Independent thinking for complex markets and current events
Authored by Charles Hugh-Smith via oftwominds, Let’s pull all this into an undeniable conclusion: AI is based on massively subsidizing users’ costs. What’s already abundantly clear but verboten to say as it would pop the bubble of AI valuations and triumphalism is that AI is unaffordable once the direct and indirect subsidies are withdrawn. Nothing that …
Healthcare, college tuition, and childcare prices exploded with heavy government involvement. TVs, smartphones, and clothing prices collapsed through market competition. Subsidies create donor lobbies that push costs higher. Neglected sectors face real competition and innovation pressure. Pattern holds across decades of data on price changes. Everything government subsidizes gets expensive, from medical to college to …
President Donald Trump has said he “might” veto a bill that passed through the House on Thursday that would extend Affordable Care Act (ACA) subsidies. Speaking to reporters on board Air Force One on Sunday en route to Joint Base Andrews, Maryland, the president was asked if he would veto the bill if it passed …
A tight vote, but they just handed Americans a new way to beat high premiums. BREAKING 🅱️ US House ADVANCES GOP healthcare bill that lets people buy insurance in groups to save money on premiums, WITHOUT Democrats' ACA subsidies extension for Big, Rich Insurance. Allows Americans to band together in groups for cheaper insurance premiums, …
Where will they get the $70 billion to line their pockets with? pic.twitter.com/9SX51vBKNH — The Questionable Gardner (@T_Q_Gardner) December 17, 2025 The House advanced a GOP health care bill Wednesday, even as moderate Republicans signed a Democratic discharge petition to extend the Affordable Care Act subsidies in an act of defiance against leadership. The vote …
House Republican leaders presented no firm plan Tuesday for advancing health care legislation as anxiety rises in the GOP ranks over the impending expiration of key Obamacare subsidies at the end of the year. Instead, Speaker Mike Johnson presented attendees of a closed-door conference meeting with list of 10 possible policies that could get votes in the …
$21 BILLION IN OBAMACARE SUBSIDIES CAN’T BE TRACED TO ACTUAL PEOPLE Government Accountability Office decided to see if anyone’s actually watching the store. So they made 20 completely fictitious applicants – no real people, no documentation, just testing if the system would notice. 18 of them are still actively covered. September 2025. Monthly payout: over …
Authored by Mike Shedlock via mishtalk, Trump rejected a one-year deal. Any guesses for how long now? Big I Told You So Well guess what. After refusing a one-year extension deal, Trump may agree to a multi-year extension. Please note Trump says it ‘may be necessary’ to extend Obamacare subsidies that fueled shutdown President Donald Trump …
So the government stayed closed this long just to schedule one subsidy vote. BREAKING: Senators have agreed on a plan to end the government shutdown, according to Politico. The Senate will advance the House’s stopgap measure and proceed with a funding bill that provides full-year funding for the VA, Agriculture, and military construction. Funding for… …
Authored by Mike Shedlock via mishtalk, Political pressure on the budget showdown will mount. ACA Plan Costs Expected to Jump The Wall Street Journal discusses ACA Costs and Subsidies Premiums for ACA plans are expected to increase steeply in most states next year, with many insurers hiking rates 20% or more, due largely to higher spending …
Independent view:You are correct in what you are saying but did the insurance companies not sell Obama on the ACA in the first place? Seemed like that was a sweetheart deal to insurance companies while the people lost good coverage.I don’t see the insurance companies going… — RKbarbourjr (@RKbarbourjr) October 6, 2025 Mark Kelly: "In …
This is absolutely disgusting. President Trump just shared a fake video claiming he has announced “a historic new healthcare system” that will restore sick Americans to full health. This comes as he prepares to let the enhanced ACA subsidies expire and is even willing to force a government shutdown to achieve it. The result would …
US Taxpayers subsidize Coca Cola $10 BILLION dollars every year Congress has been cleverly hiding the funding in the annual “Farm bill” “Congress subsidizes Coca Cola to the tune of about $10,000,000,000 of taxpayer money every single year — We have this scam, otherwise known as the farm bill, which really should be known as …
Another solution 🤷🏻get rid "traffic light" coalition government! It’s been all 🛑 lights 😏 for energy, competitiveness & innovation. — bob gonzales (@BobgonzaleBob) December 16, 2024
Trump Pledges To End Electric Car Subsidies And Promote The US Auto Industry Back To Worldwide Dominance Check Out Our Live Stream Here: https://t.co/d9KUv23ouI pic.twitter.com/Jzo3RXjene — Alex Jones (@RealAlexJones) November 13, 2024 Trump Pledges To Bring Back Production Of Critical Medicines Back To The United States Ending The Frequent Shortages Seen Under The Biden Administration. …
(Bloomberg) — China is taking its dispute with the US over electric-vehicle subsidies to the World Trade Organization, challenging elements of President Joe Biden’s signature climate law passed in 2022. The Inflation Reduction Act and associated rules are “discriminatory” and have “seriously distorted” the global EV supply chain, the Chinese Ministry of Commerce said in …
Electric vehicle subsidies are ending in Germany abruptly, the government announced Saturday, a blow for Tesla (TSLA), Volkswagen (VWAGY), BMW (BMWYY), Stellantis (STLA) and more. But Tesla stock was little changed Monday, off morning highs. German’s coalition government, facing a budget crisis, ended the “environmental bonus” program as of Sunday, not Dec. 31 as planned. …
President of German Farmers’ Association warns of nationwide protests if government doesn’t retract measures affecting farmers. Thousands protest in Berlin against plans to cancel subsidies and tax exemptions for farmers. They demand the government’s resignation. MORE – Thousands of farmers are protesting in Berlin.pic.twitter.com/Qp6dysI2Yv — Disclose.tv (@disclosetv) December 18, 2023 🇩🇪 THE GLOBAL WAR ON …
The recent ruling by the German constitutional court, declaring the government’s Climate Budget fund as illegal and unconstitutional, has delivered a sudden blow, tearing a significant 60-billion-euro hole in the budget virtually overnight. With an additional 200 billion euros at stake, intended for economic and societal stabilization amid escalating energy costs, the potential fallout casts …
NEW – True costs of fueling an electric vehicle, including excess charging costs and subsidies, is equal to $17.33 per gallon of gasoline, a new analysis found. https://t.co/SSSkctoMeO pic.twitter.com/B8fBGypSid — Disclose.tv (@disclosetv) October 26, 2023 EVs are a financial car wreck: Taxpayers subsidize EV charging at a rate equivalent to $17.33 per gallon of gasoline. …
via foxnews: The report — authored by the Department of Energy’s Energy Information Administration (EIA) and published in August — represents the first of its kind since 2018. The EIA analyzed data from 2016 through 2022, and determined that, during that time period, the federal government doled out $183.3 billion in direct and mainly indirect …
via fee.org: In April, the International Energy Agency released a report in which it predicted EV sales to increase 35 percent after a record-breaking year. But economists I spoke with said such predictions were overly optimistic considering current macroeconomic conditions. This invites important questions. Is the glut of EVs simply a product of tightened money …