ELDERUPDATES.COM, NO. 192

WOMEN WEAR BLACK TO GOLDEN GLOBES; KIDS & PHONES, ELDERS & OPIOIDS; FIRE & FLOOD; DEPORTING 200,000 SALVADORANS; STEVE BANNON GONE; MORE…

ELDERUPDATES.COM, No. 192

JANUARY 9, 2018

 

WOMEN wear black to protest sexual harassment and abuse; $15 M legal fund created to protect blue-collar women.  Oprah Winfrey gives captivating speech leading to calls for her to run for President.

13 die in Mendocino mud and floods after rains, temperature reaches 116 degrees in Australia and eastern U.S. in deep freeze.  Natural disasters cost a record $300 B in 2017.  (Decedents ignored voluntary evacuation warnings, trusting their own feelings over the informed advice of experts.  Disregard of expert opinion widespread in today’s world; see Brexit and above.)

FLU kills 33 in Los Angeles County this year.  (Unanswered question: how many got the flu vaccine?)

SAN Diego adding public toilets to address outbreak of hepatitis A, which has so far killed 16 and infected 400.

PRESIDENT Trump declares has begun sending childhood arrivals back to El Salvador.  91% of these are employed and estimated cost to economy is $500 B.  Federal judge issues temporary injunction against further Administration action.

MEANWHILE, farms facing increasing difficulties finding workers even as wages rise and more farm workers come from Central America.  Estimates of number of U.S. residents willing to do farm work proven overly optimistic.

OBAMACARE costs to increase after President Trump cuts subsidies; premiums are raised and increased premium assistance will cost Feds $20 B a year over next decade.

PRESIDENT Trump may be interviewed by Special Counsel Bob Mueller as early as the next few weeks.  Terms being negotiated.

PRESIDENT Trump informs nation he is “stable.. and a .. genius”.

STEVE Bannon, first of Breitbart, then in the White House, now out in the cold after forced resignation from Breitbart subsequent to his critical comments of Trump family in new book Fire and Fury.

OPIOID epidemic hitting elderly harder than others and especially deadly when combined with anti-anxiety or antidepressant medications.

TAX law gives 20% income reduction to self-employed and S-Corporations, coincidentally including last minute inclusion of real estate investors such as President Trump.  Tax plan to cause $1.5 T(rillion) deficit over next 10 years, which supporters claim will be overcome by increased growth.  (Real increased growth might have been more likely if earned income tax deduction for low earners increased, as low earners tend to spend, not save.)

REPUBLICANS eying voucher system for Medicare that will gradually reduce value of benefits by increasing value of voucher less than increase in costs.  (Reductions in benefits are necessary to fund the $1.5 T deficit in the tax bill.)

FDA fast tracking Alzheimer’s drugs while U.S. to increase enforcement of anti-marijuana laws.

AVERAGE kid uses their phone 5 hours a day.  Over a week that is almost the equivalent of a full time job.

LOS Angeles Unified School District chief resigns due to cancer.  The district cannot seem to keep a leader more than 2 years at a stretch.

LIKE L.A. Unified, state colleges are jacking up graduation rates by lowering standards.  Remedial courses being canceled so unprepared students can struggle through regular courses instead of being brought up to speed in effort to increase speed of graduation.

IRAN in uproar over (lack of) economic growth; demonstrators pouring into streets, President Trump injects himself into the fracas with critical tweets; giving Iranian conservatives chance to associate demonstrators with hated U.S.

U.K. growth expected to decline to 1.1% in 2018 as Brexit bites.  (Special note for this late edition:  Job listings in the U.K. financial sector are down 52% since Brexit passed.)

CHINA and Russia gaining more leverage in oil-rich Venezuela as U.S. “tightens screws” for debt repayment.  U.S. generally withdrawing from leadership role in world affairs as President Trump favors bi-lateral trade agreements.  China and Russia seizing opportunity to step into the breach.

U.S. defeats ISIS caliphate in Syria, but ISIS regrouping in Africa.

AMAZON garners 89% of internet business over holiday season.

DOW Jones up 28% in 2017 as FANG (Facebook, Amazon, Netflix and Google), stocks surge.  S & P 500 up 21.8%.

NORTH and South Korea reach agreement for North to field full Olympic team in upcoming games in S. Korea.

KIM Jung Un brags he has a nuclear button on his desk, President Trump replies he has an even bigger button.

PRESIDENT Trump rolling back regulations on offshore and public lands oil drilling.

50% of those in Puerto Rico don’t have electricity, partly because the system was not maintained prior to Hurricane Maria.  Puerto Ricans moving to mainland where their votes could swing elections.

(Another late addition: client’s son who work at Amgen informs your blogger of forthcoming shortage of saline bags, also made in Puerto Rico.)

1,000 cars set on fire in annual protests in France’s poverty stricken and immigrant dominated suburbs.

 

The times are so newsworthy it has become impossible, due to limitations of space, time, energy and ability to cite all matters worthy of mention.  I apologize in advance for any oversights, grammatical or other errors.  According to some readers, I make more than my share of them.

Note: Comments in parentheses are your blogger’s opinions.  Citations generally refer to material before the citation.  Comments after a citation are generally my own.  Citations are not necessarily the only news sites your blogger has seen reporting on a story or issue.

I focus my practice on probate, estate planning and conservatorships, with some mediation.  You can reach me through the website at BrianSheppardLaw.com or at BSheppardLaw@gmail.com.

 

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BRIAN J. SHEPPARD

Attorney At Law

18075 Ventura Blvd., Suite 109

Encino, CA  91316

Phone: (818) 342-5799

Fax: (818 342-2470

E-mail: BSheppardLaw@gmail.com

website: BrianSheppardLaw.com

blog: Elderupdates.com

Also on Avvo.com, LinkedIn, Martindale.com, and Facebook

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