Tag: bankruptcy

Why Donald Trump Bears No Economic Risks

From Robert Reich: Thirty years ago, on its opening day in 1984, Donald Trump stood in a dark topcoat on the casino floor at Atlantic City’s Trump Plaza, celebrating his new investment as the finest building in Atlantic City and possibly the nation. Last week, the Trump Plaza folded and the Trump Taj Mahal filed for bankruptcy, leaving some 1,000 employees without jobs. Trump, meanwhile, was on twitter claiming he had “nothing to do with Atlantic City,” and praising himself for his “great timing” in getting out of the investment. In America, people with lots of money can easily avoid the consequences

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Occupy!

Yesterday, in a coordinated effort, many of the #Occupy movements were “closed down.” From California to New York, police moved in and cleared out encampments. Now, I think it is critically important for us to review what the #Occupy Wall Street movement is all about. To me, this movement is about Us. Our democracy has stopped working for Us. Over the last 30-40 years the scales have been tipped in favor of the rich and corporations. Politicians have stopped listening to Us. Instead, they listen to corporate lobbyists and the very rich. If you don’t believe this and you don’t believe

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Franken reminds panel that there are zero medical bankruptcies under universal healthcare

Here is yet another reason for universal healthcare. From TP: Yesterday, the Senate Judiciary Committee held a hearing titled “Medical Debt: Can Bankruptcy Reform Facilitate a Fresh Start.” The hearing examined medical bankruptcies in America, and witnesses included CAP fellow Elizabeth Edwards and Kerry Burns, a Rhode Island mother who was forced into “financial ruin” by her late son’s medical bills. One of the highlights of the hearing was when Sen. Al Franken (D-MN) questioned Hudson Institute Senior Fellow Diana Furchtgott-Roth about medical bankruptcies. Franken asked Furchtgott-Roth — who claimed that moving towards a European-style system of universal health care would increase

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ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

Books

A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
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