Alan Farago

Killer Fact: 30-40 Percent of Health Care Spending in the U.S. Is Tied to Excess Sugar Consumption

A recent report by the OECD (Organization for Economic Co-Operation and Development) underscores the health care crisis in the world’s most exceptional democracy. The U.S. spends two and a half times per capita more on health care than any other developed country. How does this happen? Take a look at a key player in the paradox: sugar growers. In Florida it is called, Big Sugar. In other states it is beets, maple syrup and most ubiquitous of all: high-fructose corn syrup extracted from an unlimited corn crop heavily subsidized by taxpayers.

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Why You Should Be Watching Cable TV Comedies and Drama to Understand the Economy

Federal Reserve Chairman Ben Bernanke on Sunday said he engineered the central bank's controversial actions over the past year because "I was not going to be the Federal Reserve chairman who presided over the second Great Depression." Bernanke either doesn't acknowledge or hasn't tapped into the new zeitgeist on pay cable television -- where a raft of characters and plots are better leading indicators than those preoccupying Federal Reserve economists. If Washington doesn't know how to describe a Depression, Americans attracted to cable TV do.

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