In recent months, the financial press has expressed growing fear of an economy-wrecking crisis in commercial real estate. The specific concern is that as the trillions in mortgages on America’s non-residential buildings come up for renewal over the next few…
Massachusetts voters overwhelmingly elect Democrats, but the party had a rude awakening when one of it pet projects — turning the suburbs into mere extensions of cities — was recently rejected. Twice. In the western suburb of Newton, a city…
This month, The Hill reports, Joe Biden will travel to East Palestine, Ohio, site of a train derailment that spilled toxic chemicals into the community and forcing evacuations. Biden’s visit comes “roughly one year” after the February 3, 2023 incident. As…
MAD or “mutually-assured destruction” is truly mad. The idea that a nuclear strike by one nation must result in worldwide Armageddon is insane. This theory of the Cold War, which cost untold billions in expenditures on weapons that have never…
In recent years, drug prices have risen faster than inflation. Politicians are blaming this on businesses known as pharmacy benefit managers (PBMs) and, not surprisingly, are moving against PBMs with legislation. Yet the legislation will only make drug prices rise…