Lamasil 250 mg made by the pharmaceutical company Novartis is prescribed for internal use to eliminate a type of fungus beneath the nails.
A local Walgreen wanted $450 for a prescription. When I was in Canada they said it would cost $150 (US) but they could not fill my prescription unless it was written by a Canadian doctor.
When I got home I noticed an ad for http://www.magendavidmeds.com/, an Israeli pharmacy, in the Hadassah Magazine (a Jewish Women’s Organization). I called, sent in the prescription, and just received the prescription: total cost including shipping was……..
$53.15.
from http://bostonreview.net/BR26.5/campbell.html
On October 14, 1964, Jean-Paul Sartre read in Le Figaro littéraire that the Swedish Academy had him lined up for that year’s prize. In fact, the official announcement was not due to be made until the following week; but however it came about, the prediction proved to be accurate. Sartre declined the honor immediately, and with genuine courtesy. He first wrote personally to the secretary of the Academy—”I cannot and do not want to, not in 1964 or ever, accept this great distinction”—and then dictated a statement to a Swedish journalist, in which he said that he had always turned down “official distinctions” in the past, out of a conviction that “the writer must not allow himself to be transformed by institutions.” Sartre had previously declined the highest official accolade his country could bestow on him, the Légion d’honneur (it is a mystery why this committed anti-establishment radical was offered it), as well as a professorial chair at the Collège de France. His refusal of the Nobel, he said, was not “an improvised act,” but the result of a thought-out position on honors and awards. Here was idealism in action, surely, of which even Nobel might have approved? Sartre was turning down a fortune, and modestly putting forward a high-minded reason for doing so. He simply wished to remain free. The Swedish Academy could not see things his way, however. It responded through tight lips—”The fact that he is declining does not alter in the least the validity of the nomination”—and went ahead with the prize-giving ceremony.
also
North Vietnamese Le Duc Tho was awarded the Nobel for Peace along with Henry Kissinger for their peace efforts in 1973, but he turned it down “until peace was truly established.”
In a price update letter from Corey Steel, CEO Paul Darling described abuses in the student loan market.
Student loans comprise an 85 billion dollar market, small compared to the mortgage market. Colleges promote certain lenders for fees and consideration. Students are charged for default insurance in order to “package” the loans to borrowers.
In one case an 11% loan required $650 fee for default insurance, the bank received a $550 marketing fee, the packager took a $1800 fee and the investor who participated in the “package” got a 6% return. This sounds similar to how the subprime mortgage market got out of hand.
Meanwhile tuition climbs and endowments swell. Professionals such as lawyers and doctors have a good chance at sustaining earnings growth to repay the debts, but liberal arts students would be foolish to acquire such debt.
At some point the market will find better delivery systems for a formal education than our current university system, especially in our information age.
what could you learn for $40,000 a year?
The new Congress with its ambitious agenda stalled in futility on the immigration bill and war funding. They have held 600 oversight meetings and 300 investigations, but other than wasted rhetoric and juvenile political games nothing substantial has happened.
This is good and is one reason the market may have been performing so well (at least up until today!)
Maybe it is a good sign that there is so little going on to complain about that we can consume our time with weeks of mindless pablum about the problems of Paris Hilton and Brittany Spears.
tips to Ken Fisher