Category: Politics, Religion & Money

Remember when “Beverly Hills”^* was the big hook for movie and TV titles? Beverly Hills Cop, Down and Out in Beverly Hills, Beverly Hills 90210, etc. Later, having “American”^* in the title became the big thing. American Hustle, American Beauty, American Experience, The Americans, etc.

Not every case featured on American Greed interests me, but I enjoy its emphasis on white collar crime. No matter how many times people are told that if something seems too good to be true it probably is, they hope they’ll be the exception to the rule. Hey, somebody has to win the Powerball jackpot, right?

^* With a nod to early examples, The Beverly Hillbillies, American Graffiti, and the song “American Pie.”

If Bankman-Fried’s spiel sounded like this before the FTX debacle, I don’t understand why he was so influential. He’s obviously just spinning a line of BS. The kid keeps digging himself in deeper.

I saw a headline, “How Did We Miss the FTX Red Flags?” That’s easy to answer. They ignored the first red flag: IT’S CRYPTO!

Twenty years ago, there was concern about too many of the country’s best and brightest heading to Wall Street straight out of top schools, looking for a quick path to wealth. Get in the game, get rich, get out by thirty. In 2008 we saw how well that worked out. Bankman-Fried got in the game at Jane Street Capital, he got rich on crypto currency, and now at thirty he’s out. No one should take his word that he has only a hundred grand to his name.

The modern influence of hedge fund managers and venture capitalists has created a lot of chaos and not much stability. My Kindle e-reader has been constantly promoting Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail, by Ray Dalio. Another hedge fund manager who thinks, because he’s rich, he has some secret key to the future. He’s welcome to his money but, like Bankman-Fried, I’m not buying what he’s selling.

It’s Time to Level Up Value-Based Care by Integrating Real-Time Patient Insights into Workflows

https://histalk2.com/2022/11/30/readers-write-its-time-to-level-up-value-based-care-by-integrating-real-time-patient-insights-into-workflows/

Uh… what? This gibberish was written by a person, and not generated by AI software? The body of the article has more of the same.

“This is especially true during high-impact moments in a patient’s care journey such as medication checks care transitions, post-treatment follow-ups and screenings, where complete insights can make timely follow-up care and achieving associated quality measures more attainable.
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“From there, providers can make informed care decisions and implement corresponding workflows for timely, effective post-discharge transitions and follow-up treatment to increase member engagement.”

I should send this to my sister who’s a retired MD. She recently had knee replacement surgery and could use a laugh.

After twelve hours of sleep, interrupted by coughing fits, my own medical status hasn’t improved since yesterday. Is it a cold, or perhaps a case of the flu? If the latter, I’m glad I had a flu shot a couple of months ago, or I would be feeling much worse.

“[Bankman-Fried] said he was speaking publicly against the advice of his lawyers, who have instructed him to keep quiet.”
https://www.nytimes.com/2022/11/30/business/sam-bankman-fried-ftx-collapse.html

Kid, in your own best interest, shut up. Apologizing and saying you made mistakes isn’t going to cut it. You learned the lesson that money talks with politicians, making it possible for you to play in the big leagues. You’re going to learn what the flip side of that lesson means.