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   <title>ct&apos;s Blog</title>
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   <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/ct//2722</id>
   <updated>	2009-11-08T02:00:50Z	2009-11-08T01:50:54Z	2009-11-08T01:49:52Z	2009-11-08T01:42:45Z	2009-11-08T01:42:45Z	2009-11-08T01:37:10Z	2009-11-08T01:35:35Z			2009-11-08T01:18:05Z	2009-11-08T00:34:21Z	2009-11-08T00:33:41Z	2009-11-08T00:18:21Z	2009-11-08T00:16:35Z	2009-11-08T00:11:26Z	2009-11-08T00:03:54Z		2009-11-07T23:58:32Z	2009-11-07T23:56:05Z	2009-11-07T23:53:56Z	2009-11-07T22:54:57Z	2009-11-07T22:54:00Z	2009-11-07T22:22:59Z	2009-11-07T22:15:00Z	2009-11-07T22:10:23Z	2009-11-07T20:27:15Z	2009-11-07T19:54:39Z		2009-11-07T19:50:19Z</updated>
   
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/ct//2722.300782-comment:3662039</id>
		    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/ct/2009/11/ft-hood-vs-orlando-or-an-armed.php#c3662039" />
		
		    <title>ct Commented on Ft Hood vs Orlando, or, An Armed Society Is Dangerous by ct</title>
		        
			<published>2009-11-08T01:50:54Z</published>
			   <updated>2009-11-08T01:50:54Z</updated>
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		        <![CDATA[<p>I imagine it did indeed.</p>

<p>I recall some news that claimed (no idea if it is true) that some of the wounded at Ft Hood were victims of what is called "friendly fire", though.</p>]]>
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009://14.300009-comment:3661407</id>
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		    <title><![CDATA[ct Commented on Connected Cars: The &apos;Killer App&apos; For The Smart Grid--And The New Driver of Growth by Bernard Avishai]]></title>
		        
			<published>2009-11-07T08:55:13Z</published>
			   <updated>2009-11-07T08:55:13Z</updated>
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		        <![CDATA[<p>This thread is out of control at this point (and you might not see this reply), but, short version: there's some "excess" energy (negative-dollar-cost, will-be-wasted-if-not-taken) sometimes in some markets, and there's a lot of very-cheap energy at night in most markets.  A "guaranteed minimum load" would help a lot of utility-scale generation.</p>]]>
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/williamkwolfrum//11729.300347-comment:3660101</id>
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		    <title><![CDATA[ct Commented on I&apos;m a SciMoChristoSatanIslaJew and you must pay for my spiritual &amp; Religious health care by William K. Wolfrum]]></title>
		        
			<published>2009-11-06T09:58:07Z</published>
			   <updated>2009-11-06T09:58:07Z</updated>
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		        <![CDATA[<p>Ah, but the thing is, after this:<blockquote>For instance, if I come down with a cold, the sheer amount of prayers and rituals I have to go through is staggering. It's a non-stop day of rosary beads, praying to mecca, shedding Thetans, slaughtering goats, fasting and devouring live baby heads. And the tithing. Dear Lord, the tithing.</blockquote>... which takes about a week, your cold is gone, thus proving that being a SciMoChristoSatanIslaJew is the <i>correct</i> answer too!</p>

<p>(Ignore all those doctors over there telling us that, left untreated, a cold persists for about a week, but if properly attacked with expensive pharmaceuticals, it will clear up in about seven days!)</p>]]>
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009://14.300009-comment:3658636</id>
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		    <title><![CDATA[ct Commented on Connected Cars: The &apos;Killer App&apos; For The Smart Grid--And The New Driver of Growth by Bernard Avishai]]></title>
		        
			<published>2009-11-05T10:05:51Z</published>
			   <updated>2009-11-05T10:05:51Z</updated>
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		        <![CDATA[<p>One comment on the article itself (rather than the text here): you mention the homes-to-transformer ratio and give it as approximately 10:1.  This is true for much of Europe (which is a less-voracious consumer of electric power), but in the US, it's generally in the 3-to-5 range (somewhere between 3 and 5 homes per pole transformer).</p>

