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Tag Archives: politics

Honey, I’m Home

What if someone told you that one man from one mega law firm chose the last three appointees to the U.S. Supreme Court? In a new book, ‘Servants of The Damned’, David Enrich did just that, and much more. That one man was Don McGahn; the law firm, Jones Day. The suggestion leading to his being enabled to do so came from one Sen. Mitch McConnell. McGahn, a super lawyer from a powerful law firm with a right-wing agenda (better yet, a federalist Society...

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Distibution and Total Growth of Family Wealth

This popped up on “Letters from an American” just last night. I was too tired to read Prof. Heather Cox-Richardson’s article. So, I missed out on a good message about the income of America’s population. This is a recent commentary by the not-so nonpartisan Congressional Budget Office in September 2022. The thrust of the article? “Trends in the Distribution of Family Wealth, 1989 to 2019.” Prof. Heather Cox-Richardson’s Introduction; Since...

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Loss of Truss

I really have to write about macroeconomics given the drama across the Channel in the UK. The story so far is that New Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng have managed to spook money managers by threatening to cut their taxes . Kwarteng proposed a mini budget cutting the top marginal tax rate (etc). The Pound depreciated not quite reaching parity with the dollar (fell bellow 104 cents though) and the 10 year...

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Lana Theis’s Attack on Mallory McMorrow Failed

Yea, I know. Who the hell is Mallory McMorrow. First let me explain Lana Theis. Lana is a state senator representing the Michigan state district I lived in when I was near Brighton, Brighton Michigan. Lana is Republican and was pretty much protected from being replaced due to state gerrymandering. You may remember her as the Michigan Republican state senator who falsely described McMorrow as a “groomer” in an April fundraising email. In the...

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SCOTUS, the Supreme Not-A-Court Dilemma

I am not an attorney; although, I have been in all levels of state and federal courts including Certs to SCOTUS. I had to learn by default to get my points across at times. Neither am I to be trifled with if you choose to make BS statements. I found this SCOTUS article to be interesting as I am seeing similar as an average citizen sitting on the sidelines wondering what plague has infected the courts. Judge Aileen Cannon is a knowledgeable person...

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The debasement of classical liberalism continues apace

I am not a classical liberal, but classical liberals are right about some things.  In a sane world they could play a valuable role by challenging the thinking of social democrats, welfare state liberals, and others who believe the state has an important role to play in economic affairs.  We all need to be kept honest. But for decades, classical liberalism has been debased by the economic extremism of its adherents and their willing association...

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Italy Leading in Neo-Fascism and Anti-Fascism

Neofascist Giorgia Meloni will be the next Italian Prime minister. I feel I have to write about this being in Rome, but I am clueless as to how it happened (I wasn’t optimistic a year ago – I was expecting authoritarian xenophobe demagogue Matteo Salvini to be the next Italian prime minister — I guess the photo of him wearing a Vladimir Putin T-shirt when on Red Square might have cost him the authoritarian but not that authoritarian vote). A much...

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What News was in My In-Box

Kind of a mixed bag of what news was showing up in My In-Box. It was evenly spread amongst various topics. Ford building a battery plant just like everyone else is planning. Wall Street buying up residential homes. That purchasing of houses will come to no-good for the average citizen. ACA Preventive is under threat by a looney federal judge in Texas and SCOTUS has to decide. Non-Opioid pain treatment sounds like a good idea. If you do not like the...

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House price indexes: more evidence of a summer peak

House price indexes: more evidence of a summer peak  – by New Deal democrat The Case Shiller and FHFA house price indexes were updated through July (technically, the average of May through July) this morning. Ordinarily I do not pay them too much mind, but this year they are very important in confirming a peak in house prices. Although the FHFA index is seasonally adjusted, the Case Shiller index is not, so the best way to show them in...

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Ted Cruz’s School Security Bills

Senate Democrats on a Wednesday back a while ago blocked two bills from Sen. Ted Cruz (R., Texas). The bills would be using COVID-19 stimulus funds to bolster school security and mental health resources for students. Sounds like a much -needed idea given past circumstances. Cruz’s proposals: The Securing Our Schools Act, which was cosponsored by Sen. John Barrasso (R., Wyo.), would double the number of police officers in public, charter, and...

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