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  • Archive for the 'Health Care' Category

    Positive Stores about Covid-19

    Posted by Dan from Madison on 26th March 2020 (All posts by )

    Amid all of the doom and gloom that the press is all too eager to peddle upon you for eyeballs and clicks, I present a few promising stories about the latest Chinese virus to infect our shores.

    Approximate timelines on medications/vaccines to combat the virus.
    Canadian scientists have successfully isolated the virus, an essential step in getting a vaccine ready for testing.
    A welcome side effect of the virus is that as people have sheltered, pollution has plummeted.
    A University of Minnesota doctor has gone MacGyver in creating a ventilator.
    The total number of people recovered has recently surpassed one hundred thousand.
    Projections of death totals could be orders of magnitude too high.
    Apple may start re-opening stores in China soon.

    There are many, many more good stories about the event if you care to test out your Google-fu.

    Also, some anecdotal items. It appears that people in general are helping one another, remaining calm for the most part, and doing the right things. If there were hospitals with people stranded in hallways or on floors we would have seen those photos/video by now so I am assuming that **at this point** they are handling the influx of patients just fine. My stores locally are fully stocked with all items, save some canned foods like tomato sauce, and of course paper products. I assume those will be available sooner rather than later.

    Discuss as you wish.

    Posted in China, COVID-19, Health Care, Human Behavior | 12 Comments »

    Sh*t Just Got Real

    Posted by Sgt. Mom on 14th March 2020 (All posts by )

    I had been half-expecting that San Antonio would cancel or delay the yearly Fiesta; this was made official Friday morning: put off the celebrations until November. Fiesta San Antonio was originally focused on Sam Houston’s victory at San Jacinto – which took place in April of 1836. (Lot of other events being cancelled as well.) Since Wednesday, I had been getting emails from various companies who I do business with, at least enough business for them to have my email: Costco, Sam’s, Petco, Frost Bank, the Alamo Drafthouse Cinema, the Texas author’s group (who have put off the Wimberly book event from June until November)the senior center in Bulverde who hosts a fall craft fair, Lowe’s and Home Depot – I think. All had pretty much the same message: “Aware of the Covid-19 thing, taking every precaution – deep-cleaning, sanitizing, encouraging sick employees to stay home, those who can to work remotely, concern but doing what we can, customers encouraged to wash hands, self-quarantine if feeling ill …” I wonder now if there wasn’t a degree of coordination going on, or if all the corporate public relations departments simultaneously came to the same conclusion. Reasoning? I rather thought the city and the Fiesta Commission would have to do something of the sort, after reading of Disneyland closing, and the LDS temporarily suspending meetings at every level. Read the rest of this entry »

    Posted in Americas, Civil Society, COVID-19, Current Events, Health Care, Media, Personal Narrative | 47 Comments »

    SARS-CoV2/COVID-19 Update 3 March 2020

    Posted by Trent Telenko on 3rd March 2020 (All posts by )

    This will be a short update. Issues covered will be on COVID-19 spread, World Headlines, COVID-19 medical developments regards PPE & the role of building contamination in spreading disease in Japan, and the social media and videos COVID-19 tracking source section.
     
    Top line, There are currently 92,138 confirmed COVID-19 cases worldwide, including 3,134 fatalities as of the 3 March 2020 at 5:51 a.m. ET time hack on the BNO News corona virus traking site (https://bnonews.com/index.php/2020/02/the-latest-coronavirus-cases/) There are 70(+) and growing nations including China plus three “Chinese special administrative regions” (Macao, Hong Kong and Taiwan) that have reported COVID-19 infections. China, Taiwan, Hong Kong, Japan, Thailand, Singapore, Italy, Iran, Germany, R.O.K. and the USA all appear to have local, or endemic, spread of the disease.
    The reality of personal protective equipment shortages in the USA because we outsourced most such production to China.

    The reality of personal protective equipment shortages in the USA because we outsourced most such production to China and many regional medical systems sent a lot of our existing medical PPE to China in January 2020 per the request of the CDC.

     
    World Headline Summary (As of late evening 3/2/2020):
     
    o US death toll climbs to 6; all in WA, which has 18 cases
    o 2 new cases confirmed in Tampa Bay
    o 1st case reported in New Hampshire
    o Hubei reports 114 new cases, 31 new deaths
    o Santa Clara County confirms 2 more cases, bringing county total to 9
    o Gottlieb warns US cases likely in ‘low thousands’
    o Illinois announces 4th case
    o Boris Johnson: “A very significant expansion” of the virus is “clearly in the cards”
    o Italian death toll climbs 18 to 52 while total cases surpasses 2,000
    o BMW tells 150 to quarantine after Munich employee infected
    o Algeria total hits 5
    o Senegal becomes 2nd sub-Saharan country to confirm virus
    o WHO’s Tedros: Virus is “common enemy” of humanity so don’t focus on blame
    o Jordan reports first two cases
    o French death toll revised to 3, total cases climb to 191
    o Tunisia reports first case
    o UK total climbs to 40
    o OECD warns global growth could fall by half
    o Indonesia reports first cases
    o “Progress is being made” toward a vaccine
    o Cuomo says NY expects more cases
    o India confirms 2 more cases
    o ‘Official’ Iran death toll hits 66
    o EU confirms 38 deaths across 18 members
    o First cases confirmed in Fla.
    o 2 Amazon employees test positive in Milan
    o Virus now in 8 US states: Washington, California, Illinois, Rhode Island, New York, Florida, Oregon and New Hampshire
    o San Antonio virus patient re-hospitalized after testing positive
    o China warns it could face ‘locust invasion’
     
    COVID-19 MEDICAL DEVELOPMENTS
     
    This article is very much worth reading in full, printing out a copy, highlighting and carrying around. I’ll excerpt a couple of sections from it below the title and link:
     
    Unmasked: Experts explain necessary respiratory protection for COVID-19
    by Stephanie Soucheray
    CIDRAP News, Feb 13, 2020
     
     

    Read the rest of this entry »

    Posted in Big Government, Civil Liberties, Civil Society, COVID-19, Current Events, Health Care, Human Behavior, Miscellaneous, USA | 41 Comments »

    SARS-CoV2/COVID-19 Update 29 Feb 2020

    Posted by Trent Telenko on 29th February 2020 (All posts by )

    The themes of this update will be on issues of

    – COVID-19 spread,
    – World Headlines,
    – US Good News,
    – US Mixed News,
    – A sample of US Relevant Coronavirus Stories,
    – Medical Information of the Day,
    – The SARS-CoV2 Virus and it’s COVID-19 infection ARE NOT THE FLU
    – The On-Going Just-in-time, Sole Source in China Supply -Chain Crisis, and
    – The social media and videos COVID-19 tracking source section.

