That fit people have a reduced risk of premature death from various diseases is a recurring result in many studies. New research from Uppsala University shows that people with high fitness levels in their late teens also have a reduced risk of dying from random accidents. This suggests that the associations seen in previous studies have probably been misleading.

I have done the same thing using an Economist subscription as the singular item in the basket, rather than a hamburger. What picture of the world emerges and how does it compare to the Big Mac index?

There’s one catch: Tunkhannock’s plan to go solar is contingent upon winning more than $1 million in funding from the state’s Solar for Schools program. Currently in its inaugural year, Solar for Schools was born from a bill that faced an uphill battle in a legislature where environmental bills often die by attrition — a battle that required its creator, progressive Rep. Elizabeth Fiedler (D-Philadelphia) to reach across the aisle and help marry what are often competing interests in the state — labor, education and climate. 

State of the art PFAS

Elon Musk’s change to the Twitter block – which renders tweets from people who have blocked you visible, but you can’t interact with them – is actually useful in continuing to show you opposing views.

Miracle of miracles, it worked. Critics and audiences from coast to coast raved at the couple’s onstage antics, as Lucy clowned with a battered cello while Desi sang and drummed his heart out. A.H. Weiler of The Times pronouncedthe pair “a couple who bid fair to become the busiest husband-and- wife team extant.” Soon enough, they were.

“Three-Body Computing Constellation,” which will directly process data in space, rather than on the ground, reducing reliance on ground-based computing infrastructure. The constellation will be capable of a combined 5 peta operations per second (POPS) with 30 terabytes of onboard storage. 

But nearly all maritime accidents and failures occur in complex systems by illustrating how multiple layers of defense, each with vulnerabilities, can align to allow a hazard to pass through. This is what investigators call the Swiss cheese model.

The EIB plans to launch this initiative, dubbed TechEU, later this year, creating a centralized hub for financing requests from researchers and companies. This initiative aims to streamline the process, making EU funding processes faster and simpler. A quicker decision-making process can differentiate between the survival and failure of startups navigating tight cash flows and competitive markets.

At the heart of the accusations are Nestlé Waters’s allegedly unauthorized use of carbon filters and ultraviolet light — methods normally used on tap water — to treat mineral water for several of its brands, including its flagship sparkling water Perrier. But France’s stringent regulations aim to ensure that natural mineral water remains pure and unaltered, justifying the steep price tag paid by consumers.

The alternative is for the U.S. to reject the resource-rich Gulf States and drive them into the arms of China, which is eager to sell them a Huawei+DeepSeek tech stack. And China won’t gainsay the opportunity by asking local partners why they aren’t building their data centers in Beijing or Shanghai instead. China will just fill out the purchase orders and ship the chips, making Chinese technology the standard. We shouldn’t let this happen. We still have a limited window to ensure American technology dominance in global AI infrastructure. Let’s seize it.

The second-largest supplier of Spanish gas? Russia

“You have no intention of paying off your collateralized burrito obligations, do you?”

Both Microsoft and Google are locking down search APIs not because of “access control,” but because search is now an input to AI.

Not even Jackson, though, could have wished for a disaster as complete as the panic of 1837 produced. Nearly half the banks in the United States failed, leaving businesses and individuals in the lurch. Millions of Americans were without jobs. In those days of no social safety net, joblessness often led to homelessness and hopelessness. As Americans had done for generations, many headed west. But where previous waves of westering had been fueled by hope, this one was driven by despair.

The Biden administration’s policy on AI:
— Insert DEI requirements into AI, making it WokeAI.
— Hobble American AI companies with a hundred pages of unnecessary regulation (Biden E.O.).
— Burden American semiconductor, data center, and cloud companies with 200 pages of unnecessary regulation (Biden Diffusion Rule).
— Limit energy production and permitting, making massive data center build-out impossible.
— Exclude the countries with the largest sovereign wealth funds from partnering with Team America on AI.

The rent-stabilized unit belonged to her grandmother, Gisela Venta-Perez. Vines, 22, is the fourth generation in her family to call the apartment home. She claims she lived there with Venta-Perez for about two-and-a-half years, until her grandmother’s death last spring. Now, Vines wants to stay in the apartment, which she said Venta-Perez rented for about $900 a month. But the owner of the building said she doesn’t meet the strict criteria to take on a deceased relative’s rent-stabilized lease.

