Time to Revisit – Profitized Medicine

Several years ago I wrote a blog post titled “Profitized Medicine.” Contrary to certain commentators who wail against socialized medicine, these commentators never acknowledge what America’s medical system truly is, i.e., Profitized Medicine.

I have started reading “Code Blue: Inside America’s M├ędical Industrial Complex”by Mike Magee, MD.”

On pages 3-4, Dr. Magee writes,

“Quite the contrary, our health care system’s focus, at every phase of its development, but especially since its expansion and increasing sophistication after World War II, has been on maximizing opportunities for profit and/ or career advancement for the players within it.”

The truth, not fake news!

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Beware: Scam Calls About Electricity Bill

A week ago I received a call on my cell phone. I answered. It was a recorded message stating that I had not paid my electricity bill, which is now overdue. The recorded message further stated that if I did not make payment, my electricity would be turned off. The recorded message ended by providing a telephone number to pay the bill.

I was perplexed. First, I had overpaid my last bill and had a credit. Second, I thought my home telephone number was attached to this utility, not my mobile number.

Out of an abundance of caution, I went home and logged onto my computer. I confirmed that I did not have a past due balance but, in fact, had a credit. So, why did I receive that call?

I decided to call customer service. I spoke with a representative who explained the call I received was a scam. Wow, I would have never guessed. But, upon reflection, it made sense.

Last night, at my cousin’s house, I told her my recent experience. She responded, oh my, I receive the exact same call yesterday.

So, be on your guard. Scammers everywhere. Be suspicious of unsolicited calls.

Taking Student Loan Payments from Paycheck like Taxes. Oh my!!

What We Get Wrong About Closing The Racial Wealth

Debunking Myths of Racial Wealth Gap

Jail time for unpaid debt (sharing)

Amazon, JPMorgan, Berkshire creating new health care company – The Washington Post

Unexpected & Blessed

I know, I promised to discuss Looming American Serfdom but something so unexpected occurred today that I must share.

I drove to the condominium where I rent a unit to pick up the rent check. My tenant has been renting the unit for about four years. When I spoke with the security guard, she disclosed a friend of the tenant delivered the check.

When I opened the envelope, there was a note from this friend. “[] is in the hospital . . . and won’t be able to write you a check for his rent. I made this out for $1500. I’m not sure what the exact amount should be. If this [is] insufficient, please let me know and I will send you the remainder.”

I was stunned. My tenant’s friend paid the rent. It was more than sufficient since the rent is $1400 (of course I mailed him a check today for $100 overage).

We both hope the tenant has a speedy and complete recovery.

Meanwhile, I am blessed. I have the January rent thanks to my tenant’s amazing, thoughtful friend.

Happy New Year 2018

The Money Heifer is back!

Have you made your financial resolutions? Is your priority to pay off debt, build an emergency fund, save for your children’s college education, pay off your mortgage, pay off your credit card debt, stop using credit cards, tracking your spending? All of these are great. But don’t overlook the larger picture, the tax laws passed by Congress and signed by the President which are effective today.

If you are not part of the wealthiest 1 percent, those changes in the tax laws for you and for me are temporary, not permanent. Second, the taxes for you and me are peanuts compared to all the breaks businesses receive. Third, if you followed the news, you know these tax cuts will create greater deficits. And how will this deficit be addressed? With cuts in the social safety net: Medicaid, Social Security (retirement), Social Security (disability).

Even if you believe slashing the social safety net is a good thing, please note what is on the horizon: Looming American Serfdom.

What’s this? More in my next blog.

Not just $20 bills

I’ll give my credit union some praise: it has implemented an upgraded service with the ATMs. The machines are dispensing a variety of bills, not just $20 bills.

Check out these photos.

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