The Angry Bear

I have heard of this. Have not used it. But, I wonder what will happen to our own creativity. We humans are supposed to be a curious, thoughtful, and an intelligent specious. We do the unexpected in different environments and situations which makes us unique. No two of us are alike or react the same. “It is a spectacular scientific puzzle that human beings are the sole species that seems to be able to think and feel beyond the limits of the scale...

Have Medicare Advantage plans been over coding? According the MedPac 2022 report for year 2020 they have been. The funds of which come out of Medicare funding. The amount of which was an ~$12 billion for 2020 alone. But it is not just 2020, “Medicare Advantage has Overcharged FFS Medicare by Billions for Years,” Angry Bear. “Aggregate Medicare payments to Medicare Advantage plans” have never been lower than FFS Medicare spending. MedPac 2022 Chapter...

Open thread March 17, 2023, Angry Bear (angrybearblog.com) Tags: open thread

3 graphic signs of financial stress  – by New Deal democrat The theme of my weekly “high frequency” economic indicators update over the weekend was the sudden deterioration in some measurements of financial stress. Tomorrow we’ll find out that house prices as measured by both the FHFA and Case Shiller have decline further, and that increases are substantially lower than as measured by the CPI, and on Friday we’ll find out what two of the...

I have read enough on the bailing out of two banks (Silicon Valley Bank and the smaller Signature bank). in 2018, I had argued against increasing the $50 or $100 (?) billion limit to $250 billion. These were commercial banks which were allowed in 2008 to join with Wall Street banks to dabble in securities, Banks writing home mortgages had skipped the practice of registering them with the counties. Not a safe practice. Here we are in a situation where...

“France Is Furious”: Anger Grows at Macron for Raising Retirement Age as Millions Strike and Protest (rsn.org), Democracy Now. This is what happens when you let “the government” (“rich” taxpayers of a “progressive” tax) pay for your Social Security.  American Social Security was created “worker paid” by FDR exactly to avoid this (“so no damn politician can take it away from them”). And for more than 80 years that has worked.  but lately the...

With the exception of the One-handed Economist, quite a few of these consumerism and environmental articles show up in my In-Box. Some of them are actually quite good. In the past I did have some of them my In-Box Post. I thought this time I would break them out separately. Most of the are from Treehugger and Consumer Affairs. Consumerism: What is credit and how does it work? ConsumerAffairs, Jessica Render. People are getting credit from...

Katie Porter on Social Security. Can you spare a bit more than three minutes? [embedded content] Three of the many Republicans who are absolutely not for the People. Social Security & the Debt Limit, Angry Bear, Bruce Webb. Tags: debt, Katie Porter ...

Weekly Indicators for March 20 – 24 at Seeking Alpha  – by New Deal democrat I’ve neglected to put this up for the past several weeks, but by now you know where to find my latest Weekly Indicator post at Seeking Alpha. Probably unsurprisingly, in the week after the Silicon Valley Bank failure, just about every financial stress indicators suddenly spiked. In other words, credit conditions, which had already tightened by the end of last year,...

Everything you didn’t know you need to know about the Postal Service’s new commercial, Save the Post Office, Steve Hutkins. Last week the USPS Link had an article — titled “Get a ‘Move’ on” — announcing the Postal Service’s new TV commercial. The commercial is called “Orchestrated Delivery,” and its theme is “We’re reinventing our network” — a reference to the way thousands of letter carriers across the country will soon be relocated from post...