Generational Theft: Some Deficits Hurt Young Workers the Most

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What do the national debt, Social Security, and many defined benefit pensions have in common? No one expects the citizens of one generation to pay their own way. In recent years, only part of current federal spending is covered by current tax collections – the rest is funded from borrowed money that future generations are […]

It’s Comparable, Comparable, Comparable

ghost house

Fannie Mae and Freddie Mac announced that they will be loosening the penalties they impose on mortgage originators. A deluge of mortgages defaulted during the great recession, resulting in the current regulations designed to help resist a repeat.  Much of the tougher rules govern percent of market value that can be mortgaged, income to debt […]

The Looming Retirement Income Debacle

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Many Americans are anxious as they contemplate retirement. While we might hope with optimism, reality paints a gloomy picture.  The average Social Security retirement benefit is $1,301 per month, basically the poverty level, and it is too small for a comfortable retirement. Relatively few Americans will retire with an employer pension, and some pension promises […]

GMOs — No Room for Imaginary Problems

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Agricultural production faces a steep challenge as the world population is expected to grow from 7 billion to 10 billion by 2050.  Many aspects of agriculture and consumer expectations will change in order for another 3 billion people to sit at the table. The agricultural retooling will take place while nations juggle environmental factors such […]

Stratospheric Drug Prices Are Curable

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Most of American’s activity is focused on work, education, entertainment, and social interactions. Some exercise intentionally to maintain their health and some get healthful exercise through their employment, but it’s unlikely that much of our attention is focused on health care.  One sixth of our economy is tied to health care, but we can remain […]

War Games on Banking Cyber Attacks

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The US and the UK announced that they will conduct a banking war games exercise right after the International Monetary Fund annual meeting that just concluded.  Banking regulators are seeking confirmation that they have implemented adequate safeguards to prevent another “too big to fail” dilemma.  Their resolve is fostered by the painful and costly bailouts […]

ACI in Real Clear Policy

Mobile communications and social networking concept

As wireless broadband grow continues to outpace the spectrum available, there are risks of congestion and poorer service.  The FCC, Congress and the President have pledged to get more spectrum online as soon as possible.  This article, written by Alan Daley discusses an easy source of Wi-Fi spectrum.

The Four Tribes of Privacy Thieves

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American consumers fall prey to privacy thieves with little available to protect them from these modern brigands. Distinguished by status and motivation, there are four tribes of cyber thieves – money-seeking criminals, hacktivist autocrats, aggressive nation states (notably Russia, Iran, the Koreas and China), and US government employees. Ordinary privacy criminals go where the money […]

Leadership Needed at DOJ

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The Department of Justice (DOJ) issued a search warrant to Microsoft requiring it to produce the emails of an alleged Irish drug dealer. The emails are stored in Ireland on a Microsoft server. Irish law generally prohibits release of a citizen’s private information without authorization by Ireland – which has not been forthcoming. Microsoft faces […]

ACA versus Miracle Healthcare Treatments

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If doctors and patients take advantage of the steady stream of miracle treatments that restore function or save lives, the tab will be hideous. Can Medicare, Medicaid and The Affordable Care Act (ACA) accommodate these costly treatments, or will government decide on some “sacrifices” to be made? Some organ transplants such as; heart ($658,000), lung, […]