Walmart Competing Against Doctor Offices

October 22, 2014

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Walmart is now opening clinics to compete in the ever changing healthcare landscape. This from Marketwatch:

Wal-Mart Stores Inc. pushed down prices for some generic prescription drugs to just $4 eight years ago, setting a new industry standard. Now it is trying to do the same for seeing a doctor.

On Friday, a Walmart Care Clinic opened in Dalton, Ga., six months after Walmart U.S., the retailer’s biggest unit, entered the business of providing primary health care. It now operates a dozen clinics in rural Texas, South Carolina and Georgia and has increased its target for openings this year to 17.

Here is a list of pricing for services offered:

An office visit costs $40, which Walmart U.S. says is about half the industry standard, and just $4 for Walmart U.S. employees and family members with the company’s insurance. A pregnancy test costs just $3, and a cholesterol test $8. A typical retail clinic offers acute care only. But a Walmart Care Clinic also treats chronic conditions such as diabetes. (Walmart U.S. also leases space in its stores to 94 clinics owned by others that set their own pricing.)

People Borrowing More from 401k’s

October 21, 2014

Via USA TODAY -

More investors are taking out loans against their 401(k)s, and that could hurt their retirement income by hundreds of dollars a month, according to an analysis by Fidelity Investments released Wednesday.

The number of investors borrowing from their 401(k)s has been steadily increasing for more than a decade. Today, more than one in five people, or 22.5% of Fidelity’s 401(k) investors, borrow against their retirement savings, up from 18.7% in 2000, according to Fidelity’s analysis of 13 million investors.

More than 2 million investors have outstanding loans, and nearly 1 million took out loans in the past year.

Cost of Caring for Illegal Immigrant Children

October 20, 2014

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One of the ealry known costs in caring for illegal immigrant children placed in adoptive homes is $192 Million. The Washington Times is reporting the placement agency who won the contract bid is in charge of 66,000 illegal children.

The 150-page request for transportation proposals, posted online at government contractor website fbo.gov, was issued by U.S. Immigration and Customs Enforcement to MVM Inc., a large security contractor founded by a former Secret Service agent and based in Ashburn, Virginia.

MVM Vice President Christopher McHale confirmed in an email that his company did win the contract, which the website says is worth $192 million, but he declined to talk about any of the details.

Here are the requirements in the contract when harboring the children:

Want to bid for a contract to care for the illegal immigrant children coming across the border? Make sure your staff members get Hepatitis vaccines and regular TB tests and can speak foreign languages — probably Spanish but maybe Mandarin, suggesting a surprising number of the children are coming from China.

The federal government guarantees the children three meals a day, and they must take account of health, religious observance or vegetarian diets. The children also have a right to second helpings, according to contract documents issued last month seeking a transportation company to ferry the children within Texas.

This does not account for the costs local taxpayers of school districts have occurred since the federal mandated taking in the illegals since their arrival.

Example of the Stupidity in Socialism

October 19, 2014

Check out CNBC and their write up of Venezuela’s economic downfall. One thing that stuck out and why Socialism is one of the dumbest philosophies people cling onto:

Venezuela produces 2.6 million barrels per day and gives away at NO COST 1.2 million of those barrels for free to places like Cuba.

Oil Boom: Pic of Wages Posted at North Dakota Walmart

October 16, 2014

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Indiana Gets “AA+” Grade From Fitch Ratings

October 15, 2014

Fitch Ratings assigns an ‘AAA’ implied GO rating to the state of Indiana and affirms the ‘AA+’ rating on outstanding Indiana appropriation-backed debt issued by the Indiana Finance Authority (IFA), the Indiana State Office Building Commission, and the Indiana Transportation Finance Authority.

The IFA was established in 2005. The state’s debt structure formerly was diffuse with state appropriation-backed debt issued through several commissions and authorities. The IFA is the successor agency to the former agencies.

The Rating Outlook is Stable.

Read the rest at HeraldOnline.com

What Percent of Drivers in the US are Uninsured?

October 15, 2014

As of 2013, an estimated 14% of drivers nationally are uninsured, according to the industry-funded Insurance Research Council

Walking Dead Season Premiere Explodes in Numbers

October 13, 2014

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Last night AMC’s show “The Walking Dead” made its season return and did not disappoint in tv viewership numbers along with social media. Via TV By the Numbers:

The season five premiere of AMC’s “The Walking Dead” delivered the highest ratings in series history. The episode was watched by 17.3 million viewers and 11 million adults aged 18-49, increases of 7% and 6%, respectively, over the season four premiere, the previous record-holder. “The Walking Dead” continues to be the #1 show on television among adults 18-49. Last night’s episode outperformed everything else on television in this key demographic, including Sunday Night Football, by over 2.5 million adults 18-49. With time-shifted playback, the season five premiere should exceed 22 million viewers.

The season five premiere of “The Walking Dead” was the series’ most talked about episode ever, dominating social media activity for all of scripted television in 2014 as well as for the night. The premiere telecast garnered a total of 1,320,056 Tweets, making “The Walking Dead” the #1 new season drama premiere for 2014 in terms of Tweets and the #1 series premiere of 2014 in terms of Unique Authors. “The Walking Dead” is also one of the only shows in Twitter history to have had all 10 trending topics in the United States pertain to the show simultaneously. On Facebook, the day of premiere saw more than 7.7 million users driving more than 32.1 million interactions related to “The Walking Dead.” For the past four weeks, “The Walking Dead” has had the most engaged Facebook page of any television program, with 15 times the engagement of any other program on premiere day.

Michael Jackson Still Owes Taxes

October 13, 2014

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The King of Pop may be gone but his estate is still being hounded by the IRS. According to Forbes, they are going for more blood:

In a previously unreported court filing, the government says that IRS auditors originally thought the King of Pop owned only 50% of certain master recordings at his death in June 2009, when he really owned 100% of them. That 100% interest was worth $91 million by the IRS’ figuring, compared to the $11 million reported on the Jackson estate tax return.

The change brings the IRS’ valuation of Jackson’s estate and lifetime taxable gifts up to $1.178 billion, compared to the $7 million the estate reported. The IRS now wants a total of $525.6 million in tax and $205.1 million in gross valuation misstatement and negligence penalties. (Any interest owed will be on top of that.) Of course both the IRS and the estate’s values are best regarded as opening bids in what could be a long negotiation. A trial, if there is one, is far off.

$385 Steak Now in New York City

October 12, 2014

Empire Steak House Offer Kobe Beef

Empire Steak House, owned and operated by the Sinanaj brothers, announced it will offer the hardest-to-find steaks in United States – imported certified Japanese Kobe tenderloin and ribeye. A choice of an 8-ounce tenderloin or 10-12 ounce ribeye will be priced at $385 and $375, respectively.
Kobe beef is a cut of meat from a special breed of wagyu cattle, called Kuroge. It is the only beef with unsaturated fat, which is filled with Omega-3 and Omega-5. Fed with rice straw that fortifies the cow’s stomach, soy, wheat, beef, and other secret ingredients in Japan, these cows are 30 percent larger than U.S. cows before slaughtering at 30 to 34 months of age, rather than the typical 18 to 20 months of age in the U.S.

Read the rest here


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