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Tag Archives: politics

Wall Street, venture capital drive high drug prices

And undermine public health in the process I ran across Merrill at the Washington Monthly writing about Healthcare. This particular article is on the mark in terms of what is occurring in pharmaceutical healthcare today. Kip, Merrill, and I are all hitting similar notes with regard to healthcare and other issues impacting it. Some such as Kip and Merrill more so on the details than I. The costs and prices of Pharma are overstated by the industry....

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March employment report 2: unemployment recession indicators

Scenes from the March employment report 2: unemployment recession indicators  – by New Deal democrat A reminder: I may be offline for the next couple of days. In the meantime, yesterday I looked at the 5 leading indicators contained in the employment report, and summarized how they either signal recession now or within the next 3 to 6 months. Today I want to focus on unemployment and underemployment. Economist Gloria Sahm’s Rule, namely...

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They Can Only “Win” by Cheating …

Editorial by Ten Bears at Homeless on the High Desert. Ten Bears is reviewing the politics or the changing of the rules in Montana for the 2024 Senatorial Election. And changing the rules only for 2024. Sounds almost like Wisconsin plans to impeach a newly elect Supreme Cour Justice. They Can Only “Win” by Cheating . . . , Homeless on the High Desert, Ten Bears, g’da says . . . Daily Chaos: Republicans in the Montana state Senate on Tuesday...

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Judge bans Abortion Pill Nationally and Overrules the FDA

Not sure where these critters come from; but, it sure is tiring. One person lacking the foundation for making such a decision is allowed to make the decision only because of his status. If he has a legal background (???), he knows he is wrong So much for “leave it up to the states:” Right-wing activist w/no medical training overrules FDA, bans mifepristone nationally, ACA Signups, Charles Gaba. Charles: I was out of town for much of last week...

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April 9, 1865 . . . The Aftermath and the Economics of War

We died at Cold Harbor June 1864, an officer of the Iron Brigade. UW had his letters and I was allowed to read them. They were given to me, neatly tied up with a thin ribbon. I was allowed to make copies. It was interesting to read the letters of an ancestor who fought in the Civil War. In particular, his letters were used to detail the battle at Gettysburg. No news reporters had been there to record the events of the days. And neither could his...

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Media Rage versus Reality and Getting Fired from Fox News

This is relatively old news from almost a year ago. Old news about the media reporting versus reality. Politico carried an interesting article on the direction modern media is taking. The speculation regarding changes of staff and tone at CNN bring to mind the importance of ownership regarding media. There is another story here and one which I have adhered too over the years. Honesty and truthfulness. It may cost you over a short period of time....

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What’s Going On?

Poland, Hungary, Turkey, Russia, Israel, India, Italy, Brazil, …, and even the USA; around the world, we are seeing democracies lurching toward autocracy and/or theocracy. A hundred years from now, history will tell us what it was all about. It would help to know now. Though no common denominator stands out; one of the more common is religion. More specifically, it is right-wing religious groups either leading the charge toward theocracy or being...

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New Deal democrat’s Weekly Indicators for April 3 – 7

Weekly Indicators for April 3 – 7 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha.  Probably unsurprisingly, the big news this week was the effect of the revisions to the initial jobless claims data, and also the turning down of several sectors in the monthly jobs report. Anyway, as usual clicking over and reading will bring you up to the virtual moment as to the data, and reward me a little bit...

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CRFB’s FINAL ANALYSIS OF 2023 

CRFB’s FINAL ANALYSIS OF 2023  SOCIAL SECURITY TRUSTEES REPORT  Analysis of the 2023 Social Security Trustees’ Report, Committee for a Responsible Federal Budget, Social Security Dale Coberly: I reported a few days ago on CRFB’s “preliminary analysis” of the 2023 Social Security Trustees Report.  I hoped to show then that though CRFB reported “true” facts, they surrounded those facts with misleading language intended to promote hysteria...

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Private Equity and Hospital Acquisitions

This is another extension of what happens when private equity gets involved in business. Hospitals are more important as it has an impact on the neighborhoods around them. If one dies, the local neighborhood is stranded. Good article on just that topic. Private Equity and Its Hospitals, Washington Monthly, Merrill Goozner “Safety net hospitals” serve communities like those in Delaware County, Pennsylvania. Finance companies serve themselves....

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