– by New Deal democrat Let me start out this month with a historical review of why I have always paid so much attention to real retail sales. Going back almost 80 years, real retail sales have always turned down in advance of a recession, and they have almost always turned negative YoY simultaneously or […]
Walgreens does not set drug prices; the Insurance companies do. And there is the issue. Insurance company’s contract the PBMs to negotiate with the pharmacy chains such as Walgreens or CVS. They establish the pricing contract on covered drugs and what portion those pharmacies get reimbursed in return servicing their customers. Walgreens felt it did […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Despite the steep sell-off and rebound in the stock market this week, the underlying “hard data” indicators about money, spending, and transportation were all steady and almost all positive. The sell-off was about sentiment due to the uncertainty brought about by the […]
“The mRNA technology faces growing doubts among Republicans, including people around President Donald Trump. “Legislation aimed to ban or limit mRNA vaccines was introduced this year by GOP lawmakers in at least seven states. In some cases, the measures would hit doctors who give the injections with criminal penalties, fines, and possible revocation of their […]
“The Trump administration denied on Sunday that it had violated a court order by deporting hundreds of Venezuelan immigrants to a prison in El Salvador over the weekend, saying that the president had broad powers to quickly expel them under an 18th-century law meant for wartime. “The White House press secretary, Karoline Leavitt, also asserted […]
Holding young musicians accountable for their race, color, etc., not allowing them to express themselves in music. The United States Marine Band was founded in 1798. Thomas Jefferson gave it its nickname, “The President’s Own.” Today, 135 Marines still perform the score of the White House from parties to inaugurations. So, there was excitement, last […]
Lets start here . . . It was revealed recently, Mr. Musk is not the boss of DOGE, Indeed, he is not a paid employee of DOGE either. In fact, he is a volunteer or you might, might want to suggest he is a vigilante with a posse of paid volunteers (out of his own […]
Environment, Energy, & Related News from the Week ending March 15th, R.J. Sigmund. Two interesting articles on microplastics in healthcare and the environment. – Microplastics contribute to evolution of antimicrobial resistance, study finds, University of Minnesota A new study by researchers at Boston University indicates microplastics in the environment might facilitate antimicrobial resistance (AMR). The Applied and […]
From an article in the NY Review of Books: “ . . . the 94 percent marginal tax rate [Reagan] was theoretically subject to an income above $200,000, though in reality Reagan, like other actors, was able to pay a 25 percent capital gains rate by receiving his earnings form “temporary corporations” set up for […]
President Musk recently called Social Security a “Ponzi Scheme.” He’s hardly the first to repeat this lie, but he and his mini-me’s in DOGE have painted a target on Social Security. I’m sorry it’s necessary to explain this again, but we are being lied to. Here are the facts about Social Security. • No, it’s […]