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I Think, Therefore I Blog ~ Life. People. Writing. Books. Internet. Politics (sometimes). Big Questions, Little Questions, Food.

Archive for the 'Economy' Category

ACORN and the Daily News

September 18th, 2009, 11:21 am by fsherman

From today’s editorial, supporting the cutting off of funding: “ACORN employees offered advice on how to game the home loan system.”

And countless bankers and loan officers did the same, yet strangely enough, I haven’t heard the Daily News make half as much an outcry.

Don’t get me wrong, if ACORN has problems and the allegations hold up, investigations and maybe defunding are appropriate. But Congress is cutting off money to an organization that collects about $3.5 million a year while ignoring considerably greater ripoffs and fraud from the people who actually have clout. Not much of a triumph.

How not to cut medical spending

September 15th, 2009, 2:41 pm by fsherman

I’ve noticed two or three pundits and letters to the editor this week explaining that malpractice reform MUST be part of the solution to kill all those unfair lawsuits.
Curiously enough, none of these writers suggest that we should you know, cut malpractice. Or encourage doctors, who are notorious for defending their own, to report and oust the bad ones (a majority of malpractice suits target a minority of doctors).
And there’s no suggestion that medical advertising might play just as big a role as “defensive medicine” (ordering lots of tests so you can prove you did the right thing by your patient). Pretty much every issue of Men’s Health touts some amazing new test “that can save your life” because even if all the standard tests say you’re fine, this can check better for heart disease/cancer/whatever. No discussion of percentages, costs, anything—it’s like a medical services advertorial.
But of course, criticizing doctors or the medical industry would imply that they might be (gasp!) doing some things wrong. Much better to stick with the corporate truisms that all those lawsuits are from greedy grasping people and have absolutely no basis.

Wow, who would imagine this?

September 15th, 2009, 1:23 pm by fsherman

Columnist Byron York on resurgent fiscal conservatism on the right: “Republicans have again found their voice on fiscal discipline. And some of them wish they had been more outspoken when a president of their own party was in the White House.”

So in other words, when a Democrat gets in, Repubs suddenly don’t want the government spending money. In contrast to the Bush years, when the war bills in Iraq, the drug-benefit for Medicare and the tax cuts sailed through without a peep.

This seems less like a case of conservatives being tight money managers and more like well, politics.

No, not quite

August 27th, 2009, 12:27 pm by fsherman

In his letter to the Daily News today, Ronald Rodda of Shalimar explains why allowing people to buy health insurance even with “pre existing conditions” is a bad idea: If the condition is pre-existing, it’s no different than allowing someone to buy fire insurance, then filing a claim for a fire that’s already occurred.

Bollocks.

Pre-existing condition doesn’t mean you can bill the insurer for earlier medical treatment, it means you can get coverage for future medical treatment, even if it stems from some problem you had (weak heart, asthma, psoriasis) at the time you took out the policy.

Under the current rules, insurers routinely exclude people who have a wide variety of pre-existing conditions. Which is understandable–they make more money if their clientele is in good health–but not very good for the people who want insurance.

Getting you coming and going

August 25th, 2009, 4:01 pm by fsherman

In the ongoing quest for new fees, T-Mobile has come up with a good one: $1.50 if you want a paper bill (extra if you want details of the calls) according to Mouse Print .
As one commenter says, what if you’re one of the people who still doesn’t have a computer to get an online bill?

A bit more on Ron Hart’s latest

August 21st, 2009, 12:21 pm by fsherman

•”The reason they are liberal is that they have an innate guilt about the source of their fortune. They feel their money is unearned and is accompanied by the knowledge they have not accomplished anything tangible.”
So the CEOs and financial “wizards” who make big bonuses while running companies into the ground are liberals? Who knew! Yet amazingly, they seem to have no guilt whatsoever about their unearned money and Hart doesn’t seem bothered either.
•” These same Democratic strongholds, like the ones that manufactured votes so Al Franken could steal the election from Norm Coleman (a health warning to Minnesotans: if an election lasts more than four months, consult your doctor), will be at work again via taxpayer-funded, ACORN-type groups, to support Obama in the next election.”
Umm, any actual evidence? Probably not, “Democrats steal elections” is one of those Republican talking points Hart likes to parrot.
•”The 17-year mayor of Memphis, Willie Herenton, is so arrogant that he stepped down three months before his term ended, causing the city to spend $1.5 million it does not have to facilitate a run-off election. ”
Funny, that sounds just like Sarah Palin, doesn’t it? I have a strange feeling that if she runs for office, Hart will be talking about what a great candidate she is, not how “arrogant” she was for stepping down. Time will tell if I’m right.

Vested interests

August 21st, 2009, 11:53 am by fsherman

It’ll come as no surprise to anyone reading this blog that I’m solidly in favor of putting the Gitmo prisoners into the federal system.

Nevertheless, it’s unsettling that one of the main arguments in Michigan for bringing them into a prison in Standish is that otherwisethe prison will have to close.

Eisenhower warned us, correctly, about the military-industrial complex; military spending is based as much on its role as a cash cow as military need. As witness that we have Florida politicians who’ll blast the federal government for overspending, then turn around and fight like a cornered badger to stop the federal government from cutting Florida’s defense industry.

Same with prisons. I’ve read several articles over the years where prison-guard unions protested at any attempt to loosen drug laws or three-strike rules; locking people up isn’t just justice or deterrence, it’s once again, a cash cow. A prison-industrial complex.

Sun power!

August 19th, 2009, 11:27 am by fsherman

A very good article in Christian Science Monitor on solar power.

This is neat

August 18th, 2009, 12:05 pm by fsherman

A Christian Science Monitor article on activists taking fresh produce into “food deserts,” inner-city area where there’s nowhere to buy fruit or veggies.

Money for organs (and your checks for free?)

August 10th, 2009, 12:22 pm by fsherman

Today’s Daily News editorial argues in favor of changing U.S. law to allow payment for organ donations. The rationale is simple: There aren’t enough organs donated, paying would increase the supply and it “could be implemented with appropriate safeguards.”

I have mixed opinions. On the one hand, they have a point. On the other, will this turn into a system where the guy who has lots of money gets to scoot ahead of the guy who needs a transplant more? Right-wing pundit Walter Williams has argued it’s ridiculous to base priority on who needs it rather than who can pay for it most (and if you don’t have the money to compete, he says, just take out a second mortgage or sell your car!), but I don’t agree, any more than someone in the E/R with a lot of money and a sprained wrist should be able to pay to get ahead of someone with no money and pneumonia.

Second, this will basically turn into using poor people as organ banks for rich people, which I find dreadfully creepy (I don’t know that I’d advocate banning on that point alone, though).

Third, if the issue is increasing the supply of donations, there are other ways: Places that use “opt out” forms — e.g., when you take out your driver’s license, you’re automatically a donor unless you request not to be—have a much higher level of participation (this is true of “opt out” generally).

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