Relevant and even prescient commentary on news, politics and the economy.

AbbVie Exploits Offshore Subsidiaries to Avoid US Taxes

Strictly a copy and paste of the Senate Finance Committee Chair Senator Ron Wyden Committee Report. I can not add to this other than say, repeal the 2017 Tax Act. Interim Report: Big Pharma Tax Avoidance Senate Finance Committee Investigation Reveals Extent to Which Pharma Giant AbbVie Exploits Offshore Subsidiaries to Avoid Paying Taxes on […]

TPM: What If We’d Been Mean to Robert E Lee?

This casting was up December 29 at Talking Points Memo (TPM). It is about 50 minutes long and a very interesting conversation between John, Kate, and Prof. Heather. Covering the state of democracy in America is the topic and well worth the listen. Belaboring the Point: What If We’d Been Mean to Robert E Lee? […]

Generic drugs reimbursement is an issue identified by the Senate Finance Committee

AB: This brief article gets right down to the basics in where costs are added and impacting the prices to the consumer. It is simple and straight to the point of how PBMs impact the prices to the consumer. Very little or nothing was contributed by myself to this article by the authors Inmaculada Hernandez; […]

Largest ACO Program is Saving Piddling Amounts for Medicare

Introduction: “new analysis finds that that MSSP, the oldest and largest Medicare accountable care organization (ACO) program, has lost money for individuals it covers and overall for Medicare it saves just 75¢ per $1000.” AB: Not much of gain there. What does it do for other programs? “Largest ACO Program Saves Piddling Amounts for Medicare,” […]

Trying Hard Not to be an Ugly American while Working in Thailand

Either in the beginning of our trip or at the end of the trip, we would end up in Bangkok, Thailand. Our stay was at The Landmark Hotel which to my knowledge was a Thai hotel and our plant(s) put us up there and on the Executive floor. Centrally located, it was easy to get […]

The Demise of Credit Suisse, Who is to blame?

I have used SWI SwissInfo.ch for information a number of times in the past having gained approval to do so from time to time. Management had changed and I had to ask for permission to use their articles again. They were gracious enough to allow Angry Bear the opportunity to rebroadcast their reports in the […]

One of the tallest trees in the economic forest has fallen:  Bob Solow has died at the age of 99.

Kevin Quin at Econospeak brought this to our attention. In Memoriam: Robert Solow      One of the tallest trees in the economic forest has fallen:  Bob Solow has died at the age of 99. The modern study of economic growth could not have happened without his work, of course.  He was also one of the […]

In-Box Topics Which May Be of Interest

Each day, I get an array of emails in my In-Box offering up articles, what they think can be interesting reads, or junk. Some are hawking subscriptions too. I like to subscribe to news letters and magazines. The problem being, I never get a chance to finish reading them all. SCOTUS Billionaire Gifts to Thomas: […]