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Two EO's Signed - Housing
TWO HOUSING EO'S SIGNED:
President Donald J. Trump signs two executive orders to help American citizens achieve the dream of homeownership.
1. Lower Cost of New Homes - Community Banks to get back into the Mortgage Business.
2. Lower Construction Cost on New Homes!
PROMISES MADE! PROMISES KEPT!!!
Thank you President @realDonaldTrump !
00:03:32
Private equity firms are buying up hospitals, & firing staff, leading to a 13% rise in death rates in those ERs. Meanwhile billions in investor gains are paid out.
#hospital
How it works:
A private equity firm identifies a hospital—often a community hospital in rural or underserved areas.
The firm buys it (loans are placed directly on the hospital's books)
Because of that debt, (on the hospital not the firm) the hospital is forced to make quick cash to cover the interest payments.
Cost cutting measures take place: reduced salaries, staff levels cut & services scaled back
Nurses become overworked, support teams exhausted and care level drops.
For example:
Steward Health Care was purchased in 2010, Steward then expanded aggressively but filed for bankruptcy in 2024 with $9 billion of debt, after closing hospitals in Massachusetts and not paying vendors.
#Massachusetts
The CEO reportedly purchased a $40 million yacht during the cost cutting measures, staff cuts and hospital closures.
Private ...
