Did you know that 10 out of the 12 largest foundations in the U.S. ((ranked by total giving, not by assets)) are those of pharmaceutical companies? And do you know who the beneficiaries of their largesse are? Themselves. And do you know who the … [Continue reading] about HEALTHCARE AND THE UPPER MIDDLE CLASS
A LETTER TO BILL ACKMAN
Dear Bill, I have long been an admirer of yours. It began back in 2003 when I first received a copy of your report on MBIA questioning its triple-A status. Though a lot of the content and terminology contained in it was unfamiliar and difficult … [Continue reading] about A LETTER TO BILL ACKMAN
LOW OIL PRICES ARE A HUGE ENVIRONMENTAL OPPORTUNITY
The precipitous drop in oil prices creates a huge, once-in-a-lifetime opportunity for every person or group that is fighting the energy industry over environmental issues. Before I reveal what that opportunity is, let me tell you that I followed and … [Continue reading] about LOW OIL PRICES ARE A HUGE ENVIRONMENTAL OPPORTUNITY
WHAT IS TO BE DONE?
No one is going to sing Kumbaya for someone earning $200,000, $400,000, $600,000 a year, but that doesn't mean you lay down and accept the pummeling. Before I get to an action plan, I'm going to sum up the "Crushing of the Upper-Middle Class" (UMC) … [Continue reading] about WHAT IS TO BE DONE?
THE ESTATE TAX PT II: THE STATES TAKE THEIR POUND OF FLESH TOO. PLUS OTHER SMALL INDIGNITIES.
Woe be he who decides to die in NYC. Though the reality is many people choose to move to low inheritance tax states for lifestyle purposes, why should one feel compelled to not live where they want to at the end of their lives? Sadly, there's one … [Continue reading] about THE ESTATE TAX PT II: THE STATES TAKE THEIR POUND OF FLESH TOO. PLUS OTHER SMALL INDIGNITIES.