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

HPV vaccine FTW!

Vaccination is one of the great triumphs of humanity over infectious disease. Smallpox was such a plague that George Washington mandated inoculation for all Continental soldiers in 1777. Prior to the polio vaccine, most Americans knew a friend or relative who contracted polio; today, it’s virtually unheard of, just like mumps and whooping cough. The […]

Greenspan Admits ‘Flaw’ to Congress, Predicts More Economic Problems

Just some economic and political history . . . An October 15, 2008, article in The Washington Post analyzing the origins of the economic crisis claims Greenspan vehemently opposed any regulation of derivatives, and actively sought to undermine the office of the Commodity Futures Trading Commission. If you recall, Brooksley Born was the head of the CFTC. A litany […]

Spending soars, income stagnates, savings sink like the Titanic

Spending soars, income stagnates, savings sink like the Titanic  – by New Deal democrat Real life intruded yesterday, so I didn’t put up any information about the Q3 GDP report. I’ll write in detail next week, but in the meantime there were 4 basic highlights: 1. Obviously it was an excellent report overall. 2. The […]

New Way for Consumers to Access Sanofi’s Lantus Diabetes Prescriptions for $35

What is occurring in this announcement is GoodRx working or negotiating with Sanofi to reduce out-of-pocket costs to consumers for Sanofi’s Lantus, a treatment for diabetes. The out of pocket costs will be capped at $35.00. Great cost relief news for people who are not on Medicare, etc. More of the GoodRx announcement below. GoodRx […]

First as tragedy . . .

Not to put too fine a point on it, the recent chaos in the GOP-controlled House isn’t a bug, it’s a feature for the modern GOP. There isn’t any daylight between Gym Jordan and Mike Johnson, politically, but policy no longer matters to the GOP. It’s just optics, and Johnson has (so far) mastered the […]

SCOTUS declined to hear AG Paxton’s Texas v. Pennsylvania

The Supreme Court declined to hear the case, Texas v. Pennsylvania. December 20, 2020. Two days ago, during a press conference Rachel Scott drew the ire of Republicans as she asked a question of newly appointed House Speaker Mike Johnson. Representative Mike Johnson (R-LA) was instrumental in the effort to overturn the 2020 presidential election.  ABC News congressional reporter Rachel […]

Jobless claims continue near expansion lows

Jobless claims continue near expansion lows  – by New Deal democrat Jobless claims continued very low last week, justifying taking down the “yellow caution flag” that had been in place for a number of months. Specifically, weekly new claims rose 10,000 to 210,000 – still a very low historical number. The more important four week […]

Terrorism by US Citizen Comes to Lewiston, Maine

Initially reported as 22 dead and maybe 50 wounded by a single white US terrorist in Lewiston, Maine. No reasoning for it. Maybe mental illness. When does reality come to America? Bullet spewing weapons are getting into the hands of people who should never have them. Time to grow up America. Lewiston is the second most […]

‘$23 Billion Up for Grabs’

Just got done exchanging a couple of emails with Steve about Suzanne’s and his latest commentary about the growing privatization of the VA. Looks like the VA is farming out more of the veteran’s care to contractors which will come at a much higher cost. Outsourcing to for-profit entities is not a good practice. We […]