Healthcare seems to be the business to be in. It is as if they want to give President Obama an unwanted enema. WellPoint’s CEO Angela Braly is raising premiums by up to 56% and that is after recording record profits. Part of her claim is Well Point’s rolls are falling as more companies lay off workers and cancel health benefits and by a rise in COBRA recipients! How’s this? She made a statement COBRA members tend to be sicker and use more benefits. What a heartless bitch. I bet you dollars for donuts, WellPoint succeeds in its growth mode to become more profitable from its smaller base!

Warren Buffet the “Oracle of Omaha” recently sent out his annual shareholder letter telling them the book value of Berkshire Hathaway climbed by 20% in 2009. Berkshire has large investments in corporations such as Goldman Sachs, American Express, Coca Cola and owns outright a huge array of companies like Geico, BNSF Railroad and See’s Candies. He claims spending will have to improve before the growth we are currently experiencing will manifest itself in new jobs. That makes a real chicken and egg situation for the economy. How can spending go up when more and more people are losing jobs?

Again the fat cats of the world keep making more money as the middle class of America rapidly move to become the under class.