Stay with me. This first item is about AARP and geriatric sex.
AARP has an annual budget around $878 million in revenue. Of that amount, the federal government chips in $83 million through a wide variety of grants. Since 1989, AARP has raked in over one billion in taxpayer money.
Doesn't that sound like a good screwing to you?
This year, America will spend an estimated $275 billion on prescription drugs. Within a decade, that number is expected to grow to nearly $500 billion.
On average, brand-name drugs cost three times more than generic meds.
Good news: spending on generics is now 63 percent of U.S. prescriptions.That's up 13 percent in 2006, compared with 2005.
Wal-Mart is getting into the act. Currently the Big Chain carries only 350 discounted generics. Next year, 2,400 generics will be available to its employees. Can a similar deal for consumers be far behind?
No matter. I will not shop at Wal-Mart. More about that later.
Speaking of getting old, the 82-year-old boxing ring at Madison Square Gardens has been retired and is going to the International Boxing Hall of Fame. It will be replaced with a slightly larger ring. The only part of the old ring they'll keep is the brass bell.
Fess up. You've always wanted to live in a houseboat on the Mississippi. Now comes a St. Paul developer who wants to build a $90 million ship of condos that would travel the 6,000 miles of inland waterways. On board planned amenities include theaters, beauty salon, grocery, restaurant, deli and fitness center. Next stop: New Orleans.