    Top line, There are currently 85,996 confirmed COVID-19 cases worldwide, including 2,942 fatalities as of the 29 February 2020 at 2:46 p.m. ET time hack on the BNO News corona virus tracking site (https://bnonews.com/index.p…/…/the-latest-coronavirus-cases/) There are 59 and growing nations including China plus three “Chinese special administrative regions” (Macao, Hong Kong and Taiwan) that have reported COVID-19 infections. China, Taiwan, Hong Kong, Japan, Thailand, Singapore, Italy, Iran, Germany and R.O.K. all appear to have local, or endemic, spread of the disease.

    The US may currently have endemic spread as the CDC has confirmed 62 cases of coronavirus in the US (and there late breaking news of a COVID-19 death in Washington State and the slimming of a senior care facility in Kirkland). These include 44 people who were aboard the Diamond Princess cruise ship, three people repatriated from China and 15 US cases.

    Spread inside the US cases include:
    California: 9
    Massachusetts: 1
    Washington state: 1
    Arizona : 1
    Illinois: 2
    Wisconsin: 1

    World Headline Summary:

    o Health authorities in Texas and Oregon report 12 new coronavirus cases in US
    o US coronavirus case total hits 63, 2nd case ‘of unknown origin’ confirmed
    o US issues travel advisory for Italy
    o Italy says first case discovered in Lazio
    o China, SK release nightly figures
    o Google says employee who visited Zurich office has coronavirus
    o France confirms 57 cases
    o Italy reports 3 deaths in Lombardy; nat’l toll now 21; total cases 821
    o Google employee tests positive for coronavirus after visiting Zurich office
    o British man becomes 6th ‘Diamond Princess’ passenger to die
    o Two Japanese dogs tested positive for coronavirus
    o Mulvaney says school closures, transit disruptions may happen in US
    o Dr. Tedros said Friday that there’s no evidence of ‘community outbreak’
    o Mexico confirms 1st virus case [More below]
    o Fauci warns virus could take ‘two years’ to develop
    o Kudlow says “no higher priority” than the “health of the American people
    o Toronto confirms another case
    o WHO says 20 vaccines in development
    o St. Louis Fed’s Bullard pours cold water on market hopes
    o Netherlands confirms 2 more
    o United cuts flights to Japan
    o Advisor to CDC says shortage of tests in US creating a “bottleneck”
    o Nigeria confirms first case in sub-saharan africa
    o South Korea reports more than 1,000 new cases in under 48 hours
    o Italy cases surpass 700
    o WHO says virus will ‘soon be in all countries’

    Read the rest of this entry »

    Posted in Americas, Business, China, Civil Society, COVID-19, Ebola, Health Care, History, Miscellaneous, USA | 44 Comments »

    SARS-CoV2/COVID-19 Evening Update 2-25-2020: The Pandemic Hide the Name & Blame Games

    Posted by Trent Telenko on 25th February 2020 (All posts by )

    The themes of this update will be on issues of COVID-19 spread, World Headlines, border closings, the CDC news conference, developments with fomite spread, how American Public Health institutions build a liablity law suit proof diagnostic test and how that limits tests for community spread and a new recommended COVID-19 sites, social media and videos section.
     
    Top line, There are currently 80,420 confirmed COVID-19 cases worldwide, including 2,710 fatalities as of the 24 February 2020 at 5:24 p.m. ET time hack on the BNO News corona virus tracking site (https://bnonews.com/index.php/2020/02/the-latest-coronavirus-cases/) There are 39 nations including China plus three “Chinese special administrative regions” (Macao, Hong Kong and Taiwan) that have reported COVID-19 infections. China, Taiwan, Hong Kong, Japan, Thailand, Singapore, Italy, Iran and R.O.K. all appear to have local, or endemic, spread of the disease. Italy has spawned further spread in Spain proper, it’s Canary Islands possession, Austria, Germany, and possibly Croatia. And now Brazil in South America and Algeria reporting a case signals North West Africa have added two new regions to the Pandemic spread list. The virus has spread from Asia to Europe, North America, Australia and Africa.
     
    All of the above meets the pre-COVID-19 WHO standard for a “Pandemic” that requiring endemic spread in multiple nations in multiple WHO regions. However, the WHO just decided that it was time to retire the term “Pandemic” because…something…[insert reasons here]. The WHO statement for doing so was a master piece of unintelligible double talk that boils down to “Lets not scare the “Normies” and set off more “Run, Hide & Hoard” panics like seized Italy, ROK and Singapore in the last few days. Meanwhile the WHO is cheering-on China’s “Hospice-Prison system for the infected” Quarantine as a “Model” in aiding China’s restarting the World economy.
    ITALY COVID-19 Confirmed Cases and Deaths 25 Feb 2020

    ITALY COVID-19 Confirmed Cases and Deaths 25 Feb 2020

     
    World Headline Summary
    o WHO warns the rest of the world “is not ready for the virus to spread…”
    o CDC warns Americans “should prepare for possible community spread” of virus.
    o San Francisco Mayor declares state of emergency
    o Later, CDC says pandemic not a question of it, but when
    o Brazil may have South America’s first coronavirus case
    o Germany confirms 2nd case on Tuesday, brings total to 17
    o Italy cases spike to 322; deaths hit 10
    o Japan’s Shiseido tells 8k employees to work from home
    o Trump Economic Advisor Kudlow tries to jawbone stock markets higher
    o HHS Sec. Azar warns US lacks stockpiles of masks
    o Italy Hotel in Lockdown After First Coronavirus Case in Liguria
    o Algeria confirms 1st case
    o First case in Switzerland
    o Kuwait halts all flights to Singapore and Japan
    o Iran confirms 95 cases, 15 deaths
    o First case in Austria
    o Spain reports 7 cases in under 24 hours, including in Madrid, Canary Islands, Barcelona
    o Iran Deputy Health Minister infected with Covid-19
    Pandemic Border Closures
    Turkey, Iraq, Kuwait, Afghanistan, Pakistan, Turkmenistan, Georgia, Armenia, and UAE blocked border crossings by Iranians.
    Russia, North Korea and Vietnam are blocking border crossings from China
    Austria and Switzerlan are blocking border crossings from Italy.
    El Salvador on Tuesday announced it would prevent entry of people from Italy and South Korea.
     

