Relevant and even prescient commentary on news, politics and the economy.

SOCIAL SECURITY, a little bad news (sorta) and a little good news (sorta)

by Dale Coberly The bad news is that we have slipped past the day when we could have saved Social Security from ever reporting “short term actuarial insolvency” by raising the payroll tax one tenth of one percent per year (about a dollar per week). This is only sorta bad because it doesn’t really matter […]

Morehouse Keynote Speaker To Graduates, I am Paying Off Your Student Loan Debt

Morehouse College seniors got a surprise Sunday, Billionaire investor Robert F. Smith announced during his commencement speech he would pay off the student-loan debt for the historically black college’s graduating class. Morehouse President David A. Thomas; “The total amount of student loan debt from the 396 students adds up to about $40 million. He called […]

Credit Card Interest Rates

Marquette Nat. Bank of Minneapolis v. First of Omaha Service Corp., 439 U.S. 299 (1978). In a unanimous U.S. Supreme Court decision, the court held states anti-usury laws regulating interest rates unenforceable against nationally chartered banks based in other states. Justice William Brennan: It was the intent of Congress when it passed the National Banking […]

FoxConn, Jakarta, and Refugees

FoxConn, Valerie Bauerlein. Microsoft News “Six miles west of Lake Michigan in Mount Pleasant, Wisconsin lies a cleared building site half again as big as Central Park and ready for Foxconn Technology Group’s $10 billion liquid-crystal-display factory. Contractors have bulldozed about 75 homes in Mount Pleasant and cleared hundreds of farmland acres. Crews are widening […]

A Woman’s Right to Safe Healthcare Outcomes

Married male with children, who was asked to write on three different subjects concerning women’s healthcare by the ConsumerSafety.Org . Although I have worked in the healthcare product industry, I am not a doctor. All three of the healthcare issues I discuss scream for solutions as to what has been done, what should have been […]

Devos’s Magic Show

What would it take to save a scab industry from leaving the market place? The sorcerous of Grand Rapids Betsy DeVos has the answer. Betsy DeVos’s Department of Education reversed the Obama-era crackdown on vocational and career schools thereby allowing new and inexperienced entrants into the field and alleviating pressure on old participants to have […]