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Tag Archives: Taxes/regulation

Fee For Service Medicare Part D Price Increases

I am late on the draw for this information on Medicare. Been busy with other issues. Had dinner last night at VA’ Bene, a restaurant in Chandler which is not too far from us. An older couple joined us afterwards as we were sipping some Chianti. The heat finally got to this couple and they are moving back to Oregon after living here for twenty years. Medicare Part D in 2024: A First Look at Prescription Drug Plan Availability, Premiums, and Cost...

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State Taxes are Driving People to Moving to Other States?

A rewrite by me combining several articles . . . “Go woke, go broke,” cited by one billionaire.” The implication? The ongoing culture war and economic policies of northeastern states had facilitated the migration of wealth and economic power to the South. California has the highest marginal tax rate in the nation. California also has had the second lowest out-migration rate among households earning $200,000 or more during roughly the past...

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Just Some More Politics Today

House politics today as most Repubs and Dems support the House funding bill. Democrat Jake Auchincloss of Massachusetts and Mike Quigley of Illinois voted against the passage of the House Speaker Mike Johnson’s stopgap funding bill to avert a government shutdown. With the two Dems, Ninety-three Republicans voted against it also. The bill passed. A similar bill as what former House Speaker Kevin McCarthy supported. The Democratic House leadership,...

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SOCIAL SECURITY, A BREAK THROUGH?

Dale Coberly discussing the latest news on Social Security. SOCIAL SECURITY, A BREAKTHROUGH? Dale Coberly For years I have been trying to inform people that the great big, huge horrible “Looming Trillion Dollar Unfunded Deficit” in Social Security could be fixed forever with a one tenth of one percent increase in the Social Security tax whenever the Trustees projected “short range financial inadequacy. This would amount to about a dollar per...

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OEMs Pulling Back from EVs?

I rewrote portions of this article and added information from my own experiences in Automotive when new technology is introduced. My experience is not as great when compared to the introduction of EVs. However, it does come close enough to understand what is going on with the industry. Anyways, onwards. As taken from: GM Says EV Demand Is Shrinking. Data Shows a Complex Market, autoweek.com, Emmet White Generally speaking about the market . . ....

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Greenspan Admits ‘Flaw’ to Congress, Predicts More Economic Problems

Just some history . . . An October 15, 2008, article in The Washington Post analyzing the origins of the economic crisis claims Greenspan vehemently opposed any regulation of derivatives, and actively sought to undermine the office of the Commodity Futures Trading Commission. If you recall, Brooksley Born was the head of the CFTC. A litany od experts and political figures mounted an attack on her in Congress. “The messenger wore a skirt,”...

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Popularism = Populism = Soak the Rich *and* Spread it Out Thin

For some reason in this time of crisis both foreign and domestic, I feel the need to remind Angrybear readers of a very simple stylized fact: If the income tax is constitutional and the top rate is less than 69% then non-incumbent Democratic candidates for President have won if and only if they promise to increase taxes on the rich and cut taxes for everyone else. Bill Clinton, Barack Obama, and Joe Biden did that (and Obama and Biden actually kept...

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Weapons Manufacturer Ditches Blue State, Moves South to Get Out of the Heat

Weapons Gun Manufacturer Ditches Blue State, Moves South, America Insider Carver Malone. NRA Executive Director of Advancement Tyler Schropp . . . “This move is a testament to their enduring legacy, their commitment to firearm excellence, and to the importance of preserving America’s gun industry and Second Amendment rights in a fair environment.” “Representing millions of NRA members and gun owners, the NRA was proud to be the tip of the...

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New Deal democrats Weekly Indicators for October 2-6 2023

If you get a chance, wander over to Seeking Alpha and read New Deal democrat’s very thorough take on the economy. You can set up a fee, limited account there. AB Weekly Indicators for October 2 – 6 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. While interest rates have continued to rise to multi-decade highs, shorter term indicators continue to chug right along, both on the producer and the...

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Part 2 of Saving Rural Hospitals – Problems and Solutions for Rural Hospitals

I broke this report into two parts as it becomes harder to complete reading when each of us has other obligations. CHQPR or the Center for Healthcare Quality and Payment Reform is a national policy center facilitating improvements in healthcare payment and delivery systems. As explained earlier in Part 1, rural hospitals are facing issues remaining open due to the lack of revenue for the services provided and a lack of use of various services. The...

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