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Mixed results on the Chrysler announcement

The President’s Chrysler announcement last Thursday produced mixed results. The agreement among Chrysler, Fiat, UAW, the Administration, and the large banks appears to increase the probability (from...

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Understanding the President’s CAFE announcement

(Editorial note: I was doing so well moving to shorter posts. I fail miserably in achieving that goal here. I went the comprehensive route instead. I promise to return to shorter posts in the future....

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Blog status report

KeithHennessey.com has now been live for eight weeks. I would like to thank you for reading and give you a status update. I am pleased with the traffic for this fledgling effort. I’ve had about 150K...

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Basic facts on the General Motors bankruptcy

In a few hours I will offer my thoughts and reactions to the General Motors bankruptcy filing and the President’s noon announcement. For now, here is what I have been able to figure out from the White...

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Understanding the GM bankruptcy

Many of you are new to this blog since I wrote extensively about autos six weeks ago. As background, I coordinated the auto loan process for President Bush last fall as the Director of the White House...

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Parsing the President’s health care reform letter

The White House has released a letter from the President to the two Senate Chairmen who are working on (different) versions of health care reform: Senator Kennedy (D-MA), Chairman of the Health,...

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Understanding the House Democrats' health care bill

Yesterday I posted and described the draft Kennedy-Dodd health care bill. Today I would like to do the same for an outline produced by House Democrats. Here is a three-page outline of “Key Features of...

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Ten more things about the official Kennedy-Dodd health care bill

The Senate HELP Committee staff has filed an official copy of their draft legislation with the Senate clerk. A friend and I were discussing today two possible tactical scenarios: The weekend leak...

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The belt-and-suspenders of the Kennedy-Dodd health care bill

There is much debate about whether a health care reform bill should include a government-run health insurance plan, a so-called “public option.” Advocates argue that such a plan can compete fairly with...

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How to measure health care cost control

I want to propose a four-part test for measuring any particular bill on health care cost control. short run long run Federal deficit 1 2 Government health care spending X 3 Private health care spending...

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