    Read the rest of this entry »

    Posted in Big Government, Bioethics, China, Civil Liberties, Civil Society, COVID-19, Current Events, Economics & Finance, Health Care, Iran, Medicine, Middle East, Miscellaneous, National Security, North America, Politics, USA | 28 Comments »

    COVID-19/SARS-CoV2 Update 2-23-2020 — When the “New Versailles Class” Meets Reality Without Privilege

    Posted by Trent Telenko on 23rd February 2020 (All posts by )

    The themes of this update will be on issues of COVID-19 spread, testing, public health institutional credibility, some e-mails evaluating the CDC and our elites, and my personal analysis of same after the top line infection numbers and headlines.

    The SARS-CoV2 virus and it’s COVID-19 virgin fields infection seems to have a top line R(0) of between three and 6.7 — that is one person infects near seven people on average — because there are repeated “super spreader” events where one person slimed an institution with a lot of close contact and then the fomite contamination of that institutional setting causes everyone present to get the disease. Examples thus far include the Diamond Princess Cruise ship, a pair of prisons in China, and multiple hospitals in China and now South Korea. The rate of growth of the COVID-19 pandemic is such that we will be fighting it on a very large scale in a few weeks (no more than 10) in every nation world wide with the public and private medical institutions, societal resources, and people we have right now, with all their flaws. And not what we wish they were, but will never have. There simply isn’t going to be time and energy for blame games when issues of daily survival break upon us all.

    Top line, there are currently 78,986 confirmed COVID-19 cases worldwide, including 2,468 fatalities as of 23 February 2020 at 11:52 a.m. ET on the BNO News corona virus traking site (https://bnonews.com/index.php/2020/02/the-latest-coronavirus-cases/) China, Taiwan Hong Kong, Japan, Thailand, Singapore, Italy, and Iran all appear to have local, or endemic, spread of the disease. See multiple charts attached and headline summary

    Bar Chart of World COVID-19 Infections as of 23 Feb 2020

    Bar Chart of World COVID-19 Infections as of 23 Feb 2020

    Bar Chart of World Qide COVID-19 Infections Without China and the Diamond Princess Cruise Liner

    Bar Chart of World Wide COVID-19 Infections Without China and the Diamond Princess Cruise Liner

    World Headline Summary:

    o Italy confirms 3rd death and cancels last 2 days of carnivale in Venice as cases soar above 100
    o 4 more cases confirmed in UK
    o 200 Israelis quarantined
    o Japan confirms more cases
    o Japanese Emperor expresses hope for Tokyo Games (fat chance)
    o ROK Gov’t total cases above 600
    o Trump says US has everything ‘under control’ as he asks Congress for more money (I call B.S. below)
    o EU’s Gentiloni says he has ‘full confidence’ In Italian health officials
    o Turkey, Pakistan close borders with Iran as confirmed cases soar
    o Global Times (Chinese Gov’t news source) says virus may not have originated at Hunan seafood market
    o Axios reports shortages of 150 essential drugs likely. (Most source in China)

    Read the rest of this entry »

    Posted in Big Government, Civil Liberties, Civil Society, COVID-19, Current Events, Health Care, Iran, Medicine, Middle East, Miscellaneous, National Security, Uncategorized, USA | 42 Comments »

    COVID-19 Update, Morning 2-21-2020 — Living & Dying from China’s Biological Chernobyl

    Posted by Trent Telenko on 21st February 2020 (All posts by )

    Wednesday the world got the worst possible news about COVID-19 from China, and it explained all the strange things China was hiding since this disease first appeared. We are in the midst of China’ Biological Chernobyl. But first, the numbers. As of 20 February 2020 at 7:04 p.m. ET there were 76,192 confirmed COVID-19 cases worldwide, including 2,245 fatalities. China 74,988 cases, 2,234 fatalities and International 1,205 cases, 11 fatalities.  See the latest disease numbers here:

    https://bnonews.com/index.php/2020/02/the-latest-coronavirus-cases/

    A quiet Chinese announcement Wednesday has changed the world.
    It appears that COVID-19 is an airborne bug in some very common medical situations.  This was why China was keeping the CDC and WHO experts out of China.  It is also why they had such heavy casualties with medical workers.  You need a PPE-4 level independent oxygen supply to entubate a COVID-19 pneumonia sufferer.
    “Airborne transmission” has a very specific medical-technical definition.  See the figure below.
    This graphic explains the technical definition of airborne transmission.

    This graphic explains the technical definition of airborne transmission. (Peak Prosperity video screen capture)

    See this, the opening sentence of which is the technical description of “Airborne Transmission” —
    China admits aerosol infection possible in coronavirus outbreak

    KYODO NEWS – Feb 20, 2020 – 13:14

    .
    KYODO NEWS – Feb 20, 2020 – 13:14 | WorldAll

    China’s health authorities have admitted that people may contract the pneumonia-causing COVID-19 coronavirus by inhaling small virus-containing particles floating in the air, or so-called aerosol infection.

    .

    Updated diagnostic and treatment guidelines published Wednesday say a person can be infected if they are “exposed to a high concentration of aerosol in a relatively closed environment for a long time.

    .

    This is the sixth edition of the guidelines for treating patients of the new virus in China. The guidelines posit that the main routes of transmission are “droplets from the respiratory system” and “close contact.”

    .

    Previous versions of the guidelines said the possibility of aerosol infection had yet to be clearly established.

    .

    Aerosol infection is said to be prone to occur during medical procedures, such as when inserting a tube into the windpipe to ensure an open airway.

    And airborne transmission beyond the narrow medical procedures have been confirmed in South Korea. ROK public health officials tracked a single asymptomatic church lady to a Christian mega-church service of a 1,000 people.  Below is the result:

    Steve Lookner
    @lookner
    544 members of South Korea’s Shinchonji Daegu church have virus symptoms(This is the church with dozens of new cases in the past 2 days)https://twitter.com/lookner/status/1230698482207313920
    China also announced a prison had 200 prisoners and seven guards get COVID-19 last night. Essentially any institutional situation with poor/unfiltered circulation will see mass COVID-19 infection.
    And it gets worse.  How much worse?  This much worse:
    The Fight Plan of China's Biological Chernobyl

    The Fight Plan of China’s Biological Chernobyl — 60,000 airline flights with poor air circulation where up to 12 million souls (assuming 200 unique people per plane flight) were exposed to an airborne transmitted SARS-CoV2 virus.

    WELCOME TO THE WORSE CASE SCENARIO

    The heart of the issue for 2019-nCoV is that it is a virgin fields epidemic. Everyone who hasn’t got it, will get it, absent a genetic gift or  vaccine…and there will be no vaccine for a year, assuming this coronavirus is amenable to a vaccine.

    This is compounded by the issue that the COVID-19 coronavirus infection takes a very low SARS-Cov2 viral load for the initial infection…

    …and that low viral load initial infection takes a very, very, very, long time to manifest as either positive test result or as
    “symptoms.”

