Spring is in the air and the wafts of prosecutions that are coming from the Justice Department and the office of Special Inspector General for the Troubled Asset Relief Program (SIGTARP) couldn’t smell any sweeter. From the Washington Post:… Read more...
Bring in the Criminologists
In May of 2009, Simon Johnson wrote in The Quiet Coup:
… Read more...If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break
The GM Bailout Payback Magic Trick
If you want to make millions the easy way, this would seem the way to go:
But, if you want to make billions the easy way, I suggest you use the easy GM Bailout Payback Magic Trick:
Step 1: Get … Read more...
~ Ignore the Warnings, Think Like a Winner and Have Hope
According to Medicare’s Office of the Actuary (that’s in the department of Health and Human Services) The Affordable Care Act (TACA aka Obamacare) may have serious side effects on American’s health and wallet (via AP). But don’t forget, in … Read more...
Just Another Dog and Pony Reform Show
We have all seen this show before.
You enter the tent and the first thing you see is a trainer with a group of dogs on one side doing amazing dog tricks. On the other side is a trainer with … Read more...
~ Surprise! Health Insurers ‘Reclassifying’ Expenses
Bet you didn’t see this one coming.
One of the cost control measures under the new health care law passed just last month was “medical loss ratio” floors that go into effect on January 1, 2011. The MLR floor requires … Read more...
~ An ‘Amused’ Taxpayer’s Thanks to President Obama
Dear President Obama:
Sorry I missed your speech at the Democratic fundraiser last week in Miami. I guess since I’m no longer a democrat, no one felt the need to invite me. It’s too bad, from all reports you were … Read more...
Note to Politicians: The Hows Matter
Amazing to think that even a year ago, a clear majority of Americans actually wanted health care reform. Of course, that was when we actually thought we had a chance of getting real health care reform. Not the the institutionalized … Read more...