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

Trump says trade wars are easy to win; history says no

Trump has said trade wars are “good and easy to win.” History begs to differ. The Smoot-Hawley Act and ensuing trade wars were not good for the country and not good for President Hoover. “The 1930 Tariff Act started with the narrow aim of helping distressed farmers but then mushroomed into a wholesale rewriting of […]

Economic Occurrences Could Lead the US to Another 2008

This particular piece (or partial) is taken from an article written in 2015. You can pick up the entire piece at “KelloggInsight.” It is an abbreviated version of the article detailing what took place in 2008. Our economy was on the verge of collapse. Goldman Sachs made a collateral call on AIG. The results of […]

The shame of Columbia University

Not quite the same as in the sixties when colleges were defiant to government intervention. And there were presidents and other government officials who would intercede on campuses. Kent State was the site of deaths and shooting of students by an untrained military who were in too deep over their heads and acted out of […]

How One Company Lost Out to the PBMs

Walgreens does not set drug prices; the Insurance companies do. And there is the issue. Insurance company’s contract the PBMs to negotiate with the pharmacy chains such as Walgreens or CVS. They establish the pricing contract on covered drugs and what portion those pharmacies get reimbursed in return servicing their customers. Walgreens felt it did […]

A Developed Taste

On and on and on, for more than ninety mins, he driveled hatred, racism, and bigotry; sputtered treasonous proposals.  They cheered every drivel and sputter.  Rose enthusiastically to their feet time after time.   Their adoration of their magus on full display to the world.   Europe, all the free world, shuddered with the memories evoked; […]

Constitutional Interregnum

Sunday March 9th The “Constitutional Interregnum”  – by New Deal democrat Is there anything that can be done with a President who has the support of 1/3+ one member of the Senate?  Since he can’t be impeached and convicted, which requires 2/3’s of the Senate, and as of last July per the Supreme Court he is […]

Know Nothings

“The New Know Nothings’ wrecking ball” – by Merrill Goozner GoozNews Pictures from this weekend’s Stand up for Science at the Lincoln Memorial sent me scrambling for the history books. Thousands turned out to protest the cuts in science funding ordered by the New Know Nothings: A president who declares global warming a hoax; a […]

Could Elon Musk Take on Healthcare and Healthcare Insurers and Lower Costs?

Healthcare and healthcare insurance was not cheap a couple of years ago and not cheap last year either. If anything, prices have increase resulting in higher Commercial Health Insurance costs. Then too deductibles for Medicare increase ~$10. Supplemental also increased. The costs for Medicare and supplemental are less than Commercial Healthcare Insurance. We are talking […]