May

14

Our local comedian (aka Eddy's Mom) announced over coffee this morning her new formulation for the H-H Index. It is, she says, best calculated as the length of the hypotenuse of the triangle that the DOJ is going to ram up the ( one looks around 3 times)– of anyone who even contemplates increasing their "market power".

For a more conventional definition, see Wikipedia.

According to the latest budget, the direct annual cost of having people sit at desks and calculate how much economic sin is to be allowed is $189 million; as in all things regulatory, the indirect costs are incalculable and, therefore, irrelevant.


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