Grassroots

Nestlé adds sugar to baby food in low-income countries, report finds . . .

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SWI swissinfo.ch An interesting story coming out of Switzerland about Nestlé. In 2017 Nestlé adds sugar to baby food in low-income countries, report finds . . . made the following plan: Between 2017 and 2020 we want to reduce the added sugar in our products by a further 5%. In 2017 alone, Nestlé Switzerland withdrew […]

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An economic analysis of presidential immunity

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At Thursday’s Supreme Court hearing on Trump’s immunity claim, Justice Alito worried that prosecuting former presidents would create an incentive for incumbent presidents to subvert democracy to remain in office and avoid prosecution (Transcript, p. 110-11): JUSTICE ALITO: All right.  Let me end –end with just a question about what is required for the functioning […]

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Where Does Traditional Medicare Go: Profit-Driven Chaos or Patient-Centered Community?

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by Matthew Cunnigham – Cook The problems with Medicare Advantage is coding and pricing for care. And Fee for Service participants pay for the MA costs even though they do not use MA. “When accounting for favorable selection of enrollees in MA and higher MA coding intensity, we estimate Medicare spends approximately 22 percent more […]

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Do we need to change the way we grow things, or change the way we eat?

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by Lloyd Alter Carbon Upfront! The Toronto Star leads today with a story, “Ripe for a challenge,” in which climate change reporter Kate Allen describes attempts to grow strawberries indoors in Canada “as red-ripe and juicy as if they came out of a sunny field in July.” Canadians import C$6.2 billion more fresh and frozen […]

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Idaho Deputy Solicitor General Answering SCOTUS Justices on Idaho’s Abortion Law

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Listening to the back and forth between the justices and Idaho’s Solicitor General, there is tension on display here. The Idaho Solicitor General appears to take the stance the abortion is available if necessary. The justices are questioning how such could be if doctors will not treat the women if abortion is needed. That being, […]

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New Deal democrats Weekly Indicators for April 22 – 26

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 – by New Deal democrat The Bonddad Blog My “Weekly Indicators” post is up at Seeking Alpha. Not much churn in the short leading or coincident timeframes this week. But one of the long leading indicators joined the “less bad” parade. This is what I would expect to see coming out of a recession, before growth […]

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Protesting Now and in the Sixties and Seventies

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You gotta be old enough to remember what took place in the sixties and into the seventies with regard to protesting. In 1970 when I was bathing in and drinking the Camp Lejeune water, we were selected to be trained in riot control. JIC the protestors, the student protesters were a bit rambunctious in Washington […]

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Another strong personal income and spending report, but beware the uptick in inflation

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– by New Deal democrat The Bonddad Blog Personal income and spending has become one of the two most important monthly reports I follow. This is in large part because the big question this year is whether the contractionary effects of Fed tightening have just been delayed until this year, or whether the fact that […]

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Never-Ending Water Crisis and ‘Punishment Nightmare’ of Flint Michigan

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This is a rehash of what was going on in Flint from 2014 onward. It is mostly what I have seen and read about from 2014 till 2022. Republicans were in control of the state during most of this time if not all of it. Attorneys will lay claim to 1/3rd of the payout. If […]

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Catch and Kill Protection Rackets: Trump, Weinstein, Epstein and Wall Street

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Catch and Kill Protection Rackets: Trump, Weinstein, Epstein and Wall Street

By Pam Martens and Russ Martens: April 26, 2024 ~ Editor’s Note: This article has been edited and updated from an earlier version, published in 2020. Trump and Catch and Kill: Yesterday, David Pecker, the former Chairman and CEO of American Media Inc. (AMI), the parent company of the National Enquirer tabloid, testified for a third day in the 34-count criminal trial of former President Donald Trump in New York. Pecker continued to expand on the sordid details of a catch and kill operation he had agreed to operate with the active involvement of Trump and his then attorney, Michael Cohen. The operation involved buying up stories about Trump’s salacious affairs with women and then killing them from publication in order to help Trump’s campaign for the presidency in 2016. There was also an understanding that Pecker would run negative articles about Trump’s political opponents in the National Enquirer. During opening … Continue reading →

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Governor Katie Hobbs Announces $500K in FAFSA Initiatives to Assist Arizona Families Afford College

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According to The Hill the New FAFSA forms were supposed to be easier and shorter. Shorter yes, nut not so easy. There is a list of 2024-24 FAFSA issues which are confounding parents and students attempting to complete the FAFSA so as to be eligible for student aid. FAFSA forms were changed in 2023 and […]

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Leading indicators in the Q1 GDP report are mixed

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 – by New Deal democrat The Bonddad Blog Most of the commentary you will read about Q1 GDP that was released this morning will be about the core coincident components. For that I will simply outsource to Harvard’s Prof. Jason Furman: “much of the slowdown was in non-inertial items like inventories (-0.35pp) and net exports (-0.86pp). […]

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College Financial Aid Scramble

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by Lora Kelly The Atlantic A plan to simplify the Free Application for Federal Student Aid process, better known as FAFSA has been a few years in the making. In 2020, as part of a spending bill, Congress ordered the Department of Education to create a shorter version of the FAFSA form. The new application […]

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Jobless claims continue their snooze-fest

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 – by New Deal democrat The Bonddad Blog [Note: I’ll put up a post discussing Q1 GDP later today.] Initial and continuing claims continued their snooze-fest this week. Initial claims declined -5,000 to 207,000, continuing their nearly 3 month long range of between 200-220,000 per week. The four week average declined 1,250 to 213,250. This […]

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Claims of Student Loan Cancellation Benefiting the Wealthy are Still False

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by Alan Collinge Medium A number of beltway “experts” are currently claiming that cancelling student loans would unduly benefit the wealthy. These claims are based upon blatantly flawed research, They have been used by very well-coordinated media/social media campaigns, designed to kill the push for student loan cancellation, and have flooded the zeitgeist in recent […]

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Wall Street’s Judge Shopping Continues: It’s Trying to Stop the FTC’s Ban on Worker Handcuffs Known as Non-Compete Agreements 

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Wall Street’s Judge Shopping Continues: It’s Trying to Stop the FTC’s Ban on Worker Handcuffs Known as Non-Compete Agreements 

By Pam Martens and Russ Martens: April 25, 2024 ~ Sullivan & Cromwell, the go-to law firm for Wall Street in the past, has become a case study in how not to manage one’s corporate reputation. (See Wall Street’s Go-To Law Firm, Sullivan & Cromwell, Got in Bed with Crypto; Now Its Reputation Is Being Hammered.) Apparently, having previously represented FTX fraudster, Sam Bankman-Fried, and then grabbing FTX’s bankruptcy proceeding and billing $180 million, is not enough shame for Sullivan & Cromwell to heap on its reputation. It is now listed as the Big Law firm that filed a federal lawsuit yesterday on behalf of the corporate front groups, the U.S. Chamber of Commerce, the Business Roundtable, and others, to stop the Federal Trade Commission’s (FTC’s) new rule banning non-compete agreements for most workers. (An 8-attorney law firm in Texas, Potter Minton, is also listed on the filing for the plaintiffs.) Sullivan … Continue reading →

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One born every minute

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And the grift goes on: “Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 — pretty much his “whole […]

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The preemption stakes in Idaho vs. U.S.

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A high court decision in favor of Idaho puts at risk the federal government’s ability to set national environmental, labor and consumer protection standards. by Merrill Goozner Angry Bear can not add to Merrill’s remarks on Idaho’s stance banning abortion in almost all circumstances and their claims to preempt the federal Emergency Medical Treatment and […]

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