The conspiracy to force Dutch ideas on America gains strength

I’ve written in the pages of Time that this country should think about emulating the excellent Dutch pension system. Now Gautam Naik reports in the W$J that we might want to take a close look at the how the country does health care as well: Since a new system took effect here last year, cost [...]

Chrysler’s intriguing new hire: Jim Press

Who cares about that Nardelli guy? This strikes me as a far more interesting hire by Chrysler/Cerberus: James Press, the former head of Toyota’s North American operations, has been hired by Chrysler. He will share the titles of vice chairman and president with former Chrysler chief executive Tom LaSorda. “Tom LaSorda and I are thrilled [...]

What Chris Dodd and Barney Frank want to do about mortgage lending

From an article in this morning’s NYT about proposed legislation on the way from the chairmen of the House and Senate banking committees: The Democratic proposals would attack several practices that advocacy groups for low-income homeowners have singled out. The first is prepayment penalties, which are rare for borrowers with good credit but common among [...]