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Francis K. DeVuono

Francis K. DeVuono

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Francis K. DeVuono
Hometown: Chicago,, IL
Interests: Health Care for All, A. Lincoln
Honors: 2

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Monica Sanchez's picture

CAF STAFF

Health Insurance Premiums and the Stock Market

By Monica Sanchez
November 19th, 2008

If you ever wondered what the insurance companies do with our premium dollars other than pay out claims here is one answer: they invest our money in the stock market. When the market is good, these investments generate even bigger profits for them. When it’s not, it means higher premiums for us.

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Robert Borosage's picture

CAF STAFF

Free Fall

By Robert Borosage
November 19th, 2008

"The era of big government is over" is over. A major recovery program—featuring substantial public investment—will be inevitably the first initiative of the Obama administration. It should feature more spending than tax cuts—investing in renewable energy and conservation, in rebuilding everything from schools to bridges to a smart electric gird, in helping cities and states avoid crippling cuts of services, in keeping college affordable, providing health care to children, and aiding those most in need.

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Philip Palij's picture

Citigroup To Cut 50,000 Jobs

From mayfield.co.nz
November 17th, 2008
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Submitted by Philip Palij

mayfield.co.nz — Citigroup CEO Chuck Prince resigned with a reported payoff package worth $US 38 million after the company was forced to write down billions of dollars of mortgage backed assets accumulated under his directorship. Latest reports put the figure at a staggering $US 64 Billion.

It is unlikely those laid off will receive similar severance deals.

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Monica Sanchez's picture

CAF STAFF

Think Health Reform Should Be Put Off Because of the Economic Crisis? Think Again!

By Monica Sanchez
November 17th, 2008

A look at how much we will be paying for health insurance in about 20 years—if we continue on the same path we are on—makes it abundantly clear that we cannot afford to put off health reform any longer. more »

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Bernie Horn's picture

CAF STAFF

The Great Battle of 2009

By Bernie Horn
November 16th, 2008

Without an economic recovery program of unprecedented size and scope, our economy will fall into a deep recession, putting all of our progressive goals in serious jeopardy. more »

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Monica Sanchez's picture

CAF STAFF

Do Profits Drive Innovation and Cost-Savings in Health Care?

By Monica Sanchez
November 14th, 2008

"Free-market" boosters want us to believe that profits spur innovation that leads to overall health care system improvements and cost-savings. The evidence contradicts them. more »

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Philip Palij's picture

AIG Execs Caught Partying Again in Phoenix Luxury Resort

From triphow.com
November 14th, 2008
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Submitted by Philip Palij

triphow.com — And so it goes... This is how US Taxpayers bailout money is being used.

"...In spite of efforts by AIG to keep the retreat underwraps, ABC15 sniffed it out and found the execs staying at the casitas at the resort, enjoying poolside meetings, spa workouts, and spending $400 at a restaurant on meals and drinks..."

Change we definitely need!

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Philip Palij's picture

Iran Returns to the Global Stage

By Philip Palij
November 13th, 2008

November 10, 2008 Geopolitical Intelligence Report

By George Friedman
Related Special Topic Pages more »

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Berry Ives's picture

Health Care and Common Sense: HR676

By Berry Ives
November 12th, 2008

Of course, the plan Kennedy refers to in his recent Washington Post article is one like that proposed by Health Care for America Now, which is the one that overwhelmingly has dominated the articles of CAF's writers and which is presently being supported by Obama.

One of the many flaws in that proposed plan is that it is a needs based program, which makes it kind of like a welfare program: more »

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Robert Borosage's picture

CAF STAFF

The Center-Left Nation

By Robert Borosage
November 12th, 2008

Sure, this is a center-right country, but only if you substitute addition for analysis. There are more conservatives than liberals — as there has been for years. So add them to the 44% of the electorate that says they are "moderates," and you get a center-right majority. But do a little analysis. "Moderate" isn't a place holder, as voters who describe themselves that way have attitudes on the issues of the day. And when you look at attitudes, rather than addition, there is no question: Conservatives have had their day. This is a center-left, not a center-right nation. more »

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