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Health Care & Environment

07.21 Greta Thunberg: ‘They see us as a threat because we’re having an impact’ [We love a sane smarty-pants! Trump, you won't understand any of this, so just go off and tweet or chant, or whatever...]

07.20 Until Emissions Drop, Nothing Has Been Accomplished: The Climate Resistance Handbook Is Here. [Trump can't be bothered as the world turns into a large cinder. His laser focus is on personal greed.]

07.20 Cargo ships are emitting boatloads of carbon, and nobody wants to take the blame [1:19 video; Governments must commission to fight deadly shipping emissions, previously omitted in climate summit agreements....]

07.20 Babies Born Near Oil and Gas Wells Are Up to 70% More Likely to Have Congenital Heart Defects, New Study Shows

07.20 Giving 'Upper Hand to Corporate Polluters,' EPA Drops Surprise Inspections

07.20 With Petition to Congress, 100,000+ People Demand Green New Deal 'That Fixes Our Food System' [Realtime proactive response to reality—now and threatening—doesn't get attention in this greed focused administration]

07.19 Trump administration won't ban pesticide tied to childhood brain damage [There is no truth to the persistent rumor that chlorpyrifos pesticide was heavily used at Trump's childhood home in Queens]

07.19 'Unprecedented' Decline of Plants and Animals as Global 'Red List' Reveals Nearly One-Third of Assessed Species Under Threat

07.17 ‘Off-the-charts’ heat to affect millions in U.S. in coming decades

07.17 Planned Parenthood president Leana Wen forced out by board [Given that states have lost abortion rights on political grounds recently, Wen's philosophical approach to protect abortion rights based on ‘health care’ was smarter – therefore it was that smarter strategy that was killed at the secret meeting.]

07.17 Billions of air pollution particles found in hearts of city dwellers

07.17 What is happening in America's Cancertown is tragic, immoral and evil [Niggardly white government policies could change to produce better students, better jobs and net revenue instead of costs. But it seems they enjoy more cruelty—like Trump.]

07.16 US aid cuts to UN agency will hurt vulnerable women and children, critics say

07.16 Trump abortion restrictions in effect for taxpayer-funded clinics

07.15 The response to DRC’s Ebola crisis isn’t working. Here’s what we need to do

07.15 Extinction Rebellion protests block traffic in five UK cities [Non-corporate human animals make their annoying bleating sounds...]

07.14 A Glacier the Size of Florida Is Becoming Unstable. It Has Dire Implications for Global Sea Levels [The willfully ignorant needn't read more, Trump]

News Media Matters

07.19 Fox News’s star names excuse the inexcusable after Trump's latest racist attack

07.18 In Sinclair's New 'Must-Run' Segment, Former Trump Adviser Tries to Defend Racist Attacks on 'the Squad'

Daily: FAIR Blog
The Daily Howler

US Politics, Policy & 'Culture'

07.21 Of course Donald Trump is a racist – and his Wall Street enablers know it

07.21 A court ruled it was legal for guards to strip search female inmates and force them to remove their tampons in front of male officers for a 'training exercise' [The frequency and degree of immorality and degradation being reported in the media is very disturbing, as if society has been reprogrammed overnight to be more like the worst behavior of Nazi Germany]

07.21 THE DEMOCRATIC PARTY IS GETTING CRUSHED IN FUNDRAISING: “THEY NEED TO GET THEIR SHIT TOGETHER” [Since so-called moderate Democrats will prostitute themselves in many conceivable ways (offering that special quid pro quo) they have effectively become competitively ANTI-PUBLIC, like Republicans. Whereas progressive Democrats must promise not to take corporate donations at all as an effective litmus-test. The DNC refuses to raise funds for moderate and progressives separately, and thus donations fall short. Which is it to be: 1) Will the DNC change? or 2) Must progressive Democrats become corporate whores too? or 3) Maybe you don't need corporate contributions at all if your policies are fantastic?]

07.21 State and Local Taxes Are Worsening Inequality

07.21 State and Local Taxes Are Worsening Inequality

07.21 We're no longer in Brave New World. We're back in 1984. [1:35 video; Our despicable President is at it again]

07.21 BALTIMORE'S FILTHIEST HOODS [7:38 video. Ask your governments, why are our cities so much worse than Europe's? Why is our healthcare worse and so much more expensive? And why are our Billionaires so much richer? Ask if those results of bad government are all related, and why? Are they all caused by a power-elite with greed-obsessed immorality?]