    Additionally, four of five people that test positive for COVID-19 have either no or very minor symptoms while being infection spreaders.
    Case in point is the South Korean church-lady who seems to have given COVID-19 infections to 544 people either by giving out communion or singing.

    The infection rate right now is over 20% for the souls aboard Diamond Princess and it will take at least 24 days from their last
    exposure to be detectable in new cases.  The chaos and ineffectivness of the Japanese quarantine was such that every passenger, crewman or Japanese health ministry body on the Diamond Princess were likely exposed to infection causing viral loads right up to and through the flights back to their home countries.

    There is now no chance stopping COVID-19, short of a vaccine, because China’s Communist Party allowed those 12 million exposed souls to travel the world.

    COVID-19 is not just a flu.  It is 20 times deadlier (2% death rate) with an intact medical system and 50 time deadlier (5% death rate) in a collapsed medical system.  And every medical system in the world will collapse under the weight of SARS-CoV2 infections.

    Buckle up.  This will be a rough ride.

    -End-

    Posted in Big Government, Civil Society, COVID-19, Current Events, Health Care, Miscellaneous | 26 Comments »

    COVID-19 Update, Morning 2-19-2020

    Posted by Trent Telenko on 19th February 2020 (All posts by )

    This update is going to be a horror show of numbers involving “super spreaders” and public health incompetence in and around the Diamond Princess cruise ship. As of this mornings’s writing time hack, there are currently 75,129 confirmed COVID-19 cases worldwide, including 2,007 fatalities. China: TOTAL 74,130 2,002 12,017 serious 13,818 recovered 6,242 suspected. (No one believed these numbers except the Who and CDC) Everywhere else: 999 cases, 5 deaths, 39 serious/critical

    Next — the COVID-19 infection numbers from the Diamond Princess are horrific.

    See:

    Tracking coronavirus: Map, data and timeline

    “Japan: The 542 people from the “Diamond Princess” cruise ship are listed separately and they are not included in the Japanese government’s official count. Fourteen of them are Americans whose test results came in while they were being evacuated from the ship. 246 were _asymptomatic_.”

    Given 246 of 542 infected are asymptomatic…we are looking at a 45% of no-symptom super-spreader rate.

    Note: the following additional “Diamond Princess” information culled from four US newspapers over at the Free Republic forum’s “Corona Virus Live—mostly Thread. 2/18-2/19”

    https://www.freerepublic.com/focus/f-chat/3817559/posts?q=1&;page=151

    In one flight of the Diamond Princess returnees. “…the original 14 tested have become 19 due to inflight testing, or 18 pending and 1 CDC confirmed.

    .

    The flight to Travis, CA had 7, and picked up 3 inflight – all asymptomatic

    .

    The Flight to Lackland, TX had 7, and picked up 2 inflight – all but one asymptomatic

    .

    So that’s 14+3+2

    .

    It was reported that Texas sent 6 to Omaha; however Omaha said they received 13. One requiring hospitalization but stable, and the rest asymptomatic. All are awaiting final CDC confirmation.

    .

    Of the 7 in Calif, 2 were transferred to QotV – one asymptomatic received CDC confirmation of positive today; one with mild symptoms is still awaiting CDC.

    Third — More super spreader evidence of SARS-CoV-2 Infection in Returning Travelers from Wuhan, China

    “In this effort to evacuate 126 people from Wuhan to Frankfurt, a symptom-based screening process was ineffective in detecting SARS-CoV-2 infection in 2 persons who later were found to have evidence of SARS-CoV-2 in a throat swab. We discovered that shedding of potentially infectious virus may occur in persons who have no fever and no signs or only minor signs of infection.”

    https://www.nejm.org/doi/full/10.1056/NEJMc2001899

    Read the rest of this entry »

    Posted in Big Government, China, Civil Society, COVID-19, Current Events, Health Care, Japan, Miscellaneous, USA | 20 Comments »

    COVID-19 Update 2-17-2020

    Posted by Trent Telenko on 17th February 2020 (All posts by )

    As of this morning’s time hack, world wide there are now 1,770 dead and 71,223 infected by COVID-19. Community spread is underway in Singapore (see chart), Taiwan and Japan. The USA thinks it might be on-going in the USA. Both Japan and the USA refuse to state this, but actions being taken argue otherwise.  Two horrid COVID-19 infection reports from Chinese news sources — the Taiwan News is reporting re-infection with COVID-19 is causing heart failure and South China Morning Post is reporting 34 and 94 day from exposure to infection super spreaders.  Recovered from COVID-19 infection Ontario couple are still testing positive for coronavirus. Finally,  COVID-19 fomit** contamination of Chinese money and survival of corona-virus in high heat & humidity are also in the update.

    31 Dec 2019 to 16 Feb 2020 COVID-19 Bar chart

    31 Dec 2019 to 16 Feb 2020 COVID-19 Infection Level Bar Chart

    Number of COVID-19 Infections outside China as of Feb 16, 2020

    Number of COVID-19 Infections outside China as of Feb 16, 2020

    Singapore COVID-19 Infection Status 15 Feb 2020

    Singapore COVID-19 Infection Status 15 Feb 2020

    Read the rest of this entry »

    Posted in Big Government, Civil Liberties, Civil Society, COVID-19, Culture, Current Events, Health Care, Human Behavior, International Affairs, Miscellaneous, National Security, Politics, USA | 23 Comments »

    COVID-19 Update Morning 2-14-2020

    Posted by Trent Telenko on 14th February 2020 (All posts by )

    There are currently 65,213 confirmed COVID-19 cases worldwide, including 1,486 fatalities. Of which 4,823 new cases and 116 new deaths were reported in Hubei province, China.
    .
    There are several trends in this update, as well as the headline summary. First Community spreading of COVID-19 is now established in Hong Kong (attached graphic), Japan and Singapore.
    COVID-19 in Hong Kong

    COVID-19 in Hong Kong

    .
    Second, the shut down of China as an economic power seems near complete. See the JP Morgan coal for electricity usage and the Goldman Sachs economic projection charts attached to this post. The JP Morgan chart shows that while traditionally daily coal consumption – the primary commodity used to keep China electrified – rebounds in the days following the Lunar New Year collapse when China hibernates for one week. This is not the case this now. There hasn’t been even a modest increase, indicating that so far there hasn’t been a return to work.
    .
    2020 Chinese Coal/Electrical Consumption

