Saudis say US sought 1 month delay of OPEC+ production cuts

DUBAI, United Arab Emirates (AP) — Saudi Arabia said Thursday that the U.S. had urged it to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month. Such a delay could have helped reduce the risk of a spike in gas prices ahead of the U.S. midterm elections next month.

Saudis say US sought 1 month delay of OPEC+ production cuts

Related:

Saudi Arabia Defied U.S. Warnings Ahead of OPEC+ Production Cut

The one-month delay requested by Washington would have meant a production cut made in the days before the election, too late to have much effect on consumers’ wallets ahead of the vote.

To entice the Saudis to delay their decision, U.S. officials told the kingdom they would buy oil on the market to replenish Washington’s strategic stockpiles if the price of Brent, the main international benchmark, fell to $75 a barrel, according to U.S. officials and people inside the Saudi government.

Quid pro quo, huh?! 🧐💭

Health Insurance Whistleblower: Medicare Advantage Is “Heist” by Private Firms to Defraud the Public

Many of the nation’s largest health insurance companies have made billions of dollars in profits by overbilling the U.S. government’s Medicare Advantage program. A New York Times investigation has revealed that under the Advantage program, health insurance companies are incentivized to make patients appear more ill than they actually are. Some estimates find it has cost the government between $12 billion and $25 billion in 2020 alone. We speak with former healthcare insurance executive Wendell Potter, now president of the Center for Health and Democracy, who says Medicare Advantage will be recognized in years to come as the “biggest transfer of wealth” from taxpayers to corporate shareholders, and blames the lack of regulation over the program on the “revolving door between private industry and government.”

Health Insurance Whistleblower: Medicare Advantage Is “Heist” by Private Firms to Defraud the Public

Related:

‘The Cash Monster Was Insatiable’: How Insurers Exploited Medicare for Billions (archived)

EU Pushes For More Sanctions Which Will Come Back To Bite It

On February 22, two days before Russian troops entered the Ukraine, the U.S. and the EU put reams of sanctions onto Russia. They also confiscated some $300 billion of Russia’s reserves that were invested in the ‘west’. The sanctions had been negotiated between the EU and the U.S. and prepared for over several months.

EU Pushes For More Sanctions Which Will Come Back To Bite It

The Onion Files Hilarious Amicus Brief In An Important Case, And Actually Makes A Key Point In The Best Way Possible

from the put-the-onion’s-editorial-board-on-the-supreme-court dept

Tue, Oct 4th 2022 10:45am – Mike Masnick

In most cases, it does not do you any good to try to be funny in legal filings. In most cases, judges will not be that amused (even if those same judges sometimes try to make jokey rulings). In the world of the courts, the judges can be funny, but no one else should try. But every so often it works. The ACLU’s Eat Shit, Bob filing, for example, was pretty good.

The Onion Files Hilarious Amicus Brief In An Important Case, And Actually Makes A Key Point In The Best Way Possible

H/T: Steve Lehto

Related:

The man who wrote the Onion’s Supreme Court brief takes parody very seriously

Ohio Man Arrested and Prosecuted for Facebook Joke Appeals to Supreme Court

Biden administration scales back student debt relief for millions amid legal concerns

Biden administration scales back student debt relief for millions amid legal concerns

But there are significant business interests that depend on the federally guaranteed loan program — a wide range of private lenders, banks, guaranty agencies, loan servicers and investors. That industry is widely seen, both inside and outside the administration, as presenting the greatest legal risk to the debt relief program.

Many of those companies face economic losses when they lose borrowers who convert their federally guaranteed loans into new loans that are made directly by the Education Department through a process known as consolidation.

Can’t afford to lose those campaign donations!

[2017] Why vaccine manufacturers are exempt from liability

In 1986 Congress passed the National Childhood Vaccine Injury Act (NCVIA), creating a no-fault compensation program to stabilize a vaccine market adversely affected by an increase in vaccine-related lawsuits and to facilitate compensation to claimants who found pursuing legitimate vaccine-inflicted injuries too difficult and cost prohibitive.

Why vaccine manufacturers are exempt from liability