Over One Fifth of Student Borrowers Used Loans to Gamble on Cryptocurrencies
A new category of cryptocurrency sucker, and even worse, leveraged traders to boot.
Read more...Category Archives: Ridiculously obvious scams
Was Carillion’s Collapse the Beginning of the End for the UK’s Outsourcers?
Two large British outsourcers are also on the verge of collapse, and the vultures are circling.
Read more...Bill Of The Month: For Toenail Fungus, A $1,500 Prescription
Not only was the bill for a toenail fungus topical cream shockingly high, but the pharmacy dispensing it was able to tap directly into the patient’s health reimbursement account.
Read more...“Welcome to Hell”: Barcelona Taxi Drivers Prepare for Uber’s Return
Uber faces a rumble from Barcelona’s taxi drivers.
Read more...Jay Clayton’s SEC Lets Theranos Founder Elizabeth Holmes Get Away With Brazen Fraud
The SEC did Elizabeth Holmes a monster favor with its pathetic settlement over her “massive” Theranos fraud.
Read more...So Bad the DoJ Woke Up: Saline Bag Makers Look to Have Endangered Patients Via Illegal “Tying” and Price Gouging
Saline bags are a new example of medical industrial complex rent extraction that also put patients at risk.
Read more...Stock Buybacks Hurt Workers and the Economy. We Should Ban Them.
The Reagan Administration ushered in stock buybacks as legalized manipulation. Time to put it to an end.
Read more...MIT Study: Median Uber and Lyft Profits Less Than Half Minimum Wage; 30% of Drivers Lose Money
Yes, it is now official: you really are engaged in exploitation when you use Uber or Lyft.
Read more...Time to Stand Up for Dumb
The New York Times today gives an extremely cautious and narrow defense of traditional, now denigrated as “dumb” devices: In an Era of ‘Smart’ Things, Sometimes Dumb Stuff Is Better. It listed a grand total of five examples: A wristwatch vs. Apple Watch A car mount vs. a smart car console An alarm clock vs. […]
Read more...Killing a Parasite — Canceling Student Debt, Part 1
How student debt is killing its host.
Read more...Bill Black: Once a Poster Child for Austerity, Latvia Becomes a Hotbed of Corruption
Bill Black discusses how in two years Latvia has morphed from poster child for austerity for the financial press to a nest of banking corruption.
Read more...Trump’s Bogus Infrastructure Plan Takes the U.S. Further Down the Road of Rentier Capitalism
The public-private partnerships Trump proposes are a sick neoliberal joke.
Read more...New JAMA Study Shows that Electronic Health Records Do Not Reduce Administrative Costs
New study on the EHR debacle shows that our multiple payer system creates the complexity that prevents cost-saving and makes EHRs so hard to implement
Read more...Law Professor Proposes Bringing Back Indentured Servitude
Indentured servitude is the new idea for how to get immigrants to come to American at less than minimum wage pay.
Read more...Andy Slavitt’s United States of Care: A Second “Undertaking” (and What We Can Expect From It)
@USofCare, accounting control fraud, financial predation, conflict of interest, and abuse of workers.
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