I think most of us know about the evils of Big Pharma. What we need now is action to enjoin New York City from throwing retirees under the bus with a cheap Medicare Advantage plan.
The proposed 4% tax on stock buybacks is well intentioned but misguided. Instead, progressives must unite around a multi-pronged public information campaign. Its aim: to pressure the five members of the Securities and Exchange Commission to rescind Rule 10b-18, the so-called "safe harbor" rule that gives corporate criminals a get-out-of-jail-free card for perpetrating the blatant fraud of buying back their own shares — a sham transaction that (by definition) has no legitimate business purpose. Wendell Potter is right: this money should go back to you and me.
There is definitely some opportunity for corporate tax reform. I also suggest reforming some of the policies around health related organizations - insurers, med tech, administration, providers, etc. to incent coverage and care delivery at a lower cost. Health care has become a vehicle for wealth acquisition, i.e. private equity, venture capital, for-profit organizations and the investors in that space.
Most of us have health insurance? Really? I'd be curious to know how it has served anyone except the insurance companies. As for Medicaid - try filling out their paperwork, getting taken off and put back on if you make more than a pittance. This isn't insurance - it's all-American extortion and we do it so well. A kind of sanction at home.
I think most of us know about the evils of Big Pharma. What we need now is action to enjoin New York City from throwing retirees under the bus with a cheap Medicare Advantage plan.
The proposed 4% tax on stock buybacks is well intentioned but misguided. Instead, progressives must unite around a multi-pronged public information campaign. Its aim: to pressure the five members of the Securities and Exchange Commission to rescind Rule 10b-18, the so-called "safe harbor" rule that gives corporate criminals a get-out-of-jail-free card for perpetrating the blatant fraud of buying back their own shares — a sham transaction that (by definition) has no legitimate business purpose. Wendell Potter is right: this money should go back to you and me.
There is definitely some opportunity for corporate tax reform. I also suggest reforming some of the policies around health related organizations - insurers, med tech, administration, providers, etc. to incent coverage and care delivery at a lower cost. Health care has become a vehicle for wealth acquisition, i.e. private equity, venture capital, for-profit organizations and the investors in that space.
Most of us have health insurance? Really? I'd be curious to know how it has served anyone except the insurance companies. As for Medicaid - try filling out their paperwork, getting taken off and put back on if you make more than a pittance. This isn't insurance - it's all-American extortion and we do it so well. A kind of sanction at home.
Thank you for reporting on this!