Tag: economic profits

[2022] The Dark History of Medicare Privatization

Tina Marie (Ms. Cat)

Medicare Advantage was supposed to be a money-saver. It’s now become a costly, unaccountable cash cow for private insurance companies that is swallowing traditional Medicare.

The Dark History of Medicare Privatization

Related:

Medicare goes “woke”?! 😉

CMS Unveils ACO REACH: What you Need to Know

The Geo Direct Contracting model is scrapped, and ACO REACH is replacing GPDC…

A new incentive will help to address health equity.

Blue Cross Blue Shield Association

Blue Cross and Blue Shield insurance companies are licensees, independent of the association and traditionally of each other, offering insurance plans within defined regions under one or both of the association’s brands. Blue Cross Blue Shield insurers offer some form of health insurance coverage in every U.S. state. They also act as administrators of Medicare in many states or regions of the U.S.

Argentina election 2023: what you need to know

Tina Marie (Ms. Cat)

The vultures are ready to “make the economy scream” if Javier Milei wins!*

Argentina election 2023: what you need to know

Far-right libertarian Javier Milei is leading the polls ahead of Argentina’s Oct. 22 presidential vote, but it remains a tight race between the top three candidates, three surveys showed.

Related:

Argentina election: from peso to dollar?

But dollarisation would also mean immediate recession and slump. It would have to start with a massive devaluation of the domestic peso monetary base. In a very optimistic scenario, if Argentina received a loan of say $12 billion from the IMF and used $5 billion as a reserve for the banking system and $7 billion to dollarise the monetary base, the domestic peso monetary base would still have to be reduced by nearly 400%. Argentine salaries (then in US dollars) would become among the lowest globally and poverty would rise to unprecedented levels. And Argentina is already in a recession with real GDP expected to drop by around 2% this year. So either way: peso or dollar, Argentine households would pay the price in living standards.

…

Desperation has driven many Argentines to consider a ‘libertarian, anarcho-capitalist’ as president. If this were to happen, it will be going down another blind alley. Argentina’s capitalist economy will continue to fail.

Just scratching the surface:

Read More »

As Biden Scrambles to Save Suppliers, UAW Limits Strike’s Impact

Tina Marie (Ms. Cat)

Last night’s announcement by UAW President Shawn Fain that the union would initially only strike at three non-strategic plants has confused many in the labor movement. The announcement comes as the Biden Administration has stepped in to stop the strike from spread and protect its $15 billion investment in transitioning the auto parts industry to make electric vehicles.

As Biden Scrambles to Save Suppliers, UAW Limits Strike’s Impact

The Phony War on American Culture

Tina Marie (Ms. Cat)

The Phony War on American Culture

Consider how gender is one focus of their culture war campaign. Transgender people hardly affect our personal lives, despite the Republican campaigns to make it a voting issue. In America, only 1.3 million adults and 300,000 children identify as transgender out of a population of 332 million. Only 36 transgender athletes compete in college sports that include over half a million participants. Yet the Republican legislature in Kansas recently banned transgender girls from female high school sports, despite having only three transgender girls out of 41,00 competing in the state. Indeed, they should be respected and accommodated in some way. Yet, GOP legislators are considering a flood of bills to restrict transgender behavior, flooding email boxes with requests for donations, blasting isolated events on Fox News, and making them campaign issues.