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  • Remarkable graph in the Economist showing that not only is total healthcare spending per person in the US vastly more than any other rich country; public spending is higher than any other country on its own. Every taxpayer already pays more in taxes for healthcare than they would if they lived in Germany, France, the UK, Sweden… incroyable.
    (del.icio.us tags: healthcare America )
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  • 'The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform.' A brutal article by Simon Johnson, former chief economist of the IMF.
    (del.icio.us tags: finance America economics )
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  • “I spent the first 17 years of my life dirt-poor,” said Cassano, who was raised by a single mother in one of the most crime-ridden neighbourhoods in Italy and said he is certain that had it not been for football, he would have become a hoodlum. “Then I spent nine years living the life of a millionaire. That means I need another eight years living the way I do now and then I’ll be even.”
    (del.icio.us tags: football Italy )
  • 'On Boxing Day 1789, Franklin wrote to Webster in Hartford, returning the compliment: 'It is an excellent work, and will be greatly useful in turning the thoughts of our countrymen to correct writing.' He shared and appreciated his friend's prescriptivist distaste for vulgar idiom, and wanted to contribute further follies to a future edition of the work.'