07.21 Nancy Pelosi's Dem Socialist Challenger Shahid Buttar: "We're Gonna Win" | Full Interview [5:43 video]

07.21 Jon Stewart goes viral excoriating Rand Paul after blocking vote [9:02 video]

07.21 Nicolle Wallace Refuses to Broadcast Trump Live [5:43 video]

07.21 Sassy Bernie Sanders Sh*ts on Jeff Bezos on His Home Turf... Numerous Times [17:22 video]

07.20 Puerto Rico: top US politicians join chorus calling for governor's resignation

07.20 Fact check: Trump says Puerto Rico got $92 billion. They've seen only a fraction [If he opens his mouth, Trump's lying.]

07.20 "Trump Says Go Home, Ilhan's Community Says Welcome Home": Rep. Omar Greeted With Cheers of Love and Support in Return to Minnesota

07.20 WATCH: Amid Extreme Anti-Refugee Push, Trump Displays Neither Interest Nor Knowledge of Asylum Seekers' Plight in Oval Office Meeting

07.20 Trump Denies Being at North Carolina Rally [Not sure if Trump supporters 'get' satire, but here goes....]

07.19 Are progressives working on a climate plan for 2021? You bet.

07.19 House Democrats demand Hope Hicks clarify testimony after Cohen document dump

07.19 The 51 most outrageous lines from Donald Trump's repugnant North Carolina rally

07.19 The Real Meaning of ‘Send Her Back!’

07.18 Alexandria Ocasio-Cortez on Breaking up Homeland Security

Justice Matters

07.19 UN urged to act over 'purge' of Turkey's lawyers by Erdogan

07.19 DOJ Releases Strong Evidence of Trump’s Campaign Finance Violations But No Explanation of No Charges [The statement]

High Crimes vs. Human Rights

07.19 Conscientious objectors of first world war – their untold tales [The record proves they were morally right by avoiding violent early deaths of their cousins and themselves]

Economics & Corrupt Capitalism

07.18 Corporate tax cuts blocked at least 15,000 affordable homes in California. Here’s how

International & Futurism

07.21 Millions face hardship as Zimbabwe comes close to ‘meltdown’

07.21 Spain set for socialist-led government after Iglesias deal [Some loaded drama going on here...]

07.20 US to deploy troops to Saudi Arabia in face of 'credible' regional threats [Working with Osama bin Laden's godfathers, Trump wants to profit like Erik Prince (for-profit education secretary Betsy DeVos' brother) of Blackwater infamy (hurriedly renamed ‘Academi’), the U.S. taxpayer to pay inflated costs while Trump siphons off long-term emolument largesse]

07.20 Iran on 'dangerous path' with seizure of Stena Impero, says UK [Which is this, a tit or a tat?]

07.20 'Dark satanic mills': Tony Abbott continues his crusade against wind turbines [Too much CO2 air pollution makes you stupid, and turns your country into an “Idiocracy” (1:36 video clip)]

07.20 Bolsonaro declares 'the Amazon is ours' and calls deforestation data 'lies' [Lazy and willfully stupid whenever it serves his purpose, just like Trump. “And the rest of you can all go to hell.” Again, just like Trump. Has your country turned into an “Idiocracy”? (1:36 video clip)]

07.19 U.N.'s Bachelet says Congresswomen opposing Trump are 'fantastic'

07.19 Iran makes 'substantial' nuclear offer in return for US lifting sanctions [Was barbaric Saudi Arabia—whose citizens were more involved in the 9-11 attacks—the wrong ally all along?]

07.19 “The Task Ahead Is Enormous, and There Is Not Much Time” [Read this and learn. Or read Donald J. Trump (@realDonaldTrump) | Twitter and/or President Trump (@POTUS) | Twitter. Are you serious? Or are you in hideously criminal denial?]

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  Thinking about Recoveries
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COMMENTARY:

Thinking about Recoveries

by Fred Cederholm

Does anyone really believe that it is the Dr’s and hospitals which are in the driver’s seat and NOT the insurance companies? Can a national health care reform result without Uncle $ugar taking on the role of the “sole” underwriter or coverage provider? Will the medical insurance industry yield without a fight?