    2020 Chinese Coal/Electrical Consumption

    .
    Short Form — Lack of Chinese coal use/electric power generation indicates the scale of Chinese industries that are shut down…AKA near total.
    .
    And the “Just-In-Time/Sole-Source in China” world-wide, Multi-national corporation, economic shut down virus is gathering a huge economic momentum. Nissan has shut down auto production in addition to South Korea’s Hyundai for lack of Chinese parts. Rumor has it that Ford has the same issue — as their heater coils in their autos are sole sourced in China — and will soon shut down auto production.  Anything cheap or disposable in the world economy is sourced in China, and the Chinese economy is now off-line for the foreseeable future.
    Near Term Economic Projections for China

    Near Term Economic Projections for China

    .
    Third, China is again playing games with COVID-19 numbers and particularly the announced deaths to keep the death rate at 2.1%, saying deaths were “double counted”?!? (See JP Morgan graphic).
    .
    Dodgy Chinese COVID-19 Infection Numbers

    Dodgy Chinese COVID-19 Infection Numbers

    .
     This has been ‘officially noticed’ by the White House.
    .
    See:
    White House does not have ‘high confidence’ in China’s coronavirus information, official says
    .
    .
    Fourth, American COVID-19 are now officially 15 with a case in San Antonio, Texas from a Wuhan evacuation flight and no deaths. I say “officially” as there possible COVID-19 death in Boise, ID. See:
    .
    .
    The possible COVID-19 victim was a 71-year-old man found dead on Feb 9 in an advanced state of decomposition. He returned from China Feb 5. The initial testing came up negative, but additional tests are being run. The cause of death has not been released.
    .
    An idea of what “Community spreading” in Singapore means can be seen in the following report:
    .
    “Singapore Casino employee confirmed with COVID-19; symptomatic Feb 5, hospitalized Feb 9
    On February 13, 2020, the Central Epidemic Command Center (CECC) pointed out that the confirmed case of coronavirus disease 2019 (COVID-19) in Singapore announced on February 11 is an employee at the casino in Resorts World Sentosa Casino. The employee developed symptoms on February 5 and was hospitalized in isolation on February 9. Travelers who visited the casino during the communicable period (February 4-9) are advised to call 1922, put on a face mask and seek immediate medical attention as instructed if suspected symptoms develop within 2 weeks. Moreover, such travelers should inform the physician of any relevant travel history when seeking medical attention.”
    .

    .

    World Headline Summary:
    .
    o China says 1,716 medical workers have been infected
    o Singapore reports largest daily jump in cases amid increased human-to-human transmission
    o Hong Kong reports 3 new cases
    o Hubei’s new party boss orders quarantine tightened
    o President Xi touts new “biosecurity law”
    o Hong Kong Disney land offers space for quarantine
    o Chinese company says blood plasma of recovered patients useful in combating the virus
    o US mulling new travel restrictions

    -end-

    Posted in China, Civil Society, COVID-19, Current Events, Economics & Finance, Energy & Power Generation, Health Care, Medicine, Politics, Urban Issues, USA | 59 Comments »

    How to Think About 2019-nCov

    Posted by Jay Manifold on 8th February 2020 (All posts by )

    In the wake of Ebola, NVD-68, and Zika, we should have all learned our lesson by now. We haven’t. This is 2020—Iowans took a week to count the votes of 5% of their population, and an elderly white Northeastern president is principally opposed by a gaggle of downright ancient white Northeasterners. There aren’t any quick fixes for emergent idiocies like those, but a few simple heuristics will go a long way toward avoiding panic over coronavirus.

    Read the rest of this entry »

    Posted in Aviation, Business, China, COVID-19, Current Events, Health Care, International Affairs, Markets and Trading, Predictions, Society, Transportation, USA | 45 Comments »

    Bafflement

    Posted by Sgt. Mom on 23rd May 2019 (All posts by )

    Speaking as one who formerly identified as a feminist, of the reasonable ‘small-f’ variety, when it meant equal opportunity for education, employment, the same pay for doing the same job, and equal consideration when it came to things like credit, I have always been baffled by how the raving ‘Capital-F’ feminists chose abortion as the hill to die on. I was also baffled by the rabid male-hating by influential Capitol-F feminists like Andrea Dworkin.
    (Ladies, the male of our species may have their moments, and a very, very, very few of them are creatures which any sensible woman should run screaming, or at least murmuring a polite excuse and expeditiously leaving the room … but the rest of them are very nice, if occasionally a bit eccentric in their hobbies and inability to load the dishwasher and remember where they left the toilet seat. They fix things – I rather adore men who can fix things. It’s an endearing quality, as far as I am concerned. They are also stronger than us, and they willingly kill large bugs and spiders.) Read the rest of this entry »

    Posted in Civil Society, Conservatism, Current Events, Diversions, Feminism, Health Care, Society | 51 Comments »

    A Modest Proposal

    Posted by Jonathan on 12th April 2019 (All posts by )

    New ‘Medicare for All’ Bill Would Kick 181 Million Off Private Insurance

    Now might be a good time for new federal legislation requiring all members of Congress to use only Medicaid for their own non-emergency medical care. The plan’s features could include:

    -Doctors assigned randomly from a list of the Medicaid providers in each member’s district.

    -Penalties (fines? misdemeanor/felony? the posting of the member’s name in an online ledger?) for going outside of this system for treatment without prior approval.

    -Prior approval to require a unanimous vote by a panel of citizens selected randomly from a list of the registered voters in each member’s district.

    Of course this legislation would have no chance of passage. Its purpose would be to make Congressional single-payer advocates explain why they should be exempt from it, and then why the rest of us should be be subjected to their hare-brained socialized-medicine schemes.

    Make them live by their own rules, as a great man once said.

    Posted in Big Government, Health Care, Leftism, Medicine, Politics | 9 Comments »

    Some thoughts on what health care reform could look like.

    Posted by Michael Kennedy on 1st April 2019 (All posts by )

    I have previously posted some articles on the French healthcare system, which is the best in Europe.

    Here is an article on the French system.

    The French citizen or resident joins Caisse Nationale d’Assurance Maladie deTravailleurs Salariés (CNAMTS)—health insurance organisation for salaried workers. That covers about 80% of the population now and it pays 80% (often more like 70%) of a fee schedule for the doctor visit although specialists are allowed to charge more. French doctors are divided for payment and fee schedule purposes into three “sectors” after 1980. Sector 1 doctors agreed to abide by the fee schedule established in 1960, modified for inflation and technological changes. They are mostly primary care doctors although some had waivers from the fee schedule prior to 1971 because they were more experienced or had great reputations. Few are still practicing. Sector 2 doctors could set their own fees but reimbursement was still determined by the fee schedule. These two categories correspond roughly to Medicare assignment in the US. If you accept assignment, you agree to accept Medicare payment as the full payment (or 80% of it plus the Medi-Gap payment).

    The French have private insurance that acts like US “Medi-Gap” polices but for all.