<p>Two other things remain to be seen: whether home charging will really become the norm, and what energy capacities will be found in the average electric-motor vehicle.  Perhaps, rather than charging the batteries at home, the industry may converge on a battery-swap-at-"gas-station" model.  This has some advantages (greatly reduced purchase price for a new vehicle, for instance) and some disadvantages.  Perhaps the biggest advantage is not technical but political: gas stations can get behind this model, as it means that consumers will continue to stop and drop into the convenience stores at which they—the gas stations—make all their money (by selling soda etc).</p>

<p>If battery-swap charge stations become the norm, the house-level distribution system needs no changes at all, and we might use distributed electricity generation to provide these "gas stations" with the needed megawatts.  (Personally, I prefer home charging, but the politics of the threat of the demise of the corner gas station must be considered.)</p>]]>
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009://14.300009-comment:3658632</id>
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		    <title><![CDATA[ct Commented on Connected Cars: The &apos;Killer App&apos; For The Smart Grid--And The New Driver of Growth by Bernard Avishai]]></title>
		        
			<published>2009-11-05T09:46:32Z</published>
			   <updated>2009-11-05T09:46:32Z</updated>
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		        <![CDATA[<p>If you think the government (actually governments, plural) was (were) not heavily involved in cell phones, you have not studied your history.</p>]]>
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009://14.300009-comment:3658629</id>
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		    <title><![CDATA[ct Commented on Connected Cars: The &apos;Killer App&apos; For The Smart Grid--And The New Driver of Growth by Bernard Avishai]]></title>
		        
			<published>2009-11-05T09:45:18Z</published>
			   <updated>2009-11-05T09:45:18Z</updated>
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		        <![CDATA[<blockquote>Looking ahead more, to pure EV's - not plug-in's - we face the problem that these vehicles have many many fewer parts. This may be great for the consumer, but cars that ditch ICE's and a whole world of mechanical complexity... well, tough to claim job gains here.</blockquote>Indeed, this is the paradox of productivity.  If one worker can produce 100 units of output where it used to take one worker per unit, 99% of the workers will lose their (current) jobs.  Ideally, the price of the outputs will also drop sharply, and the other 99% of workers will find other equally-good-or-better jobs while the 1% remaining get paid more, etc., but in practice, at least in the short term, what happens is that the one remaining guy is overworked and underpaid and all the increased profits go to the CEO (not even the shareholders, lately :-) ).]]>
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009://14.300009-comment:3658484</id>
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		    <title><![CDATA[ct Commented on Connected Cars: The &apos;Killer App&apos; For The Smart Grid--And The New Driver of Growth by Bernard Avishai]]></title>
		        
			<published>2009-11-05T03:25:55Z</published>
			   <updated>2009-11-05T03:25:55Z</updated>
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		        <![CDATA[<p>(You left out a "million" there.)</p>

<p>One can also see, via the LLNL "energy flow" diagrams (see, e.g., <a href="https://publicaffairs.llnl.gov/news/energy/content/energy/energy_archive/energy_flow_2008/LLNL_US_EFC_20081.png"><a href="https://publicaffairs.llnl.gov/news/energy/content/energy/energy_archive/energy_flow_2008/LLNL_US_EFC_20081.png">https://publicaffairs.llnl.gov/news/energy/content/energy/energy_archive/energy_flow_2008/LLNL_US_EFC_20081.png</a></a>) that "electricity generation" is a bigger energy sector in the US than "transportation" (and "transportation" includes <i>all</i> users, which means UPS and FedEx trucks, tractor-trailer trucks, buses, etc., not just consumer automobiles).</p>

<p>Moreover, the diagram makes it clear just how inefficient transportation is, as a user of energy: electricity generation takes in almost 40 quads of energy sources, and produces a bit under 13 quads of "useful" energy, for an efficiency of 31.7%.  Transportation takes in almost 28 quads but produces just under 7 quads, for an efficiency of 25%.</p>

<p>Electric-drive cars are in general much more source-to-motion efficient than gasoline-powered cars, when run in battery mode (and still slightly more efficient when run in liquid-fuel-engine + generator + electric-drive mode).  If we improve the efficiency of our electric generation (which is mostly a matter of ditching or repowering the 50-year-old coal plants that are at the end of their useful lives anyway), this only gets better.</p>

