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Archive for August 25th, 2016

States face pension fund gap approaching $1 trillion

25 Aug

Gross mismanagement by the policital class.

‘State pension funds are looking at a $1 trillion shortfall in what they owe workers in benefits, according to new data from The Pew Charitable Trusts.”

Source: States face pension fund gap approaching $1 trillion

 
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Posted in Political parties, Politicians, Public pensions, State government

 

The Lack of EpiPen Competitors is the FDA’s Fault

25 Aug

“There’s a new bout of outrage over an expensive medicine or medical treatment. While the good in question changes each time, the blame always seems to fall on greedy corporation…”

Source: The Lack of EpiPen Competitors is the FDA’s Fault

 
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Posted in Federal Government, Innovation, Regulations

 

US Communists embrace Hillary

25 Aug

How’s that for bedfellows?

“WASHINGTON – The Communist Party USA may not control many actual votes, but what they lack in support is made up for in enthusiasm. That passion was in full display with a seven-person team of “reporters” covering their national political convention last month. And their convention was the Democratic National Convention that nominated Hillary Rodham […]”

Source: Communist Party unites behind Hillary

 
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Posted in Democrats, Hillary Clinton, Political parties, Politics, Presidential campaign

 

Costs do not determine prices…

25 Aug

One of the most widespread fallacies in economics. 

“Mylan has raised the price of EpiPens more than 400 percent in recent years. The medicine inside costs $1.”

Source: EpiPens cost just several dollars to make. Customers pay more than $600 for them

 
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Posted in Economy