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Category Archives: Finance and economics

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More Obama lies during the Iran deal

The New Neo Posted on June 6, 2018 by neoJune 6, 2018

Obama really, really, really wanted that deal, and he was more than willing to lie to Congress to further it: The Obama administration secretly sought to give Iran access ”” albeit briefly ”” to the U.S. financial system by sidestepping … Continue reading →

Posted in Finance and economics, Iran, Obama | 10 Replies

What about those tariffs?

The New Neo Posted on June 5, 2018 by neoJune 5, 2018

I don’t really have a knowledgeable point of view on what Trump’s tariffs are likely to actually do. Not my strong suit. But I pass along this evaluation that seems equally devoid of Trump-shilling and anti-Trump hysteria: “The impact of … Continue reading →

Posted in Finance and economics, Trump | 8 Replies

Fleeing San Francisco

The New Neo Posted on June 4, 2018 by neoJune 4, 2018

They seem to take yearly polls on the question, and the last few years the numbers wanting to leave San Francisco have gone up, up, up: A poll released Sunday by a local advocacy group showed that 46 percent of … Continue reading →

Posted in Finance and economics | 26 Replies

New college admission standards recommendation to further diversity at the high school level

The New Neo Posted on June 2, 2018 by neoJune 2, 2018

Educators and people who set education policy are constantly tweaking college admissions standards in order to reach the holy grail of enough diversity, or the right kind of diversity. Here’s an article appearing in The Atlantic which offers a new … Continue reading →

Posted in Academia, Finance and economics, Race and racism | 13 Replies

Are malls dying?

The New Neo Posted on May 31, 2018 by neoMay 31, 2018

I think they are. The biggest one in my neck of the woods opened around 1980. I remember how exciting it was to have a spiffy new mall within just a few minutes of my house. Now that mall is … Continue reading →

Posted in Finance and economics, Me, myself, and I | 16 Replies

House votes to roll back portions of Dodd-Frank

The New Neo Posted on May 23, 2018 by neoMay 23, 2018

The bill passed with bipartisan support, 258-159. The beneficiaries will be smaller banks that claim to have been unduly hampered by the bill: The bill stops far short of unwinding the toughened regulatory regime put in place to prevent the … Continue reading →

Posted in Finance and economics, Politics | 10 Replies

The “whistleblower” on Michael Cohen’s finances

The New Neo Posted on May 18, 2018 by neoMay 18, 2018

The war on Michael Cohen continues with the disclosure of some of his financial records: Michael Avenatti, Stormy Daniels’s attorney, published a memo last week that he said detailed Michael Cohen’s financial transactions… But questions arose about how Avenatti had … Continue reading →

Posted in Finance and economics, Law | 6 Replies

The economy, stupid

The New Neo Posted on May 8, 2018 by neoMay 9, 2018

Commenter and forecaster extraordinaire “Cornhead” (aka attorney David Begley) writes about a question-and-answer session with Warren Buffett that he attended: In response to another question Buffett said that while he spent his own money backing Hillary Clinton, it would have … Continue reading →

Posted in Finance and economics, People of interest, Trump | 21 Replies

The cost of Canadian health care

The New Neo Posted on May 7, 2018 by neoMay 7, 2018

The true costs are mostly hidden: Let’s start with how much Canadians actually pay. The OECD arrives at its figures by the hopelessly simplistic method of dividing a nation’s total health care expenditure by its population. Thus, Canadians pay about … Continue reading →

Posted in Finance and economics, Health, Health care reform | 30 Replies

Millennials discover mid-level cities

The New Neo Posted on May 5, 2018 by neoMay 5, 2018

It doesn’t surprise me. I never wanted to live in New York, although I grew up there and most of the people I knew wanted to stay there the rest of their lives—and have done so. Not me. I always … Continue reading →

Posted in Finance and economics, Getting philosophical: life, love, the universe, Me, myself, and I | 18 Replies

Me and TurboTax, TurboTax and me

The New Neo Posted on April 14, 2018 by neoApril 14, 2018

Every year around this time I’m busy with my taxes. I like to joke that I may just be the person in the US with the highest ratio of tax complexity to income, because although I don’t make much money … Continue reading →

Posted in Finance and economics, Me, myself, and I | 41 Replies

On blacks, whites, income, and families

The New Neo Posted on March 31, 2018 by neoMarch 31, 2018

Recently there was a lot of talk about a study comparing the incomes in adulthood of black men and women to their white counterparts who grew up in similar economic circumstances. Here were the basic findings: …[B]lack boys are much … Continue reading →

Posted in Finance and economics, Men and women; marriage and divorce and sex, Uncategorized | 23 Replies

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