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Business, Economics, and Taxes: Eat Cereal for Dinner

Assassination gets sh-t done.

A spokesman for Atrium Health provided a statement saying the mission of its parent company, Advocate Health, “is to provide access to high-quality care for everyone in the communities we serve, no matter their financial circumstances.”

“As a leader in health care, we have long been committed to programs that help people struggling with medical debt,” the statement added. “Removing judgment liens on homes to recover unpaid medical bills was a natural next step in our continuing efforts to make sure patients aren’t burdened by medical costs.”
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Handyman said:
I read a Reuters article about the CEO of health care companies reactions...they still don't get it. And there is no way silver spoon pr!cks like Anderson Vanderbilt...Cooper get it either.
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It is obvious to anyone without a trust fund or a New York Times subscription that every American viscerally hates these people. I'm sure they have kidded themselves for years that they are admired as the "producer class," or that at worst they are envied.

But no, we all think they are sociopathic scum, and we are not fooled for an instant by the lies they have told themselves. The only thing holding back a full-on bloodbath is legal repercussions. And perhaps they have so exceeded the limits of human patience that even there the dam is breaking.

I have a different view of these people because I know them from the inside. I was not one, but I was literally in the neighborhood. I grew up going to their houses, dating their daughters, going to school with their children (I didn't see them in class a lot, but they were there at graduation with a job waiting). They do not have a connection with normal trash bag human folk. I mean, neither did I until I did a combination of deliberately choosing not to go that route and a decade-long exercise of spectacular career and personal self-sabotage. To the extent they think about 9-to-5ers at all, they think of them either patronizingly in a Common People way, or just outright with disgust the way, well, admittedly, it's hard to avoid even when you get to know them.

But. They had no idea they are hated, because they live surrounded by people and institutions that suck up to them. And now they understand that the 99% considers them clownish parasites. And I think that may be an improvement at least to the extent now they fear for their basic quotidian survival.
 
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Kepler said:
It is obvious to anyone without a trust fund or a New York Times subscription that every American viscerally hates these people. I'm sure they have kidded themselves for years that they are admired as the "producer class," or that at worst they are envied.

But no, we all think they are sociopathic scum, and we are not fooled for an instant by the lies they have told themselves. The only thing holding back a full-on bloodbath is legal repercussions. And perhaps they have so exceeded the limits of human patience that even there the dam is breaking.

I have a different view of these people because I know them from the inside. I was not one, but I was literally in the neighborhood. I grew up going to their houses, dating their daughters, going to school with their children (I didn't see them in class a lot, but they were there at graduation with a job waiting). They do not have a connection with normal trash bag human folk. I mean, neither did I until I did a combination of deliberately choosing not to go that route and a decade-long exercise of spectacular career and personal self-sabotage. To the extent they think about 9-to-5ers at all, they think of them either patronizingly in a Common People way, or just outright with disgust the way, well, admittedly, it's hard to avoid even when you get to know them.

But. They had no idea they are hated, because they live surrounded by people and institutions that suck up to them. And now they understand that the 99% considers them clownish parasites. And I think that may be an improvement at least to the extent now they fear for their basic quotidian survival.
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Makes me think of the Fight Club quote: “Look, the people you are after are the people you depend on. We cook your meals, we haul your trash, we connect your calls, we drive your ambulances. We guard you while you sleep. Do not... **** with us.”
 
Handyman said:
And they are only doing it because they found a more efficient way to get the money. We just don't know what it is.
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What’s ironic is the BCBS reversal announcement in the anesthesia case helps doctors/hospitals, while simultaneously hurting patients. I think dx or someone else partially touched on that.
 
psych said:
What’s ironic is the BCBS reversal announcement in the anesthesia case helps doctors/hospitals, while simultaneously hurting patients. I think dx or someone else partially touched on that.
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Yeah, I think a point that a lot of people forget is that insurers are there to keep doctors and hospitals honest. It sucks that insurers also mega assholes that have a profit motivation. But one battle at a time.
 
That's what Christmas is all about, Charlie Brown.

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I'm putting the drone stuff here because 1% of my money says they are a viral marketing campaign.

The other 99% says they do not exist and this is a mass panic.
 
It's a mass panic. They've been identified as small tilt rotor or helicopter prototypes. They'be also identified one as a FedEx DC-11, which was not "the size of a school bus"

people are archidiots.
 
"Here's what's behind the Dow's epic losing streak"

Jesus, I don't need to pay to know why. Rich folk see what's coming with the tariffs and deportations, and are locking in their gains and moving their money to safer investments that will hold their value during an economic downturn.

Then when the economy hits bottom, they'll use that money to buy up market share for their business cheap, and further monopolize their industry, so they can charge more for their product.
 
"Here's what's behind the Dow's epic losing streak"

Jesus, I don't need to pay to know why. Rich folk see what's coming with the tariffs and deportations, and are locking in their gains and moving their money to safer investments that will hold their value during an economic downturn.

Then when the economy hits bottom, they'll use that money to buy up market share for their business cheap, and further monopolize their industry, so they can charge more for their product.
 
rufus said:
"Here's what's behind the Dow's epic losing streak"

Jesus, I don't need to pay to know why. Rich folk see what's coming with the tariffs and deportations, and are locking in their gains and moving their money to safer investments that will hold their value during an economic downturn.

Then when the economy hits bottom, they'll use that money to buy up market share for their business cheap, and further monopolize their industry, so they can charge more for their product.
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I keep telling people this and I get looks like I am reciting Qanon to them. The second Warren Buffett starting selling and creating a warchest it became clear what was going on...and that was like 3 days after the election!

The other thing that is going to happen is that Bezos and Bill Gates are going to start buying up more farmland when the tariffs and lack of workers starts causing massive bankruptcies. (especially if Johnson can't get the Farm Aid Bill voted on as part of the budget)
 
rufus said:
Jesus, I don't need to pay to know why. Rich folk see what's coming with the tariffs and deportations, and are locking in their gains and moving their money to safer investments that will hold their value during an economic downturn.

Then when the economy hits bottom, they'll use that money to buy up market share for their business cheap, and further monopolize their industry, so they can charge more for their product.
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I went in early this morning and pulled my portfolio out of several companies that do lot of business in/with China and Mexico until we see whether or not the tariffs come to pass. No reason I can't follow a similar strategy, at least in the near term. I'm not "institutional investor rich", but it's still good to be a somewhat privileged white dude.
 
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