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

Turning Retirement Accounts for the Middle Class Into a $5 Billion Tax-Free Piggy Bank

Each year in retirement, we take a certain amount of funds from our retirement accounts and it can become income and taxable. This is a bit different than when we were paying regular income taxes on our yearly income minus investments. Social Security can be taxed after certain income level percentages. I was curious about […]

Commercial or Charter Flights to BBall Games

Saturday stuff to quibble about. It appears Indiana Fever’s newest basketball player, Catlin Clark is being mobbed and followed as she travels to other cities to potentially play. It was bad in DFW Airport, Clark and her teammates were followed by reporters, with assorted other onlookers also wanting an eyeful of the star. The Indiana Fever […]

A Teaser for you . . . Trickle Down Economics

Ever since Reagan and Thatcher first tried them, trickle-down policies have exploded budget deficits and widened inequality. At best, they’ve temporarily increased consumer demand (the opposite of what’s needed during high inflation that Britain and much of the world are experiencing). Reagan’s tax cuts and deregulation at the start of the 1980s were not responsible […]

Nestlé adds sugar to baby food in low-income countries, report finds . . .

SWI swissinfo.ch An interesting story coming out of Switzerland about Nestlé. In 2017 Nestlé adds sugar to baby food in low-income countries, report finds . . . made the following plan: Between 2017 and 2020 we want to reduce the added sugar in our products by a further 5%. In 2017 alone, Nestlé Switzerland withdrew […]

Where Does Traditional Medicare Go: Profit-Driven Chaos or Patient-Centered Community?

by Matthew Cunnigham – Cook The problems with Medicare Advantage is coding and pricing for care. And Fee for Service participants pay for the MA costs even though they do not use MA. “When accounting for favorable selection of enrollees in MA and higher MA coding intensity, we estimate Medicare spends approximately 22 percent more […]

Idaho Deputy Solicitor General Answering SCOTUS Justices on Idaho’s Abortion Law

Listening to the back and forth between the justices and Idaho’s Solicitor General, there is tension on display here. The Idaho Solicitor General appears to take the stance the abortion is available if necessary. The justices are questioning how such could be if doctors will not treat the women if abortion is needed. That being, […]

Claims of Student Loan Cancellation Benefiting the Wealthy are Still False

by Alan Collinge Medium A number of beltway “experts” are currently claiming that cancelling student loans would unduly benefit the wealthy. These claims are based upon blatantly flawed research, They have been used by very well-coordinated media/social media campaigns, designed to kill the push for student loan cancellation, and have flooded the zeitgeist in recent […]

Why is a widely used app named for a tenth century Scandinavian king?

by an old friend from “The Fray” Claude Scales Self-Absorbed Boomer Your smartphone, like mine, likely has the logo at left on it somewhere. I knew that “Bluetooth” was the name given to an ancient Scandinavian king, but had no clue why the app was named for him. Now, thanks to Rick Spilman in The Old […]