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Industry Whistleblower Wendell Potter: However Court Rules on Healthcare, Solution is Single Payer

Wed, 28 Mar 2012 00:00:00 -0700

Democracy Now - By Amy Goodman - Mar. 28 (Interview) - As the Supreme Court examines whether Americans can be penalized if they lack medical coverage, we're joined by health industry whistleblower, Wendell Potter. A former spokesperson for CIGNA and Humana Insurance, Potter is the author of "Deadly Spin: An Insurance Company Insider Speaks Out on How Corporate PR is Killing Health Care and Deceiving Americans." "I, myself, am somewhat agnostic and detached from the outcome of what the justices decide," Potter says. "We eventually have to get the for-profit insurance companies out of providing coverage, and need to move toward a system or systems like in the other developed countries, that don't permit for-profit companies to run their healthcare systems." [includes rush transcript]

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Offensive WSJ Op-Ed Dude Verklempt That Septuagenarian Feminists Still Hanging Tough

Tue, 13 Mar 2012 00:00:00 -0700

AlterNet - By Jill F - Mar. 13 (News Analysis) - James is upset because a bunch of women have the audacity to have opinions— and they’re old!

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GOP War on Voting Targets Swing States

Sat, 10 Mar 2012 00:00:00 -0800

Rolling Stone - By Ari Berman, Rolling Stone - Mar. 10 (Opinion) - 'Since the 2010 election, Republicans have waged an unprecedented war on voting, with the unspoken but unmistakable goal of preventing millions of mostly Democratic voters, including students, minorities, immigrants, ex-convicts and the elderly, from casting ballots in 2012.' Ari Berman, Rolling Stone

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American Airlines' attempt to ditch pension riles feds, labor unions

Sat, 11 Feb 2012 00:00:00 -0800

Seattle Times - By Steven Mufson - Feb. 11 (News Report) - Now in bankruptcy proceedings, the airline wants to terminate its four pension plans for 130,000 workers and retirees and ask the government's Pension Benefit Guarantee Corp. to bail out its unfunded pension obligations to the tune of $9 billion.

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'Hose Streets? Our Streets!' Belgian Firefighters Turn Their Ire (and Hoses) on Austerity

Fri, 10 Feb 2012 00:00:00 -0800

Common Dreams - Feb. 10 (News Report) - In a great reversal from most recent street protests, Belgian firefighters today, who were out in force to voice their opposition to government proposed cuts to their retirement plans, turned their firehoses on the prime minister's office. Belgian police get wet as they guard the entrance to the cabinet office from protesting firefighters. (Photograph: KeystoneUSA-ZUMA/Rex Features) read ...

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Obama Turns 50 Despite Republican Opposition

Fri, 05 Aug 2011 00:00:00 -0700

theonion.com - Aug. 05 (Comedy News) - WASHINGTON—After months of heated negotiations and failed attempts to achieve any kind of consensus, President Obama turned 50 years old Thursday, drawing strong criticism from Republicans in Congress.

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Fiscal FactCheck

Fri, 15 Jul 2011 00:00:00 -0700

FactCheck - By Brooks Jackson - Jul. 15 (Fact Check) - Washington's spending has recently been higher as a percentage of the nation's economic output than at any time since World War II. But by the same measure, Washington's revenues are the lowest in more than 60 years. So does the U.S. have "a spending problem," as Republicans keep repeating in the current debate over how to reduce the nation's record deficits? Or is the problem that taxes are not high enough? Those questions frame a long-running partisan debate, and as usual we won't offer an opinion one way or the other. But for those seeking their own answers, we can offer some fiscal history and factual context.

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The Ten States Running Out Of Children

Mon, 04 Jul 2011 00:00:00 -0700

247wallst.com - Jul. 04 (News Report) - The problems of the young are are not discussed much as the focus of the press and Washington policy has been on those people who are elderly now and the generation of Baby Boomers who are just behind them. The federal debt and increases in the deficit have put the retirement support of these people at risk. The credit crisis and state and municipal deficits have spawned an austerity movement that is unprecedented in U.S. history.

