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How health insurance parasites inflate earnings per share

PNHP Blog: Why are insurers buying back their shares?

But when a corporation buys back stock, it is not for the purpose of contracting operations, but rather it is to pump up the per share value. It is not merely a coincidence that this increases the value of the large blocks of shares held by top management and the board of directors, by increasing the percentage of ownership in the company. New stock issues dilute ownership, whereas stock repurchases concentrate ownership.

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Helicopter Ben calls for looting our retirement

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FT

“The arithmetic is unfortunately quite clear. To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programmes such as Social Security and Medicare, less spending on everything else from education to defence, or some combination of the above.”

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The coming disillusion with the Health Care law

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Health care overhaul spawns mass confusion for public

"They're saying, 'Where do we get the free Obama care, and how do I sign up for that?' " said Carrie McLean, a licensed agent for eHealthInsurance.com. The California-based company sells coverage from 185 health insurance carriers in 50 states.

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Tasini campaign not 'fit to print'?

NYT Erases Progressive Senate Candidate

Over the course of the past year, the New York Times has provided ample coverage to a series of potential U.S. Senate candidates from New York--none of whom are actually running for office. Meanwhile, a candidate who is in fact challenging incumbent Democrat Kirsten Gillibrand in the September 2010 primary has been all but erased from the picture.

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Pelosi appoints 3 Democrats to the Steal Our Retirement Commission

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Pelosi Appoints Three House Democrats to President's National Commission on Fiscal Responsibility and Reform

WASHINGTON, March 24 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi today announced that she has appointed three House Democrats to President Obama's National Commission on Fiscal Responsibility and Reform. This commission will be responsible for working in a bipartisan way to propose steps to address our long-term debt, bring down the deficit, and ensure that the federal government returns to fiscal discipline.

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Hapsburgs attack the Romanovs

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Murdoch's Journal launches war against the New York Times

Rupert Murdoch "is engaged in a form of psychological warfare", writes the Washington Post's media commentator Howard Kurtz.

He argues that the decision by Murdoch's Wall Street Journal to publish a daily New York news and sports section is more than just a local dust-up with the New York Times.

Clearly the New York Times is vulnerable. Read below the fold...

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Our morally bankrupt public discourse

GUEST OPINION:The viability of health care reform

Now that the health care reform bill has been signed, it will face legal challenges in courtrooms.

However, the judges in these cases do not possess the authority needed to render a final verdict on health care reform. The success or failure of health care reform ultimately depends upon whether or not it conforms to economic laws, rather than with the opinions of judges. ...

Get that? The test is how it stacks up to economic laws (whatever they may be) not whether it saves lives or improves public health. Health, it seems, is irrelevant.

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Woman Sues Debt Collector, Wins $8.1 Million

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UPDATE II: Workbench responds to lambert, seems to be a legit story. 3 cheers for the jury and citizen journalism.

UPDATE: Cautionary note from lambert.

still, if you are in trouble, see a lawyer, if you cannot afford a lawyer, contact your local legal aide society.

Via the indispensable Susie: Workbench Read below the fold...

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Action Alert: Health Care 4 All PA meeting THIS WEEK

Pennsylvania Next Stop for Improved-Medicare-for-All Advocates

PDA national Field Coordinator Conor Boylan will be join Carpenter for meetings and events in the Keystone state April 8-10. Topics of discussion will include organizing support for HB1660/SB400 Pennsylvania's single-payer healthcare bill.

"We're looking forward to seeing colleagues and old friends, meeting new friends, and together advancing the cause of state improved-Medicare-for-all single-payer," said Boylan.

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Kandinsky

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Meanwhile in Vermont .... S.88

Letter to the Bennington Banner

Vermont Senate bill S.88 is legislation that will establish a single-payer health care system for Vermonters and Vermont businesses. Currently, S.88 has been favorably reported out of the Committee on Health and Welfare and referred to the Committee on Appropriations. The purpose of the bill is to provide universal health care access for all Vermonters by preserving existing health care infrastructure; eliminating unnecessary expenditures; establishing sufficient financing through equitable, fair, sustainable, broad based taxes; state run collective purchases of pharmaceuticals; reducing defensive medicine practices and making payments directly to health care providers.

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Down with the legacy parties

Hugh is done, Bruce is done, Rochelle is done. In fact there is at least anecdotal evidence that a significant part of the female volunteer base has already walked.

Mike Lux has an inkling that something is amiss, but clearly fails to comprehend the extent of it. Read below the fold...

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