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Contents contributed and discussions participated by Mike Ch

Mike Ch

Health Care Reform Part 13--Baucus Plan = Health Insurance & Big Pharma Profit Enhancem... - 0 views

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    The Baucus Bill has now been kicked to the curb by almost everyone who's heard anything about it. And rightly so. I'm going to kick it a little more myself, and give some specifics for doing so. In general, the Baucus bill has nothing to offer anyone, other than the health insurance industry.
Mike Ch

Financial Industry: "Bigger-Than-Too-Big-To-Fail" - 0 views

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    On Sept. 13, 2009, Bloomberg published an article about Joseph Stiglitz'a recent assessment of the economy, in which he maintains that the banking crisis is actually worse than it was in 2007. The "too-big-to-fail" situation has actually worsened.
Mike Ch

Health Care Reform Part 12--Lies: Cost Shifting - 0 views

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    Health Insurance Companies continue to perpetuate the fairy tale about "cost-shfting"--the notion that the cost of uncompensated care for the uninsured is "shifted" onto the backs of insurance companies and their enrollees. This is an outright lie, and a whopper at that.
Mike Ch

Health Care Reform, Part 11--Costs: "Affordability Credits" - 0 views

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    HR 3200's costs are due almost entirely to the Affordability Credits. The language pertaining to these credits is confusing and difficult to follow--possibly by design. Unlike IRS or tax credits which are defined and have limits, these Affordability Credits, which are subsidies to Insurance Companies, have NO limits.
Mike Ch

Bad Employment Report Even Worse Than It Appears - 0 views

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    Despite the Corporate media's overly optimistic and distorted reporting of today's employment report, the news was not good at all. The economy continues to lose jobs at a rapid rate. And without the multiple statistical manipulations used to concoct today's report, job losses in August would have been almost -300,000 or more.
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