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  1. M

    tax the rich for health care

    Most of you have drunk the kool aid which is that we can't contain cost without somehow reducing the quality of care and access to that care. This is wrong but it is the assumption that politicians want you to buy in to as it will justify them doing stupid things like increasing taxes or...
  2. M

    tax the rich for health care

    How about tort reform so medically uneducated juries emotionally manipulated by shysters do not set the standard of care in this country based on ruling out outliers? Doesn't cost taxpayers a dime and would result in massive savings to the tune of hundreds of billions. Instead these geniuses...
  3. M

    Unemployment Benefits By State

    This explains an incident that I witnessed the other day here in metro west Boston. I was at a neighbor's party and all their family was over, poor relations included, and I was speaking to the family's matriarch and her sisters when this young kid comes over and tells the old dears that he was...
  4. M

    Goldman Sachs Trading Unit.....Interesting Developing Story

    http://bloomberg.com/apps/news?pid=20601109&sid=aKZP.X9ayMr4 “The bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways,” Facciponti said, according to a recording of the hearing made public...
  5. M

    Goldman Gets To Regulate Oil Futures ?

    Reading crap like this takes me back to the Carter years.
  6. M

    US futures brokers fear new capital rules

    Right, because it was future's exchanges that blew up and needed government back stops not unregulated non futures non exchange products! They want to fix the one exchange traded product that isn't broken, typical. I was wondering how long it would take for something like the PDT rule to hit...
  7. M

    Here's How Bad June 09 Car Sales Were (They Were Extremely Poor)

    http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSN0150682420090701 http://www.google.com/hostednews/ap/article/ALeqM5hSs7lVAdUjBFBrjv811VNdmmWbJAD995P0PG1
  8. M

    China's banks are an accident waiting to happen

    No doubt the Chinese would say, hey if the American banks and people can get away with it why not the Chinese banks too?
  9. M

    We Will Not Go Quietly Into The Night!

    Great points and this is definitely a component of the solution.
  10. M

    We Will Not Go Quietly Into The Night!

    I disagree, if we were able to reduce health care costs by even 15% and keep the current pay ins the system would have another 50-60 years before it went insolvent vs the current 10. If we were to reduce costs by 30% we are talking about hundreds of years.
  11. M

    We Will Not Go Quietly Into The Night!

    Point well taken, however in many cases someone who is out of it mentally would not be eligible for something like a heart transplant and many of these folks are DNR, still it is a valid point as they certainly receive other high cost care from drugs to ED and ICU visits. Usually it is the...
  12. M

    We Will Not Go Quietly Into The Night!

    I respectfully completely disagree with you ByLo that this is the choice that we have to make. When at least 40% of the money spent on healthcare in this country goes to people who have nothing to do with the act of providing care and in many cases hinder that process I think that there is room...
  13. M

    Swine Flu: At Least 1 Million in Just U.S. Infected; Higher % Being Hospitalized.

    Ian, very sorry for your loss. Glad you are feeling better ByLo. We also had it but were expecting to get it and had a supply of tamiflu on hand. My wife and I took the tamiflu the day symptoms showed:fever, wet raspy cough, nausea, and while we felt like crap for several days and those...
  14. M

    Wall Street Begins Campaign to Thwart ‘Populist Overreaction’

    Case in point: http://www.minyanville.com/articles/GS-WMT-TGT-C-citigroup-BRK/index/a/23284
  15. M

    New US Tax Model

    You are right, and the solution really is this simple. Unfortunately the vested interest of so many with power and money is not aligned to this solution.
  16. M

    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    While I am fairly sure at this point that adjusting for dollar depreciation we will take out March lows we may be headed higher 1st. We all know Q1 was a very profitable one for the IBs and chatter is now starting that Q2 was one for the record books. This could push or keep the the market up as...
  17. M

    US households may take 15 years to rebuild wealth

    A teabag! All that passion and vehemence and all he wants is a tea bag! How about stand for office? Start a political party or take over one locally? Illegal immigrants are a red herring and a low way to incite jingoistic fervor. They don't keep America back, massive subsidies and tax breaks...
  18. M

    You make the call! How many dead and injured this month by The Religion of Peace?

    Its not like there aren't plenty of Christians (insert whatever religion you want) who would like nothing better than to kill a bunch of people they consider evil if they could get away with it, history is full of examples. Religion is by definition irrational.
  19. M

    A Tale of Two Depressions

    They have it right, CRE is still being held on the books 20-40% higher than what it will sell for and lots of subleasing going on keeping lease rates low. CBG is currently one of my favorite shorts.
  20. M

    A Tale of Two Depressions

    http://www.globest.com/news/1433_1433/chicago/179280-1.html
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