The federal health care exchanges may not be doing so well (though the state exchanges seem to be doing rather better), but Mike Konczal informs us that the derivative exchanges mandated by the Dodd-Frank financial reform law of 2010 are actually going quite swimmingly, bringing transparency to the kinds of derivatives that crashed the economy in 2008 because regulators weren't watching them very closely. They're even regulating foreign derivatives transactions, a policy for which we've advocated here. It's a shame Mr. Obama will never be able to sell the phrase "swap execution facility" as well as his opponents have sold "Obamacare."
Weren't we just saying that maybe healthcare.gov shouldn't have outsourced its building to private corporations? Well, here comes Nation of Change's Paul Buchheit, giving us "Six Reasons Why" "Public Beats Private." For-real for-real, he's got more than six -- this is a pretty comprehensive list, if also a bit scattershot. Still, I bet you didn't know the USPS's 2-day price is actually $14 cheaper than FedEx's, did you? And pay attention to reason #5, "The Private Sector Has Incentive to Fail, or No Incentive at All," which won't surprise anyone who remembers all those banksters getting bonuses for no good reason.
CNN poll finds that more than half of Americans think it's a "bad thing" that Republicans control the House, and almost two-thirds want to replace John Boehner as Speaker. But before we break open the champagne bottles, we should remember that midterms are still over a year away, and a lot can happen between now and then, as Charlie Cook's analysis reminds us. Long story short: a lot has to happen before Democrats can retake the House in 2014 -- although now just about all of it is possible.
Kelly Phillips Erb at Forbes reminds us that giving away your Social Security number is a) a bad idea and b) frequently unnecessary anyway. Read the whole thing, and remember that a little assertiveness will help you on your way to keeping identity thieves away from your personal information.
Finally, George Washington University reveals that, despite its oft-stated commitment to "need-blind" admissions, it's actually favored wealthier students in the admissions process. And THAT! IS THE MOST! SURPRISING! THING! I! HAVE EVER! HEARD!