    It seems unlikely to me that Democrats would accept a health plan that allowed balance billing, which is the only way to control costs, short of pure rationing. The French basically provide a fee schedule that is the same for everyone but which allows doctors to charge more if the patient is willing to pay. For example, I called the office of a new internist last week to schedule an appointment. The clerk required that I submit all my insurance information, not my health status, and the doctor would decide if he would see me. If he is that busy, perhaps he could justify charging more.

    Here is another article from that series explaining the French system.

    French primary care physicians are paid less than American but medical school in France does not require a college degree and is free. I suspect that system might be more attractive in the US than many realize.

    Unfortunately, such a radical reform is unlikely. There are other options under consideration.

    Read the rest of this entry »

    Posted in Big Government, Health Care, Medicine | 19 Comments »

    Russia to healthcare in one day. What now ?

    Posted by Michael Kennedy on 30th March 2019 (All posts by )

    Last Friday, the Mueller report was submitted to the DOJ. Monday, left wing media saw ratings collapse.

    What next ? Why Healthcare, of course.

    Obamacare, which is a form of expanded Medicaid, costs too much and provides too little care (high deductibles) unless you are a Medicaid recipient. It was designed to shift costs to the insured from the poor. It also was a gift to certain sectors of the healthcare industry. Ted Kennedy criticized healthcare as a “cottage industry” with lots of independent doctors doing their own thing as small businesspeople. That is why doctors have traditionally been conservative. Obamacare changed that. Healthcare is now an industry with doctors mostly on salary and controlled by administrators.

    I talked to a young ophthalmologist last week, who had treated a mild eye disorder. He told me he moved to Tucson to work at U of Arizona medical center, which used to be called “UMC” by everybody in Arizona. He explained that the UMC administrators had gotten deeply into debt installing a new “Electronic Health Record” system and sold the UMC to Banner Health. This is a chain that runs the former UMC and has seen an exodus of university faculty physicians. Even my barber noticed. He told me several weeks ago that his surgeon, who had operated on him, got tired of constantly being told he only had 15 minutes to see each patient and left for the VA. The ophthalmologist was disappointed as he had looked forward to working at the academic center.

    Traditionally, administrators hated doctors. We made their lives more difficult by advocating for patients. I once told an administrator that if the hospital did not reduce the markup on pacemakers, I would testify for the patient if they sued him for the balance of the bill. They didn’t like it but knew I could go elsewhere,and take my patients there. If I had been an employee, I would not have that choice. Several years ago, I explained how we started a trauma center in our hospital. Since then, the hospital has been sold to a non-profit run by nuns. The surgical group that ran the trauma center for 35 years was fired two years ago. They had declined to sell the group to the hospital. They were replaced by six female surgeons no one had ever heard of and who had never applied for privileges at the hospital or been evaluated by the Surgery Department. No one knew anything about them except one member of this new group had applied for a job at the trauma group and been turned down.

    There were a few comments about some less satisfactory results on trauma cases but that has quickly gotten quiet.

    Read the rest of this entry »

    Posted in Big Government, Health Care, Medicine | 2 Comments »

    The Revenge of John McCain.

    Posted by Michael Kennedy on 1st December 2018 (All posts by )

    John McCain Was elected to Congress in 1982 and elected to the Senate in 1986 taking the seat previously held by Barry Goldwater. In 1989, he was involved in the “Keating Five Scandal.

    The five senators—Alan Cranston (Democrat of California), Dennis DeConcini (Democrat of Arizona), John Glenn (Democrat of Ohio), John McCain (Republican of Arizona), and Donald W. Riegle, Jr. (Democrat of Michigan)—were accused of improperly intervening in 1987 on behalf of Charles H. Keating, Jr., Chairman of the Lincoln Savings and Loan Association, which was the target of a regulatory investigation by the Federal Home Loan Bank Board (FHLBB). The FHLBB subsequently backed off taking action against Lincoln.

    The late 1980s were the era of the Savings and Loan scandals.

    The Federal Home Loan Bank Act of 1932 created the S&L system to promote homeownership for the working class. The S&Ls paid lower-than-average interest rates on deposits. In return, they offered lower-than-average mortgage rates. S&Ls couldn’t lend money for commercial real estate, business expansion, or education. They didn’t even provide checking accounts.

    In 1934, Congress created the FSLIC to insure the S&L deposits. It provided the same protection that the Federal Deposit Insurance Corporation does for commercial banks. By 1980, the FSLIC insured 4,000 S&Ls with total assets of $604 billion. State-sponsored insurance programs insured 590 S&Ls with assets of $12.2 billion.

    Inflation in the late 1970s and early 1980s led to pressure on Savings and Loan institutions that had been lending money at 6% to home buyers but savers were demanding higher interest rates to compensate for inflation. The S&Ls were caught in the “Borrow high and Lend low” vise that led to their demise.

    My review of Nicole Gelinas’ book on the 2008 economic crisis includes some discussion of the 1986 problems.

    The story of the 2008 collapse begins in 1984 with the rescue of the Continental Illinois Bank. Here began the “too big to fail” story. Two things happened here that led to the crisis. One was the decision to bail out all depositors, including those whose deposits exceeded the FDIC maximum. Secondly, the FDIC guaranteed the bond holders, as well. Thus began the problem of moral hazard. Another feature of this story was the role of Penn Square Bank, which had gone under two years earlier in the wake of the oil price collapse, which devastated many of its poorly collateralized loans in the oil industry. Both banks had been caught seeking higher returns through risky investments. Penn Square, however, had been allowed to collapse. Continental was rescued and that began a trend that the author lays out in detail through most of the rest of the book.

    The 1986 crisis and the 1989 scandal affected McCain deeply. He was a freshman Senator and was probably included in the group for two reasons. First he was the only Republican and Second, Keating, a Phoenix developer, was a constituent. McCain was humiliated and his ego was as big as all outdoors.

    His reaction to his humiliation was once of the worst pieces of legislation in the 20th century, The McCain-Feingold Act.

    In 1995, Senators John McCain (R-AZ) and Russ Feingold (D-WI) jointly published an op-ed calling for campaign finance reform, and began working on their own bill. In 1998, the Senate voted on the bill, but the bill failed to meet the 60 vote threshold to defeat a filibuster. All 45 Senate Democrats and 6 Senate Republicans voted to invoke cloture, but the remaining 49 Republicans voted against invoking cloture. This effectively killed the bill for the remainder of the 105th Congress.

    McCain, still in his “Maverick mode and still running on ego, persisted.

    Read the rest of this entry »

    Posted in Big Government, Elections, Health Care, Personal Narrative, Politics | 19 Comments »

    Where is health care going ?

