Money and Computing
Michael Bloomberg's Annual Philanthropy Letter, 2019; Reconsiders Running For President in 2020
One of our board members, Walter Isaacson, recently published a biography of Leonardo da Vinci. A half a millennium ago, da Vinci wrote: “I have been impressed with the urgency of doing. Knowing is not enough; we must apply. Being willing is not enough; we must do.” Da Vinci was an artist, engineer, mathematician, inventor, scientist, musician, architect, writer – a Renaissance man, sure. But a doer. My kind of guy. We can’t all have da Vinci’s genius. But we can all learn from his drive and the emphasis he placed on action. That’s a big reason why I first ran for mayor in 2001: I was tired of seeing paralysis where progress was possible, especially on public education... “I always believe that tomorrow will be better than today. But I’m also a realist, and I know that believing and hoping won’t make it so. Doing is what matters.” more »
Kaiser Family Foundation: 300+ FAQs Help Consumers Understand the ACA Marketplaces as Open Enrollment Begins and Closes a Month and Half Later
Editor's Note: Although our former company funds part of our health expenses as retirees, not all is covered nor funded. Therefore, we too, have to explore parts of our plan for explanations, changes, lowering costs and other aspects. Open enrollment for the Federal and most state marketplaces begins Friday, Nov. 1, 2019 and ends on Sunday, Dec. 15, 2019. Organizations assisting consumers are encouraged to link to the Kaiser Family Foundation's FAQ web page.Designed to help consumers and the navigators, brokers and others who assist them, the FAQs cover a wide range of topics including eligibility for subsidies, requirements for health coverage and information about health plans offered through state ACA marketplaces. more »
Justice Ruth Bader Ginsburg's "brilliance, grace, humor, tact, and unyielding resolve that saw her shatter barriers in the legal world”
Despite graduating at the top of her law school class, Ginsburg struggled to find a job. Title VII had not been enacted, anti-discrimination measures were not yet part of employment law, and firms were reticent to hire women. In law school, she routinely saw sign-up sheets for job interviews that explicitly said “Men only.” “Very few firms were willing to take a chance on a woman and no firm was ready to engage a mother,” said Ginsburg, who landed a judicial clerkship only through the diligent efforts of a professor-mentor. When she joined Rutgers’ law faculty in 1963, the Equal Pay Act had just been passed — but was widely ignored. When notified of her paltry salary, Ginsburg asked how much a man with similar experience was paid. more »
US Economic Outlook and Monetary Policy by Federal Reserve Vice Chair Richard H. Clarida
The unemployment rate, at 3.5 percent, is at a half-century low, and wages are rising broadly in line with productivity growth and underlying inflation. There is no evidence to date that a strong labor market is putting excessive cost-push pressure on price inflation. But despite this favorable baseline outlook, the U.S. economy confronts some evident risks in this the 11th year of economic expansion. Business fixed investment has slowed notably since last year, exports are contracting on a year-over-year basis, and indicators of manufacturing activity are weakening. Global growth estimates continue to be marked down, and global disinflationary pressures cloud the outlook for U.S. inflation. more »