Nonprofit Hospitals Need New Regulations

ACORN Local 100 Non-Profit

            Nairobi            Here’s the fiction:  nonprofit hospitals are dedicated to serving the healthcare needs of their community, regardless of income.  Because of this fiction, the IRS grants them a tax-exemption worth approximately $28 billion per year.  Here’s the fact:  they don’t act that way, especially the larger nonprofit hospital chains.  ACORN and our partners, Local …

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Good Intentions Take 3rd Place to Profits and Scams

Economics

            Nairobi            Scanning a copy of The Financial Times that I picked up as I hustled through the Frankfurt Airport, I stumbled onto another drumbeat in the chorus of reversals hitting the concept of social investing or ESG, environmental, social and governance screens for big money funds and progressive punters trying to make change for …

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