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Almost a year ago I wrote a post titled How To Mess Up A Health Care Bill. One of my main points in that post was talking about how people who didn’t get health care coverage yet didn’t qualify for something like Medicaid would end up paying out of pocket costs that they probably couldn’t [...]
I have written three times before about the supposed settlement between the federal government and black farmers. The first time I only mentioned it; the second time, about a month later, I reported that they still hadn’t been paid because Congress hadn’t passed a bill approving the payments. The last time I wrote about it, [...]
Last December I wrote on Intel being sued by the Federal Trade Commission based on the sweetheart deal Dell was getting for using their chips in Dell computers. The suit against Intel is about to commence, but it seems Dell did a proactive move and decided to settle with the Securities and Exchange Commission to [...]
Near the beginning of April I wrote a post about how Black Farmers would be getting restitution from the federal government, finally, many years after they’d lost a lawsuit proving that there had been discriminatory practices. Suffice it to say, just because a lawsuit awards money doesn’t mean that the loser is going to pay. [...]
Today the Dow Jones was closed for President’s Day, but tomorrow it will open with a flourish, and the questions are which direction will it head after losing ground on Friday, although rallying back above 10,000 before the end of the day. I don’t do this often, and I hesitate to do it now, but [...]
The House of Representatives, trying to stop the types of things banks were doing that got us into all this trouble, passed new legislation on Friday that put new regulations on the banking industry. By a 223-202 vote, it’s forcing banks to pay into a fund to help offset potential problems that could happen again, [...]