Who’s “Socialist?” Those Too-Big-to-Fail Banks — Still

By Emily Eisenlohr | July 17, 2024

The Largest U.S. Banks Remain Too-Big-to-Fail The largest U.S. banks remain Too-Big-to-Fail (TBTF). Their structure is thoroughly “socialist.” Political rhetoric in some circles seems to define “socialism” as any involvement of the government and the taxpayer in citizens’ lives. The U.S. banking structure is socialism for the richest. It also exacerbates the widening of income…

Candidates for U.S. President 2024: What Will You Do with Social Security’s Generational Conflict?

By Emily Eisenlohr | July 15, 2024

A direct question to any candidate for President is: “What will you do with Social Security?” We’d like a direct answer. Legislative proposals. Budget implications. The question we ask ourselves is: “Will Social Security be there for me?” The answer to that is more complex. The story isn’t solely that Social Security’s Trust Fund will…

SCOTUS: Supreme Court Decisions Are “Opinions,” Not “The Truth”

By Emily Eisenlohr | July 15, 2024

The Supreme Court’s rulings and even the behavior of some justices are highly controversial. What is a deeper issue is the debate over interpretation of the U.S. Constitution. Allegedly, there is a “originalist” way to interpret the Constitution. What the Founding Fathers intended. A quick read on what actually happened back at the founding sure…

Books for Defending Democracy and Constructive Debate

By Emily Eisenlohr | July 15, 2024

Aaron Burr may have sung about being “in the room where it happens” in Hamilton. The musical refers to the room where a pivotal compromise was struck over a meal at Thomas Jefferson’s. (There’s a book about that! Dinner at Mr. Jefferson’s. The wines, the food. Only three people. No servants present.) In a democracy,…

Social Security’s Structure and Pending Trust Fund Depletion

By Emily Eisenlohr | July 14, 2024

Essential Things to Know About the Social Security Program 1) Its official name is the Federal Old-Age and Survivors Insurance and Federal Disability Insurance program. Drop the “Federal” and you can see where the acronym often used comes from: OASDI. It operates under Congressional legislation that dates back to 1935. OASI is the acronym for…

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