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Guess What: Health Insurers Don’t Even Make That Much Money

October 25, 2009 by Wall Street · Leave a Comment 

See, this is the problem with thinking that healthcare can be fixed by going after the insurers. It'd be one thing, if they health insurers commanded fat margins, and that if by lowering them, we could reduce systemic costs. But they don't. What makes healthcare expensive is the direct cost of supplying healthcare. Bring that down, and the insurance and coverage problems will start to go away. ------------ By CALVIN WOODWARD, Associated Press Writer WASHINGTON (AP) — Quick quiz: What do th

Quoted – Grudgingly, young people finally flock to Twitter – Associated Press

October 24, 2009 by Wall Street · Leave a Comment 

Image via Wikipedia Grudgingly, young people finally flock to Twitter – Associated Press They think it’s pointless, narcissistic. Some don’t even know what it is. Even so, more young adults and teens — normally at the cutting edge of technology — are finally coming around to Twitter, using it for class or work, monitoring the minutiae of celebrities’ lives. Scott Testa, a business administration professor who teaches marketing at Cabrini College in suburban Phil

The new “new normal” is old social Darwinism

October 23, 2009 by Wall Street · Leave a Comment 

R.J. Matson/Post-DispatchBack in January, we suggested that President Barack Obama should call for a “New Normal” in America, one in which shared civic responsibility comes ahead of personal aggrandizement. Lately, we’ve found our phrase has been kidnapped. “[M]any U.S. jobs lost during the recession may be gone forever and a weak employment market could linger for years,” The Associated Press reported last week after interviewing leading economists. “That could add up to a ‘new normal’ of highe

4 Americans die in Afghan bombing – NIMBRUNG.NET

October 16, 2009 by Wall Street · Leave a Comment 

Telegraph.co.uk 4 Americans die in Afghan bombing The Associated Press KABUL — The US military says four American service members have been killed in a bombing in southern Afghanistan. A US statement Friday said that two of the service members were killed instantly in the blast and two others suffered fatal injuries in ... Report: Runoff Expected in Afghan Presidential Vote Voice of America Runoff expected in Afghan election - report Reuters Runoff Expected In Afghan Election Washington Post Wal

A Local Paper Editorial—Wanted: A jobs recovery

October 16, 2009 by Wall Street · Leave a Comment 

The inherent contradiction in the term jobless recovery continues to cast a shadow on overdue good economic news. The Dow Jones Industrial average closed above 10,000 Wednesday for the first time in more than a year. But the national unemployment rate of 9.8 percent in September was the highest in more than a quarter century. As The Associated Press reported Thursday, though the economic recovery apparently has begun, it is widely expected to be weak, particularly when it comes to employmen

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