Author, Doctor, Speaker, Joseph Bentivegna

Doctor Bentivegna is an ophthalmologist living in Connecticut. He has written numerous op-ed pieces for The Hartford Courant and The New York Times regarding health care, tort reform, and the political situation in Haiti.

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GameShop Fiasco Shows the Ruling Class Grifters are Back

        Well that didn’t take long. Just one week into the Biden presidency, America’s ruling class has put the hoi polloi in its place by bailing out a flailing hedge fund because a bunch of COVID-bored bloggers and small investors were about to push it into insolvency.       First, some background. In May of 2020, the car rental company Hertz filed for bankruptcy sending its share price to 56 cents. Day traders decided to start bidding up the price, increasing it ten-fold. It was not because these day traders thought the stock should be worth more. It was because they hoped they could buy it, let suckers buy it for more, then dump in for a nifty profit – a practice called “pump and dump.” Think if it as playing musical chairs, only the last person sitting in the chair is the loser, not the winner.       Fast forward to today. Day traders decided to do the same with a stock called GameShop. GameShop sells video games from retail outlets in malls – a business model that is slightly better than manufacturing buggy whips and … [Read more...]

Predictions for 2021

         Once again, it is time to embarrass myself and predict what will happen in 2021. But unlike most pundits who hope you will forget their previous prognostications, I will review predictions for 2020.       1. The stock market will gain around 5%. Correct (Dow up 6% but S&P up 15%).       2. Bernie Sanders will be the Democratic nominee. Incorrect, but he was robbed       3. President Trump will win reelection. Incorrect, but he was robbed.       4. The Republicans will hold the Senate. Technically correct but this could change with the Georgia races.       5. The Republicans will retake the House. Incorrect       6. LSU will win the national football college championship. Correct       7. The Baltimore Ravens will win the Super Bowl. Incorrect, the Kansas City Chiefs won.       As usual, my predictions are … [Read more...]

Political Arbitrage Can Soothe Our Polarized Country (Satire)

        Do you despise President Trump so much that you are bewildered that he received 63,000,000 votes when you can’t fathom how he received even one? Do you seethe with rage when he threatens to ignore the election results because of “fraudulent” mail-in ballots? Are you apoplectic that the antiquated Electoral College enabled him to become president after losing by 3,000,000 votes? Does your blood pressure surge to stratospheric levels as he as he gives lifetime judicial appointment to conservative ideologues that are barely out of diapers?       Are you a hard core Trumpster who is bewildered that virtually every poll shows your man is about to go down? How can anyone vote out a president that presided over three years of peace and prosperity until he had bad luck with COVID? How could anyone vote for a corrupt career politician that has flip-flopped on every issue in the past 47 years? How can anyone vote for someone who wants to confiscate your guns, defund the police and allow rioters to threaten your family as your 911 call goes to an … [Read more...]