In my view, one of OpenAI’s motives for announcing its collaboration with Jony Ive now is likely to shift market focus from recent Google I/O. Google’s ecosystem and AI integration, showcased in the I/O keynotes, pose a challenge that OpenAI currently struggles to address. As a result, OpenAI is leveraging a new narrative to redirect attention.

The gene editing technology used for KJ is not exactly new, nor is the delivery system. CRISPR has already proven to be a successful gene therapy. What’s stunning is the speed. KJ’s mutation was identified within days of his birth. Within weeks, researchers were growing cells in petri dishes that carried genetic sequences copied from KJ. In month two, they used those cells to train molecular gene-editing machinery to target and correct KJ’s mutation—a spot in the DNA coding for the liver enzyme where there’s a T (thymine) instead of a C (cytosine). At the beginning of the third month, researchers had created genetically engineered mice that carry KJ’s specific mutation, too.

“In other words, if the US’s rating were commensurate with the current US CDS spread of 58bps, the US’s credit rating would be six credit-rating notches lower … it’s perhaps a good thing that the rating agencies typically lag the market.” – Macquarie

Another geriatric Democratic congressman dies in office, and then within hours the Republicans pass their Big Beautiful Behemoth legislation by literally one vote. Fitting encapsulation for the current era

At Kure, National Bulk Carriers built a series of record-breakingly large ships: the 38,000 deadweight ton Petro Kure in 1952, the 45,000 deadweight ton Phoenix in 1954, and the 55,000 deadweight ton Sinclair Petro-Lore in 1955. The Universe Apollo, launched at Kure in 1958, was the first tanker in the world to exceed 100,000 deadweight tons. Altogether Ludwig built 42 ships at Kure, many of them the largest in the world when completed. When his lease at Kure expired, the shipyards were acquired by Japanese shipbuilder IHI, which continued to build enormous tankers for Ludwig.

Primarily a liturgical composer, Zelenka was not simply working over or within forms perfected by Bach, whom he personally knew. Zelenka spoke in his own voice. As Heinz Holliger, the brilliant oboist who has helped revive Zelenka’s music, puts it: “Zelenka (like Bach) obviously has absorbed the total compositional knowledge of the previous generations, and, by virtue of his most individual personality, exposes it to a breaking test, thus setting free a critical element opposing the tradition.” 

Paul Ryan runs the American Idea Foundation, a small nonprofit where the vast majority of contributions fund salaries for his former staffers.

Prior to termination, Wimmer believed he would have a long-term career with Generac, having earned glowing performance reviews, merit-based raises, and multiple promotions into a leadership role. He lost his job after almost 5 years of dedicated service.

Senator Jones, and others, including this author, have long warned that California’s restrictive policies and costly regulations have contributed to make the price of gasoline in California the highest in the nation and have precipitated the imminent shutdown of two major refineries by April 2026. The exiting of the two refineries from California represents the possible loss of up to 10.5 million gallons a day of in-state gasoline production. Consequently, California’s need for foreign sourced gasoline is likely to increase, and with regulatory costs associated with the state excise tax, cap and trade, and the new LCFS likely increasing the cost of gasoline, Californians are facing the potential for gasoline price increases to possibly $6.04 to over $8.00 a gallon, inclusive of the replacement costs to make-up the nearly 10.5 million gallons a day deficit in in-state gasoline production. 

Comparison of spreadsheet software

The failover redundancy should have worked, but did not.

Some quotes are too good to cut.

The coverup of @JoeBiden’s condition is the greatest fraud ever perpetrated by the media and an administration against the American people

in 1936 only some 32% of Berlin flats had a bathroom or a bath tub as such

This is a common pattern: America doesn’t just survive crises, it gets stronger because of them. America is blessed with geography, abundant natural resources, and the most valuable resource of all: a driving entrepreneurial spirit that can overcome any obstacle put in our way and build technological solutions to short-term challenges that lead to long-term strength.  Today, once again, the economic data paints a different picture than the political sentiment, one that speaks to the difference between America and the Roman Empire, or any empire that’s come before. 

