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

Speaking Out on Columbia University

Contributor: Capitulation to Trump spells inordinate danger, Los Angeles Times Guest Writer at LA Times Erwin Chemerinsky, an acquaintance of mine too. We all learned long ago, perhaps on the playground, that giving in to a bully only makes things worse. That is why it is shocking to see capitulation on the part of those […]

The latest Republican assault on higher education

Earlier, it was a dramatic cut in indirect costs on all federal grants and outright cancellation of some grants. Now, congressional Republicans are mulling a steep tax on university endowments. “Republicans are considering increases to the university endowment tax to help reduce the national deficit and as a potential lever to force universities to comply […]

Tariff is a beautiful word

Trump says “tariff” is a beautiful word. Maybe for him, but not for American companies and consumers. “Walmart thought it could use its immense power as America’s biggest retailer to make Chinese suppliers eat the cost of President Donald Trump’s tariffs. But Walmart got a response it’s not accustomed to hearing: No. “Trump has slapped […]

Exporting our talent

Fascist Europe experienced a brain drain in the run-up to WWII. Among the European refugees who worked on the Manhattan project were Hans Bethe, Rose Bethe, Felix Bloch, S.H. Bohine, Niels Bohr, Hans Courant, Albert Einstein, Enrico Fermi, Leo Szilard and Edward Teller. Prizing ideology over intellect ended up being a loss for fascism and […]

Gaza Cancer Hospital Deliberately Blown Up

It appears Trump will get his Mediterranean vacation site where only the rich can be. Israel blows up Gaza’s only specialized cancer hospital in massive blast. Israel-Palestine conflict News, Al Jazeera Israel has blown up Gaza’s only specialized cancer treatment hospital, as well as an adjacent medical school, drawing condemnation for again targeting a medical […]

What is going on in Europe these Days

This is a brief Raw Story clip about Ukraine and Europe. Authenticity? I am not sure. As far as the characters in this clip, Zelinsky has much to lose and the other two (Trump and Putin) will offer up Ukraine with Putin having much to gain. Russians in Ukraine are transplants. Real estate attorney, property […]

The Politics, Economy, and Elsewhere

The FED slashes its growth rate for 2025 from 2% to 1.7%. I suspect they are hopelessly being optimistic unless they are thinking someone will finally come to their senses. Mabe? I think not. One far out assumption I read earlier this week was Trump attempting to crash the economy and then turn it around […]

Biggest Drivers of Inflation 2024-2025

More detail on the drivers of inflation. The first two charts are touch charts. You can get a better view of the size of the segment and the rate at the site itself. As you can see, housing transportation and food were the larger components. At various times one would be larger than the other. […]

FCC asks SCOTUS to uphold Constitutionality of rural phone and internet subsidies

Nov 22, 2024, Court grants challenge to FCC subsidies over nondelegation doctrine, SCOTUSblog Schools Health & Libraries Broadband Coalition or SHLB, advocates for policies and programs that enable anchor institutions to obtain and promote open, secure, high-quality broadband services to support connectivity and opportunity for all in the US. This would include areas having a […]