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Surprise discovery allows scientists to block Alzheimer's

Thu, 09 Jun 2011 00:00:00 -0700

The Independent - By Jeremy Laurance - Jun. 09 (News) - Researchers said they were "thrilled" at the unexpected discovery that two antibodies – extensively studied in relation to CJD – may also have an affect on Alzheimer's disease. Almost 500,000 people a year in the UK and 20 million worldwide suffer from Alzheimer's.

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How Raising Retirement Age Screws the Poor

Fri, 13 May 2011 00:00:00 -0700

Mother Jones - By Kevin Drum - May. 13 (News Analysis) - Whenever someone talks about how life expectancies have skyrocketed and we can't afford long, leisurely retirements anymore, show them this chart.

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Main Street Rage: Americans Protest Awful GOP Budget Plan at Town Halls Around the Country

Wed, 27 Apr 2011 00:00:00 -0700

AlterNet - Apr. 27 (News Report) - At town hall events across the country, Americans are confronting members of Congress who voted for the House Republicans' radical budget, which effectively ends Medicare, slashes Medicaid, hacks away at domestic spending, and extends tax breaks for the wealthy. The entire House GOP caucus except for four lawmakers voted for Rep. Paul Ryan's (R-WI) budget earlier this month, claiming a mandate from the November elections to drastically reduce domestic spending. But Republicans went beyond any semblance of responsible budget tightening to a radical deconstruction of core pillars of the health, safety, and security of the country. Recent polls show Americans are firmly opposed to Ryan's budget proposal,

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Pensions: 70 or bust!

Fri, 08 Apr 2011 00:00:00 -0700

Economist - Apr. 08 (Opinion) - Put aside the cruise brochures and let the garden retain that natural look for a few more years. Demography and declining investment returns are conspiring to keep you at your desk far longer than you ever expected. This painful truth is no longer news in the rich world, and many governments have started to deal with the ageing problem. They have announced increases in the official retirement age that attempt to hold down the costs of state pensions while encouraging workers to stay in their jobs or get on their bikes and look for new ones. Unfortunately, the boldest plans look inadequate. Older people are going to have to stay economically active longer than governments currently envisage; and that is going to require not just governments, but also employers and workers, to behave differently.

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Alzheimer's Disease Claims 17 Billion Hours And $202 Billion In Unpaid Care In The U.S.

Tue, 15 Mar 2011 00:00:00 -0700

Reuters - Mar. 15 (Special Report) - Nearly 15 million people in the United States take care of a loved one with Alzheimer's disease or another form of dementia, amounting to 17 billion hours or more than $202 billion in unpaid care, Alzheimer's experts said on Tuesday.

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A sweeping survey of Americans' sexual behavior

Thu, 03 Mar 2011 00:00:00 -0800

Washington Post - By David Brown - Mar. 03 (News Report) - Among the findings of a sweeping federal government survey of American sexual behavior is one that may surprise those bewailing a permissive and eros-soaked popular culture: More than one-quarter of people interviewed in their late teens and early 20s had never had sex.

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Parties hold fire on Social Security

Wed, 02 Mar 2011 00:00:00 -0800

The Politico - By Carrie Budoff Brown, Jonathan Allen - Mar. 02 (News Analysis) - For years in Washington, deficit-watchers said any serious, take-your-medicine plan to balance the budget had to address the looming Social Security crisis, often portrayed as a ticking time bomb set to explode when all those baby boomers retired. But this year, even Republican fiscal hawks who have been planning to reshape Social Security for years are holding their fire for now, with an approach that can be summed up like this: You first, Mr. President.

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As Boomers Turn 65, Docs Learn to Close Eldercare Gap

Sat, 12 Feb 2011 00:00:00 -0800

New America Media - By Warren Wolfe - Feb. 12 (News) - The looming consequences are serious. The United States has 7,200 certified geriatricians, one for every 2,500 older Americans. Among Minnesota's 20,036 physicians, 186 are geriatricians. Some experts suggest that five times that many will be needed by 2030, when the country's aging population will have nearly doubled.