We investigate the information content of personal stock trades by IRS officials. We collect transaction-level data on over five thousand IRS officials’ personal investments and document substantial trading activity in individual stocks by officials across IRS departments. We find that IRS officials’ trades, predominantly their purchases, generate positive abnormal returns on average, consistent with officials’ information being not yet fully impounded into stock price. Next, we examine whether stock trades by these officials are associated with the firm’s future tax enforcement outcomes. For a given firm, we find IRS officials’ purchases are associated with subsequent decreases in tax reserves and specifically lapses in the statute of limitations. We also find that IRS officials’ sales are associated with subsequent unfavorable tax settlements. These findings suggest that IRS officials possess, and trade on, material tax-related information and that these trades are associated with future tax enforcement outcomes for firms.

Despite paying dramatically more than any other country for healthcare, the United States has fewer physicians per capita than most developed nations.

“It was very fast — when they were refuelling in those days — and there were a few shots which suddenly reminded us of the problem we were facing. Essentially, if you look down on the pitstop from above, there’s your [driver] in the car and all the people looking after that precious parcel and when you look down on a baby on a trolley moving from one place to the other, it’s the same thing.”

Using ‘virtual unwrapping’, the scroll PHerc. 172 which is housed at the Bodleian Libraries at the University of Oxford has been identified as On Vices by the Greek philosopher Philodemus. The ethical treatise, known in full as On Vices and Their Opposite Virtues and In Whom They Are and About What, provides guidance for cultivating a virtuous life. In recognition of this achievement, researchers have been awarded the Vesuvius Challenge First Title Prize which includes prize money of $60,000.

Jones was routinely unavailable to make key decisions about the airport, neglecting messages from her staff as well as representatives of Southwest Airlines who had reached out about starting service at the airport, according to documents obtained by the Wisconsin State Journal.

5 Powerful Persuasion Methods for Engineering Managers

Experts predicted that artificial intelligence would steal radiology jobs. But at the Mayo Clinic, the technology has been more friend than foe.

A new crowd-sourced transit platform allows riders to propose, vote on, and activate new bus lines in as little as three days.

MICHELIN Guide Distinctions are now on Apple Maps!

“Millions for defense, but not a penny for tribute.”

These factors of high costs and low prices all led to much of rural America being gutted. Equipment dealers, feed mills, hardware stores all took big hits, if they survived at all.

Delays and cost overruns are in part driven by the Navy’s ship design and acquisition process. Broadly speaking, the Navy creates high-level requirements for complex, multi-role ships, and then outsources the design of these ships to third-party contractors. Once a design is selected, it is turned into production drawings (so-called “detail designs”), which are used to produce the ships. In an effort to reduce the time it takes to deliver a ship, ship construction is often started before ship design is complete. However, this strategy frequently backfires: as design work is completed, changes to under-construction ships are often required, resulting in costly and time-consuming rework.

As consumers begin to use AI agents to do their shopping, retailers are trying to figure out how to market to bots in addition to humans.

We seem to be moving to a world where there will be four major AI powers — adding Saudi and UAE — rather than just two, namely the US and China.  But if energy is what is scarce here, perhaps we were headed for additional AI powers anyway, and best for the US to be in on the deal?

Funny story SBFs dad helped write the Dem tax plan for crypto (obv terrible). And Caroline’s parents contributed to the game theory paper on how to nudge the population into Covid compliance. Shocker

Never heard a room go quite as fast as when someone suggested to a room of aging HHMI Investigators that they should retire so postdocs can get jobs.

The influential venture capitalist Katherine Boyle is making the case that creating things for America—from weapons to rockets to nuclear-energy plants—is pro-family.

“Now, did we go spend a lot of money in the offseason, guys? Let’s call a spade a spade. No we didn’t.”

Car designs look more like each other than ever. Color is disappearing as most cars become white, gray, or black. From Sydney to Riyadh to Cleveland, an upscale coffee shop is more likely than ever to bear the same design features: reclaimed wood, hanging Edison bulbs, marble countertops. So is an Airbnb. Even celebrities increasingly look the same, with the rising ubiquity of “Instagram face” driven by cosmetic injectables and Photoshop touch-ups.

If it’s worth doing, it’s worth doing badly
I’ll now cover the opposite case: my peers who see generative models as superior to their own output. I see this most often in professional communication, typically to produce fluff or fix the tone of their original prompts. Every single time, the model obscures the original meaning and adds layers of superfluous nonsense to even the simplest of ideas. If you’re lucky, it at least won’t be wrong, but most often the model will completely fabricate critical details of the original writing and produce something completely incomprehensible. No matter how bad any original human’s writing is, I can (hopefully?) trust that they have some kind of internal understanding to share; with a language model, there is no such luck.

