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    • Rationality Is A Process, Not A Conclusion (Nuclear Weapons Edition)
      A lot of mistakes come from assuming rationality means “thinks the same way I do” rather than “reasons from premises I might not share.” Left than 1/1000 economists predicted the financial collapse, because they reasoned from assumptions like “the market is self-correcting” or “housing prices never go down.” (Sometimes both at the same time, which is rarely […]
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Moving toward a “public plan” inch by painful inch and we STILL don’t know what we’ll have when it’s done!

[UPDATE: Reid to Republicans: Nevermind]

My head is reeling  – DID Obama slap-down Rahm Emanuel? — I don’t think so:

“I am pleased by the progress we’re making on health care reform and still believe, as I’ve said before, that one of the best ways to bring down costs, provide more choices, and assure quality is a public option that will force the insurance companies to compete and keep them honest,” read the statement. “I look forward to a final product that achieves these very important goals.”

The vague reassurance came hours after Obama’s own chief of staff, Rahm Emanuel suggested that the White House would be comfortable with legislation that had a public plan “triggered” in only by worsening economic conditions.

Vague assurances make a tasty headline but, I have to agree with Crooks and Liars commenter all hail the hypno toad: Continue reading