Medicare

...And Now For The Bad News

This is the most important thing to understand about US federal government spending: the built-in costs are so extreme that they can’t possibly make ends meet. And the problem becomes worse each year...

FBI Alleges Another Insider Trading Case Involving "Consultants"

Prosecutors allege that a former employee at the US Centers for Medicare and Medicaid Services, David Blaszczak, 41, working with a current employee at CMS at his Washington, DC-area consulting firm, provided insider trading information to Deerfield.

Frontrunning: May 25

  • World stocks hit record after Fed minutes (Reuters)
  • OPEC extends oil output cut by nine months to fight glut (Reuters)
  • Father and Brother of Manchester Bomber Arrested in Libya (BBG)
  • In testing Montana vote for Trump, Republican caught up in brawl (Reuters)
  • NATO to Take New Counterterrorism Measures (WSJ)

Cost Of Universal Healthcare In California: A Mere 2x The State's Entire Annual Budget

Back in February, a gaggle of California Senators introduced Senate Bill 562, a publicly funded universal healthcare system otherwise conveniently marketed as "The Healthy California Act"...because who in their right mind would oppose Californians being healthy?  Presumably "The California Single-Payer Healthcare System, Courtesy of A Back-Breaking $400 Billion Tax, Act" was passed over because the truth isn't quite so 'marketable' in this particular case.

The Final Show Of The Greatest Country On Earth

Yesterday, the Greatest Show on Earth held its final performance in Uniondale, New York, after 146-years in the business. A century ago this would have seemed impossible... And just like how people viewed Ringling Brothers 100-years ago, it’s difficult for anyone to imagine a world in which the US isn’t the dominant superpower...

Frontrunning: May 16

  • Trump Says He Has ‘Absolute Right’ to Share Terrorism Facts with Russia (WSJ)
  • Russia's response: don't read U.S. newspapers (Reuters)
  • How the Democrats Are Trying to Beat Back Trump (BBG)
  • Trump to Join Pence in Disclosing 2016 Financial Information (BBG)
  • Clue in Ransomware Cyberattack Points to a Group Linked to North Korea (WSJ)