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Linda Lavelle May 18, 2013 at 11:49 am
The bull market continues because our currency continues to be devalued by the Feds' printing press.Read More In 2006 dollars it has not increased value at all. In addition, revenues have increased (due to the above) but companies' earnings remain mostly flat. Three cheers for a stagnant economy? Households have lost approx. $4000 each in wealth over the last couple of years.
Richard Hastings May 8, 2013 at 03:39 pm
Dear Mr. Gladstone: Your comments provide for a great way of starting or continuing a discussion andRead More for that I am thankful. The fact which you cited provides for a compelling argument to further your position on "tort reform" regarding how medical malpractice awards have allegedly been steadily increasing, however it is contrary to the information provided to us by the United States government. The U.S Department of Heath and Human Services recently published its statistical findings which indicate that medical malpractice awards have steadily decreased over the past 11 years. (http://www.npdb-hipdb.hrsa.gov/servlet/DataTablesByStateServlet?selectedTab=Tabular&stateCode=US&tableNum=Table1) Further, according to the Institute of Medicine, preventive preventable medical errors kill almost 100,000 Americans every year and injure countless others. In fact, if the Centers For Disease Control were to include preventable medical errors as a category, it would be the sixth leading cause of death in America. One might surmise from this data that we have an epidemic of medical malpractice cases but not medical malpractice lawsuits. I would suggest that investigating ways to prevent these medical errors might provide for a more holistic solution to this systemic problem.
Porter Gladstone III May 6, 2013 at 05:03 pm
Im thinking of writing a book called "parasites, medical malpractice lawyers and theRead More exaggerations of claims." Or maybe "crash course--why personal injury lawyers are ruining this country." Medical malpractice awards have increased at a rate of roughly 12% per year for the last 40 years. When we are aghast at the cost of soaring college costs just consider that at this rate, the cost of Yale tuition would be 115,000 a year, as opposed to 43k. And remember we are all appalled at how fast that has risen. A crash course in how all of this parasitical work, costs all of us so dearly when we pay our taxes (medicare/medicaid) or insurance company.
SEB April 23, 2013 at 09:32 pm
Very interesting read! I can say it does make me think, as I can personally relate to thisRead More discussion. Thanks for sharing!