“Whenever the time came to elect a new doge of Venice, an official went to pray in St. Mark’s Basilica, grabbed the first boy he could find in the piazza, and took him back to the ducal palace. The boy’s job was to draw lots to choose an electoral college from the members of Venice’s grand families, which was the first step in a performance that has been called tortuous, ridiculous, and profound. Here is how it went, more or less unchanged, for five hundred years, from 1268 until the end of the Venetian Republic.

The average crowd size for University of Wisconsin men’s basketball games slumped again this season.

…. and has used reserve funds to balance its budget in recent months.

You will then have a lean, mean combat-ready cadre of senior leaders, I promise.

The latest work builds on earlier breakthroughs from the Vesuvius Challenge, a global competition launched in 2023, which offers prizes for progress in reading the scrolls from 3D X-rays. Last year, a team of computer-savvy students shared the $700,000 (£527,350) grand prize for developing artificial intelligence software that enabled them to read 2,000 ancient Greek letters from another scroll.

Good call. Tweet it from the official account.

And we STILL don’t know why U.S. taxpayers were paying China to alter a virus previously harmless to people so that it would be lethal to us. WHY did Fauci want this?

A $1 billion company has operated for 53 years with ZERO managers. Workers buy $500,000 machines without approval. Hire their own colleagues. Set their own salaries. And they’re outperforming every competitor in their industry. The coolest company you’ve never heard of ?

The way we build and ship software these days is mostly ridiculous, leading to apps using millions of lines of code to open a garage door, and other simple programs importing 1,600 external code libraries—dependencies—of unknown provenance. Software security is dire, which is a function both of the quality of the code and the sheer amount of it. Many of us programmers know the current situation is untenable. Many programmers (and their management) sadly haven’t ever experienced anything else. And for the rest of us, we rarely get the time to do a better job.

Because one day, when the machine stops, we’ll need to remember how to think.

WW2 Aircraft recognition posters.

In short, getting things done means getting them in a state where:

(a) executives at the company understand what’s happened, and (b) are happy with it

To many, this will be an unsatisfying definition of what it means to get things done. Lots of engineers will want a more solid definition than “it’s a social construct”. However, as someone with a philosophy background, I have a healthy respect for social constructs. The concept “chair” is a social construct, and chairs are plenty real[2]. In some ways, “getting things done” is even more real. It can pay your rent! If you don’t respect it, it can even get you fired.

“You think I’m gonna be sitting in line at United?!” The utter contempt for the victims of his own policies is just breathtaking. This is the Democrats FAR LEFT flank! Fighting the oligarchy and climate change from private jets, sentencing you to carbon taxes, sneering at coach.

That’s why, as uncomfortable and old-fashioned as it may sound, you should let someone set you up.

Among the most impressive manufacturing achievements of the US during WWII was the number of ships it produced. Prior to the war, the American shipbuilding industry had been moribund. Shipyards had been busy during and immediately following WWI, but the huge flood of wartime ships greatly reduced demand for new ones, and American shipyards didn’t produce a single oceangoing hull between 1922 and 1928. The onset of the Great Depression only made things worse, and by 1935 annual tonnage produced by US commercial shipbuilders had fallen to its lowest level in more than 100 years.

What’s unfolding now is a case study in how some progressive movements have become more invested in symbols than systems;

I suppose you could argue Sanders goal, of among other things, decreasing the amount of private jet flights, is so morally righteous he has to fly a few private jets to accomplish it.

At the heart of the energy plan is the construction of a small modular reactor, a type of transportable nuclear reactor assembled on site, which can power a wide range of applications, including AI data centers. If successful, Argentina could be the first country in the world to have a commercially available SMR, and only the third after China and Russia to have an operational one.

The absurdity is everywhere. You see it in music, where record labels prefer to invest in 50-year-old songs—instead of new hits. You see it in film, where a studio dumps 36 Marvel superhero movies on the market—and then acts surprised because audiences sicken of them. These ridiculous actions tell us that a reversal is at hand. We don’t measure that by anything logical. We measure it by the absurdity.

To fill the remaining vacancies, the Admiralty waived their “able-bodied” requirement and drafted 500 men from the “Corps of Invalids,” a stockpile of army veterans who were too old, injured, or otherwise infirm for further army service. Some of these men were barely able to stand unassisted, let alone walk, or handle rigging on a lurching deck. Among those who could walk, many of them did, directly away from the navy ships, before the squadron was even underway.