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In a Graying Population, Business Opportunity

Sun, 06 Feb 2011 00:00:00 -0800

New York Times - By Natasha Singer - Feb. 06 (Special Report) - The number of people 65 and older is expected to more than double worldwide, to about 1.5 billion by 2050 from 523 million last year, according to estimates from the United Nations. That means people 65 and over will soon outnumber children under 5 for the first time ever. As a consequence, many people may have to defer their retirement — or never entirely retire — in order to maintain sustainable incomes.

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SEC Illinois Pension Fund Probe Confirmed, WSJ Reports

Tue, 25 Jan 2011 00:00:00 -0800

Huffington Post - By Lila Shapiro - Jan. 25 (News Report) - On Monday night, the Illinois state governor's office confirmed that the Securities and Exchange Commission has launched an investigation into public officials' statements concerning the state's chronically underfunded pension fund -- which faces one of the biggest shortfalls in the nation.

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Seniors may have to pay for Medicare home health

Tue, 18 Jan 2011 00:00:00 -0800

Washington Post - By Ricardo Alonso Zaldivar - Jan. 18 (News Report) - Medicare recipients could see a sizable new out-of-pocket charge for home health visits if Congress follows through on a recommendation issued Thursday by its own advisory panel.

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European nations begin seizing private pensions

Sun, 02 Jan 2011 00:00:00 -0800

Christian Science Monitor - By Jan Iwanik - Jan. 02 (News Report) - Hungary, Poland, and three other nations take over citizens' pension money to make up government budget shortfalls.

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As boomers wrinkle

Thu, 30 Dec 2010 00:00:00 -0800

Economist - Dec. 30 (News Analysis) - From the moment they entered the workforce in the 1960s, baby-boomers began to shape America’s economy and politics. They will do the same as they leave. The first of the estimated 78m Americans born between 1946 and 1964 turn 65 in 2011, the normal age for retirement. As their ranks swell in coming years, the burden of financing their retirement will mount. So will their electoral importance. Retiring boomers will squeeze the economy from two directions. The number of people enrolled in Medicare (federally funded health care, available from the age of 65) will grow from 47m in 2010 to 80m in two decades’ time. Enrolment in Social Security (federally funded pensions, available from the age of 62-67, depending on your birth year) will grow from 44m to 73m. The cost of the two programmes will grow from 8.4% of GDP in 2010 to 11.2% by 2030. Meanwhile, as boomers retire, the workforce will grow more slowly, as will the taxes to finance their benefits. The pensioner-worker imbalance and health-care inflation, which is driving up the bill for Medicare and Medicaid, the federal health benefit for the poor, will send the budget deficit into the stratosphere.

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Eating the Old at Thanksgiving

Tue, 23 Nov 2010 00:00:00 -0800

Huffington Post - By David Coates - Nov. 23 (Opinion) - This Thanksgiving, inter-generational conflict is back on the political agenda -- the burden which the old supposedly place upon the young is back in public view -- because the rich and famous are after Social Security again.

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John F. Kennedy, in memoriam

Mon, 22 Nov 2010 00:00:00 -0800

USA Today - By David Jackson - Nov. 22 (News Report) - A full 47 years after the assassination of President John Kennedy, his murder continues to attract attention from historians, politicians, popular culture, and, of course, conspiracy theorists -- just as it has since that fateful day in Dallas.

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The politics of avoidance

Mon, 22 Nov 2010 00:00:00 -0800

Washington Post - By Robert J. Samuelson - Nov. 22 (Opinion) - America's budget problem boils down to a simple question: How much will we let programs for the elderly displace other government functions - national defense, education, transportation and many others - and raise taxes to levels that would, almost certainly, reduce economic growth?

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For Elderly, Conservative Beliefs Buffer Self-Esteem

Thu, 07 Oct 2010 00:00:00 -0700

Miller-McCune - By Tom Jacobs - Oct. 07 (Special Report) - Do people tend to grow more conservative as they grow older? That bit of folk wisdom is debated among academics — some studies say yes, others no.

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