<p>(Incidentally, distributed electric generation, via the BCHP systems I mentioned above, runs in the 60 to 80 percent efficiency range, which means it more than doubles the useful energy output per input.)</p>]]>
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009://14.300009-comment:3658463</id>
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		    <title><![CDATA[ct Commented on Connected Cars: The &apos;Killer App&apos; For The Smart Grid--And The New Driver of Growth by Bernard Avishai]]></title>
		        
			<published>2009-11-05T02:50:44Z</published>
			   <updated>2009-11-05T02:50:44Z</updated>
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		        <![CDATA[<p>It's not exactly "left over energy", but the picture is quite complicated.</p>

<p>Virtually all generation today is done by rotating machinery.  (The one exception is solar PV, which is such a small amount of today's generation that it does not really matter.)  You spin a turbine by having water at a dam fall through it, or by burning coal to boil water to drive a steam turbine, or by burning natgas to drive a turbine (directly and/or via steam), or by getting a nuclear pile hot enough to, yep, boil water and drive a steam turbine.  Even concentrated solar power (CSP) plants generally boil a working fluid (such as Therminol) to drive a turbine.</p>

<p>The fancy new "integrated gasifier" (gasified-coal) plants work just like combined-cycle natural gas plants: you burn the gasified coal in a jet turbine, and then use the leftover heat to run a steam turbine, in what is called a "bottoming cycle".</p>

<p>The up-and-coming "building cooling, heating, and power" or "combined cooling, heating, and power" (BCHP, CCHP, or CHP) technology for distributed generation works by ... burning fuel in a turbine, which spins a generator, then using the leftover heat to run heating or air conditioning (you can use heat to run cooling systems; these generally use "double-effect desiccant" cooling—see <a href="http://www.daviddarling.info/encyclopedia/D/AE_desiccant_cooling.html">here</a> for an overview of desiccant cooling—to do the air conditioning).  There are CSP plants that use the solar heat to run a micro-jet-turbine, and use the leftover heat for making building hot water, heat, and air conditioning.</p>

<p>In all these cases, though, the electricity generation step is done by spinning machinery.</p>

<p>At night, when demand is low, you can shut down many plants entirely.  The ideal thing, from an energy efficiency point of view, is to shut down your least-efficient generators, and run your most-efficient ones to provide "base load".  You also need some degree of "spinning reserve" (at all times, not just nighttime) so that you can handle the increased load if, e.g., someone wakes at night to go to the bathroom and flips on the lights to see what they are doing.</p>

<p>Power plants, however, are not run based on <i>energy efficiency</i> but rather on "dollar efficiency as defined by profits".  In general, the most expensive generators are shut down.  Ideally these are also the least-efficient generators.  When incentives are perverted ("Enron-ed"), however, only the <i>most</i> expensive (generally the least-efficient) generators are used.  So it's partly economic, partly political, etc., as to what actually happens.</p>

<p>As for those nuke plants ... well, with <i>all</i> thermal generation systems, there's a sort of "thermal inertia" effect, in which it not only takes time to heat up and cool down a power plant, it's also desirable to do it even more slowly to avoid thermal stresses on the pipes and machinery.  So coal and nuke plants, which tend to have the biggest-and-slowest of these load-following characteristics, are ramped up and down slowly.  The effect on nuke plants is so great that in some cases, nuke plants will actually <i>pay customers to take electricity</i> rather than try to ramp down the pile.  There's also a minimum "pile burn rate" due to self-decay within the fuel (whether it's stored in rods, or "pebble beds", or whatever, it still has a self-decay heat emission rate).</p>

<p>In all cases, all plants have an efficiency range that depends on utilization level.  In general, plants are most efficient when they are generating electricity at their maximum capacity.  So your combined-cycle gas turbine, with a theoretical best efficiency of about 55%, will actually achieve 45 to 50 percent efficiency when it is running flat out.  The more your ramp it down, the worse it gets.  There's a rule of thumb (with some violations) that the faster a system can respond to load changes, the less efficient it is, too.  Simple-cycle gas turbines are better at load-following than combined-cycle, for instance.  (The big exception to this is hydroelectric, which is both near-instantaneous and enormously efficient.)</p>]]>
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		    <title><![CDATA[ct Commented on Connected Cars: The &apos;Killer App&apos; For The Smart Grid--And The New Driver of Growth by Bernard Avishai]]></title>
		        
