It is bad enough with high healthcare costs for doctors, hospitals, medicines, care, insurance, etc. But when all of them start to allow you credit so they can collect their moneys leaving you to fend for yourself, it becomes outrageous. A common interest rate for payment plans is 16% to 19% with private equity. It […]
Angry Bear has posted about the 340B Drug Pricing program several times now. What is key to this program is it making available medicines which are out of reach for those who are lower income and uninsured patients. However, the program is being used to divert funding to other hospital facilities. Some are going as […]
Dale Coberly discusses an article written by Andrew Biggs “No, Social Security Isn’t ‘Earned’,” WSJ [Dear reader: this is very long. It had to be to refute all the claims made by the author of the WSJ op ed. You don’t have to read it if you don’t want to, or all of it, or […]
J.P. at J.P. McJefferson blog took up a rather interesting conversation with AI/ChatGPT. J.P. McJefferson: Chatting With AI On Better Government, jpmcjefferson.blogspot.com. ME What ideas do you have for improving U.S. governmental decision-making? ChatGPT Improving U.S. governmental decision-making is a multifaceted challenge that involves addressing various aspects of the political process. Here are some ideas […]
Topics pulled from my In-Box which I have no time to write about. Thinking, they still may be of interest to readers who visit Angry Bear. Please be topical. Healthcare Some Reasons to Get Off the Fence About COVID Booster, medscape.com, Debby Waldman. Researchers found that getting vaccinated led to a 69% reduction in long-COVID risk […]
Here we are agin, trying to make it easier to trade derivatives. Never mind the lessons we thought we learned when Goldman Sachs called on AIG to ante up. There were little in reserve for the swaps and AIG was ready to collapse. Congress and the Fed (or reverse) saved them and the economy. The […]
Maybe you have noticed this and maybe you have not? The USPS or the United States Postal Service does not sell stamps at a huge discount. You may get a few bucks off at Costco. It is not going to be 25% or 50% off what they are sold for as shown here: Lower left-hand […]
I have added little to this commentary. Economist Dean Baker has taken a position on various aspects of the economy. A positive position which you will see many other commentaries trashing. We avoided one hell of a recession to date which would have been the equal to the 2008 collapse due to Wall Street’s addiction […]
I am late on the draw for this information on Medicare. Been busy with other issues. Had dinner last night at VA’ Bene, a restaurant in Chandler which is not too far from us. An older couple joined us afterwards as we were sipping some Chianti. The heat finally got to this couple and they […]
A rewrite by me combining several articles . . . “Go woke, go broke,” cited by one billionaire.” The implication? The ongoing culture war and economic policies of northeastern states had facilitated the migration of wealth and economic power to the South. California has the highest marginal tax rate in the nation. California also has […]