In 1981, the Hearst Corporation donated its newsreel collection to the University of California. In cooperation with the UCLA Film & Television Archive, the Packard Humanities Institute is developing this website as part of a joint project to make the Hearst newsreel collection more easily accessible to the public.

Porsche and now Mercedes limiting charging performance of some of their EVs. Not knowing all the details, but mein Gott, german engineering: was hat dich bloß so ruiniert?

I know the series is cringe now but my theory remains that Jill Biden thought she could pull a Claire Underwood.

VW down a million cars. GM down a million cars. Jeep JV bankrupt. Suzuki out. Nissan deeply wounded.

There are unconfirmed reports that Riza Altun, a veteran PKK commander & hardliner, was killed in an alleged Turkish drone strike, a message no doubt of the risks of not falling in line with Ocalan’s call to disarm & disband.

Which brings me to Boston. Ever heard of Route 128? To my surprise, neither have any of my students at Duke or the entrepreneurs I’ve met in Silicon Valley. I’m surprised because it wasn’t so long ago that Silicon Valley was considered a poor cousin of Boston’s tech center—a cluster of technology companies located along this freeway which partially rings the city. Starting in the 1960s and on through the 1980s, Route 128 was, if anything, more closely associated with tech than Silicon Valley. Today few young technology workers even know where Route 128 is located, let alone its importance in the tech world. Silicon Valley has simply left Boston’s tech center behind.

A U.S. defense official told TWZ yesterday that Yemeni militants have or are suspected to have brought down six MQ-9s since March 15. Fox News reported today that U.S. officials have acknowledged the loss of another Reaper, the seventh one since the beginning of last month. Back in March, an unnamed U.S. defense official told Stars and Stripes that the Houthis had downed 12 Reapers since October 2023.

the pipe organ is a big box of whistles. Each pipe sits on top of a hollow wind chest that is filled with compressed air provided by a bellows or blower. Each ‘stop’ at the organ console represents a set of pipes (a rank) of a particular tone color, with a different pipe for every note on the keyboard. Pulling the stop activates a slider under that specific set of pipes on the windchest, making them available as a sound-source. The wind chest also contains a series of valves (pallets) connected to the keyboard by a mechanical linkage. These pallets govern the flow of air to each pipe, and even though a stop may be on, no pipes will sound until a key is depressed and its respective pallet opens. This allows the compressed air to pass up through the pipe for that note, creating sound

Reading obituaries can boost creativity by exposing you to distant ideas, fueling the associations that lead to unexpected breakthroughs.

And… Not every address is relevant. Some benches are on streets. But we probably don’t want to imply that the bench is inside or belongs to a specific nearby house.

In China, doing business there meant providing “benefit” to its new and growing industries. “Benefit” was a loosely defined term that generally meant transferring technology, helping create a supply chain and ordering parts and components made in China. For some, it meant providing kickbacks. (This is not suggesting Airbus engaged in kickbacks, but corruption is a matter of public record. Such was suggested to me when I was doing business in China between 1989 and 1993.)

Informants weren’t just deployed to sabotage group activities and implement Zersetzung plans, but also to gather intelligence on individuals and groups (around 160km worth of Stasi archives survived the end of the GDR). Most intelligence was used to evaluate relationships and activities (which then led to an extension of intelligence gathering to previously untargeted individuals and groups), and as a basis for planning Zersetzung operations. Obviously plans for actions and activities were also reported, but these were acted upon only in rare and serious cases – if intelligence were used to disrupt the activities in any obvious way then suspicion could be drawn to the informant.

“Subsidence has become a huge challenge,” said Mehdi Pirhadi, a member of Tehran city council. He warned the “massive land sinking will destroy infrastructure and threaten lives” unless it was addressed urgently.

This interactive tool allows you to toggle between 5 different maps of Milwaukee from different points in its history. Much changes between them. Two of the most dramatic changes to explore are the demolition of many neighborhoods to create freeways and the creation of much of the modern-day lakefront via infill.

Zhaoxin is a Chinese x86 CPU designer. The KaiXian KX-7000 is Zhaoxin’s latest CPU, and features a new architecture dubbed “????”. ???? is a road in Shanghai called “Century Avenue”, following Zhaoxin’s practice of naming architectures after Shanghai landmarks. Zhaoxin is notable because it’s a joint venture between VIA Technologies and the Shanghai municipal government. It inherits VIA’s x86-64 license, and also enjoys powerful government backing. That’s a potent combination, because Zhaoxin’s cores are positioned to take advantage of the strong x86-64 software ecosystem.

