could ever hope for. And we're doing it to ourselves through lack of action.

And don't get me started on education, dependence on fossil fuels ...
10:48:10 AM      comment []



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