The Rich Get Richer . . . .

[The following items from today's NY Times more or less capture the economic injustices being inflicted upon Americans by the alliance of corrupt corporate interests with the Bush administration. Hospital chiefs are being bribed to buy company products, CEOs are getting gigantic payments via corrupt accounting practices, and elderly Americans (and the rest of us) are being sentenced to earlier deaths to fund the profiteers. Shame! Some may not be able to open these websites if not NY Times subscribers, but you can get the drift from the blurbs. Presumably these are items that most Americans -- who get most of their information via cable TV will not see there. Ed Kent]

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Hospital Chiefs Get Paid for Advice on Selling to Hospitals
By WALT BOGDANICH
Companies are paying executives at some of America’s
leading nonprofit hospitals to talk privately with
providers of hospital supplies and services.

http://www.nytimes.com/2006/07/17/business/17group.html?th&emc=th

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Bush Administration Plans Medicare Changes
By ROBERT PEAR
The changes could cut payments by 20 percent to 30 percent
for complex treatments and new technologies.

http://www.nytimes.com/2006/07/17/us/17medicare.html?th&emc=th

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Study Finds Backdating of Options Widespread
By STEPHANIE SAUL
More than 2,000 companies appear to have used backdated
stock options to sweeten their top executives’ pay
packages, a new study suggests.

http://www.nytimes.com/2006/07/17/business/17options.html?th&emc=th
--
"A war is just if there is no alternative, and the resort to arms is legitimate if they represent your last hope." (Livy cited by Machiavelli)
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Ed Kent 718-951-5324 (voice mail only) [blind copies]
http://groups.yahoo.com/group/EndingPoverty
http://BlogByEdKent.blogspot.com/
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