    Posted by Michael Kennedy on 28th August 2018 (All posts by )

    UPDATE: A new analysis of Obamacare’s role in the conversion of American Medicine to an industry with corporate ethics.

    The health system is now like a cocaine junkie hooked on federal payments.

    This addiction explains why the insurance companies are lobbying furiously for these funds alongside their new found friends at left-wing interest groups like Center for American Progress. The irony of this alliance is that the left-wing allies the insurers have united with hate insurance companies and want to abolish them. The insurance lobby is selling rope to their hangman.

    Hospital groups, the American Medical Association, the AARP and groups like them are on board too. They are joined by the Catholic Bishops and groups like the American Heart Association and the American Lung Association. (If you are donating money to any of these groups you might want to think again.) This multi-billion dollar health industrial complex has only one solution to every Obamacare crack-up: more regulation and more tax dollars.I practiced during what is more and more seen as a golden age of medical care. Certainly the poor had problems with access. Still, most got adequate care, either through Medicaid after 1965, or from public hospitals, many of which were wrecked by Medicaid rules and by the flood of illegal aliens the past 40 years.

    Obamacare destroyed, probably on purpose, the healthcare system we had. It had been referred to by Teddy Kennedy, the saint of the Democrats Party as “a cottage industry.” As far as primary care was concerned, he was correct. What we have now is industrial type medicine for primary care and many primary care doctors are quitting.

    So why is there waning interest in being a physician? A recent report from the Association of American Medical Colleges projected a shortage of 42,600 to 121,300 physicians by 2030, up from its 2017 projected shortage of 40,800 to 104,900 doctors.

    There appear to be two main factors driving this anticipated doctor drought: First, young people are becoming less interested in pursuing medical careers with the rise of STEM jobs, a shift that Craig Fowler, regional VP of The Medicus Firm, a national physician search and consulting agency based in Dallas, has noticed.

    “There are definitely fewer people going to [med school] and more going into careers like engineering,” Fowler told NBC News.

    There are several reasons, I think. I have talked to younger physicians and have yet to find one that enjoys his or her practice if they are in primary care. That applies to both men and women. Women are now 60% of medical students. This has contributed to the doctor shortage as they tend to work fewer hours than male physicians.

    A long analysis of physician incomes shows that 22% of females report part time work vs 12% of males.

    Physicians are the most highly regulated profession on earth. The Electronic Health Record has been made mandatory for those treating Medicare patients and it has contributed a lot to the dissatisfaction of physicians.

    THE MOUNTING BUREAUCRACY
    This “bottleneck effect” doesn’t usually sour grads on staying the course, Fowler finds, but he does see plenty of doctors in the later stages of their careers hang up their stethoscopes earlier than expected. Some cite electronic health records (EHRs) as part of the reason — especially old school doctors who don’t pride themselves on their computer skills. New research by Stanford Medicine, conducted by The Harris Poll, found that 59 percent think EHRs “need a complete overhaul;” while 40 percent see “more challenges with EHRs than benefits.”

    If I remember my arithmetic, that adds up to 99% unhappy with the EHR.

    Most primary care physicians I know are on salary, employed by a hospital or a corporate firm. They are require to crank out the office visits and are held to a tight schedule that does not allow much personal relationships with patients. The job satisfaction that was once a big part of a medical career is gone.

    Posted in Health Care, Medicine, Obama, Politics | 43 Comments »

    Retrotech, Revitalized

    Posted by David Foster on 24th August 2018 (All posts by )

    A triple-expansion steam engine, which was used for water pumping in Phillipsburg NJ, has been restored to operating condition thanks to a small group of dedicated volunteers.  The engine, which pumped 6 millions gallons per day to a reservoir 265 feet above its level, was built in 1913 and was in continuous operation until 1969, when it was put into standby status (the pumping duties having been taken over by electric pumps) and finally removed from service in 1982.  Here’s a video of its final run in 1982, which has turned out to not be so final.

    The boilers have not yet been restored; test runs were done using a portable commercial rent-a-boiler as the steam source.  The team intends to restore one of the boilers as well in the future.

    When people think about the vast improvements in health and lifespan over the past century and a half, attention tends to be focused on antibiotics, better medical care, x-ray and scanning equipment, etc.  Public water systems, enabled initially by waterwheels and especially by engines like this one, played an important role as well.

    The restoration team has a Facebook page, here.

    See also my posts 301 Years of Steam Power and 175 Years of Transatlantic Steam.

    Posted in Energy & Power Generation, Health Care, History, Tech | 7 Comments »

    CON Does Seem Like an Appropriate Acronym

    Posted by David Foster on 5th August 2018 (All posts by )

    Thirty-five states and the District of Columbia currently impose certificate-of-need (CON) restrictions on the provision of healthcare. These rules require providers to first seek permission before they may open or expand their practices or purchase certain devices or new technologies. The applicant must prove that the community “needs” the new or expanded service, and existing providers are invited to challenge a would-be competitor’s application.

    …from a Mercatus article on healthcare “Certificates of Need”, linked by The Advice Goddess.

    In most other industries, collusion of providers in order to keep supply down–and, hence, prices up–is considered an antitrust violation and can carry heavy civil and criminal penalties.

    Does anyone see any legitimate public-policy rationale for the requirement for the CONs in healthcare?

    Posted in Big Government, Business, Health Care | 20 Comments »

    Citizens, Subjects, and Audience

    Posted by Sgt. Mom on 30th April 2018 (All posts by )

    I am distracted this week, through having to oversee and assist with a spot of home renovation, and the launch of Book Six of the Luna City Chronicles – One Half Dozen of Luna City, which is available as of today in print, Kindle and other ebook formats – although by no means have I not paid attention to various news hiccups which caught my fleeting attention as they went past.

    As a parent, I can’t help but be sympathetic and supportive of little Alfie Evans’ parents, whose medical situation was as heartbreaking as it was mysterious and likely terminal. Just as I cannot help being viciously cynical regarding the decision by hospital and National Health Service administrators to set the poor tot on the so-called Liverpool Care pathway. Over the strenuous objections of his parents, the church which his parents apparently belonged to, any number of advocates for the rights of parents – all life support cut off, including oxygen, nourishment and water, with the powers of the State and its police minions standing by to enforce the dictates of the state. Read the rest of this entry »

    Posted in Anglosphere, Big Government, Civil Liberties, Current Events, Health Care, Media, The Press, Trump | 38 Comments »

    “ObamaCare Fines Nailed The Working Class In 2017 And Other Unpopular Truths”

    Posted by Jonathan on 29th July 2017 (All posts by )

    Investor’s Business Daily:

    Preliminary data from the 2017 tax season are in, and they’re shocking. Not only does it look like the working class bore the brunt of ObamaCare individual mandate penalties this year, but people with relatively modest incomes apparently paid a lot more than the Congressional Budget Office anticipated.
     
