Monday, March 24, 2008

Blog Cuttings 3

I actually feel sorry for the folks running the Health Service Executive: they inherited a hyper-political organisational structure and Dickensian work practices and have been unable to change it. If it's any consolation, even France - the poster child of world class health provision - can't quite keep politics out of its hospitals. Still, when the HSE does get things sorted (ahem), they might think about giving us all single rooms with a south-facing perspective: cuts average hospital stays and medication requirements - healthier by design, eh?

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I'm finally figuring out what all the fuss over Bear Stearns was all about - seems they had exposures totaling $13.4 trillion when things went pear shaped: that's equivalent to a quarter of the entire global GDP. And they're only the fifth largest investment bank in the USA. For a superb analysis of why things have gotten so bad see this from the New York Times: bottom line - expect a whole lot more regulation of Wall St in future (and a possibly less benign climate for our own International Financial Services Centre).

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Good news for golf widows (and the smaller number of widowers) out there: it looks like the future of golf is gloomy indeed - nobody can afford the time any more (at least not those wanting to keep there jobs). What'll we do with all the golf courses: grow bio-fuels perhaps?

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The great paper vs. plastic debate continues: it seems that on a lifetime impact basis we would all be a lot better off using plastic bags instead of paper ones. I wonder can we persuade the government to give us back our plastic bag taxes?

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Thinking of a career in journalism? Think again - it seems that journalists are in the same position as blacksmiths who observed the arrival of the motorcar. One clue, most of the students studying for journalism don't, er, read newspapers ...

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