Free Republic

Economic reality took a bite out of President Biden over the holidays when a family friend griped in his Delaware home that ground chuck can now cost $5 per pound. But the president said Monday his beef was with corporate “middlemen” rather than decades-high inflation that has caused the price of food and consumer goods to spike. “I was sitting in my kitchen yesterday and here’s a sunroom off the kitchen and my wife was there with her sister and a good friend named Mary Ann,” Biden recounted during an event focused on ways to reduce meat prices. “And she...

“Middlemen" are causing a crisis in health care that's hitting everyday Americans in the wallet and preventing them from getting the care they need. They have contributed to soaring health care costs and medicine shortages. On May 11th of this year, the President held a press conference and stated "We’re very much eliminating the middlemen. The middlemen became very, very rich. Whoever those middlemen were — and a lot of people never even figured it out — they’re rich. They won’t be so rich anymore." https://www.houstoncourant.com/houston-voices/2019/7/28/middlemen-in-healthcare-creating-high-costs

Shedding new light on the involvement of former board members in lucrative deals, CalPERS revealed Thursday that marketing middlemen known as placement agents earned more than $125 million in fees from investments by the pension fund. The agents include four ex-CalPERS board members, among them former state Treasurer Matt Fong and former CalPERS President William Crist. Their activities as placement agents were disclosed for the first time in thousands of pages of documents released by the California Public Employees' Retirement System. Crist defended his work when reached by phone at his home in Turlock on Thursday, and Fong couldn't be...