Homeownership has been an issue in the US. This is mostly because of the rising prices, interest rates, and increasing property taxes, etc. Interest rates can stop you dead in your tracks even with a good income. If you do not put 20% down, they make force you to take out mgt. insurance and you […]
Fury at Private Power Giants as Puerto Rico Suffers New Year’s Eve Blackout, Common Dreams The latest failure of the Puerto Rico privatized power grid on Tuesday plunged much of the island into a blackout on New Year’s Eve, sparking fresh anger toward the system’s for-profit operators and political leaders who sold off the U.S. territory’s public […]
Upcoding Linked to Up to Two-Thirds of Growth in Highest-Intensity Hospital Discharges in 5 States, 2011–19, Health Affairs This is an abstract as I did not have access to the research article by Health Affairs. Besides the numerics also consider this is only for 5 states. Just something to be aware of and the magnitude […]
In the past . . . In September it appeared this get-together stood a good chance of not happening. things are being said that are not legally enforceable. Other thing occurring that are questionable. Let me see . . . Deleted emails, Albertsons CEO walks away with a $40-something million bonus if he can close […]
“Biden Can Fix the Anti-Worker H-1B Immigration” was written early on in 2022. It was not till recently a new Biden rule change is taking place for H-1B Visas. Of course, the problem with this change is how long will it last under a Trump – Musk presidency. I am sure the H1-B program is […]
– by New Deal democrat I was on vacation through the weekend, and since there has been no significant economic data in the post-Christmas lull, I decided to continue to play hooky. After tomorrow, on Thursday the 2025 data will start in earnest, so expect a return to form later this week. In the meantime, […]
A multi-level failure of the Summary of Economic Projections (which includes the dot plot) was partly to blame. People came looking for clarity. They got even more uncertainty and the sense of a Fed ‘flying blind.’ What markets want is the Fed forecast. As a result, S&P was down and Treasuries were up 10 points. Uncertainty . […]
Consolidation of Shale oil Drillers and Processer. Fewer wildcat drillers bought out by the larger oil producers. Greater interest in financial returns. Fields are maturing, sweet spots dwindle, and greater interest in investors. Prices for gasoline will eventually increase. Drillers pushed U.S. production to a record of over 13 million barrels a day under President […]
A Ploy
This can be either interesting or puzzling to anyone who perhaps has a few thoughts on Trump’s mindless wandering. We are sitting here with an economy which is ready to take off and grow. And Trump is occupied with thoughts on Canada and Greenland. Fortunately, Denmark has shown an interest in obtaining the United States. […]