Gainesville, Fl. (Special to Informed Comment) – In the United States government has been privatized by the Citizens United ruling of the SCOTUS. Government is now really up for sale and auctioned off to the highest campaign contributors.The Supreme Court ‘Citizen’s United’ decision opened the floodgates for big money in our politics, allowing giant corporations […]
Big Pharma spent more on Stock Buybacks and Dividends than on Research and Development even during COVID
Gainesville, Florida (Special to Informed Comment) – The 14 largest publicly-traded pharmaceutical companies spent $747 billion on stock buybacks and dividends from 2012 through 2021 — substantially more than the $660 billion they spent on research and development. So argue economists William Lazonick, professor emeritus of economics at University of Massachusetts, and Öner Tulum, a […]
Parasitic Private Equity is Consuming U.S. Health Care from the Inside Out
Gainesville, Fl. (Special to Informed Comment) – Private equity has succeeded in depicting itself as part of the productive economy of health care services. even as it is increasingly being recognized as being parasitic. The essence of this toxic parasitism is not only to drain the host’s nourishment, but also to dull the host’s brain […]
How Medicare for All would also be a Huge Investment in America’s Mental Health
Gainesville, Florida (Special to Informed Comment) — The Affordable Care Act (ACA) was supposed to contain costs and make insurance for health / mental health care affordable. It did bring coverage to 20 million but 30 million remain uninsured. Data indicate that the bad outweighs the good. It’s too expensive, unsustainable, overly complex and bureaucratic. […]
Why we Should Celebrate Medicare’s 57th Birthday by Enacting Medicare for All
Gainesville, Florida (Special to Informed Comment) — On July 30. 1965, Congress enacted Medicare under Title XVIII of the Social Security Act to provide health insurance to people age 65 and older, regardless of income or medical history. President Lyndon B Johnson signed the Medicare Act into law and created two new programs, Medicare for […]
Medicare still Superior at Age 57
Gainesville, Florida — On July 30, 1965, US President Lyndon B Johnson signed the Medicare Act into law. The law created two new programs, Medicare for those who had reached the social security retirement age of 65 years, and Medicaid for those whose incomes were below specific levels. In the long history of struggles to […]
People Die as Weapons Industry Profits
Gainesville, Florida (Special to Informed Comment) – Citizens are waking up to the fact that so many politicians can be so easily bought by the weapons industry, an industry that doesn’t care how many people must die to protect their huge profits. SafeHome.org reports that after a record year in 2020, gun sales in the […]
Is the Government Stealthily Privatizing Medicare without Telling You?
Gainesville, Florida (Special to Informed Comment) – ALERT TO ALL ENROLLEES IN THE TRADITIONAL MEDICARE PROGRAM : The Center for Medicare and Medicaid Services (CMS) plans to move all those in Traditional Medicare into a deceptively innocent “care relationship” with third party, for profit private middlemen without seniors’ knowledge or consent, and without congressional oversight. […]
Opioid Crisis: Purdue Pharma/ Sackler Family Fails in End Run around Justice
Gainesville, Florida (Special to Informed Comment) – In a seismic victory for justice and accountability that re-opens the deeply flawed recent September, 2020 settlement of the Purdue pharma bankruptcy case, the Sackler family will be forced to confront the pain and devastation they have allegedly caused. Judge Colleen McMahon of the U.S. District Court for […]
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