Fareed Zakaria: In every other rich country in the world, we’ve found markets don’t function properly in health care – including very free market nations like Singapore. Yet all provide universal health care at much lower costs than we do, often with much better health care outcomes than us.

I think you should read both Brill’s essay and Goldhill’s book. There are actually some points of agreement about how to reform what everyone accepts is a badly functioning, almost crooked, marketplace for health care. (Goldhill, by the way, wants universal health care and thinks the government has a big role to play, so this is not an argument for the poor to fend for themselves).

My own views on this difficult issue [...]

Geithner Tells The Truth: “I Never Had A Real Job”

For once, Turbo told the truth on a weekend talk show.  Sort of.  We could add that Geithner never paid taxes like a real taxpayer either.  Geithner’s ongoing attempt to distance himself from Wall Street’s decade of fraud is laughable.  As President of the New York Fed, Geithner was criminally negligent in his role as Wall Street’s chief regulator.

Timmaaayy tells the truth.

 

“I find that the charge that — the myth that I worked in [...]

NIALL FERGUSON: A Greek Exit Announcement Would Probably Come On A Sunday Night

Harvard economic historian Niall Ferguson went on Fareed Zakaria GPS on Sunday to discuss the euro crisis and how a Greek exit from the common currency would play out.

 

Ferguson told Zakaria it would go down on a Sunday night:

So, what you would be talking about would be an announcement, presumably on a Sunday night, along the lines of “news just in, those euros that you have in your bank from tomorrow, will [...]

One Euro = One United States Dollar

For those who were wondering if the bank bailouts were an attempt to nationalize them; it was. According to Hal Boedeker’s blog at http://www.orlandosentinel.com , George Soros was on CNN’s “Fareed Zakaria GPS” on Sunday. When Zakaria asked Soros if he was satisfied with Obama’s job performance as the President, Soros said that he wasn’t and that he wanted the banks nationalized!

 

If that’s not enough to make the hair on the back of any [...]

In the past two decades, the money that states spend on prisons has risen at six times the rate of spending on higher education. California spends $8,667 per student per year. It spends about $50,000 per inmate.

Zakaria: Incarceration nation

Editor’s Note: Tune in this Sunday at 10am or 1pm EST for Fareed Zakaria GPS. 

By Fareed Zakaria, CNN

Something caught my eye the other day: Pat Robertson, the high priest of the religious right, had some startling things to say about drugs.

“I really believe we should treat marijuana the way we treat beverage alcohol,” Mr. Robertson said in a recent interview. “I’ve never used marijuana and I don’t intend to, but [...]

There Are More Americans In Jail Than There Were In Stalin’s Gulag Archipelago

Henry Blodget 
businessinsider.com
March 24, 2012

There are now more Americans in jail — 6 million — than there were in Stalin’s Gulag, reports Fareed Zakaria, in a column called “Incarceration Nation.”

And it’s not just a relative population thing.

The U.S. has 760 prisoners per 100,000 citizens.

How does that compare to other countries?

Read more

A college student costs the state $8,667 per year; a prisoner costs it $45,006 a year.

Zakaria: Incarceration nation

Editor’s Note: The following is an excerpt of Fareed Zakaria’s column in this week’s TIME Magazine, which you can read in full here, behind a paywall.

By Fareed Zakaria

“Mass incarceration on a scale almost unexampled in human history is a fundamental fact of our country today,” writes the New Yorker’s Adam Gopnik. “Over all, there are now more people under ‘correctional supervision’ in America – more than 6 million – than were in the [...]

Zakaria: 5% of U.S. patients account for 50% of health care costs – Global Public Square – CNN.com Blogs

By Fareed Zakaria, CNN

New Jersey’s Camden Coalition of Healthcare Providers founder and family medicine practitioner, Jeffrey Brenner, used medical billing records to find that just 1% of patients accounted for 30% of health care costs in Camden. And that’s not all he discovered in the city’s three hospitals. He says: “We learned that someone went 113 times in one year. Someone went 324 times in five years. In similar workup in [...]

A Look at “The World Of Power” Hobnobbing with the Super Rich and Uber Powerful

The World of Power

Magic Mountain

What happens at Davos?

by Nick Paumgarten March 5, 2012 

The annual meeting of the World Economic Forum, in Davos, Switzerland, was well under way when it officially commenced, early on a Wednesday evening in January, with an address, in the Congress Hall of the Congress Center, by Angela Merkel, the Chancellor of Germany. She had a lot to say about Europe. Some of it—“Do we dare more Europe? Yes, [...]

China’s economy may be headed for a “rough landing,” says Singapore PM Lee Hsien Loong. “They’ve built a lot of infrastructure … a lot of capacity in many industries, autos, some of the electronics industries”

By Eric Engleman

Feb. 5 (Bloomberg) — China’s economy may be headed for a “rough landing,” Singapore Prime Minister Lee Hsien Loong said.