			<published>2009-11-05T02:30:06Z</published>
			   <updated>2009-11-05T02:30:06Z</updated>
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		        <![CDATA[<p>Gah, my second "blockquote" there screwed up.  If only I'd used "preview" first.  Ah well, you can figure it out. :-)</p>]]>
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009://14.300009-comment:3658449</id>
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		    <title><![CDATA[ct Commented on Connected Cars: The &apos;Killer App&apos; For The Smart Grid--And The New Driver of Growth by Bernard Avishai]]></title>
		        
			<published>2009-11-05T02:26:20Z</published>
			   <updated>2009-11-05T02:26:20Z</updated>
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		        <![CDATA[<p>Even better, with "smart" grids, we can have <i>supply-following load</i> (instead of what we have today, "load-following supply", in which electricity generators are turned up when consumers turn on their appliances and lights).  In other words, for large-scale wind generation, when the wind blows and the turbines spin (at night), we can signal all those electric cars that now is the time to draw the needed juice.</p>]]>
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009://14.300009-comment:3658445</id>
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		    <title><![CDATA[ct Commented on Connected Cars: The &apos;Killer App&apos; For The Smart Grid--And The New Driver of Growth by Bernard Avishai]]></title>
		        
			<published>2009-11-05T02:22:43Z</published>
			   <updated>2009-11-05T02:22:43Z</updated>
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		        <![CDATA[<blockquote>The critical component of lithium ion batteries is the lithium. Lithium reserves are concentrated in Bolivia, Chile, and China.</blockquote>Well, more precisely, lithium deposits are easy to mine from dry lake beds in deserts.

<p>Nevada is loaded with dry lake beds, and there's a huge lithium deposit in northern NV near the OR border.</p>

<p>The dry lake bed in Bolivia is even bigger, but the point is, lithium is common and cheap to mine: there is plenty of it.  It's the third most common element in the universe, in fact, behind hydrogen and helium; and unlike H and He, it does not escape via the atmosphere.</p>

<p>Rare earths are critical for the manufacture of high-efficiency, lightweight electric motors. At present, China is virtually a sole source for some of these, although mines are opening up in Australia."Rare earths" are not really all that rare either, but they are considerably more expensive and difficult to mine (in general) than lithium (since they're not just sitting there in the dry lake beds).</p>

<p>There are good rare earth deposits in equatorial Africa, which is probably a good thing for Africa since they are so poor otherwise, but (as with oil) it will be important to avoid government corruption.  There are probably lots of rare earths mine-able in the US and Canada as well; it's really a question of price rather than availability.</p>]]>
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		    <title><![CDATA[ct Commented on Connected Cars: The &apos;Killer App&apos; For The Smart Grid--And The New Driver of Growth by Bernard Avishai]]></title>
		        
			<published>2009-11-04T12:42:40Z</published>
			   <updated>2009-11-04T12:42:40Z</updated>
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		        <![CDATA[<p>Heck, I'm considering a Fisker Karma.  (I'd rather have a Tesla Model S, but that requires waiting until 2012.  The Karma is much better looking, but the price premium for style is steep, and I actually prefer the all-electric design.)</p>

<p>Then again, I'm ... atypical. :-)  I like to zig when others zag.  I did a lot of "consumer"-type spending this year, and I was saving like crazy in the 1990s when the American savings rate was aiming for zero-or-under.</p>]]>
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	<title>ct recommended What Happened Tonight by Jon Taplin</title>
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   <id>tag:tpmcafe.talkingpointsmemo.com,2009://14.299964</id>
  <published>2009-11-04T04:01:19Z</published>
   <updated>2009-11-04T04:35:18Z</updated>
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/robert_reich//4885.299392-comment:3655025</id>
		    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/robert_reich/2009/11/health-care-reform-is-critical.php#c3655025" />
		
		    <title>ct Commented on Health Care Reform is Critically Important, But Getting Americans Back to Work is More So by Robert Reich</title>
		        
			<published>2009-11-02T06:03:05Z</published>
			   <updated>2009-11-02T06:03:05Z</updated>
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		        <![CDATA[<p>If health care reform is structured correctly (and there's no guarantee that it will be), it will help create jobs.</p>

