what we learned is that take something like copd which was the bayonne case you referenced. copd is not a curable disease. it is not a situation where one hospital has this fantastic cure rate and the one 20 miles away, not so great. they can't be charging for that. it is a situation where you're maintaining the patient, trying to control it and trying to make them more comfortable. the procedures aren't that different. >> john: right. >> maybe they have a little hire cost of overhead in bayonne. i question how that could be but maybe the bronx -- 1,000 times percent more? definitely not possible. >> john: when this data dump came out, i'm a bit dismade we haven't seen more mainstream media coverage of it. i think a lot of people don't know until they see a bill. is there any hope in light of the data dump, we might see it help push down costs either from the insurance providers or the hospitals themselves? >> it is hard to know. look i am personally aware of the efforts being made by a couple of the major hospital associations to try quickly to come up with the talking poin

in the new york area, the hospital that charges the most is out in bayonne new jersey, the bayonne hospital charges the highest prices for everything. for example, it gives an example here. major joint replacement at that hospital comes in at $155,769 which is almost three times the local average and more than nine times the price you would pay for -- at the lincoln medical and mental health center in the bronx. for the same procedure. i mean i don't know what you can draw out of this. first of all i ask this question. yesterday. i was relieved to hear the answer. that medicare or medicaid only pays x amount for -- they have a given limit price on any procedure. it doesn't matter what the hospital charges. but certainly, what you can get out of this, it seems to me is you gotta shop around and thanks to this information now, you can shop around. in fact, peter maybe we ought to put up a link online to this federal database. >> yeah. >> bill: it's gotta be in this article somewhere. put a link up on our web site. this federal database is available. you gotta shop around. and i think the othe

rate be broken up the obvious interest expressed by the collar and china we broke out in china in bayonne 1.6 trillion yen in net assets in the u.s. for about 2.3% of u.s. net worth. >> host: we see with the u.s. owns in china and what that meant is that steve lynn anthologist mentioned. we had the u.s.-china relationship where these numbers significant and be taken into account? >> guest: just to push areas is certainly a start date. there's other things to think about. the fact that china has purchased it gives them a direct interest in the economy to grow strongly so we can make good on our obligations. it's also worth pointing out to share umpiring that there is more internal borrowing and finance team. there's not the level of dependence on the chinese economy and the figures we see their branding to those our little misleading. >> host: dayton, ohio, welcome. >> caller: i agree with the guy from kentucky in the previous collar. i want to pay my fair share and do. if they could talk about the history of taxes, the younger fellow there said something about during world war ii and worl