Category Archives: Finance

Interview with Ed Thorp – the investor who spotted Madoff’s scam has some new worries

This is, my apologies, a long interview (1.5 hours) but you may find it interesting. Click here if interested.

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Companies doing or not doing business in Russia

Thanks to Jim S. Professor Jeffry Sonnenfeld (Yale University) has developed a list of companies who did, or continue to do business in Russia.  The list is divided into five categories, ranging from “Withdrawal” a clean break with  to “Digging … Continue reading

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Secure shopping advice

Gordon G. has sent along this link to help us shop safely on-line: Click Here to watch.

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Infrastructure Bill from AARP WA

Thanks to Rick B.

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Why Aren’t More People Comparison Shopping for Health Plans?

Most Medicare beneficiaries don’t compare plans during open enrollment season, and may be paying more, or accepting more restrictions, than they should. Ed note: Medicare insurance choice is impossibly confusing. If you need help, please contact https://www.shiphelp.org/ — the State … Continue reading

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Transforming Age’s Bond Rating Analysis (stable at BB) from Fitch

Ed note: The following is published on Transforming Age’s web site. Read in detail if you’re interested in the formation and growth of of TA, Inc.; the transfer of funds from the Obligated Group to TA, Inc.; and the stability … Continue reading

Posted in CCRC Info, Finance | 1 Comment

How an Unproven Alzheimer’s Drug Got Approved

Though some of its own senior officials said there was little evidence of benefit for patients, the F.D.A. nonetheless greenlighted Biogen’s Aduhelm, or aducanumab. By Pam Belluck, Sheila Kaplan and Rebecca Robbins Updated July 20, 2021, 9:29 a.m. in the New York Times Ed note: The … Continue reading

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Three F.D.A. Advisers Resign Over Agency’s Approval of Alzheimer’s Drug

Ed Note: Would you want to take a drug which didn’t receive even one “yes” vote from the expert FDA Advisory Panel? One study showed no benefit, the second study showed marginal benefit. The side effects are significant. This drug … Continue reading

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We Ran the Treasury Department. This Is How to Fix Tax Evasion.

By Timothy F. Geithner, Jacob J. Lew, Henry M. Paulson Jr., Robert E. Rubin and Lawrence H. Summers in the NYT The authors are former U.S. Treasury secretaries. Mr. Geithner and Mr. Lew served under President Barack Obama, Mr. Paulson under President George W. Bush, and … Continue reading

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What can Bernie Madoff’s Ponzi scheme teach us?

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Possible sister community to Parkshore in Kirkland

Ed note: The memo below from Parkshore’s ED was forwarded to me by a friend. Now a public document, it received considerable discussion at Skyline’s meeting yesterday which left many unanswered questions. I think the hope is that our parent … Continue reading

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Please tax my capital-gains profits: Washington’s crises demand it

By Nick Hanauer – Special to The Seattle Times If you’re expecting yet another dire warning characterizing the wealth tax on capital gains making its way through Washington’s Legislature as a job killing, big government assault on freedom, you’re reading the … Continue reading

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2020 Was the Year Reaganism Died

by Paul Krugman in the NYT Maybe it was the visuals that did it. It’s hard to know what aspects of reality make it into Donald Trump’s ever-shrinking bubble — and I’m happy to say that after Jan. 20 we … Continue reading

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Trickle down fallacy: debts, deficits and wealth distribution

From Heather Cox Richardson’s Blog One story jumped out at me today. The Hill reported that as soon as a Democrat is back in the White House, Republicans intend to retrench and be careful about how the country spends money, … Continue reading

Posted in Finance, Politics | 1 Comment

Estate planning – this Wednesday

Thanks to Barb W. ———- Forwarded message ———From: People’s Memorial <director@peoplesmemorial.org> Sponsored by King County Library System     Estate Planning with Aging Parents   How will you manage family finances and assets when your parents are unable?     … Continue reading

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Why Biden Will Need to Spend Big

by Paul Krugman in the NYT What should Joe Biden’s economic policy be if he wins (and Democrats take the Senate, so that he can actually pass legislation)? I’m pretty sure I know what his economists think he should do, … Continue reading

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Coronavirus Donation Scams

Two residents have reported receiving phone calls inquiring about Coronavirus donations. Here are two links with information on scams associated with the current outbreak. From the Federal Trade Commission: https://www.consumer.ftc.gov/blog/2020/02/coronavirus-scammers-follow-headlines From MSN.com: https://www.msn.com/en-us/money/companies/coronavirus-6-scams-to-watch-out-for/ar-BB10UF96

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These are the 25 most intriguing commercial projects around Seattle – Redmond to Renton

By Marc Stiles  – Staff Writer, Puget Sound Business JournalJul 11, 2019, 10:00am EDT Ed note: Click here to access the side show of 25 important construction projects in the aear Vulcan Real Estate is moving aggressively ahead with two huge mixed-use office … Continue reading

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Hedge Fund Legend Ray Dalio On The Economy

Ed note: Ray Dalio talks about the wealth and opportunity gap that he considers a major problem in our country. He compares the rise of populism to the 1930’s. Conflict is predicted unless conditions improve. From Wikipedia: Raymond Dalio (born August … Continue reading

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Biggest World Problems

Here’s a list made up by my favorite 8th grader. What’s your list? It’s a little shy on the “what can I do to help” but she’s still got time – especially when she becomes President!

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Inflation and the tooth fairy

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The Incredible Shrinking Trump Boom

By Paul Krugman from the NYT: “So far, Donald Trump has passed only one significant piece of legislation: the 2017 tax cut. It was, to be fair, a pretty big deal: corporations, the principal beneficiaries, have already saved more than … Continue reading

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Why mathematics can’t solve your cable bill

From Aeon: “This tongue-in-cheek animation from the US YouTuber Henry Reich – the mind behind MinutePhysics – is a creative exercise in how not to lose your cool when faced with the abyss of illogic. Recalling the mundane, mindnumbing tribulations of trying … Continue reading

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Key Points for Legislators concerning SHB1296

Below is a summary of key points from WACCRA leadership to help refute the obfuscating opposition to the CCRC legislation in process in the State Senate. 1296 has already passed the house and is opposed by Leading Age even though … Continue reading

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Perhaps better than your broker

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