“They’ve built a lot of infrastructure. They have built a lot of capacity in many industries, autos, some of the electronics industries,” Lee said, according to a transcript of an interview airing today on CNN’s“ Fareed Zakaria GPS” program. “There may be a rough landing, but they will get [...]

The CFR’s Updated Constitution

Servando Gonzalez
Intelinet.org
January 2, 2012

“The supra-national sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.”
— David Rockefeller.[1]

“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
—Henry Kissinger.[2]

“In Defense of the World Order . . . U.S. soldiers would have to kill and die.”
—Arthur Schlesinger, Jr.[3]

“Competition is a sin.”
—John D. Rockefeller.

The Founding Fathers of this [...]

Barak: Iran less than a year away from producing nuclear weapon

Iran is less than a year away from being unstoppable in its goal of producing a nuclear weapon, Israeli Defense Minister Ehud Barak said in an interview with CNN released on Saturday.

In an advance transcript of an interview to air on CNN’s “Fareed Zakaria GPS” program on Sunday, Barak said Israel was focused on the prospect of a nuclear Iran and what “should and could be done about it on [...]

Paul Farrell: By 2050, with a population of 10 billion, including 1.4 billion each in China and India, we are in effect committing suicide

By Paul B. Farrell, MarketWatch

SAN LUIS OBISPO, Calif. (MarketWatch) — Last year Bill Gates said if he had “one wish to improve humanity’s lot over the next 50 years” he would pick an “energy miracle,” some magical “new technology that produced energy at half the price of coal with no carbon-dioxide emissions,” says CNN editor Fareed Zakaria in the New York Times.

And he said “he’d [...]

Krugman Calls On Government To Manufacture War To Save Economy

Amidst “alien invasion” rant, many miss the point that NY Times economist was advocating a staged crisis

Paul Joseph Watson
Infowars.com
Monday, August 15, 2011

Amidst the melodramatic reaction to economist Paul Krugman’s eyebrow-raising rant about the impact an alien invasion would have on the US economy, many have missed the point, that Krugman was calling on the government to manufacture a staged event or a war to act as a [...]

Christine Lagarde agrees: Damage already done

This week Fareed Zakaria sat down with the new head of the International Monetary Fund, Christine Lagarde. They talked about the U.S. deficit and the debt ceiling debate. Here is Christine Lagarde agreeing with Fareed Zakaria thatthe damage has already been done.

Fareed Zakaria:  Do you think that the dangers that people speak of could happen anyway – that is, watching this process, markets might lose that kind of [...]

Egyptian Groups Call for Second Round of ‘Rage’ Protests; Lack of Change

gyptian pro-democracy groups are calling for a second round of so-called “rage” protests on May 27 because of a lack of political progress and perceived failure to prosecute members of former President Hosni Mubarak’s regime.

The protests are proposed by several groups including Six of April Youth, which helped organize the first of a series of protests on Jan. 25 that led to Mubarak’s departure in February. Demonstrators will demand speedy [...]

CNN’s Obama Adviser

EDITORS NOTE: Some language used may be offensive to some readers.

As much as CNN likes to tell the public and advertisers that it’s squarely in the sensible center between the partisan attacks of MSNBC and Fox News, the reality says otherwise. Even if CNN has no Screaming Schultzes or Crazy Larry O’Donnell types, it’s still firmly in the Democratic sphere of influence.

On his show, “In [...]

MAG: WHY BOOK JUMPED TO #1…

Two days ago, Matt Drudge linked to a new book by Jerome Corsi, unflinchingly titled Where’s the Birth Certificate? The book immediately leapt to number one on Amazon.com, where it has remained ever since.  The media has shown its usual incredulity at the indisputable stupidity of the American people.  How could so many people question President Obama’s birthplace?  How could they wonder about his origins?  Are [...]

TIME MAG: YES, AMERICA IN DECLINE…

By Fareed Zakaria

I am an American, not by accident of birth but by choice. I voted with my feet and became an American because I love this country and think it is exceptional. But when I look at the world today and the strong winds of technological change and global [...]

The Biggest Lie About U.S. Companies

by Brett Arends
Tuesday, August 3, 2010

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???Commentary: Healthy balance sheets? They owe $7.2 trillion, the most ever
You may have heard recently that U.S. companies have emerged from the financial crisis in robust health, that they’ve paid down their debts, rebuilt their balance sheets and are sitting on growing piles of cash they are ready to invest in the economy.
You could hear this great news pretty much anywhere — maybe [...]

Greece Considering Legal Action Against U.S. Banks for Crisis

Via bloomberg:

May 16 (Bloomberg) — Greece is considering taking legal action against U.S. investment banks that might have contributed to the country’s debt crisis, Prime Minister George Papandreou said.

“I wouldn’t rule out that this may be a recourse,” Papandreou said, in response to questions about the role of U.S. banks in the crisis, in an interview on CNN’s “Fareed Zakaria GPS.” The program, scheduled for broadcast today, was taped on [...]