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...sound more like Santa and less like the Grinch. Cutting costs ultimately means cutting payments to drugmakers, hospitals, doctors, insurers and other influential health lobbies, so it's understandable that he hasn't dwelled on it. Providers like the Mayo Clinic have demonstrated the promise of high-quality, low-cost care, and mounds of research as well as books like Shannon Brownlee's Overtreated have documented Orszag's less-would-be-better thesis. But to laymen it can still sound like typically empty government promises to weed out waste, fraud and abuse. And the most prominent town-hall angle...
...represents a petty politician looking for petty support from the American right, whose heydays are far behind us. Settlement activity is criminal in nature. In being the icing on the cake in the eyes of the fanatics in the Israeli settlement movement, he is an example of how low a politician will go to get an audience...
Also, many private players plan to take advantage of federal financing programs, such as TALF (Term Asset-Backed Securities Loan Facility) and PPIP (Public-Private Investment Program), which will give them low-cost financing when acquiring troubled assets, making their potential returns even frothier. (See the top 10 financial-crisis buzzwords...
Other methods include spraying seawater mist from ships toward low-lying clouds, which would then reflect more sunlight. Another more extreme but oft-discussed option would involve putting mirrors into the earth's orbit. If those ideas have the disadvantage of sounding convoluted, they have the real advantage of being cheap - at least in relative terms. According to the new paper by Lane and J. Eric Bickel of the University of Texas, the seawater-mist method could counteract a century's worth of warming for $9 billion. Compare that to the political complexity and the economic unknowns associated with...
...earth and the amount that is retained by the atmosphere, as opposed to being radiated or reflected back into space. In this sense, the greenhouse effect is not all bad. Without a little bit of it, the earth would be a cold, dead place, with an average temperature as low as -0.4°F. Unfortunately, by adding CO2 and other greenhouse gases to the atmosphere, we have, in a sense, thrown another quilt on the planet when we were perfectly comfortable to begin with. (Watch TIME's video "The Truth About Solar Power...