Hedge fund Matlin Patterson continues to profit from Geithner’s gift to it of Tarp funds. [...]
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Black Tuesday is upon us, and the market will crash today. [...] Geithner’s TARP gift enabled Lap Wai Chan’s hedge fund to purchase Flagstar Bancorp, assets of $16 billion, approximately 280 banking centers, and loan offices [...] “Had he not been nominated for treasury secretary, it’s doubtful that he would have ever paid these taxes.” Senator Byrd
Pinocchio's nose grew as he lied – as did Geithner's WASHINGTON – Timothy Geithner was sworn in Monday night as the nation’s new treasury secretary, shortly after winning confirmation despite personal [...] |
U.S. college debt, nearly $1 trillion, is larger than housing or credit card debt. US healthcare worst, and most expensive.
Infections kill 100,000 patients in hospitals and other clinics in the U.S. every year. Japan’s health-insurance system covers everybody, including illegal aliens. It pays for physical, mental, dental, and long-term care. Japanese are the world’s most prodigious consumers of medical care; they see the doctor about 15 times per year, three times the U.S. norm. They get twice as many prescriptions per capita and three times as many MRI scans. The average hospital stay is 20 nights—four times the U.S. average. Cost: And yet Japan produces all that high-quality care at bargain-basement prices. The aging nation spends about $3,500 per person on health care each year; America burns through $7,400 per person and still leaves millions without coverage. Canadians live three years longer and are healthier than Americans, and the lack of universal health care in the United States may be a factor, researchers say.
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