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

Payday Lenders Gave Millions to Republicans Backing Efforts to Destroy CFPB

These people are the lowest of the scum. They were always a shady type of business. There efforts were to target low-income neighborhoods. There actions are to keep their customers victims on a never-ending cycle of dependence through predatory practices. The high-interest rates and fees makes it difficult for borrowers to repay the loan. It […]

Policies Shifted Trade from China?

Has trade for materials, components, and product shifted away from China to be used in the U.S.? Maybe, maybe not, and maybe later. If you are going to manufacture in the US, you have to have the capability. It make take a bit to get up and ready. If we are buying product, etc. from […]

Battle of the Cultures in Getting the Job Done

Two completely different cultures trying to understand one another. I have worked for Japanese, Korean, and German management. How the Japanese and Koreans addressed me was far different than how they address the workers of their descent. The Germans were far more open than the other two cultures. Overhead Costs; TSMC may not be burdened […]

private equity is destroying the labors of love

Successful industrialists financial Wall Street bankers whose business practices were often are considered ruthless and unethical, capturing portions of the market, and bleeding it dry. Not much left of the hollowed-out companies other than a name and the empty buildings they once occupied. Good commentary on Simon and Schuster being bought by KKR. Is Robber […]

Tiny Homes Improve the Economy and Are More Than Just Backyard Gimmicks (Edited)

Downsizing was the way to go as we got older and are kid free. Doing so had nothing to do with maintaining our larger house (2600 sq. feet) sitting on over 1/2 acre. I kind of liked maintaining it. It got me outside. In the new community, we are on a city-sized lot and ~1500 […]

Gasoline Standards Cuts For Gas Guzzlers Start in 2027

Typically, what happens with these types of regulations is delay for another 2 to five years before becoming active. This may occur. The other likelihood being the automakers going to court suing for a delay or a ruling on constitutionality. SCOTUS could again decide Congress can only make regulations and this capability was not delegated […]

Former Ohio House Speaker Finally sentenced to 20 years

As taken from this column and other sources as well. Former Ohio House speaker sentenced to 20 years in $60 million bribery scheme | CNN Politics, Sydney Kashiwagi. A Little Background: FirstEnergy and its executives denied wrongdoing and have not been criminally charged for a scheme to bail the company out.  However, federal investigators say […]

Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support’

Dale Coberly: This is part 2 of a comment I began July 18 on Angry Bear.  It is a reply to an article appearing on the internet by Andrew Herrig at wealthynickel.com  under the title. “With Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support,’” WEALTHY NICKEL, written by Andrew Herrig. […]

Considering Alternatives to Patent Monopoly Financing of Drug Development

There is more to this story than just making technology open to the public so others can manufacturer it. Think about what is being said here. The manufacture of face masks went overseas. When many were needed, foreign manufacture could not keep up and the prices were ridiculous. We are in a situation of whether […]

Deficits, Debts, Surpluses, Borrowing, Budgets, etc. Processes

Federal Budget, Why Should you Care About the Federal Budget, (nationalpriorities.org) It appears, we need to better understand what we are talking about. Or at least establish a foundation for our words which I believe we take for granted. I took the liberty of pulling this up from a site. It is pretty basic. Borrowing […]