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

The Restructuring of Sovereign Debt

by Joseph Joyce The Restructuring of Sovereign Debt The economic repercussions of Russia’s invasion of Ukraine will be devastating for many countries that have yet to recover from the pandemic. Higher prices for commodities, particularly energy and food, will increase inflation rates and widen trade deficits for those nations that import those items. Increases in […]

Eventful Reading for Saturday Evening and Sunday Morning

An iconic American wilderness turns 150, National Geographic A “paradox of the cultivated wild.” That’s how National Geographic Explorer David Quammen characterized Yellowstone National Park in a celebrated edition of National Geographic. In that issue, an epic ecosystem – it’s the biggest complex of mostly untamed landscape and wildlife within the lower 48 states – received epic […]

VA health care system treats vets better than private facilities

Coming fresh off of featuring Kip Sullivan’s “Single Payer Health Care Financing Presentation – Three Part Series,” also “Continuing the Conversation concerning Medicare and Medicare Advantage Part 1 and Part 2.” and Kip Sullivan and Ralph Nader Talk Tradition Medicare vs Medicare Advantage; I came across this article by Suzanne Gordon concerning Veteran healthcare and […]

Omicron looks like it has burned through all of the “dry tinder”

Coronavirus dashboard for March 8: Omicron looks like it has burned through all of the “dry tinder,” leaving perhaps only 10% of the US population still fully vulnerable to infection Back in autumn when Delta was raging, I thought that, once it burned through all of the “dry tinder,” so many unvaccinated people would have […]

Freedom v. Rights

World wide, wearing masks prevented millions of hospitalizations and saved hundreds of thousands of lives. When vaccines became widely available, they prevented millions of hospitalizations and saved hundreds of thousands of lives. Both could have saved many more lives, prevented many more hospitalizations but for opposition to masking and vaccination. So why were so many […]

The Omicron wave has receded by almost 90%; what about deaths?

Coronavirus dashboard for February 23: the Omicron wave has receded by almost 90%; what about deaths? No economic data today (Feb. 23), so let’s update the situation with COVID-19. My usual source of graphs, 91-Divoc, is down today, so less elaborate, cluttered graphs from the NYT site to follow. The Omicron wave peaked in the […]

No Longer Dominant, the AMA is Becoming Progressive

Recent New Yorker article, I read, “The Fight Within the American Medical Association“ What I found interesting is the AMA’s history in support and lack of it for better healthcare. It is going both ways while slowly advancing towards Single Payer. Out of necessity, the AMA has started to move closer to the reality of […]

Why is CMS Overpaying Medicare Advantage Plans?

Introduction I am fortunate to have made the acquaintance of Kip Sullivan from reading his articles and exchanging notes over the last couple of years. He is one of the more knowledgeable authorities on Single Payer as well as healthcare costs and price, commercial healthcare insurance, Traditional versus Advantage Medicare, and why today’s healthcare is […]

Coronavirus dashboard for February 15: the most optimistic I have been in months

The current trend in both cases and deaths in the US has me the most hopeful I have been in over 6 months. Here’s why. Nationwide, cases have declined to 150,000, only 30,000 above their level just before The Omicron wave started, and about 10,000 less than their Delta peak: The Omicron wave has been […]