Capitalism on Steriods

04/08/2023

Forget legal or illegal....is it the right thing to do?

A U.S. Senator who previously bet against the stock market in 2022 has placed a new bet with an ETF that shorts U.S. listed companies. Here are the details.

07/06/2023

Really sad to see what MONEY does.

LIV Golf had sued the PGA Tour and accused it of being a monopoly. Now that they're merging, isn't that an even bigger monopoly?

16/05/2023

HomeVestors of America, the self-proclaimed “largest homebuyer in the U.S.,” trains its nearly 1,150 franchisees to zero in on homeowners’ desperation.

11/05/2023

"Social cohesion is a necessity, and mankind has never yet succeeded in enforcing cohesion by merely rational arguments. Every community is exposed to two opposite dangers: ossification through too much discipline and reverence for tradition, on the one hand; on the other hand, dissolution, or subjection to foreign conquest, through the growth of an individualism and personal independence that makes cooperation impossible. In general, important civilizations start with a rigid and superstitious system, gradually relaxed, and leading, at a certain stage, to a period of brilliant genius, while the good of the old tradition remains and the evil inherent in its dissolution has not yet developed. But as the evil unfolds, it leads to anarchy, thence, inevitably, to a new tyranny, producing a new synthesis secured by a new system of dogma. The doctrine of liberalism is an attempt to escape from this endless oscillation. The essence of liberalism is an attempt to secure a social order not based on irrational dogma, and insuring stability without involving more restraints than are necessary for the preservation of the community. Whether this attempt can succeed only the future can determine."

- Bertrand Russell, 1945

07/04/2023

Profits over necessity?

Text messages, a whistleblower lawsuit and an internal investigation reveal the lengths to which Medtronic, the world’s largest medical device company, allegedly “groomed” doctors to overuse its vascular products in patients at a veterans hospital.

27/03/2023

Does this alarm you?

Internal documents and former company executives reveal how Cigna doctors reject patients’ claims without opening their files. “We literally click and submit,” one former company doctor said.

27/03/2023

Public Service Annoucement!

Ina and David Steiner were stalked and harassed in a campaign by eBay employees. They shared their story with 60 Minutes.