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

Clawback of money looted by Cerberus, de la Torre, and MPT from Steward Health Care

The third and best source of funds would be a clawback of money looted by Cerberus, de la Torre, and MPT, based on a prosecution for fraudulent conveyance, misrepresentation to shareholders, and other possible criminal charges. As a settlement, restitution would have to be paid to the hospitals, under new ownership. That may yet come, […]

Continuous trump Trials, May 7th Notes, “Stormy”

“The Trial, Ho Hum” – Digby’s Hullabaloo, digbysblog.net If you haven’t been following the trial and Stormy Daniels testimony, you can catch it at Digsby’s Hullabaloo. It is kind of strange what trump says. It is too detailed for Ms. Daniels to make this up. I was reading on this yesterday elsewhere. I imagine this […]

Microsoft is investing $3.3 billion dollars to build a new data center in Racine Wisconsin

by Prof. Heather Cox-Richardson Letters from an American Pres. Joe Biden, Dem Governor Tony Evers, and Microsoft are bailing out Wisconsin from trump’s “eighth wonder of the world” lie in Racine WI with Taiwan’s Foxconn. When this was occurring, Repub. Gov. Scott Walker with Repub legislators committed to a $3.3 billion subsidy and tax incentive […]

Inflation Is Scrambling Americans’ Perceptions of Middle-Class Life

Inflation Is Scrambling Americans’ Perceptions of Middle-Class Life, businessinsider.com, Jennifer Sor Yes, we have inflation. It is a given. Inflation is scrambling the lives of middle-class Americans. Income is not keeping up with the costs of maintaining a Middle-Class Life. I have sat here in AZ watching this play out in the nation — watching […]

Is Life Today Really So Bad?

Kevin Drum doesn’t believe Life is so bad. Kevin poses a number of reasons why things are actually pretty good. Think about it. We weathered a pandemic. For the first time government stepped in biggly and well beyond what was done in 2008 for people. Biden insured people who had no healthcare insurance pre-pandemic, provided […]

Gagging Trump

Judge Merchan appears to be boxed in.  On the one hand, fining Trump $1,000 for violating the gag order is obviously not going to be effective.  On the other hand, sending Trump to jail would make him a martyr to some, and may not even be effective, since Trump would appeal any order sending him […]

Social Security and Medicare updates

Since many AB readers are either retired or about to be: “Looking solely at the trust fund that covers retirement and survivor benefits, Social Security will only be able to afford scheduled payments in full until 2033, roughly the same projection as last year. At that time, the fund’s reserves will be depleted, and continuing […]

Promoting the General Welfare, The Supreme Court’s Version of Doing So

I believe Angry Bear can present this excellent article on how the Supreme Court is evolving its interpretation of the Public Health. I am using it as informational and instructional to Angry Bear readers. A brief analysis of the SCOTUS philosophy on Public Health and their impact on the government and its legislation. It is […]

Medicare Payment Advisory Commission report to Congress Brief

Executive Summary portion of the Medicare Payment Policy Report to Congress I have only had time to wade through the Executive Summary portion of the MedPac Report to Congress on FFS and MA Medicare plans. If the Executive Summary has any meaning, we will see some changes in how MA plans administer pricing of services […]