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Tag Archives: politics

Medicare Plan Commissions May Steer Beneficiaries to Wrong Coverage

This article is easy reading exploring some the differences and why people may choose one plan over the other plan. Attached is also a Commonwealth Fund article with more detail. Medicare Plan Commissions May Steer Beneficiaries to Wrong Coverage, MedPage Today, Cheryl Clark. Agents and brokers selling Medicare plan coverage often steer their clients to a Medicare Advantage (MA) plan because it earns them a higher commission compared with a...

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Jobless claims: nobody is (still!) getting laid off

Jobless claims: nobody is (still!) getting laid off  – by New Deal democrat Initial jobless claims declined -20,000 this week, back below 200,000 to 192,000. The 4 week average declined -750 to 196,500. Continuing claims, delayed one week, declined -29,000 to 1.684 million: For all intents and purposes, it is still the case that “nobody” is getting laid off. As the above graph shows, we are now almost one year past the lowest level of new...

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Prescriptive View: Three Layers of a Fed Failure

In 2018. I made a similar argument without the detail Skanda Amarnath provides today. My points were not accepted. I went to a “we shall see” mode. And we did see banks taking risks because they could do so because Congress (which included Democrats) gave them the slack to do so too soon. In 2018, a decade after Wall Street and Banks blew up main street with their gambling, I felt it was too soon to give banks slack of this nature. It was only 7-8...

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Accountability for Medicare Advantage Plans is long Overdue

A different viewpoint by the Physicians for a National Health Program. Mainly speaking as advocates for a universal national health program which would be as cost-effective as possible. They are proposing the plan could be constructed as an improved form of Traditional Medicare. They do too find similar issues as what Gilfillan and Berwick extensively discussed in the commentary Medicare ‘Money Machine, Part One and Part Two. Comments on CY 2024...

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Properly measured, consumer prices have been in deflation since last June

Properly measured, consumer prices have been in *deflation* since last June  – by New Deal democrat The majority wisdom is that the Fed is going to go ahead and raise interest rates again when it meets next week. I have been arguing for months that the data has not supported interest rate hikes. As of this morning, I am officially taking the position that, properly measured, inflation has been conquered, and the US economy has actually had...

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Interesting Stuff from My In-Box,

Quick two weeks went by and have been pretty busy. Starting to warm-up in Arizona. Been spending more time outside while I can and before it gets hot. Environment, Consumerism, Technology Micro-Apartment Makeover Includes Mini-Loft and Space-Saving Furniture, treehugger.com, Kimberley Mok. The comfort and livability of a 300-square-foot apartment are beautifully improved in this smart renovation. What changes after the Norfolk Southern...

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Silicon Valley Bank (SVB) Was Donald Trump’s Bailout

For some reason, I did not release this one on the 13th. Not sure why. I was at the eye doctor for sure and he was removing membrane from the retina. Never felt a thing. So far so good. It might just be me thinking it improved my right eye vision. I was able to read the chart which the NP said was positive. I was told many people could not after surgery. Anyway, there are any number of good posts on different blogs you can read. This one by Dean...

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Thoughts on Silicon Valley Bank: Why the FDIC plan isn’t (but also is) a Bailout

Thoughts on Silicon Valley Bank: Why the FDIC plan isn’t (but also is) a bailout; and why systemic risk remains  – by New Deal democrat There’s no big economic data being released today. Which I guess is fortunate, since we had a little kerfuffle over the weekend. Which may or may not be over. Herewith hopefully some commentary to put this in terms non-finance people can understand. The really important issue for most people outside of the...

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Rules and Regulations for Thee and Not for Me

“The very men who were arguing the government should protect all the depositors’ money, not just that protected under the FDIC, have been vocal in opposing both government regulation of their industry and government relief for student loan debt, suggesting that they hate government action…except for themselves.” March 12, 2023, Letters from an American, Professor Heather Cox Richardson At 6:15 this evening, Secretary of the Treasury Janet L....

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The USPS Eagle spins S&DCs to Postal Employees

Traditional USPS supporter at Save the Post Office, Steve Hutkins presents the latest information about the reorganization of the USPS. We had let off where President Joe Biden has/had a chance to replace two commissioners whose terms were at an end. Everyone wants two new Commissioners, but Biden has not made a move yet on their replacement. ~~~~~~~~ “The USPS Eagle spins S&DCs to postal employees,” Save the Post Office, Steve Hutkins...

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