Equity funds profitability
jeudi 25 février 2021 à 01:00How private equity funds exaggerate the profitability of investing in them. Don't trust what they claim they can do.
Site original : Richard Stallman's Political Notes
How private equity funds exaggerate the profitability of investing in them. Don't trust what they claim they can do.
The Department of Transportation agreed to an alliance between American Airlines and Jet Blue. But now it will reconsider the decision, because such alliances are anticompetitive.
Texas thugs arrested a man for walking while black during a snowstorm. Fortunately, nothing worse resulted.
For $25 billion, the US could easily give everyone Covid-19 vaccine.
Given what Russia and China are doing, providing vaccine to everyone else would cost considerably less. Wouldn't it be great to put an end to Covid-19 sooner? And the US would win gratitude for this generosity, just as Russia and China are winning it now
But the US should not spend the money on windfall profits by paying high prices. First it should allow other manufacturers, to reduce what vaccines cost.
The article refers to patents as "intellectual property". That term causes confusion which benefits patent holders as they try to restrict others. It's a shame that representatives of organizations that seek to serve the public good speak in ways that build up the obstructive power of patents.
Neera Tanden's confirmation by the Senate is in jeopardy, for the wrong reasons: for condemning Republicans, not for working with plutocratists.
I wonder why progressive senators plan to vote for her. If they have a reason to think having her as head of the OMB would be good, I would like to know it.