ELDERUPDATES.COM, NO. 174

23 MILLION TO LOSE INSURANCE UNDER REVISED REPEAL; 2ND IMMIGRATION RULE REJECTED ON APPEAL; PRESIDENT TRUMP OVERSEAS; SPECIAL COUNSEL APPOINTED IN TRUMP CAMPAIGN-RUSSIA;  BOMBING IN ENGLAND;  DEBT & HOUSING PRICES BOTH UP; MORE… ELDERUPDATES.COM, NOI. 174 MAY 25, 2017 MEMORIAL Day is acknowledged this weekend.  Rather than just a weekend of sales and hanging out, let us all take a moment to think of our citizens – and non-citizen members of our armed forces – who served and continue to serve.  Alternatively, try saying it in German. PRESIDENT Trump’s week in review: PRESIDENT Trump’s Budget proposal: Maintain social security and Medicare benefits; Cutbacks to Medicaid (Medi-Cal), in amount of $665B (+ former proposed cutback of $838B = $1.49 T); Cutbacks in other anti-poverty program and/or transfer of administration and rules to the states, with California losing $700 M/yr); Reducing funding for Children’s Health Insurance Program and increasing states’ share of cost 25%; $9.2 B reduction in education-related spending; Increased defense spending by almost same amount as social spending is cut; Fails to account for tax cuts as lost federal revenue; And much more. (Los Angeles Times, New York Times, California Budget Bites, etc.) The budget proposal, combined with Trump’s earlier tax proposal, shift assets and income to the wealthy through tax reductions, while poorer folks will suffer reductions in medical, food and other support services. Meanwhile, homeless youth remain at high risk of being trafficked (New York Times, April 17, 2017).  Presidential Budget Director Mick Mulvaney states we need to have compassion for those on government benefits, but must also have compassion for the taxpayers and the budget proposal...

ELDERUPDATES.COM, NO. 173

FORMER FBI DIRECTOR MUELLER APPOINTED SPECIAL PROSECUTOR; TRUMP HAS BACK TO BACK TO BACK BAD DAYS BUT AT LEAST WAIVES SALARY; BEST INVESTOR IN WORLD CRITICIZES HOUSE OBAMACARE REPEAL – REVISED BILL REDUCES BENEFITS FOR SPECIAL NEEDS CHILDREN; RANSOMWARE AGAIN?; EPA REARRANGING SCIENTIFIC COMMITTEE; MORE… ELDERUPDATES.COM, NO. 173 MAY 18, 2017 PRESIDENT Trump’s week in review: ON May 17th Robert Mueller, former Director of the FBI prior to Comey, was appointed Special Prosecutor.  To quote the New York Times: “WASHINGTON — The Justice Department has appointed Robert S. Mueller III, the former F.B.I. director, to serve as a special counsel to oversee its investigation into Russian meddling in the election, Deputy Attorney General Rod J. Rosenstein announced on Wednesday. The appointment of Mr. Mueller dramatically raises the stakes for President Trump in the multiple investigations into his campaign’s ties to the Russians. It follows a swiftly moving series of developments that have roiled Washington, including Mr. Trump’s abrupt dismissal of the F.B.I. director, James B. Comey, and the disclosure that the president urged Mr. Comey to drop the bureau’s investigation into his former national security adviser, Michael T. Flynn. “I determined that it is in the public interest for me to exercise my authorities and appoint a special counsel to assume responsibility for this matter,” Mr. Rosenstein said in a statement. “My decision is not a finding that crimes have been committed or that any prosecution is warranted. I have made no such determination.” While a special counsel would remain ultimately answerable to Mr. Rosenstein — and by extension, the president — he would have greater autonomy to run an investigation than a United...

ELDERUPDATES.COM, NO. 172

TERMINATION OF FBI DIRECTOR; IMMIGRANTS MORE ENTREPRENEURIAL; OBAMACARE REPEAL PASSES HOUSE; MEASLES SPREADING; OBAMA ON LECTURE CIRCUIT; CLIMATE CHANGE ROARS ON; MICHAEL FOX DEFINES COURAGE; MORE… ELDERUPDATES.COM, NO. 172   MAY 11, 2017 PRESIDENT Trump’s week in review: TERMINATION of FBI Director Comey surprises many.  Trump cited handling of Clinton email matters in termination letter, although this information was public knowledge earlier when Trump was effusive in his praise for Comey.  Some believe Trump is concerned about Russian-Trump campaign contacts; Democrats calling for special prosecutor to supervise that investigation.  On Thursday Acting Director of FBI stated Comey had strong support among the FBI rank and file.  (Various.) PRODUCTIVE immigrants without criminal records being deported by Trump Administration.  60 Minutes showed deportation of restaurant owner employing 20 people, who was married with 3 children (all citizens). 1/3 of all new businesses started by immigrants in 2016.  Immigrants twice as likely to start a business as native born Americans.  (NBR, May 3, 2017.) $1.1 Trillion budget deal reached without including funds for border wall; President Trump states we need a “good shutdown” but signs bill anyway. HOUSE passes Obamacare Repeal that will place those with pre-existing conditions in high-risk pools if accepted by Senate.  Subsidies for the high-risk pools to be funded for 5 years, but then (apparently), subsidies will be reduced, those with illness will find coverage unaffordable, and pre-existing illness will become synonymous with “no insurance”. PRESIDENT Trump tweeted “healthcare plan is on its way.  Will have much lower premiums & deductibles while at the same time taking care of pre-existing conditions!”  (Quoted from New York Times, April 30,...

ELDERUPDATES.COM, NO. 171

TRUMP RIDING HIGH WITH TRUMP VOTERS; TRUMP ATTACKS SUCCESSFUL COMPROMISE BUDGET COMPROMISE — CALLS FOR GOVERNMENT SHUTDOWN; 3RD ATTEMPT AT OBAMACARE REPEAL UNLIKELY TO SUCCEED; TRUMP’S MAJOR VICTORY TO DATE – RUINING THE ENVIRONMENT; TAX CUTS LEAD TO GROWTH OR IS IT THE WHISKEY TALKIN’(?); NORTH KOREA ALWAYS ON MY MIND; SENIORS IN THE GIG ECONOMY; MORE…   ELDERUPDATES.COM, NO. 171 MAY 4, 2017 PRESIDENT Trump’s week in review: 85% of Trump voters approve of his performance in office (Various.) 5 month $1.1 T spending bill, including “$1.5 B” for Mexican wall related technology, passed by Congress.  (NBR, May 1, 2017.) PRESIDENT Trump lashes out at the agreement, saying the U.S. “needs a good shutdown’ in September.  (Bloomberg Television News, May 2, 2017, Los Angeles Times, May 3, 2017.)  We do?  Why? Is calling for a “good shutdown” consistent with the oath to support the constitution of the United States, which some believe it is his job to continue running?  In the last blog it was noted our allies look to us for stability, strength and leadership.  A shutdown sends the opposite message. PRESIDENT Trump is also calling for something like a rejuvenation of Glass-Steagall, which prevented banks from merging their retail operations with their investment operations. OBAMACARE taxes are here to stay for the foreseeable future as Republicans can’t agree and Democrats don’t want to help them.  (Kiplinger Tax Letter, April 21, 2017.) However, if Republicans can agree among themselves, Obamacare will be repealed in the House, the Senate less likely to do so. AMA (and AARP), oppose the modified health care bill.  The AMA’s CEO stated while...