<p>"Everyone knows" that small businesses create most of the jobs in the US.  The Republicans trumpet it all the time (in the guise of the claim that tax increases on "the rich" will hit small businesses, which is silly since businesses that would otherwise be hit can simply restructure for IRS purposes).  Despite this Republican claim, it's actually even <i>true</i>.  But small businesses are hamstrung today by health-care costs.  Fixing this could really improve the small-business climate, and with it, the jobs situation.</p>]]>
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            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/donal_fagan//398.299346-comment:3654807</id>
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		    <title><![CDATA[ct Commented on The Farmer&apos;s Dilemma by Donal]]></title>
		        
			<published>2009-11-01T23:50:06Z</published>
			   <updated>2009-11-01T23:50:06Z</updated>
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		        <![CDATA[<p>Blood type is a really poor marker for dietary requirements.  If you did a thorough genetic analysis, you could probably find some good markers, but "blood type" is just laughable.</p>]]>
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		    <title><![CDATA[ct Commented on The Farmer&apos;s Dilemma by Donal]]></title>
		        
			<published>2009-11-01T23:46:19Z</published>
			   <updated>2009-11-01T23:46:19Z</updated>
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		        <![CDATA[<p>Grass-fed dairy cows have higher levels of ALA (alpha lipoic acid) in their milk than non-grass-fed.  (The milk and butter also taste better, in my opinion.)  It stands to reason, although I don't know if there are statistics to support this, that grass-fed beef meat is probably better for you.  I do know that (again in my opinion) it tastes better.  It's kind of funny that some places advertise "corn-fed beef"....</p>]]>
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		    <title><![CDATA[ct Commented on The Farmer&apos;s Dilemma by Donal]]></title>
		        
			<published>2009-11-01T23:41:22Z</published>
			   <updated>2009-11-01T23:41:22Z</updated>
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		        <![CDATA[<p>He probably just has good genetics.</p>

<p>Genetics determines your range of possibilities.  Diet, exercise, etc., determine where you live within that range.</p>

<p>The lucky few will live long and healthy lives no matter what they do (though longer and healthier if they eat right and exercise); the unlucky few will live short, unhealthy lives no matter what they do (but shorter and even-less-healthy if they eat badly and fail to exercise).  Most, however, fall in that vast middle, where eating right and exercising will make all the difference.</p>]]>
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			<entry>
            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/merrill//1857.298978-comment:3652731</id>
		    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/merrill/2009/10/the-recession-is-not-over-not.php#c3652731" />
		
		    <title>ct Commented on The recession is not over; not even close to over by Merrill</title>
		        
			<published>2009-10-30T11:51:10Z</published>
			   <updated>2009-10-30T11:51:10Z</updated>
		    <content type="html" xml:lang="en-us" xml:base="">
		        <![CDATA[<p>We just got <i>rid</i> of a W. :-)</p>]]>
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			<entry>
            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/cville_dem//870.299041-comment:3652728</id>
		    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/cville_dem/2009/10/my-recent-bill-for-lab-work.php#c3652728" />
		
		    <title>ct Commented on My Recent Bill for Lab Work by CVille Dem</title>
		        
			<published>2009-10-30T11:47:07Z</published>
			   <updated>2009-10-30T11:47:07Z</updated>
		    <content type="html" xml:lang="en-us" xml:base="">
		        <![CDATA[<blockquote>Why is the original fee so outrageously out of proportion to what they got paid, which is a grand total of $35.59?!  Do people without insurance pay the total?  Does anyone?</blockquote>In order: because not everyone pays the same amount, and the "list price" is the highest amount they will collect (from those least able to negotiate) which subsidizes the lower takes.  Yes, generally.  Yes.

<blockquote>In my job I personally run TSH's, and it costs (just for supplies) around $10 to run.  That is before considering drawing the blood, and the human work involved, not including disposal of waste, etc.</blockquote>The draw is not included in the lab fee, since the draw happens outside the lab.  The rest is of course real actual lab expenses.

