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Collin Winter
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Collin Winter

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"It’s becoming a common theme of the more intelligent end of criticism of the Eurogroup to identify the 2010 bailout as the real error...[I]n my view the conclusion is wrong and the 2010 bailout was not a mistake. It’s worth relitigating in detail though, because in going through the choices made in 2010 we can learn a lot about how bailouts in general operate, and how the development of the programs since 2010 could end up generating serious errors going forward."
It’s becoming a common theme of the more intelligent end of criticism of the Eurogroup to identify the 2010 bailout as t…
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It seems to be this: "a write-off of all Greek government debt would have been a deep flesh wound for the German and French banks (around 6-7% of total capital), but a complete wipe-out for the Greek banks (just under 100% of capital and reserves)."

That is, the creditors and the debtors overlap.
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Collin Winter

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#TIL  that Nine Inch Nails' "Closer" is a strip-club staple.
Susan Elizabeth Shepard on how the Magic Mike XXL soundtrack engages with stripping's musical history.
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The story of two unusual rules in baseball's early days: "[Ward] hit a hard grounder right into short-stop’s hands, which he saw as soon as he hit it would result in a double play if he ran. He accordingly stood stock still purposely."
an adventure in rules archaeology
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"Pro: Eliminates uncomfortable feeling of having to say aloud what you think of African Americans."
A South Carolina bill to remove the Confederate flag from its position in front of the state house is gaining momentum, with the House of Representatives currently reviewing the bill and preparing to vote. Here are the pros and cons of flying the Confederate flag
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Today, the saga of Jim and Joe. Meanwhile, some rebellious counties still ignore the Supreme Court's recent ruling.
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In case you haven't had enough feels over the last 72 hours.
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Collin Winter

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Good: “Washington state can force pharmacies to dispense Plan B or other emergency contraceptives, a federal appeals court said Thursday in a long-running lawsuit brought by pharmacists who said they have religious objections to providing the drugs."
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Ohmanohmanohmanohmanohman
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And finally, the pipe!
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"This again is something you say about work when it’s something other people do."
It goes without saying that it's probably not good politics to say your plan to move the country forward is that everyone needs to work longer hours. It approaches 47% level toxicity. Even more damning is that it makes zero sense in policy terms. Indeed, Jeb's 'work harder' prescription provides harrowing look at the level of derp that can be produced when you take a guy who isn't all that bright and push him to the head of the national leadershi...
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"[Brenner] made block-by-block maps of the city, color-coded by the hospital costs of its residents, and looked for the hot spots. The two most expensive city blocks were in north Camden, one that had a large nursing home called Abigail House and one that had a low-income housing tower called Northgate II. He found that between January of 2002 and June of 2008 some nine hundred people in the two buildings accounted for more than four thousand hospital visits and about two hundred million dollars in health-care bills. One patient had three hundred and twenty-four admissions in five years. The most expensive patient cost insurers $3.5 million."
In Camden, New Jersey, one per cent of patients account for a third of the city’s medical costs. Credit Photograph by Phillip Toledano
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I remember reading this 4 years ago and have been telling people about it ever since.
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Correct. As it should be.

"The Left's 21st century agenda: expunging every trace of respect, recognition or acknowledgment of Americans who fought for the Confederacy." -- https://twitter.com/BillKristol/status/613419998262992896
“The Left's 21st century agenda: expunging every trace of respect, recognition or acknowledgment of Americans who fought for the Confederacy.”
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... is right more often, +Lee Schumacher​.
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The White House, lit up in celebration. #ItGetsBetter
“America should be very proud. #LoveWins”
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Have him in circles
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