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“Watch the gap please”

If you haven’t realized it by now, Medicare has a lot of “gaps” in its coverage. In order to close that gap, various private insurance companies offer plans that cover a lot of out-of-pocket costs—for a price. read more…

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The VA—one of this year’s political footballs

VAIt is an election year and as such veterans are a voting block that neither side can resist. Both candidates are promising to overhaul the Veterans Administration, once elected.  The questions are whether to hand it over to the private sector or just try and fix the government organization’s short-comings. read more…

The Hawks return

 

It was one of those weeks that would have been well spent on the beach. The weather was nice, the water warm, and the stock market went nowhere. Welcome to the dog days of summer. read more…

Fedspeak occupies a dull market

It is late summer and a time when the rumor mills work overtime. Financial news departments, confronted with a paucity of breaking news, are desperate to publish “informed opinions” and comments from any public or private sector big name they can find. This week a squad of Fed officials was happy to accommodate. read more…

Three in one

On Thursday, all three U.S. benchmark averages—the S&P 500, NASDAQ and the Dow Jones Industrial Average—registered historical new highs on the same day. You don’t want to know what happened the last time this happened. read more…

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About Bill

Bill Schmick was born in a blue-collar neighborhood of Philadelphia, just a few blocks north of “Rocky Balboa” territory where most of his Catholic schoolmates grew up to be either cops or criminals. He narrowly escaped both professions by volunteering to fight in Vietnam as a U.S. Marine... Read More

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