Living

If you want to see an institution out of step with the world in 2022 then look to the British monarchy. It was created in the 10th century when Anglo Saxon England moved from an elective monarchy to a primogeniture system after England was conquered by the Normans in 1066.

That means that British citizens have accepted this family business over the centuries and they have done little to stop one family from accumulating massive wealth while strutting around like peacocks. The royal family has had some power to alter history over the years but in 2022 they do little but bolster some of their pet causes and promulgate a lifestyle of pomp and circumstance.

If you want some insight into the problems that current campaign finance laws create, the Vermont Democratic primary for the U.S. House may prove instructive. Windham County Senator Becca Balint and Lt. Governor Mollie Gray squared off in what proved to be a lopsided race. Balint handily defeated Gray. If Balint wins the general election she will be the first woman and first openly gay member of Vermont’s congressional delegation.

According to VT Digger, ” …LGBTQ Victory Fund, which spent just shy of $1 million on Balint’s behalf in the race, had recently benefited from a $1.1 million donation from Nishad Singh, a top executive at the cryptocurrency exchange FTX. The political action committee’s financial disclosures make clear that the lion’s share of the outside spending supporting Balint’s run came from Singh’s donation.”

The legislation just passed by the Senate, the Inflation Reduction Act, has been sold by Democrats as something that will save seniors a lot of money for prescription drugs. They are all puffed up about how the Medicare program will finally be able to negotiate drug prices with pharmaceutical manufacturers. It is too little too late and worse than putting lipstick on a pig.

Forty nine million Medicare beneficiaries have bought into the flawed Medicare D program that provides coverage for prescription drugs. The program was created to support the drug and insurance industries. Medicare is only a middleman because enrollees have to pay premiums to insurance companies just for the privilege of being able to buy drugs at outrageous prices.

If someone does not sign up for the program as they initially enroll in Medicare they are forced to pay a penalty. There are many other punitive aspects to the program but, for some people who take more than five or six medications daily, it may save them a little money.