Tag Archives: politics

“Michigan Supreme Court hearing on automobile no-fault reform: What to know,” Bridge Michigan, In reading this, I can almost guarantee, the citizens of the state of Michigan had not given any thought to the screwing over of those who suffered catastrophic injury due to automobile accidents. Indeed, it was business interests who set the pace for the repeal of No-Fault Auto Insurance. Michigan residents lived with the higher insurance...

The Fed still seems determined to bring about a recession  – by New Deal democrat As I wrote on Saturday, several coincident indicators have stabilized in the past several months (for example, Redbook consumer sales, which has been at roughly 5% YoY for 8 weeks; and payroll tax withholding, which was only up 1.2% YoY for the last 4 months of 2022, but is up 4.7% YoY for the first 9 weeks of this year). This has led to increased speculation that...

Unfortunately, this did not include the screening of “Loan Wolves.” The clip is approximately 36 minutes long. It includes Alan Collinge of Student Loan Justice who I have known for over a decade. Alan has been on Angry Bear Blog multiple times. He has not given up his, the crusade seeking relief for student loans. “Loan Wolves” Writer and Director Blake Zeff has written for The Onion and Politico besides doing other things. He is the chief...

Dale Coberly talking about reforming entitlements and the impact on Social Security . . . CRFB, “The Committee For a Responsible Federal Budget”, is an organization dedicated to reducing the National Debt or federal budget deficit, so it says.  But it seems to spend most of its time calling for  “reforming entitlements,” meaning “cut Social Security” which has nothing to do with the Debt/Deficit. Social Security is paid for entirely by the...

For most of my adult life, I’ve learned history almost exclusively by reading books. I took American and World history in high school and two quarters of American history in college, but after that, I became a history autodidact. I’ve written several book reviews (and published three of them), but this is the first course review I’ve written.In a footnote to an article on Ukraine in New York Review of books by British historian Timothy Garton Ash, he...

Loans at the Lege RECEIVED TUE., FEB. 28, 2023 Another Letter to The Editor from a member of Student Loan Justice Org.. “Loans at the Lege – Feedback,” The Austin Chronicle Dear Editor, The fact that Texas legislators like Ted Cruz are opposing student loan cancellation makes no sense. The state is crushed under $141 billion in mostly federal debt, most of the people with these loans are either Republican or Independent, and the...

* Please help my Water Scarcity students by commenting on unclear analysis, alternative perspectives, better data sources, or maybe just saying something nice. David Zetland Bad management and dry taps in Turin, The one-handed economist Kiara writes* Water scarcity in the metropolitan area of Turin (Italy) is the result of climate change, weak government policy, and corruption. Turin’s watershed stretches across 570 km2 at the foot of the...

For one, I find it difficult for behavior economics to explain why people are reacting in irrational ways. For example, University of Chicago poses some statements or questions on the issues. “Why do people often avoid or delay investing in 401ks or exercising, even if they know that doing those things would benefit them?” And, “Why do gamblers often risk more after both winning and losing, even though the odds remain the same, regardless of...

Credit Kevin for bold creative thinking. Of course, the privatizing of adjudication was logically next given that state legislatures had long since been farming it all out to ALEC. Tennessee, Missouri, Arkansas, …, — all the reds. Legislating’s really hard when you can barely read and write. There’s no telling how much state and federal legislation the NRA has had ghostwritten. Some states had forever commercialized their courts to the extent there...

Real final sales and inventories as portents of recession  – by New Deal democrat As I have mentioned previously from time to time, I read people who have interesting things to say even if their worldview is very different from mine. One such person is Mike Shedlock, a/k/a Mish. He’s an aggressive libertarian and has a long track record as a Doomer, but he frequently parses some thought-provoking economic data. It makes me think, even if I...