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Why Trump plan to end tax on Social Security benefits is a fatal mistake
08/17/2024
Senator Larson says it is a fatal mistake as lost revenue is not made up leading to a Medicare insolvency in 2031, and Social Security insolvency in 2033. Social security benefits will then by law will be cut in 2033 by 25%., a dangerous step tragic for many on Social Security who are pushed into poverty.
Linked Articles
CNBC 08/17/2024
Donald Trump's Suggestion to End Taxation of Social Security Benefits | Committee for a Responsible Federal BudgetCommittee for a Responsible Federal Budget 08/17/2024
Transition Investing hits $1.8 trillion in 2023 a 17% increase to tackle climate change
03/03/2024
ESG or environmental social governance seemed to be telling people they were inadequate and telling them what they needed to do. Now Larry Fink of Black Rock sticks to Transition Investing. The dangers of climate change are everywhere and well known. The transition was needed, and how to make it happen, how to make the transition with the right investments, how to prepare for the future- this is Transition Investing.
Linked Articles
Step Aside, ESG. BlackRock Is Doing ‘Transition Investing’ Now.
WSJ 03/03/2024
WSJ News Exclusive | The Investment Firm That Keeps Raising Giant Climate FundsWSJ 02/05/2024
Reagan, Greenspan and America's lost years 1980-2009
11/17/2023
It was in this period that many of the problems that we face today were created through policies of low interest rates, deregulation and financial market speculation leading to the financial crisis of 2008. At the beginning of the Reagan administration in 1980 China was still a country of bicycles and largely rural, by 2009 it had transformed itself into the largest manufacturing nation in the world and continued to 2023. In the US financial deregulation and lack of health care for all allowed financial interests to become the dominant force in the economy in a speculative way , and defunded manufacturing, infrastructure and public services. The work of FDR, Truman Eisenhower and Kennedy unraveled, Clinton, Obama and Trump continued that decline.
Linked Articles
Puerto Rico Was Supposed to Be John Paulson’s Paradise. Then Came the Lawsuits.
WSJ 11/16/2023
Trader Made Billions on SubprimeWSJ Jan 15 2008 01/15/2008
A parting of ways with Mr. Trump- Mr. Trump's Attorney General Barr followed by VP Mike Pence and now Joint Chief chairman Gen. Milley
09/30/2023
All three of the senior most members of Trump's administration make a parting of ways with Mr. Trump when it comes to the Constitution of the United States of America, free and fair elections, the separation of powers between Congress the Executive branch and the Judiciary, and the smooth transfer of power every four years to a newly elected government, with all 435 members of Congress elected every 2 years, checks and balances put in place by the framers of the US Constitution including Jefferson and Madison to protect Democratic form of government enshrined in the words "We the People.."
Linked Articles
Gen. Mark Milley Warns of Fealty to Dictators, in Exit Speech Aimed at Trump
WSJ 09/29/2023
Opinion | General Milley and the ‘Wannabe Dictator’WSJ 09/29/2023
Mr. Trump's loosening of banking regulation and regulatory culture and the crisis it caused.
04/29/2023
The laws passed in the US Congress to limit the regulation of US banks imposed after the 2009 crisis led to leaving a gap for midsized banks where there would be less regulation. The appointment of Randy Quarles to Fed Vice Chair Supervision by Mr. Trump in 2019 led to the new culture which took the attitude the less regulation the better 14 years after the 2009 banking crisis, and the collapse of several banks in 2023, endangering the US banking system when the US needs a huge capacity to invest in the nation.
Linked Articles
The trajectory in 2023 and beyond for Russia and Ukraine that was not evident in the first year of the war
04/07/2023
Russia faces a difficult situation ahead for its economy. Ukraine has survived the most difficult period with EU assistance and American support.
Linked Articles
Russia’s Economy Is Starting to Come Undone
WSJ 03/28/2023
Thwarting Vladimir Putin: The Ukrainian Economy Just Keeps On Going - DER SPIEGELSPIEGEL ONLINE 04/07/2023
The indictment of Donald Trump for hush payments to a porn actress
04/01/2023
The indictment by a grand jury of Donald Trump in March 2023, with other investigations underway in other places.
Linked Articles
How Alvin Bragg Resurrected the Case Against Donald Trump
NYTimes.com 04/01/2023
Donald Trump Indictment Sets Historical MarkerWSJ 03/31/2023
Deforestation- is the pledge at COP26 Glasgow a bit too late for Indonesian rainforest?
