I’ll never forget the grim visage on the face of my patient who had just lost his job of 28 years. He successfully fought back the tears as he described how he had no chance of finding another job that paid close to his previous salary level, even though he had two kids in college. […]
The Crazy Corporate Cannibalization of Health Care
Major financial interests, in their never-ending quest to plunder the middle class, have now turned their attention to health care. In fact, the for-profit HMOs (health maintenance organizations), according to a recent Wall Street Journal article, have a problem. They cannot figure out what to do with all the money they are making. Some analysts […]
Wall Street Speculators Saved by Bailout of the Mexican Peso
February 6, 1995 A populist revolt over the bail out of Wall Street speculators after the devaluation of the Mexican peso forced Bill Clinton to use his executive powers to rescue the Wall Street Welfare State. Three weeks ago, the bailout appeared to be a done deal with the leadership of both parties predicting swift […]