Links for 6/16/20
Million dollar hospital bills are a formality and a billing error to even send. Putting them on the books is good for the balance sheet in the short term. GAAP needs to be changed to make them worth only likely value - including the likelihood of bankruptcy relief.
The Xavier case shows why ownership must be part of unionization. Seats on the Board of Regents would stop such nonsense. Religious orders a form of union. They should know better.
If the pandemic is as bad nationally as it was in NY and NJ, deaths will be upward of 400,000. This won't be good for Pence in November. Pence on the ticket is the only way the GOP can survive - especially with Warren on the ticket. Biden against Trump, especially without Warren, puts the Never-Trumpers in the catbird seat - not good for Warren on the ticket. Reacting to racism does not change the economics of the anti-Trump movement.
Most people who think PC is bad are looking at the bathroom wars, speech codes, identity labels and correct small stalk. Trump has made them woke. Bruce Bartlett's current column in the New Republic gives a good analysis of the NTs and how they ignored racism. The same principle of ignoring faults also exists on the left, although in the current round of protests, marchers are very vocal about disowning organized looters, anarchists and right-wing plants who are doing most of the burning.
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