11/02/2021
This is one of the amazing links in Lyrarc because it shows WSJ article from 2007 noted by Lyrarc that year, showing UN maps on deforestation in Borneo island in Indonesia for 2000, 2005, 2020. By 2020 most of the rainforest is shown as gone. Deforestation and climate ecologist Clare Rewcastle Brown, sister in law of former British prime minister Gordon Brown, from Britain, recalls colonial days in Sarawak, north Borneo Island, where her father was a police officer. And how much of the canopy of forest from that part of Malaysia was disappearing. She continued her protests from outside Malaysia in 2013 as reported by NYT and noted in Lyrarc that year. This is an amazing story of how deforestation of some of the last rain forests in the world took place at a time when awareness of climate change was sorely lacking in 2007-2013, and how by 2020 the rain forests in Borneo may have already disappeared from planet earth to combat climate change. One woman's fight and a fight that is still on after world leaders took a pledge to end deforestation on the planet by 2030 including Russia, Brazil, Indonesia, China, and the US, and a UN report that had the foresight to show a rainforest disappearing in 2007 in Tom Wright's WSJ report from Surabaya, Indonesia the same year.
Linked Articles
WSJ 07/03/2007
Barred From Malaysia, but Still Connecting With Critical JabsNew York Times 08/16/2013
The origins of the coronavirus and the 2018 NIH lifting of a US ban on virus research that increases transmissibility
06/04/2021
Dr. Fauci, NIH, HHS, lifted the ban on research and manipulation of virus in lab settings in 2018 The role played by the Cambridge Group of scientists who opposed lifting the ban on gain of function research for surveillance purposes. The US public and the public in the world in India, Europe, Asia, Africa and Latin America unaware of what was going on. The devastating effects of the coronavirus in 202 and 2021 and the lack of a vaccine in 2020, lack of a vaccine in sufficient quantities in 2021. The paltry benefits of surveillance compared to the great risks of something going wrong, as pointed out by the Cambridge Group. Why was it ignored in 2018. Who makes decisions for public health in the world. Can the US make decisions for India, the people in Africa, Latin America and Asia. Does even the US public know about it, much less the public in the world at large. What power is given by the US Constitution to US government agencies on matters of public health. How are a few individuals at HHS and NIH accountable to the public in the US and the world at large.
Linked Articles
Opinion | Anthony Fauci and the Wuhan Lab
WSJ 06/03/2021
Ban on gain-of-function studies endsThe Lancet Infectious Diseases 06/04/2021
Robert Lighthizer and the fight to make Made In America the new symbol of American revival
12/18/2020
Robert Lighthizer talks about the efforts under the Trump administration to bring American manufacturing back to where it was in the days after World War II, and restore the rights and dignity of American workers. For three decades the U.S. lost jobs and allowed its manufacturing to be outsourced hurting American workers and reducing the manufacturing base of the U.S. The efforts to ensure fairness in trade also protects American workers and manufacturing at home.
Linked Articles
How to Make Trade Work for Workers
Foreign Affairs 12/18/2020
We're proud of what we've done, says Trump's trade chiefBBC News 12/17/2020
India's bold achievements in renewable energy show Paris Climate Change Agreement is not the only answer
12/12/2020
Linked Articles
Has the Paris climate agreement lived up to the hype? | DW | 11.12.2020
DW.COM 12/11/2020
Beyond the Paris pact | HT EditorialHindustan Times 12/11/2020
The San Francisco region and the destruction of Jobs in America
12/09/2020
As far back as 2008 Intel's Andy Grove a patriotic founder of technology business in northern California saw the danger in the San Francisco region based Silicon Valley taking a disproportionate amount of America's resources in capital and technology and in return not creating jobs for the American people.
