I have known Alan Collinge of Student Loan Justice for multiple years now. He has been prompting some type of relief for those who will never be able to payback these loans or are in default. Portfolio-by-Age.xls (live.com) as taken from here: Federal Student Loan Portfolio | Federal Student Aid The information in the chart above is from EOY 2020 and the Federal Student Loan Portfolio, Federal Student Aid, “Portfolio by Age” The General Link and...
Read More »PRESIDENTIAL STATEMENT SIGNING THE SOCIAL SECURITY ACT. AUGUST 14,1935
F.D.R.’s statement on signing the Social Security Act reminds us to pay attention to ‘reform’ or schemes to ‘privatize’ PRESIDENTIAL STATEMENT SIGNING THE SOCIAL SECURITY ACT. AUGUST 14,1935 Today a hope of many years’ standing is in large part fulfilled. The civilization of the past hundred years, with its startling industrial changes, has tended more and more to make life insecure. Young people have come to wonder what would be their lot...
Read More »The “exhausted majority”
At Infidel753 blog, author Infidel has a great commentary from February 14th. He discusses an “exhausted majority” making up America which has found the ongoing politics to be unacceptable, having checked out of either side of the battle. Granted, the politics of elections and the thereafter has turned into a mudslinging contest. The news media reporting has helped to bring it to a new low. People do not even want to listen to the 20 of the 30...
Read More »A former president will die and he is saying his good-byes
“I just want to read one of Uncle Jimmy’s quotes,” Kim Fuller said during the Sunday school morning service, adding: “Oh, this is going to be really hard.” She referenced this quote from Jimmy Carter: “I have one life and one chance to make it count for something. I’m free to choose that something. … My faith demands that I do whatever I can, wherever I can, whenever I can, for as long as I can.” Kim Fuller adds . . .“Maybe if we think...
Read More »New USPS Plan, rather than reducing transportations costs, it will drive them up by requiring more routes
The USPS Eagle spins S&DCs to postal employees, Save the Post Office, Steve Hutkins The cover story of the new issue of the Postal Service’s Eagle Magazine is “Re-Thinking Local Delivery.” It’s all about the big, new, modern Sorting and Delivery Centers that will replace carrier operations at your local post office. The article has a graphic showing a delivery vehicle out on a route making stops at the ten benefits of the new network:...
Read More »North Carolina Supreme Court has thrown a lifeline to SCOTUS
AB: Think about it. How does SCOTUS decide on some far-flung theory rejected by the founding fathers. Repubs claim NC high court decision canceling “extreme gerrymander by the state legislature violating the state’s constitution” violated the “independent state legislature theory” (ISLT). AB: This was a preposterous contention that state legislatures, acting alone, without executive approval or judicial oversight, have the power to establish...
Read More »Inflations Slows and Not Necessarily Because of the Fed
This is a long one and a C&P. Other than putting it up at Angry Bear, I can not take credit for this one. What I can say is . . . they are not the first ones to accuse Supply Chain for much of the inflationary issues we have had as a nation. In 2008, automotive cut production and did not maintain orders with the supply base. When it started back up, we were chasing semiconductors, etc. Lead-times doubled. We have just gone through similar....
Read More »Lenin’s Tomb
Just finished “Lenin’s Tomb” by David Remnick. The book’s subtitle is “The last days of the Soviet empire.” At ca. 550 pages, it might seem a lot of text to devote to a few days or weeks, but that’s not what the book is really about. Remnick shows us how the history of the Soviet Union as codified by the Bolsheviks and Stalin became the foundational myth that drove that society. In the face of daily evidence that the USSR was fundamentally a...
Read More »Ukraine outreach
From My Lovely And Talented Wife®My Ukranian friend just sent me a photo of a supermarket that was leveled to the ground during the Russian invasion and massacre in Bucha in March, 2022. She looks out on this from her nearby 14th floor window, and she is heartened by the fact that the area is now being cleared for rebuilding. Such efforts are everywhere, she tells me. People are hard at work to bring the city back to what it was.I just met my lively...
Read More »February 15, 2023 – Letters from an American
The President, Joe Biden, talking about the economy. In many ways, he made the right moves in protecting us from a reoccurrence of a similar 2008 event. This came after WallStreet blew up the economy by gambling, could not ante up, and government did not put enough on the table to rescue the economy. Main Street paid . . . February 15, 2023, Letters from an American, Prof. Heather Cox Richardson President Joe Biden hit the road today to...
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