<p>If everyone were insured and there were competition in insurers, the "negotiated price" would be higher, your portion would be about the same, and nobody would pay the ridiculous list price (so that the list price could be the more reasonable "negotiated price" in the first place).</p>]]>
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			<entry>
            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/lostboy//10999.299011-comment:3652726</id>
		    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/lostboy/2009/10/the-economy-is-getting-better.php#c3652726" />
		
		    <title>ct Commented on The economy is getting better.. by redneck</title>
		        
			<published>2009-10-30T11:40:54Z</published>
			   <updated>2009-10-30T11:40:54Z</updated>
		    <content type="html" xml:lang="en-us" xml:base="">
		        <![CDATA[<p>"Recession" is defined by GDP, which is not directly connected to what individuals actually earn, or who/howmany have jobs.</p>

<p>So, the recession <i>is</i> over, but that does not mean things are better.</p>

<p>In this particular case, it means things are no longer getting worse.  If we can all hold out another year or so, they should be getting noticeably better by then.  They should be "not that bad anymore" (noticeably better than now is still bad) by some time in 2011.</p>]]>
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			<entry>
            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/cmaukonen//5316.298871-comment:3652722</id>
		    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/cmaukonen/2009/10/us-economy-is-growing.php#c3652722" />
		
		    <title>ct Commented on US economy is growing ? by cmaukonen</title>
		        
			<published>2009-10-30T11:33:58Z</published>
			   <updated>2009-10-30T11:33:58Z</updated>
		    <content type="html" xml:lang="en-us" xml:base="">
		        <![CDATA[<p>There are a number of points to keep in mind when looking at these statistics.  The biggest is that "recession" is defined in terms of GDP, and GDP is defined in terms of economic output, which is measured in dollars, not in jobs.  When "productivity" goes up, GDP goes up even if the number of people (and/or person-hours, when measuring the workweek) stays the same (or even decreases).</p>

<p>To give an unrealistic, but illustrative, example, imagine that all but one person (the System Operator) is replaced with a Magical Computerized Nanotech System that can produce, robotically, all the goods and (via building robots) services that the entire economy uses.  The one remaining employed person's productivity goes so high so fast, it shoots way past the moon ... but now <i>everyone in the country</i> (save one) is unemployed.  Meanwhile GDP stays the same or increases.</p>

<p>(This is unrealistic for many reasons, the most obvious being that that one person would still earn minimum wage while all the profit from the mega-merged GeneralElectricBankAmericaGoldmanChase-etc-etc-etc would go to the CEO ... who would then be unable to comprehend why nobody has any money and is thus unable to buy any of his company's products.  He'd call for a gigantic bailout....)</p>]]>
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	<entry>
		
	<title>ct recommended Economy Grew 3.2%: Fastest Pace in 2 Years by coonsey</title>
    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/coonsey/2009/10/economy-grew-32-fastest-pace-i.php" />
   <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/coonsey//1805.297977</id>
  <published>2009-10-25T16:17:35Z</published>
   <updated>2009-10-25T16:18:59Z</updated>
	</entry>
	




	
        
			<entry>
            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/coonsey//1805.297977-comment:3646802</id>
		    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/coonsey/2009/10/economy-grew-32-fastest-pace-i.php#c3646802" />
		
		    <title>ct Commented on Economy Grew 3.2%: Fastest Pace in 2 Years by coonsey</title>
		        
			<published>2009-10-25T19:48:32Z</published>
			   <updated>2009-10-25T19:48:32Z</updated>
		    <content type="html" xml:lang="en-us" xml:base="">
		        <![CDATA[<p>I'll add that "productivity growth" can result in increasing GDP (even rapidly increasing) without increasing employment.  To take the example to silly extremes, imagine someone invents a computerized system (with nano-tech Everything Assembler attached, so that it can build "real-world" products, factories, etc) that makes it possible for a single person to solve every single problem ever, just by pressing the right button.  Employment plummets to one: the computer operator.  Productivity shoots to the sky, GDP goes up infinitely, etc., and yet everyone (except that one person) is now unemployed.</p>

<p>In practice, of course, this does not actually happen ... and even if it did, we could adapt by setting the "normal work week" to "one second per lifetime", where you earn your life by pressing the right button, once, on the Magical Computerized System. :-)  So "productivity" is something we can adapt to.  (We're not actually doing it now, but we could.)</p>