    [. . .]
     
    The 2017 tax data offer new evidence that there’s much to be gained by moving away from the individual mandate and much to lose by sticking with it. Tax returns that had been processed as of April 27 included 4 million that paid ObamaCare fines (officially known as individual shared responsibility payments), with an average payment of $708.
     
    What is striking about the data is that the average payment is barely higher than the minimum payment of $695. Since people were required to pay the greater of $695 or 2.5% of taxable income above the filing threshold ($10,350 in 2017), one takeaway is that most of the $2.8 billion in fines paid through April appear to have come from people with modest to moderate incomes. As a frame of reference, CBO’s 2014 analysis implied that the average mandate payment for this tax season would be roughly $1,075 and that the total amount paid by people earning up to three times the poverty level would barely exceed $1 billion.

    There is much more interesting information in the article. Worth reading in full.

    Posted in Big Government, Economics & Finance, Health Care, Obama, Politics | 19 Comments »

    Access, Access, Access

    Posted by Ginny on 3rd July 2017 (All posts by )

    “Access, Access, Access” Rick Perry repeated to Bret Baier. It seemed a grilled candidate’s non sequitur to Baier’s question: weren’t many Texans uninsured? But I was struck by its truth. Insurance is of little use if no doctors take it, no medicine is available, deductibles and premiums are unmanageable. Positive rights – to food, to medicine, to jobs – are not rights. The theory never stands up to experience.

    Perry’s run was brief; now, his task is encouraging access to energy – of all kinds. Trump seemed an example of excess – still is, I guess. But a nation not just energy independent but energy dominant is one empowered, free. And we can free others: a Europe not beholden to Russian oil is a healthier Europe. Neither Trump nor Perry invented fracking nor could Obama stop its success. But this administration respects it, clears the way for its natural flow.

    Access, access, access – how much does access to energy change our lives each day? How many are alive today because of access to energy forms unknown or at least unused 300 years ago? (Without air conditioning, I would have left my husband years ago. Then, again, he might have come with me.) Consider, though, the other extreme: we would be shocked to hear of elderly couples found frozen in the depth of winter, not uncommon in other times and places. How much more food is generated because of cheap energy? How broadly is food distributed?

    Read the rest of this entry »

    Posted in Americas, Energy & Power Generation, Entrepreneurship, Health Care, Human Behavior | 12 Comments »

    Worthwhile Reading – Science and Technology Edition

    Posted by David Foster on 15th May 2017 (All posts by )

    It seems that octopuses have the ability to edit their RNA dynamically.

    An interesting piece on FDA regulation and medical device innovation.

    Zymergen has automated part of the drug discovery process via a combination of robotics and machine learning.

    Was big data analytics (more specifically, excess faith in same) a major cause of Hillary Clinton’s electoral loss?

    Is there an artificial intelligence misinformation epidemic?

    Cotton spinning – a quintessential technology of the Industrial Revolution – returns to England.

    But to what degree will spinning, as well as weaving, cutting, and sewing, be replaced by 3d printing of clothing?

    James L Taylor Manufacturing, a 106-year-old company making clamps and other woodworking tools sold to producers of furniture, flooring, and cabinets, recently introduced a robotic nester…it replaces the work of a human nester who “snatches boards coming off a conveyer belt in random lengths, hastily rearranges them so that each row of one to five pieces is so long, and bundles the rows into a stack.” One mill in Mississippi placed an urgent order for 3 of these (at $115K each) with the explanation: “I have eight nesters and four of them just called in sick.”

    What is especially interesting about this is that the robotics system was not developed by hiring consultants from MIT or Silicon Valley; the company’s chief engineer (also part-owner of the company) designed the machine himself and wrote the 7000 lines of C++ code to run it.  Reminds me of the cucumber sorting machine developed by a Japanese guy to help out on his parents’ cucumber farm..although that system was developed for the family’s own use rather than as a saleable product as with the robotic nester.

    Posted in Business, Entrepreneurship, Health Care, Medicine, Tech | 6 Comments »

    Dodd-Frank, Obamacare grew out of same faulty reasoning

    Posted by Kevin Villani on 6th March 2017 (All posts by )

    The current partisan war over the Dodd-Frank Act is just one dispute in a broader ideological divide about the government’s role in industry. This dispute, which has deep historical roots, includes a similar battle over Obamacare. The common disagreement at issue with both laws — now in the cross hairs of a GOP-controlled Washington — is the extent to which politicians should subsidize their constituents indirectly through regulation of private companies.

    The Affordable Care Act governing health insurers was about 1,000 pages, and Dodd-Frank governing most other financial institutions was more than twice that. Both stopped short of nationalizing their respective industry, instead generating more than 10 pages of regulation for every one page of legislation, although many view nationalization as an eventual but inevitable consequence, particularly for health care.

    The distinction between public control and public ownership is the primary distinction between the competing mid-20th-century ideologies of fascism and communism. In contemporary terminology, this distinction is between crony capitalism and nationalization, neither of which can be reconciled with competition and freedom of choice.
    Read the rest of this entry »

    Posted in Big Government, Business, Capitalism, Crony Capitalism, Economics & Finance, Health Care, Obama, Political Philosophy, Public Finance, Systems Analysis | 10 Comments »

    Hillary Clinton’s Alinskyite Attacks on Pharma Companies

    Posted by Jonathan on 25th August 2016 (All posts by )

    “Pick the target, freeze it, personalize it, and polarize it.” (Saul Alinsky)

    Hillary is clever to go after individual companies. If she attacked the pharma industry as a whole, it could unite politically in response and perhaps gain political support from other industries that would reasonably see themselves as similarly vulnerable. But individual companies have no defenses against this kind of attack. By singling out one victim she discourages other industry players from doing anything in response, because any company or industry group that responds risks being targeted in the future.

    She has done this kind of thing before. She will probably keep doing it because it’s politically effective. Her attack on Mylan destroyed a large amount of wealth, and probably not just for Mylan’s shareholders. Today Mylan’s CEO is groveling in the media. As with past political attacks by Hillary and others on vaccine manufacturers, yesterday’s attack on Mylan will discourage pharma companies from introducing valuable new products and will reduce the availability of current products. We will probably see more of this kind of extortionate behavior by the federal govt if she is elected, because that’s how the Clintons operate and because a Hillary administration would appoint more lefty judges and DOJ and regulatory officials who would go along with it.

    Posted in Big Government, Crony Capitalism, Economics & Finance, Health Care, Leftism, Markets and Trading, Politics | 42 Comments »