Friday’s are our Weekend Edition shows and joining Kerby around the table today are Penna Dexter and Debbie Georgatos. Together they look at the top stories in the news and give your their point of view. We value your point of view so give us a call at 800-351-1212.
Joining them for a segment is Foster Friess, philanthropist, businessman and patron of conservative Christian causes. He discusses his recent article in the Washington Times When Hospitals Resist Change.
For eight years she served as Marlin Maddoux’s co-host on Point of View and for two years she co-hosted a daily drive time live broadcast on the Dallas-based Criswell Radio Network.
Penna’s interest in conservative politics and the issues that affect the family began when she was a child working on political campaigns with her parents. She graduated from the University of Southern California with a degree in International Relations. She spent 8 years in the banking industry. She and her husband Todd have three children who are in their twenties. They are members of Trinity Presbyterian Church.
At the University of Wisconsin, Foster earned a degree in business administration, served as president of his fraternity, was named one of the “ten most outstanding senior men,” and won the heart of “Badger Beauty” and Chi Omega president Lynnette Estes, whom he married in 1962. Two sons, two daughters, and thirteen grandchildren followed.
Lacking enthusiasm about the prospects of being drafted as a private first class foot soldier, Foster enrolled in the Reserves Officer Training Corp at the University of Wisconsin. He trained as an Infantry Platoon Leader and served as an Intelligence Officer for the First Guided Missile Brigade in El Paso, TX.
In 1974, Foster and Lynn launched Friess Associates. The firm’s flagship, the Brandywine Fund, averaged 20 percent annual gains in the 1990s, causing Forbes magazine to name it one of the decade’s top mutual funds. Business Week heralded him as the “longest surviving successful growth stock picker” and CNBC’s Ron Insana dubbed him one of the “century’s great investors.”
Amidst this professional success, Foster says that his personal life struggled. Behind the scenes, he had “a marriage flirting with divorce and emotionally distant children.” Facing these challenges and bored with his success, he was receptive to Blaise Pascal’s notion: “Within each person is a God-shaped vacuum that only God can fill.”
If the MRI is now paid out of this special pot of money set aside only for health care and funded by our employer or ourselves, cost suddenly becomes relevant. What we don’t spend, we keep. Whatever our employer deposits, we could add to it with both of us getting tax deductions.
HSAs drive down prices and utilization. Hospitals don’t like this. They are delighted that Obamacare pays them for services for which they previously did not get adequately paid. Most other providers — drug companies, eye doctors, chiropractors — agree.
The Kentucky lawmaker aired his grievances on Twitter Thursday morning to protest the move.