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

Trump’s “Truth” Social meme stock plummets

I’m an investor, not a gambler, so I don’t own cryptocurrency, NFTs or shares in “Truth” Social. So the news that investors in DJT are being taken to the cleaners doesn’t faze me. “Shares of Trump Media plunged more than 15% on Monday after the company filed to issue millions of additional shares of stock. […]

George Stephanopoulos asks New Hampshire governor Chris Sununu 

George Stephanopoulos asked New Hampshire governor Chris Sununu  by Prof. Heather Cox Richardson Letters from an American This Week, host George Stephanopoulos, “Just to sum up,” “You support [Trump] for president even if he’s convicted in [the] classified documents [case]. You support him for president even though you believe he contributed to an insurrection. You […]

59% of People Retaining Medicaid Coverage Were Renewed Through Ex Parte Processes 

Medicaid Renewals Of the people retaining Medicaid Coverage as of April 11, 2024 . . . Fifty-nine percent were renewed on an ex parte basis while 41% were renewed through a renewal form, though rates varied by state. Federal rules require states to first try to complete administrative (or “ex parte”) renewals by verifying ongoing eligibility […]

Medicaid Enrollment and Unwinding Tracker

by KFF Pulled together data from KFF to get an idea of what is happening with US healthcare. Big issue is people do not know. Another issue is state’s resistance to enrolling people. Hope this helps . . . Recent data on monthly Medicaid disenrollments, renewals, overall enrollment and other key indicators. Figure 1 above […]

Japanese Prime Minister Fumio Kishida addresses Congress . . .

Prof. Heather Cox Richardson Letters from an American When Japanese Prime Minister Fumio Kishida addressed a joint meeting of Congress today, he tried to remind lawmakers of who Americans are. “The U.S. shaped the international order in the postwar world through economic, diplomatic, military, and technological power,” he reminded them. “It championed freedom and democracy. […]

How to understand next week’s Trump criminal felony trial

Robert Reich Roberts Substack Robert Reich’s update on the upcoming criminal trial on election interference. ~~~~~~~~ Trump wants you to think that all he did was try to cover up a sexual affair. Wrong. Trump’s first criminal trial, the first criminal trial of a former president, ever — is scheduled to begin Monday. The 34-count […]

Manipulating Supply Chains and Manufacturing, for Corporate Influence and Profit

The one thing we keep on seeing is the manipulation of supply chain by circumstance to achive manufacturing shortfall, and influence to maximize profits. Much of what we have and are experiencing was avoidable. The tools exist to give better perspectives of what is going on from start to finish of product. As you read […]

March consumer price inflation was still mainly about the dynamics of shelter and gas prices

 – by New Deal democrat The Bonddad Blog New Deal democrat has been on top of the discussions of shelter and/or gasoline prices in February and also in January. He has been on top of these discussions which appear to be making the news moreso in April than earlier in the year. I have linked […]

Open Thread, April 12 2024 Inflation Increases – Look to Gasoline and Shelter

Consumer Price Index – March 2024 (bls.gov) “The BLS index for shelter rose in March, as did the index for gasoline. Combined, these two indexescontributed over half of the monthly increase in the index for all items. The energy index rose 1.1percent over the month. The food index rose 0.1 percent in March. The food […]