I’ve never really gotten into debt,” he says. “I’ve always kind of lived within my means, and I’ve found there’s a lot less stress with that. Debt-Induced Stress Is Still On The Rise: AP Poll People on average carry around $44,000 in debt – mortgages, credit cards, auto loans and other consumer debt. That’s a far bigger load than in the early 1980s, when unemployment … Continue reading

When Toyota makes mistakes that possibly result in dozens of deaths, the country is outraged. When hospitals make mistakes that result in some 100,000 deaths per year, we shrug. What really ails American health care. Continue reading

The same insurance policy is $70 in California but $324 in NY. Why?

An individual can purchase health insurance in California with a $5,000 deductible for as low as $70 a month. In New York, an individual can purchase that same $5,000 deductible policy for $324 a month.  Why the difference?  In California, insurers can deny you coverage if you’re deemed too expensive based on age or pre-existing conditions. They can cherry pick for healthy people. One of … Continue reading The same insurance policy is $70 in California but $324 in NY. Why?

My favorite NYC building, The Chrysler Building, turns 80 today. A few years ago, I became friends with one of the lawyers in a 15 person law firm that occupies the 53rd floor of the Chrysler Building. I got to visit him one Sunday afternoon. A glass door opened up to the veranda that had “safety” rails that came up to about your knees. Here … Continue reading