Tag Archives: Taxes/regulation

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...

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...

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...

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...

“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....

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...

I do not understand what the hell is going on regarding Silicon Valley Bank. I read something in the New York Times that seems to suggest to the no doubt completely confused me that somehow money will change hands as if uninsured deposits were insured. I have some simple questions. What happened ? What is happening now ? Why ? I guess the two key questions are 1) why are extraordinary measures being taken by the Federal Government to help...

This NYT story just dredges up the stories we would read and hear in the fifties and sixties. Popular song when I was hanging around the coffee houses then. No Starbucks then or laptops. If the song was of your ilk. Arriving in record numbers, the children escaping other countries are ending up in jobs violating child labor laws. Their presence can be found in the factories making the products your own and safe children might be eating or wearing....

Interesting article on why certain industries are not feeling the impact of Artificial Intelligence. I am not sure I agree entirely with Marc. Sixty-five-inch TV is around $2,000 today. Why use TVs in comparison which were always less costly? “We’re heading into a world where a flat-screen TV that covers your entire wall costs $100 and a 4-year degree costs $1M,” Fortune, Marc Andreessen and MSN. Marc Andreessen is not worrying about...

I am a member of AARP. I am also a part of its MediGap Plan N Program, and Part D Pharmaceutical. Just like to shop at one store. Some do not believe in MediGap. If you are healthy and do not think you will have to pay the Part A $1600(?) deductible and the 20% of costs. Then skip MediGap. Do you feel Lucky? Then toss the dice. You may be lucky, I am not. With Part D, I use Walgreens and we are having a faceoff. Everything was fine until they...