I’ve been thinking about recoveries. Actually I’ve been thinking about my post-operative return to normal, my recovery goals, the status of the US recovery, and the US recovery goals. My open heart surgery will be a scant three weeks in the past on Wednesday. My recovery is progressing exceptionally well. To all who have thought of me and prayed for me, a most heartfelt THANK YOU! I am now back home, I have progressed from sponge baths to hand-held (sit down) showers, I can comfortably walk up and down 14 steps, and I can now walk around my entire block unassisted (with only one brief pause at the halfway point and with the company of a neighbor— just in case ). Monday, I retrieved my Scottie, Mac II, from the kennel. I wish I could say that things are going as well for the US and the economy.

You see, for the past two plus weeks, I was offline and out of the loop as far as what was going on economically, financially, domestically and internationally. We are still in the opening phases as what has been billed as the worst economic downturn since the Great “D” of the 1930’s. Given the serious “dead in the water” status of the entire real estate sector – both residential and commercial, it seems a tad premature to blow off any further looming RE negatives. By my estimations on the housing side, only one third of the bad mortgages, the sub-prime loans, are now in our rear-view mirrors. A surge of the alternative A loans will hit late his summer and fall. The tsunami of interest-only adjustable rate ARMs will reset and unravel starting early next spring. Add to that the defaults and delinquencies for conventional RE financings which are surfacing because of job losses and downsizings, and the RE drag on the economic recovery is far from over.

The unemployment/underemployment front has not turned the corner yet, either. The DC spinmeisters have made gold from straw in their interpretation of the most recent declines in new claims and cumulative individuals drawing unemployment benefits. The job losses, however, have been so consistently large for so long now, that sooner or later, you will reach a point whereby the pool of those who are working has diminished; so, while the percentage of job losses remains unchanged (and high), the absolute number of recently terminated persons seems smaller. Then too, even with extended payment timeframes for the unemployed, the clock runs out eventually on benefits, and fewer “appear” to be drawing them. Nobody wants to proffer these more-than-likely explanations. Not one sector appears at even the beginning of a hiring surge. Recent college grads are facing perhaps the worst spring/summer hiring cycle in more than a generation.

I find it particularly interesting that somehow during the past couple of weeks, the MEGA (too big to fail) banks and investment banks have not only turned the corner, they want to pay back Uncle $ugar any bailout monies received and TARP monies accessed—thereby returning to a pre-crisis state. Could it be that they do NOT want to deal with the new regulatory restrictions being currently put forth by Treasury Secretary Geithner? Or, closer to home, could it be that they absolutely do NOT relish any restrictions on the bonuses and perks traditionally lavished on the performing stars, the mediocre players, and the managerial “turkeys” in their organizations?

The US Government continues to expand its ownership of what had been private enterprises and industries. While the bankers may want to eject Uncle from their boards of directors, the auto industry is proving a nice temporary distraction for the economic and financial headlines. It now looks like the auto debacle will shortly give way to the unfolding debate, finger-pointing, and mud-slinging focused around health care reform! Does anyone really believe that it is the Dr’s and hospitals which are in the driver’s seat and NOT the insurance companies? Can a national health care reform (make that a major medical insurance coverage fix) result without Uncle $ugar taking on the role of the “sole” underwriter or coverage provider? Will the medical insurance industry yield without a fight? They do want a highly public debate – full of sound and fury, signifying nothing. But.... their dream conclusion is for Washington to mandate coverage for everyone, with all that coverage being purchased from them!

This June of 2009, I at least seem to be in control of my own recovery. I can see progress each day. Some days I can see progress in the afternoon from just what I did in the morning. I wish I could say the same for the status of the US recovery, and the US recovery goals. My low point was when the surgeons cracked open my chest and began to task of repairing my defective mitral valve and partially clogged arteries. We won’t know the US economic/financial low point for at least two quarters after it has passed.

I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.


Copyright 2009 Questions, Inc. All rights reserved. Fred Cederholm is a CPA/CFE, a forensic accountant, and writer. He is a graduate of the University of Illinois (B.A., M.A. and M.A.S.). He can be reached at asklet@rochelle.net.


Copyright © 2009 The Baltimore News Network. All rights reserved.

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This story was published on June 22, 2009.

 

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