Money & Economics

Blasphemers I know …



ACA Insurance

I have to laugh looking at the sources...Fear, fear, fear...that's all they know how to push...Fear...they will have us hoarding toilet paper again, now we know why, all the crap they like to feed us...
 
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Blasphemers I know …

It's pretty obvious for anybody with brains that whatever is causing the rates to rise was baked into the system before Trump took office. Him shooting his mouth off too much makes for an easy target of TDSers. Every new home and business solar installation means fewer ratepayers paying for the cost of the distribution infrastructure, which cannot be scaled back. Every commercial solar and windmill installation and big data center puts more strain on the creaky infrastructure. I don't think Trump can bring the rates down much because the distribution now costs more than the generation. In my January bill, the power itself was a bit under half the total.
I'm saying this as one of the leeches with home solar, getting a free ride most of the year.

ACA Insurance
With what's happened to my home insurance I'm numb and don't see a 15% increase as a crisis. What I'm really wondering about is the Medicare Part D premiums for 2026. The part D premiums were set to skyrocket in 2025, but the dems didn't want to let that happen, so they set the 2025 part D "direct subsidy", paid to the insurance companies, at $142.67 PER MONTH, per member. That's what's behind all of the $0 premium part D plans this year. Will they keep the subsidy that high for 2026? It's only a worst case of $1,172 per person per year if the subsidy was eliminated completely. Where the heck does all this subsidy money come from, anyway?
 
Got a Newsletter from the Muni Bond company I inherited from my Dad.

The headline:

Record Muni Supply Leads to Juicy Yields

The article reads Municipal Bonds normally follow Treasuries but that has changed.
Muni Bond's issuance in June this year was 17% higher than last year.


I have noticed an increase in yields this year, I get bi-monthly offerings. All the Muni Bonds I have are tax free. I have seen rate comparisons for other investments that are taxed which is estimated 30-40% higher (tax rate) in comparable yields...

So ex. 5% yield on Muni Bond would compare to 8% yield on other taxed investments. Of course this is all dependent on one's tax bracket.
 
It is being reported that millions of Americans that are on existing health insurance plans will be hit with “double-digit rate hikes” next year…
Sure this will hurt, but it's caused by government political games and blundering, not the economy.

Who knows... could be lots of desperados on the horizon. Dig in.

I still check housing prices in our old neighborhood/area

me too
 
It's pretty obvious for anybody with brains that whatever is causing the rates to rise was baked into the system before Trump took office. Him shooting his mouth off too much makes for an easy target of TDSers. Every new home and business solar installation means fewer ratepayers paying for the cost of the distribution infrastructure, which cannot be scaled back. Every commercial solar and windmill installation and big data center puts more strain on the creaky infrastructure. I don't think Trump can bring the rates down much because the distribution now costs more than the generation. In my January bill, the power itself was a bit under half the total.
I'm saying this as one of the leeches with home solar, getting a free ride most of the year.


With what's happened to my home insurance I'm numb and don't see a 15% increase as a crisis. What I'm really wondering about is the Medicare Part D premiums for 2026. The part D premiums were set to skyrocket in 2025, but the dems didn't want to let that happen, so they set the 2025 part D "direct subsidy", paid to the insurance companies, at $142.67 PER MONTH, per member. That's what's behind all of the $0 premium part D plans this year. Will they keep the subsidy that high for 2026? It's only a worst case of $1,172 per person per year if the subsidy was eliminated completely. Where the heck does all this subsidy money come from, anyway?

Note I’m not saying Trump is responsible for all of the inflation, (that’s not being reported) , I’m merely saying if he stands up and shoots his mouth off to those who have only 2-3 brain cells and believe him -and says everything’s great, he’s lying.
And he does it a LOT

I quit paying my cult dues 2-3 months ago
 
Lots to sort through in this, but at first glance it makes me pucker.