1. Intrade contracts for Obama to be re-elected next year are now trading at 56%, the lowest re-election odds since early January 2011 (see chart above). (HT: Steve Bartin)
2. Made in China: The new San Francisco-Oakland Bay bridge.
5. The U.S. military spends $20 billion annually on air conditioning in Iraq and Afghanistan.
6. The Great Corn Con: "In its myriad corn-related interventions, Washington has managed simultaneously to help drive up food prices and add tens of billions of dollars to the deficit, while arguably increasing energy use and harming the environment." I think author Steven Rattner is agreeing with RollingStone Magazine that "Ethanol is not just hype -- it's dangerous, delusional bullshit."
2. Made in China: The new San Francisco-Oakland Bay bridge.
3. Children with Medicaid are far more likely than those with private insurance to be turned away by medical specialists or be made to wait more than a month for an appointment, even for serious medical problems. Reason? Lower payments by Medicaid, delays in paying, and red tape.
4. Increased worldwide demand is fueling a Kentucky bourbon boom, thanks in part to a growing middle class in emerging markets. (What would Ian Fletcher, author of "Free Trade Doesn't Work" say?)
6. The Great Corn Con: "In its myriad corn-related interventions, Washington has managed simultaneously to help drive up food prices and add tens of billions of dollars to the deficit, while arguably increasing energy use and harming the environment." I think author Steven Rattner is agreeing with RollingStone Magazine that "Ethanol is not just hype -- it's dangerous, delusional bullshit."
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