Submitted by CARPE DIEM
“The medical establishment is opposed to drop-in clinics in Wal-Marts and other retail stores. But self-interested doctors need to get over their archaic ways of doing business,” says Dr. Rahul K. Parikh, a member of the American Academy of Family Practice, and the American Academy of Pediatrics, writing in Salon.com:
The medical community […]

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Submitted by CARPE DIEM
 
Fifty years ago, Detroit was the fourth largest city in the United States, with a population of 1.7 million people, and at $8,500 per year, one of the richest cities in terms of per capita income. It was 3.5 times the size of Indianapolis, the 26th largest city, whose income was almost […]

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Submitted by CARPE DIEM
 
NEW YORK (CNNMoney.com) — Personal computer and printer maker Hewlett-Packard reported strong gains in sales and earnings for its fiscal first quarter Tuesday, a sign that the tech giant is gaining market share against key rivals and that its cost cutting is paying dividends. Shares of HP surged nearly 6% in after […]

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Submitted by CARPE DIEM

Three Carpe Diem charts from this post were featured on CNBC’s “Kudlow and Company” tonight as part of the segment “Kudlow 101: An Outlook on Commercial, Consumer, Industrial and Real Estate Loans.” Here is the link.
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Submitted by CARPE DIEM
SAN FRANCISCO — Bill Gates Sr. — father of the co-founder of Microsoft who is the USA’s richest man — is fighting to keep Bush from killing the estate tax that hits the super-rich but also some small-business owners and farmers. His son agrees with him, as do billionaires Warren Buffett, David […]

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Submitted by Econbrowser
From FT yesterday:

Crisis cushioned
By Daniel Dombey
Published: February 19 2008 02:00 | Last updated: February 19 2008 02:00
George W. Bush yesterday suggested that the war in Iraq could help the US economy, arguing that war spending had contributed to demand and cushioned the blow of the subprime mortgage crisis, writes Daniel Dombey in Washington […]

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Submitted by A Dash of Insight
On RealMoney last Friday we made an observation that we did not see suggested anywhere else — rather rare in the days of the blogosphere.  (Readers are invited to send the many pointers showing us to be wrong and lax in our reading!)  Here was the comment:
On Wednesday we will […]

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