Linked Articles
How China Built ‘iPhone City’ With Billions in Perks for Apple’s Partner
The New York Times 12/29/2016
Andy Grove: How America Can Create JobsBusinessWeek 07/01/2010
President Trump and the Supreme Court nomination of a woman conservative in September 2020
09/22/2020
Linked Articles
Why Ruth Bader Ginsburg Refused to Step Down
NYTimes.com 09/22/2020
Trump Says Supreme Court Nominee Will Be a WomanWSJ 09/20/2020
How low interest rates from the banks created 2009 financial crisis were squeezing Americans and most of all seniors
06/05/2024
In 2010 Charles Schwab pointed out that low interest rates were squeezing Americans, most of all seniors on fixed incomes and pensions. In 2024 first quarter the higher interest rates in one quarter alone created an additional $770 billion in interest and dividends for Americans, many of them seniors, according to US Federal Reserve. This is the damage done by the recklessness of the banks and financial sector and seniors have paid heavily for this and for the wars in the Middle East which reduced the growth potential of the US economy that were embraced by Reagan and Bush, Trump and Obama. The war money was not used to build new infrastructure to replace the old as it should have been leading to China having new infrastructure and America's being aging and worn out.
Linked Articles
Low Interest Rates Are Squeezing Seniors
Wall Street Journal 03/30/2010
Americans Have More Investment Income Than Ever BeforeWSJ 06/05/2024
Carlos Tavares and the contrast with Fiat Sergio Marchionne, Tesla Elon Musk- the need today for new role models for health and worklife balance, respect for dignity of workern
02/05/2024
Carlos Tavares, CEO of Stellantis that brings together Fiat, Chrysler and Peugeot, as shown in a WSJ report, respects workers right to have a weekend free of email requests to recharge their batteries for the new week starting Mondays. Tavares sees great value in worklife balance, respect for dignity and health of workers. He believes this delivers productive work better than alternatives such as that under Sergio Marchionne the Fiat leader running Chrysler who worked constantly, with excessively long hours, unending travel and smoking incessantly say reports, that took its toll on health- setting a poor role model for managing business and for the younger generation. A similar situation is presented by Mr. Musk compared to Mr. Tavares. Striking is the respect for the dignity of workers that comes with respecting worklife balance. This was a major issue in this years UAW negotiations. Leaders from Scholz in Germany and Biden in US, Modi in India, have called for respect for dignity of work and workers as the kind of society we want to build and we want to live in. The founder of Silicon Valley Andy Grove who founded Intel that powers the chips on every laptop always reminded his readers this is the kind of society he wanted to live in.
Linked Articles
Elon Musk Says Donald Trump Should ‘Sail Into the Sunset’ in Latest Spat
WSJ 07/12/2022
WSJ News Exclusive | The Money and Drugs That Tie Elon Musk to Some Tesla DirectorsWSJ 02/04/2024
Li Keqiang and the era of Openness in China 1977-2023
11/02/2023
LI Keqiang was able to pass entrance exams to Peking University in 1977 after entrance exams were reinstated following Mao's death. He led the modernization of China during the 2000-2022 period two decades of fast growth turning China into a middle income industrialized country after centuries of decline. During this period China urbanized at a rapid rate and Li's advanced studies focused on urbanization. It was also a period when China realized the damage done to the environment and quality of air, water, with haphazard growth, and shifted to climate change action through focus on solar energy and limiting use of coal.
Linked Articles
China Mourns Former Premier Whose Death Hovers Over Xi Jinping
WSJ 11/02/2023
Next Premier Came of Age in Era of OpennessWall Street Journal 11/16/2012
Severe floods in Germany 2021 Italy 2023 and effects of climate change in Europe
05/21/2023
The floods in Germany and Europe, the severe drought in parts of Spain and Italy are seen as signs climate change is here. At one southernmost point in Sicily the temperature recently reached about 49 degrees centigrade the highest ever in Europe.
Linked Articles
Italy’s disasters suggest the climate crisis is at the gates of Europe
The Guardian 05/18/2023
Scores dead, hundreds missing after massive floods in Germany, BelgiumFrance 24 07/16/2021
Biden the president who sees the longed for tidal wave of justice rise
04/14/2023
Biden is unique in American history as the president with the most experience. His long experience in the US Congress and his very real belief that there is such a thing as "the longed for tidal wave of justice" that will come up to help America build a new world of "Possibilities." It was this kind of faith in America that was the impression people had of Abraham Lincoln in the 1850's.
Linked Articles
Biden and Irish poets: 'Hope and history,' a lifelong love
AP NEWS 04/14/2023
Poetry-loving Biden heads to Ireland, home of the 'best poets in the world'NPR 04/14/2023
Indian Supreme Court decision that a politician is also a citizen and is also amenable to the same laws.
