Since many AB readers are either retired or about to be: “Looking solely at the trust fund that covers retirement and survivor benefits, Social Security will only be able to afford scheduled payments in full until 2033, roughly the same projection as last year. At that time, the fund’s reserves will be depleted, and continuing […]
A comment on an AB thread recently reminded me that I needed to update my understanding of the economics of long-distance travel by plane vs car: “In 1970, flying was twice as energy intensive as driving, but that has reversed. In 2012, the most recent year counted, driving one person one mile took 4,211 BTUs, […]
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 […]
In many capitalist European countries, college students do not have to pay tuition fees out of their own pockets. Here in America, most students have to fund their own college costs, which for many students means student loans. Whether or not they complete the degree, student loan borrowers can’t discharge these loans through bankruptcy. Of […]
Decades ago, the artificial sweetener cyclamate was banned because it caused bladder cancer in rats. Later, it turned out that this was an artifact of (1) the tendency of cyclamate to form a precipitate with the male rat urinary globulin in the bladder, which leads to inflammation and promotes cancer, and (2) the fact that […]
Look, Mike Johnson is a right-wing Christianist theocrat, but he did the right thing on Ukraine aid. I get it. This was partly a power play on his part to show that he, and not MTG, is in control of the House. And if the deal was that Democrats will vote against a motion to […]
When I was growing up in East Tennessee in the 1960s, there was a local grocery chain owner and right-wing politician named Cas Walker who railed about, among other things, water fluoridation. Water fluoridation was alleged to be a communist plot. If so, then God must be a communist, since water in some parts of […]
Most students who attend medical school in the US do so with student loans. Yes, some have military scholarships and some have wealthy parents, but most don’t. I’m guessing that most students reckon they’ll easily pay off the loans with the income that an MD or DO degree commands, and so far, they’ll be right. […]
I’m an investor, not a gambler, so I don’t own cryptocurrency, NFTs or shares in “Truth” Social. So the news that investors in DJT are being taken to the cleaners doesn’t faze me. “Shares of Trump Media plunged more than 15% on Monday after the company filed to issue millions of additional shares of stock. […]
OK, Tesla isn’t Bitcoin and it isn’t Trump’s Pravda Social, but: “Tesla announced to Gigafactory Texas employees that it will shorten Cybertruck production shift amid rumors that it is preparing a round of layoffs. “We received several reports today from Tesla employees hearing rumors of an important round of layoffs happening this week at the […]