Category Archives: Ridiculously obvious scams

Hospital ‘Trauma Centers’ Charge Enormous Fees to Treat Minor Injuries and Send People Home

The trauma center ripoff provides more evidence that the medical industry is primarily in the business of exploitation, not care.

Biden Targets Non-Compete Agreements, Which Restrict the Job Opportunities of Millions of Low-Wage Workers

Biden goes after non-compete agreements….but will this effort make a difference?

Robinhood’s Revealing Ad Pitch: We’re All Investors, Alone

The latest Robinhood campaign is more raspberry than rah rah.

A Curious Union: Covid, Clorox, Cleveland Clinic, and the CDC Foundation

Cleveland Clinic’s and the CDC Foundation’s unsound Clorox sponsorship confirms that the US has the best medical system that money can buy.

Michael Hudson Discusses Financialization, Rentierism, and Other Favorite Topics with Jessi Ora of Swedish Positiva Pengar Group

Michael Hudson gives another wide-ranging, tour de force interview. Enjoy!

Steve Wozniak Endorses the Right to Repair

Last week, President Joe Biden and Apple co-founder Steve Wozniak endorsed the right to repair.

Kentucky Retirement System Litigation Against KKR, Blackstone, PAAMCO et. al. Takes New Class Action/Civil RICO Twist

Those pesky lawyers behind Mayberry v. KKR won’t give up! And some private equity titans are likely plenty unhappy about that.

Understanding the Opioid Epidemic: When Innovation Fails, or Rather Works Too Well

The opioid crisis provides a deadly example of why innovation often is simply a new-fangled form of predation.

Purdue Bankruptcy Plan Moves Closer to Approval: Sacklers Would Make Out Well and Preserve Much of the Family Fortune, Despite the Opioids Crisis

Last week fifteen states dropped opposition to Purdue Pharma’s bankruptcy exit plan, making it likely the plan will be approved when it comes before a federal bankruptcy judge in August.

Drugmakers’ Spending on Stock, Dividends and Executive Pay Exceeds Research, Democrats Say

The largest drug companies are far more interested in enriching themselves and investors than in developing new drugs, according to a House committee report released Thursday

Book Review: The History of Animal-Based Medicine in China

Even critics of animal-based potions in China don’t understand its origins….which means they may be easier to contain than is now assumed.

Moving the Covid Vaccine Goalposts

The Covid propagation and vaccine news is not pointing to happy outcomes

Wall Street Journal Fingers Columbia as Leader in Grad Students Whose Student Debt Leaves Them ‘Financially Hobbled for Life’

Columbia stands out in what a bad deal its graduate arts programs are. And President Bollinger is either clueless or indifferent.

The Future of Alzheimer’s Pharmaceutical Aducanumab – as a Medicine and as a Financial Product – What Happens Now?

The more you look at aducanumab, both the dubious FDA approval and the thin odds that it will perform medically, the less there is to like.