by David Zetland (originally published at Aguanomics) Lead poisoning, gasoline lobbies and crime Most of you have probably heard how the residents of Flint, Michigan were exposed to unhealthy levels of lead in their water (actually, any level is considered unhealthy) due to political and managerial incompetence.* Then I read this article on the “lead-poisoned generations of New Orleans,” which pointed out two things. First, there’s a very heavy...
Read More »So what now, America?
by David Zetland (originally published at Aguanomics) So what now, America? I was going to call this post “I told you so, America,” but I want to change people’s perspectives and motivate action more than be right. First of all, let’s all agree that the flood damages to Houston were worse due to poor planning that paved wetlands and allowed the city to sprawl into flood plains. Second, subsidized flood insurance (or the lack of a requirement for...
Read More »Tax Cuts for the 1% Coming Out of Your 401K
If you have been in a 401K like I have over the decades, you know this has been helpful in reducing tax on your income. If you do not know this, you do now. The GOP is making eyes on your 401k contributions with the intent of removing the upfront deduction which lowers your taxable income. The GOP would like to go to a Roth type of 401k. Either way, I would be ok. The problem I have with this idea is it is being presented as a way to help holders of a...
Read More »Tax cuts and tax reform
Bruce Bartlett’s twitter comments offer a look at one of this September’s issues.
Read More »2007 and Flood Insurance….blast from the past
Reader Dan sends along this one: (this was my newbie persona ten years ago http://angrybearblog.com/2007/05/reader-dan-on-insurance.html) ——————- My insurance in MA was cancelled on property due to ‘limiting risk exposure’ by my insurance company. While near the coast, my investment property is not on a flood plain and well protected as well as being higher by far (40 ft.) than downtown. I wound up having to buy from a MA backed plan at 1.5 multiplier for...
Read More »Flood damage in Houston costs whom?
Via New York Times comes this information on flood insurance, which I believe is the predominate cause of storm damage in the Houston area and beyond: Private homeowners’ policies generally cover wind damage and, in certain cases, water damage from storm surges. But for almost half a century, all other homeowners’ flood coverage has been underwritten by the National Flood Insurance Program, a federal program that itself faces financial uncertainty....
Read More »Is David Ignatius Falling For Saudi Propaganda?
Is David Ignatius Falling For Saudi Propaganda? Washington Post columnist and occasional novelist and diplomat, David Ignatius, is one of the best informed and wisest of commentators on Middle East affairs. Thus it is with concern that in yesterday’s Washington Post in a column titled, “A new chance for Middle East peace?” he seems to have fallen for third rate propaganda largely being pushed by the Saudi government, although also backed by the UAE...
Read More »Notes on Harvey: if Karma could bring her litter to visit the Texas GOP
Notes on Harvey: if Karma could bring her litter to visit the Texas GOP First of all, as many of you already know, the M.I.A. proprietor of Bonddad blog, Hale Stewart, resides in the Houston area. I traded messages with him on Saturday, and as of then, he was doing OK. Secondly, when Superstorm Sandy hit New Jersey and New York, Texas Republicans were prominent among those who opposed aid. Ultimately aid was provided — but not until 75 days after the...
Read More »GAO Report finds Rural Postal Service Remains Essential
From time to time, Mark Jamison or myself would feature articles from the Save the Post Office blog as authored by Steve Hutkins, a literature professor who teaches “place studies” at the Gallatin School of New York University. Mark Jamison a retired Postmaster for a small town in North Carolina would often write there also. This particular post was featured in October of 2016. Where FedeEx, UPS, DHL or other services do not go, the US Postman still does...
Read More »Republicans and Labor
Interesting development last week, Missouri’s state Legislature decided a minimum wage of $10/hour is a hardship for business and too much for Labor. This comes after the MSC sided with St. Louis and Kansas City in setting a minimum wage of $10.10/hour. The Republican legislature decided differently and passed legislation to prevent local communities from establishing minimum wage above what the state mandates. “ Thousands of workers in St. Louis will...
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