Tag: taxpayer money
What Financial Engineering Does to Hospitals
Riverton, Wyoming, a city of about 11,000 people at the feet of the Wind River mountain range, seems far away from the world of Big Finance. Yet like so much of America, Riverton has become well acquainted with the business that most epitomizes today’s Wall Street: private equity. In 2018, the local hospital, SageWest, was purchased by Apollo Global Management as part of the giant private-equity firm’s $5.6 billion deal to buy a chain of hospitals called LifePoint Health. Even
The Republican Betrayal of PEPFAR
Twenty years ago, a Republican president, George W. Bush, created the most successful, life-giving global-health program in history. This year, House Republicans appear determined to undermine it. If they succeed, it will be an act of extraordinary recklessness, done even while claiming to be the pro-life party.
In 2003, nearly 30 million Africans had AIDS, including 3 million under the age of 15. In some countries, more than one-third of the adult population carried the disease. More than
UFO Fever Is Taking Over Congress
Earlier today, three witnesses came before Congress to testify about their experiences with unidentified flying objects. A former Navy pilot spoke of the mysterious objects that he has seen with his own eyes and through radar, and how frequently pilots encounter them in the air. A retired Navy commander described the time he pulled his jet up to a Tic Tac–shaped object hovering over the ocean, then watched it suddenly speed up and vanish.
The most anticipated remarks, however, came