04/06/2023
India's Supreme Court rejects a petition by 14 political parties that asked for politicians to have immunity from prosecution. Or that there should be no cases filed against them because there are certain statistics related to the leaders. The court ruled that it cannot lay down law in the abstract. Specific cases need to be filed and the Court would rule in that specific case. The Supreme Court said -"Ultimately a politician is also a citizen, and as a citizen he or she is amenable to the same law."
Linked Articles
The Times of India 04/06/2023
Don’t let attacks deter you, Modi advises CBIHindustan Times 04/04/2023
Miscalculations by Putin's Russia and Neglect by Merkel and Bush-Obama- WSJ's Analysis of Events Leading to Ukraine war
04/03/2022
The highly detailed WSJ reports on events going back 20 years throw light on the failure of Merkel in Germany and Bush-Obama in the US to grasp the situation of Russia under Putin's nationalism and the miscalculations made by president Putin about the changing situation in Ukraine that had created a national identity. While Putin looked to history something different had emerged on the ground for the people of Ukraine that both German and Russian leaders failed to grasp as they continued to pursue economic integration. Business in Europe and the US had no clue what was happening, and how the situation was unraveling till the end. It is also leading to the unexpected effect of accelerating weaning western nations from fossil fuels, a goal of Glasgow's COP26 Climate Change Summit, the only constructive effect of the war.
Linked Articles
Vladimir Putin’s 20-Year March to War in Ukraine—and How the West Mishandled It
WSJ 04/01/2022
Russian Strategy in Ukraine Shifts After Setbacks, and a Lengthy War LoomsWSJ 04/01/2022
Rule of Law and Good Governance - the transformation of India's largest state Uttar Pradesh
09/21/2021
Sushasan- Good Governance, and Surakshan- Rule of Law, for the first time since independence in 1947 India's largest state with a population of 250 million people is being transformed. This creates the right climate for domestic and foreign investment. The Swachh Bharat (Clean India) and Jal Jeevsn missions for water, electricity for every home projects provide the underpinnings of future development.
Linked Articles
The Indian Express 09/20/2021
In Uttar Pradesh, does the BJP have an edge?Hindustan Times 09/20/2021
America's self-reliant economy - Biden with Trumpian undertones
01/21/2021
The Biden administration is seen as continuing the efforts of president Trump to pursue American interests in trade, technology, American workers and business to restore America's leadership role in the free world to what it was in the 1950's. Biden from Delaware is in the same tradition as president Harry Truman from Missouri in that period. Because of Biden's age this could be a one term presidency, and strange as it may sound it could be a presidency of Trump in foreign affairs and trade, technological leadership, without the rhetoric, and a socially cohesive presidency of Democrats in the tradition of Harry Truman. What then to make of all the fights of the Trump presidency? Much of this can be seen as an effort to break the status quo which did not benefit American workers.
Linked Articles
Biden’s Economic Team Charts a New Course for Globalization, With Trumpian Undertones
WSJ 12/01/2020
Trump touts record of ‘no new wars’, standing up to China in farewell addressFrance 24 01/21/2021
A new dawn for American manufacturing
12/15/2020
After three decades of decline American manufacturing reached a low point in 2020. Yet negative trends of low capital investment, lack of supply chain onshore, lack of investment in new technologies, are now being reversed. The warnings of the Trump administration are having an effect. There is now hope for a bright future with new investment and new technologies to regain U.S. leadership in manufacturing that it held for most of the twentieth century.
Linked Articles
U.S. Manufacturing: Why 2020 Was the Bottom of a Long Decline
WSJ 12/15/2020
The Covid Crisis Taught David Farr the Power and Limits of LeadershipWSJ 12/04/2020
Virat Kohli as bold hitter and Hardik Pandya as cleanest striker of the ball- India rival Australia in Test cricket
12/11/2020
Linked Articles
Hindustan Times 12/11/2020
‘He embodies the new India’: Greg Chappell names most important player ‘in the context of world cricket’Hindustan Times 12/11/2020
Trump joins Bolsonaro of Brazil and Boris Johnson of Britain as leaders with coronavirus
10/03/2020
Linked Articles
Trump transferred to Walter Reed hospital after Covid-19 diagnosis
France 24 10/03/2020
Brazilian president Jair Bolsonaro tests positive for coronavirusThe Guardian 07/07/2020
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