Word: baker
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...president of Harvard Pilgrim Health Care, Charles Baker, voiced concerns about such disparities in insurance compensation...
...same service delivered the same way with the same outcome can vary in cost from one provider to the next by as much as 300 percent,” Baker said in a statement to the Globe. “There is no other sector of the economy anywhere in this country in which that kind of price variability with no appreciable difference in service or product quality can sustain itself...
...clear the program would do anything to boost the economy. Yes, consumer spending is dropping, but some economists think that is a function of confidence, not credit. "Paulson seems to be working under the impression that when it comes to consumer spending liquidity is the issue," says Dean Baker, who co-founded the Center for Economic Policy Research. "People aren't buying because they just lost a lot of money and might be about to lose their job." Lastly, it is not even clear the program is needed. Yes, banks and other lenders do appear to be stuck with loans...
...what the rationale for this new program is," says Baker. "If it was a bad idea for the mortgage market, then it's a bad idea in the credit card market...
...some housing-market economists question the wisdom of the idea. They say helping people who may buy houses in the future is not how the government should be providing assistance. "I can't imagine why you would want to do this," says Dean Baker, co-founder of the Center for Economic and Policy Research, a Washington think tank. "What you should be doing is helping homeowners who are already over their head." (Read "Four Steps to Ending the Foreclosure Crisis...