Originally published at Evonomics and reposted at Naked Capitalism, Angry Bear Steve Roth continues his conversation on riches, income, debt, and expectations. Steve Roth serves as Publisher of Evonomics. By Steve Roth How do Americans get rich? (and stay rich?) It’s the American dream. A third of Americans think they’ll be rich someday. More than […]
In the first three years of the PPACA, a Risk Corridor Program was established to help insurers get past the initial loss phases. This is typical of startups and was used with Republican President George Bush’s Part D Drug insurance program. The PPACA had built-in protections for insurers who enrolled many abnormally sick people, provided […]
Tom Cotton, the junior United States Senator from Arkansas had a piece in the NY Times: President-elect Trump now has a clear mandate not only to stop illegal immigration, but also to finally cut the generation-long influx of low-skilled immigrants that undermines American workers. Yet many powerful industries benefit from such immigration. They’re arguing that […]
From the beginning of this election cycle President-Elect Trump claimed the system is rigged, millions of illegal voters voted, the dead have voted, etc. That is until he won and then it was I also won the popular vote as millions voted illegally for Clinton. Historically, voter fraud has hardly been an issue and it […]
I have written about left of center or centrist organizations writing in a manner which no longer reflects a liberal, progressive, or centrist view. NPR just went out on a limb with its recent conversation with Breitbart Senior Editor at Large Joel Pollak about newly elected Donald Trump’s selection of Steve Bannon as his administration’s […]
Foreign minister Paolo Gentiloni has been asked to attempt to form a government. He is a rather bland establishment figure who has two interesting histories. First, back in the day, Italy (then a monarchy) didn’t get along with the pope (they fought a war with a famous battle at the pious gate (no ti sto […]
– Chrysler Fiat sold the car division sans Jeep, MiniVan and Trucks to the Chinese. They also closed production on Chrysler 200 and Dodge Dart June of this year. It will be the first time Chrysler/Dodge have not had Cars if this is true. 200 (UF) and Dodge Dart (PF) never did met forecast so it […]
A Leading Intellectual according to Trump’s Chief Strategist Steve Bannon and founder of the Alt-Right, Richard Spencer “We won . . . .” I am playing the entire newscast rather than just the abbreviated version of the speech which is popping up all over. Sorry about the commercial. This took place at Texas A&M at […]
Can say anything?
For those of you who may have missed it, Rep. Tom Price (R-Georgia) is Pres. Trump’s pick to be the head of the Department of Health and Human Services. Price is an Orthopedic Surgeon (former?) and has been in the House for 12 years now and a member of the Congressional Healthcare Caucus. It appears […]