Between 1960 and 1967, the almost forgotten Lebanese Rocket Society, led by its founder Manoug Manougian, competed with the great powers of the Cold War to create a space program in Lebanon. Founded as a student association within the Haigazian College in Beirut in November 1960, the Rocket Society operated without any official funding from the state or the university. Relying on the dedication of a few professors, seven students, and a modest donation from the Lebanese entrepreneur and Parliamentarian Emile Bustani, what the burgeoning Society lacked in resources, it made up for in ingenuity, drive, and vision.

Regardless of how one feels about DeepSeek’s open-source R1 model, it is a clear indication that innovation is moving rapidly around the world, with or without leading U.S. tech. If U.S. platforms are absent, companies will turn to strategic competitors like Huawei to fill the gap. This is why leadership in AI depends not just on what we restrict—but on what we enable.

If you or someone you love has lost the ability to speak, you can sign up to our Patient Registry today and help shape the future of communication. (3/3)

For the first time in US Gov history, 25 people are retiring online only, to inform scaling to everyone. This is a big win for retirees to get their full check faster, and testament to how quickly @USOPM is working towards the President’s software modernization Exec Order ????

The budget contains some notable changes for the US space agency. Overall, NASA is asked to take a 25 percent cut in its budget, from about $25 billion to $18.8 billion. Ars has previously reported on some of these proposed cuts, most notably to its science budget. These include a $2.265 billion reduction in Space science and a $1.161 billion reduction in Earth science. Perhaps the most notable cancellation here is the Mars Sample Return mission, which the budget proposal says will be achieved by human missions to Mars.

100x better models running on 100x better chips running in data centers with 100x more chips is a total increase of 1,000,000x. A million times more artificial intelligence.

This is the story of the people who made music visible.

The Altair was created by a small company called MITS, which initially stood for Micro Instrumentation and Telemetry. In 1974 MITS had been selling calculator kits via mail order. Later in the year they started working on a computer based on the then-new Intel 8080 8-bit CPU. About this time they were contacted by Popular Electronics magazine who was looking to do a feature on a computer project.

So why are American SOF used almost exclusively at the tactical level?  Because the people employing them, the staffs of major commanders, don’t understand operational art.  Some service schools claim to teach it but they don’t.  They reduce it to processes, as Second Generation war does with everything.  But an art reduced to process results in crap.  One U.S. military school goes so far as to say that all you have to do is write a paragraph where this is a noun, that is a verb, and presto!  You know what to do at the operational level.  That’s operational art for dogs.  As General Hermann Balck said, “It is an art; only a few can do it, most can never learn.  The world is not full of Raphaels either.”

The MNP is the world’s first purpose-built drone carrier.  And it costs only about $135 million, approximately one-hundredth of the price of a Ford-class American aircraft carrier.

“Bomb, bomb, bomb, that’s all my generals know how to do.”

One of the core questions discussed in the breakouts and in the halls was how to broaden the geospatial audience. How can we better communicate geo data’s utility, in all industries and domains? Many tactics and case studies were debated, but the one I kept coming back to is that of DuckDB.

There are so many solutions to this problem. We don’t need to list them all here. I documented some of them one time, but there are many more.

Ultimately, SpaceX’s simplified Starlink deployment architecture has fewer parts and eliminates the need for a carrier structure. This allows SpaceX to devote a higher share of the rocket’s mass and volume capacity to the Starlink satellites themselves, replacing dead weight with revenue-earning capability. The dispenser architecture used by Amazon is a more conventional design, and gives satellite engineers more flexibility in designing their spacecraft. It also allows satellites to spread out faster in orbit.

We paid $50 million for half of GEICO in 1976, what turned out to be half of GEICO, $50 million. We now own 100%, but 50% of $2 billion that we earned in the first quarter is $1 billion, which on a $50 million investment… The only thing I’d like to add is in addition to the underwriting profit, GEICO provides $39 billion of float.

It improved coverage but not care. It was the result of complete regulatory capture from health insurance companies (requiring 85% Medical Loss Ratio) and medical record/billing vendors (requiring Meaningful Use).