Posts

Versatility of conviction

The tariffs were about extortion, soliciting bribes. They were never about helping the economy, balancing the budget, trade deficits or reducing taxes. “ After multiple White House aides insisted that the new tariffs were not a negotiation, Trump said he would be open to negotiating with other countries about the duties.   “Trump said he would be open to tariff talks with other counties if they offer something phenomenal, Reuters reported him saying on Air Force One.   “Top trade aide Peter Navarro told CNBC less than an hour earlier that the sweeping tariffs are “not a negotiation.” If Navarro possessed a molecule of dignity, he’d be embarrassed. But embarrassing his MAGA minions is a feature, not a bug, for Trump. https://www.cnbc.com/2025/04/03/trump-tariffs-live-updates-stock-market-trade-war.html

The Trump Administration hates veterans

Trump called fallen American soldiers “suckers” and “losers.” Presumably because they didn’t find a podiatrist who could claim they had “bone spurs.” Now the Trump Administration is punishing living veterans for their service. In the latest episode: “ The U.S. Department of Veterans Affairs said Thursday that it will end a mortgage-rescue program designed to help veterans who have   fallen behind on their mortgages keep their homes.” *snip* “For thousands of veterans, it's not their fault that they're in this predicament. The vets had reached out to their mortgage companies during a time of financial hardship and were told that by taking advantage of the VA's mortgage forbearance program they could skip some mortgage payments and have an affordable way to get current on their mortgages again.     “After mortgage rates spiked from around 3 percent to 7 percent in 2022, however, the only affordable way for these vets to do that was through what's called a "partial cl...

China will benefit from the Trump tariffs

Trump asserted that “trad wars are easy to win.” So far, it doesn’t look like Americans are winning. But in the longer term, Trump may be right: his trade war may be easy for China to win: “Liberation Day isolates America from the rest of the world by incentivizing all other countries to trade with each other instead of America,” said Frank Tsai, an adjunct professor at the Emlyon Business School’s Shanghai campus. “China now has a golden opportunity to beat America at its own game.” https://finance.yahoo.com/news/trump-gives-china-xi-chance-122001974.html  

The real reason for the Trump tariffs

The economic hardship is a feature, not a bug. From Sen. Chris Murphey (D-CT): "Those trying to understand the tariffs as economic policy are dangerously naive. No, the tariffs are a tool to collapse our democracy. A means to compel loyalty from every business that will need to petition Trump for relief. This week you will read many confused economists and political pundits who won’t understand how the tariffs make economic sense.   That’s because they don’t. They aren’t designed as economic policy. The tariffs are simply a new, super dangerous political tool.   You see, our founders created a President with limited and checked powers. They specifically put the power of spending and taxation in the hands of the legislature.   Why? Because they watched how kings and despots used spending and taxes to control their subjects.   British kings used taxation to reward loyalty and punish dissent.   Our own revolution was spurred by the King’s use of heavy taxation of t...

Trump is killing the American vaccine industry

“The United States led the world in developing the technology that beat the COVID-19 pandemic. Action from lawmakers may leave that legacy—and a $70 billion market—behind.”   Abandoning mRNA vaccines is bad science, bad medicine, bad public health and bad business. This is just stupid. Which defines the Trump administration.   https://www.forbes.com/sites/alexknapp/2025/03/28/trump-administrations-attack-on-mrna-vaccines-threatens-american-biotech-dominance/?utm_source=ForbesMainFacebook&utm_campaign=socialflowForbesMainFB&utm_medium=social&fbclid=IwY2xjawJaT9NleHRuA2FlbQIxMAABHW02jRQp_HTmvXn6QCMdtBuk53a2709h8DFSpiyGAZE-sTcHRhWZ9qo_IQ_aem_nGhaLp4dSVlJD8O-JQpdpg

Weekend warriors FTW

For most of the 20 years before we left Missouri, I engaged in endurance training exercise. But the vast majority of that exercise was on weekends and occasional holidays, since it was bike riding and (a) I wanted to avoid weekday traffic and (b) I was employed full-time. All of which made me a “weekend warrior” as far as intensive exercise is concerned. At the time, I was aware of claims that being a weekend warrior didn’t provide the same benefits as exercise spread evenly over the week. Turns out, the data say they’re equivalent: “ During an 8.1 ‐ year median follow ‐ up, 3965 adults died from all causes, including 667 from cardiovascular disease and 1780 from cancer. Both the active weekend warrior group (all ‐ cause death: hazard ratio [HR], 0.68 [95% CI, 0.64–0.74]; cardiovascular disease death: HR, 0.69 [95% CI, 0.58–0.83]; cancer death: HR, 0.79 [95% CI, 0.71–0.89]) and the active regular group (all ‐ cause death: HR, 0.74 [95% CI, 0.68–0.81]; cardiovascular disease death: HR, ...

My Social Security experience

With all the political chaos surrounding Social Security in the Trump Administration, I thought it might be useful to report on my experience. I submitted an online for Social Security payments on 11 December 2024, with benefits requested to start in March 2025. You can’t request a day, only a month. I was notified on my SS page that the application had been received on 11 December and that it was under review in an office in Pennsylvania. The notification also said that the review process typically takes 30 days and that I'd be notified if there were any problems. On January 10 (30 days), my SS page still said the application was under review. Same on 9 February (60 days). On 28 March, I was notified that my application was approved. During this time, I learned a couple of useful things: (1) like your pay check, SS checks drop at the end of the month, (2) it normally takes 3-5 months from the date of application for the first check to arrive and (3) if your check is delayed past t...