<p>American productivity rates are very high compared to the rest of the world, which is one reason why we have such a small manufacturing sector (compared to the rest of the world) yet produce so many manufactured goods (compared to the rest of the world: the rest of the world does produce more, but using way more workers).  The high productivity rate really means we should probably have a shorter "standard" workweek (than the 40 hour one we finally got thanks to unions almost a century ago now), but that's another battle entirely....</p>]]>
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	<entry>
		
	<title>ct recommended Anger and Rage by exjournalist</title>
    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/exjournalist/2009/10/anger-and-rage.php" />
   <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/exjournalist//1650.297973</id>
  <published>2009-10-25T11:11:09Z</published>
   <updated>2009-10-25T12:08:56Z</updated>
	</entry>
	




	
        
			<entry>
            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/coonsey//1805.297977-comment:3646753</id>
		    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/coonsey/2009/10/economy-grew-32-fastest-pace-i.php#c3646753" />
		
		    <title>ct Commented on Economy Grew 3.2%: Fastest Pace in 2 Years by coonsey</title>
		        
			<published>2009-10-25T18:19:03Z</published>
			   <updated>2009-10-25T18:19:03Z</updated>
		    <content type="html" xml:lang="en-us" xml:base="">
		        <![CDATA[<blockquote>If the economy is GROWING so will employment very soon.</blockquote>Would that it were so....

<p>In this particular case, we <i>will</i> see significant/"obvious" employment growth (and unemployment reduction) eventually, probably in 2011.  But GDP can grow while employment stays steady or shrinks, and GDP <i>must</i> grow at a pace that meets the population growth rate just to keep living standards steady.  (That's a bit under 1% these days.)</p>

<p>If we can keep up the current GDP growth rate, we should see improvement even sooner than 2011, but I don't expect that we will keep it going at 3.2%+ for the next year.</p>]]>
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			<entry>
            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/robert_reich//4885.297980-comment:3646728</id>
		    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/robert_reich/2009/10/too-big-to-fail-why-the-big-ba.php#c3646728" />
		
		    <title><![CDATA[ct Commented on Too Big to Fail: Why The Big Banks Should Be Broken Up, But Why The White House and Congress Don&apos;t Want To by Robert Reich]]></title>
		        
			<published>2009-10-25T17:50:24Z</published>
			   <updated>2009-10-25T17:50:24Z</updated>
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		        <![CDATA[<p>Was this:<blockquote>bend over <b>bank</b>wards</blockquote>(emphasis mine) a deliberate turn of phrase, or a typo like the one misspelling of "Steagall"?  Nonetheless, I like it.  Bending over bankwards for the banksters... :-)</p>]]>
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	<entry>
		
	<title><![CDATA[ct recommended Too Big to Fail: Why The Big Banks Should Be Broken Up, But Why The White House and Congress Don&apos;t Want To by Robert Reich]]></title>
    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/robert_reich/2009/10/too-big-to-fail-why-the-big-ba.php" />
   <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/robert_reich//4885.297980</id>
  <published>2009-10-25T14:33:00Z</published>
   <updated>2009-10-25T16:30:02Z</updated>
	</entry>
	



	
	<entry>
		
	<title>ct recommended Top Wall Street Talent Available! by Red Planet</title>
    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/red_planet/2009/10/top-wall-street-talent-availab.php" />
   <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/red_planet//254.297812</id>
  <published>2009-10-23T15:33:45Z</published>
   <updated>2009-10-23T15:37:52Z</updated>
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			<entry>
            <id>tag:tpmcafe.talkingpointsmemo.com,2009:/talk/blogs/robbylove//2196.297906-comment:3645449</id>
		    <link rel="alternate" type="text/html" href="http://tpmcafe.talkingpointsmemo.com/talk/blogs/robbylove/2009/10/krauthammer-making-sense.php#c3645449" />
		
		    <title>ct Commented on Krauthammer Making Sense? by RobbyLove</title>
		        
			<published>2009-10-24T00:31:00Z</published>
			   <updated>2009-10-24T00:31:00Z</updated>
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		        <![CDATA[<p>I realize he's less-often right than even a stopped clock, but, everyone has to be right sometimes, even if only by accident. :-)</p>]]>
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