Eighty year old retired salesman John Garver the morning of March 28, 1979 remembers the acrid odor permeating Harrisburg as he walked out of a restaurant in Pennsylvania’s capital city. “We had this smell in the air, wondering what it was. Well it didn’t take us long to find out … that the accident started.” Fourteen miles away, the “accident” was unfolding in Unit 2 at the Three Mile Island Nuclear Power Plant, triggering panic, confusion, and within...
Read More »The Strike On Saudi Oil Facilities
The Strike On Saudi Oil Facilities This is going to be a tentative post because there is much that remains unclear. What I am going to do is to make it clear that stories that are being told by US authorities and largely repeated by the MSM with little critical commentary is highly questionable. As it is, it looks like the economic impact of the knocking out of about 60 percent of Saudi oil processing capacity by an attack by 20 drones will not amount to...
Read More »Affordable Housing
The other night, ten Democratic presidential, hopeful, nominees took stage and debated their plans for America’s future. There never was a mention beyond a few garbled words hastily thrown together about an issue which is plaguing many young voters ing to raise families and one which has surfaced in my community, the shortage of affordable homes. Senator Elizabeth Warren knows of the issue as she has discussed it in one of her talks, “The Two Income...
Read More »Has 21st century conservatism contributed anything useful at all ?
(Dan here…lifted from Robert’s Stochastic Thoughts) by Robert Waldmann Has 21st century conservatism contributed anything useful at all ? This is a question I haven’t asked myself. I have long looked for reasonable and reasonably honest conservatives. It is frustrating, because I have found many, but few are still conservative. I don’t want to get distracted from my distraction; but there is a pattern of me finding a conservative whom I consider...
Read More »F**king Old Enough to Vote
It’s That Day again. I mostly stayed off Facebook (except for birthday greetings) and Twitter, but even LinkedIn has posts of now-yellowed newspaper articles of survivors–and probably some of those who didn’t. In another ten years, it will be as far from 11 Sep 2001 as that date was from 11 Sep 1973. At least now, most people know what a sh*t Rudy Giuliani was, both in setting up the firefighters for disaster and moving the NYC Office of Emergency...
Read More »Healthcare News PBM Profits, Expensive Drug(s), Food Protein, and the Opioid Scam
“Cigna gets major boost from Express Scripts in Q2,” Robert King, FierceHealthcare, August 1, 2019 And some claim PBMs do not matter in the cost of healthcare? Cigna healthcare insurance generated ~ $38 billion in revenue the second quarter 2019 and a major increase due mostly to a merger with pharmacy benefit manager (PBM) Express Scripts. According to company financial results released Thursday, Cigna’s pharmacy services business generated $23.5...
Read More »IS TREND PAYROLL EMPLOYMENT REALLY WEAK?
For seven years from 2012 to 2018 the monthly payroll employment showed a solid trend of around 200,000 gains each and every month. If it was much above or below this trend, analysts found some excuse to explain the difference and expected the off-trend observation to be quickly reversed. So far this year most analysts continued to act as if this pattern was being repeated. However, in August the Bureau of labor Statistics (BLS) rebenchmarked the data...
Read More »Labor Day
I was doing my usual reading in the internet world and ran across this comment to another commenter who claimed Labor Day is a made up holiday. A lot of history in this reply: “‘A made-up holiday that never had a great basis for its existence?’ How about the Ludlow Massacre where 57 miners were killed by Rockefeller guards that set fire to miners tents even though they were on private property? Their union leader was held by two militia members and shot...
Read More »Purdue Offers Up $10 – 12 Billion to Settle All Lawsuits – MedPage Update
Just revealed: The opioid/OxyContin maker Purdue and members of the billionaire Sackler family owning the company have offered to settle thousands of lawsuits against the company for $10 to $12 billion. according to people briefed on the offer. More than 2,000 states, cities, and counties across America are pursuing the OxyContin maker over the large bills for cleaning up the opioid crisis — and are deciding whether to accept the offer by Friday. The...
Read More »J & J and It’s Subsidiary Janssen’s Actions “Created a Public Nuisance”
“The court found that Johnson & Johnson’s actions had created a “public nuisance,” which Oklahoma law defines to mean an act (or failure to act) that ‘annoys, injures or endangers’ the health and safety of an ‘entire community.’ In a 42-page opinion, Oklahoma State Judge Thad Balkman details how Johnson & Johnson’s sales and marketing assured doctors the appearance of addiction in patients due to the use of J & J opioid products was actually...
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