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Comment Re:for profit healthcare needs to go and the docto (Score -1) 49

This is retarded.

1. It isn't for profit healthcare that is the problem, it's THIRD PARTY PAY.
2. I don't use third party pay, ever, for healthcare. I've been insured nonstop for over 30 years, and NEVER ONCE has my insurer paid my doctor.
3. Even when I've had emergencies, I still called around, negotiated a fair cash up front rate, paid cash up front, and billed it to my insurer. My cash up front rate was sometimes below any co-pay negotiated with my insurer, lol.

I just recently had some elective surgery that would have cost me about $2000 on my annual deductible, but I was able to cash pay a negotiated rate of $400 including a follow-up "free". I submitted the $400 to my insurer and they reimbursed me.

Third party insurance exists because YOU VOTERS demanded the HMO Act of the 1970s, which tied health care to employment, and then employers outsourced it to third parties.

Health care is remarkably cheap in the US (cash pay, negotiated) and I don't have to wait months to see a doctor when I call and say I am cash pay. They bump me up fast.

Comment Re: MAGA! (Score 3, Interesting) 321

I concur. The unemployment rate is about 4% and even the more padded U6 unemployment rate is below 5%
Those are normal.
Under condition when unemployment rates are normal the primary job of the federal reserve is to bring down inflation. It's not simply a good idea. It's their mandate

The fact that there are more jobseekers than jobs is also close to normal. There's always a mismatch between jobs and jobseekers.

It may well be that those jobs are demotions or involve moving etc..

So the Fed has done everthing correctly.

But now they are on toes because we have the immigrant labor leaving and hightarrufs.

While those might increase the number of jobs available it might not fund takers. And both will cause supply side inflation. Simultaneously extending the tax cuts and the debt ceiling means the high rate of pumping debt into the economy will continue.

So the Fed is in an uncharted territory . It could mean high inflation is coming. Most likely. But it could mean a recession. You love the rate in opposite directions there! Most likely is both: stagflation. Which is awful. We did the stagflation experiment in the early 70s and tried both spending into it and later raising interest rates sky high. Only the latter worked.

Fed is exactly doing the right Thing by being watchful

Comment Re: trump take electricity (Score -1) 238

Nah.

Iâ(TM)m 51. Iâ(TM)ve had health insurance continuously for 35 years and have used it exactly ZERO TIMES.

I am self pay. For everything but true life threatening emergencies, which Iâ(TM)ve had zero.

Even the ER is cheaper when negotiated self pay.

My urologist is stunned that I pay $85 for his visits. Self pay. Including labs. My colleague goes to the same urologist and his insurance pays $550 for the same visit and naturally it comes out of his deductible lol.

Insurance is a scam. All insurance is legal gambling and gamblers never win.

Comment Re:Oh holy shit (Score 2, Interesting) 89

Everyone I know who makes my equivalent AGI, except for my household, has 1+ dogs, work crazy hours, and have been told that their dogs are lonely and depressed.

Not one or two people.

EVERYONE. Dozens upon dozens of my clients, colleagues, peers, friends from grade school, etc, have a dog or two, and then they have to have someone come spend time with said dog when they're putting 10+ hours away from them.

Wag/Rover/etc is part of their crazy consumer spending. I always am shocked to hear they're spending $1000 a month on their pets.

Americans are insane about their pets. Instead of buying a dog, I invest in corporate veterinary hospitals, because it's crazy profitable.

Comment Re: Kiss Monetary policy and the USA goodbye (Score 2) 52

I understand your knee jerk intuition about crypto currency. But very earnestly I suggest learning a bit about monetary policy. It's indispensable. And after that you may want to read about bretton woods and how banks in different countries actually can trade money to each other. The US treasury and its impact on monetary policy enables this. It's not just a methodology in the sense that bitcoin is a method for moving money. Monetary policy is how countries can perform the miracle of Keynesian economics to regenerate Growth in a downturn. That cannot ever be done ever without fiat currency and a central bank. Period. This was. Why for example Germany plunged in to pre-hitler ruin after world war 1. There was no way to climb out of turned down economy when you had no gold reserves (France took them). Germany only managed to recover when they pegged their mark to a kilo of wheat-- not a long term solution but a desperate move that mostly worked. But the economic malaise didn't end till Hitler started spending money into the economy. That was made possible by moving off the gold standard prior to Hitler.

Without monetary policy you are left with the austerity of Austrian economics which pretty much inverts the rational of monetary policy and loses all it's advantages.

Comment Re:Sums up the housing crisis (Score -1) 102

This is such cry-baby nonsense.

NONSENSE.

Since 2008, I have personally mentored dozens of young dudes (at no cost whatsoever, just because that's what successful people do).

I have helped poor dudes in bad neighborhoods buck up, get some side hustles, stack cash, and buy property.

You fucked yourself because you refuse to actually do someone to buy property. I don't know ANYONE, starting with even zero money, who couldn't find a nice home in just 2-3 years of saving money properly -- except the lepers in California, and fuck them anyway.

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