Pant Suit vs. Pant Load, Part III

(Note: this week there will be no Sunday Cartoon Blogging, since Wrongo will be visiting MA and PA through Sunday, returning on Monday.)

Wrongo and long-time blog reader Terry engaged in a short email dialog on how to “fix” the US political system. We were concerned that there is no individual Congressperson accountability. A backbencher can follow an agenda that can imperil our nation (and a few have done just that) without consequence.

But in America, accountability is managed by election district. Your only alternative is to round up enough votes to replace poor representation. So, if you wanted to reform the impact that money has in our politics, or the way the filibuster works in the Senate, you have to reform Congress.

Yet, under our Constitution, only Congress can reform Congress. And today, there are three parties vying for control of it, and since they rarely are willing to work with each other, not much gets done. So you can completely forget about Reform.

And the parties have not been willing to deal with the not-so hidden desperation in America that shows up in statistics like increasing opioid addiction and suicide rates. The political class ignores how lethal the US economy is for the less fortunate: The New York Times reported this week that US death rates have risen for the first time in a decade.

The increase in death rates among less educated whites since 2001 is roughly the size of the AIDS epidemic. One reason is the use of opioids. And, despite Mr. Obama’s speech in Elkhart, IN where he said our economy is doing well, there has been a spike in suicides to levels higher than during the 2008 financial crisis.

The little people know that the economic policies followed by both parties have brought income inequality to Gilded Age levels. They know that all of the post-crisis income gains have accrued to the top 1%. Unlike in China which continues to grow, our economic expansion has brought with it high unemployment and underemployment, particularly among the young.

As a result, people feel powerless. In fact, a RAND survey in January found that 86.5% of GOP voters who strongly identified with the statement “people like me don’t have any say about what the government does” were Trump supporters.

And, since so much of politics is about corralling money into the bank accounts of our politicians, your Congresspersons have no intention of listening to you unless you have given at least $10,000 to their campaign fund, or are the CEO of a major employer in their district or state. In US politics, money=speech. But, there is little meaning to free speech without free access to influence the political process.

Many of us feel nihilistic about our politics and our government. So the Pant Load’s support seems a lot like a form of public political vandalism where The Donald is the can of spray paint.

Most people can see that a large portion of Americans are poorer with each new election cycle. After all, the reason Trump (and Sanders) are doing well is because many, many workers are seeing their job security, income security, and retirement security all go up in smoke. That’s no mystery, just the natural outcome when the government fails to represent the people in favor of the rich who fund their campaigns. It’s no wonder the Pant Load is easily corralling the frustrated.

But can the Pant Suit reverse the Democratic Party’s abandonment of the working class in America?

We know that she needs to focus on drawing more potential working class and young supporters, but so far, Democrats are content to run only in their municipal strongholds, following a strategy of stitching together interest groups, largely in states with big urban populations.

Energizing people around the fact of our corrupt political system is both a way to get higher turnout, and a way to elect members of Congress and state legislatures to fix the corrupt system. That is Bernie’s message, what he calls a “political revolution.” But Sanders is not the person to bring this about. Consider Sanders just the messenger.

Strategically, the Pant Suit needs to figure out how to get folks energized enough to vote for her and against Trump for reasons that don’t so paralyze them with fear that they stay home. If she is successful, it could be the start of re-establishing the New Deal coalition, and a re-installation of the principles of the civil rights movement.

That’s a huge job that will not be completed in one election cycle.

This threat is the GOP’s worst nightmare. They have worked for 40 years to eliminate these ideas, so expect the GOP to unanimously support the Pant Load:

COW Never Hillary

The Bernie Dems will rally behind Hillary for similar reasons.

Trump/Arpaio 2016: Because immigrants are the greatest threat to the nation.

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Will Take-Home Pay Grow?

One of the big questions that we must force Hillary Clinton and Donald Trump to address is: Where will growth in take-home income come from?

If we look at pay, despite recent improvements, real average hourly earnings have declined since the 1970s:

Real Hourly Earnings 2016

Source: Advisorperspectives.com

At the same time, the average hours per week have trended down from around 39 hours per week in the mid-1960s to a low of 33 hours at the end of the last recession. It is 33.7 hours today. After eight years of economic recovery, it is only up by 42 minutes.

So, take-home pay has stagnated (or worse) for the average American since the Nixon administration. People have coped by having both spouses work, by borrowing under a Bank of America heloc, and by refinancing mortgages when interest rates declined.

But, by 1995, spousal participation in the job market had peaked, at about 60%. Borrowing under home equity lines of credit peaked in 2005 at $364 billion. These loans that were used to pay for remodeling, education costs, or new Ford F-150s were less than half of that amount in 2015, at $150 billion.

After the Great Recession, The only remaining way to boost household cash was mortgage refinance. There were windows to refinance a mortgage in 2009, and again in 2013. The reason was that mortgage interest rates stayed very low. In fact, US 10 year treasuries were at a 60 year low in 2013 at 1.50%, and mortgage rates are tied to the treasury rate. Refinancing mortgages can happen to many people, this is where companies like Polar Mortgage come in to help homeowners out. Homeowners also have the ability to get financial help from the government through the use of federal credit union home loans in order to refinance their homes.

As an example, a 1.5% decline in a mortgage payment on a $250,000 house would save $3750 a year, or a little over $300 a month added to the pockets of the average hourly worker. Taking income tax into consideration, it would take an additional 17.5 hours of work at the $21.45 rate to equal that amount. But that’s not practical. It would require a 52% increase in hours, if you are working the national average number of hours, which isn’t going to happen.

So, if the Federal Reserve raises interest rates, as they seem set to do this month or next, mortgage refinance will no longer be helpful to the vast number of working people. CoreLogic tracks the interest rates on outstanding mortgages, collecting data from mortgage servicers. Their data track the volume of outstanding mortgages by interest rate level for both the number of mortgages, and the unpaid principal balance on those mortgages (UPB).

Their analysis says that few mortgages will be refinanced if rates go up: Most borrowers have mortgages with rates below 4.50%, with 62% of mortgages and 72% of UPB in this range. There are an additional 14% of borrowers and 13% of UPB with mortgage rates between 4.5 and 5.0%.

Since refinancing has costs (legal, title search and insurance, and points), a simple rule of thumb is to add 1% to the current mortgage rate to get a rate at which borrowers would have a financial incentive to refinance. The current Freddie Mac mortgage rate is 3.57%, so the point of indifference for a borrower would be ~4.5%. CoreLogic estimates that only about 28% of the UPB of America’s outstanding mortgage loans are worth refinancing today. And should the Fed live up to their plan, and increase rates by Âœ% in 2016, an additional 5.5 million borrowers will lose their incentive to refinance.

So, if mortgage rates rise in 2016 as predicted, refinancing won’t improve the financial situation for very many of us.

New Deal Democrat sees all of this and says:

So the bottom line is, we are already in a period…where real gains by average Americans won’t be available from financing gimmicks, but must come from real, actual wage growth. At the moment I see little economic or political impetus to make that happen, even though average Americans understand via their wallets the issue all too well.

We’ve killed our economy.

You’d think after 8 years where most US job growth was in part-time jobs, where hourly income is at the same level as in the Ford administration, where we have the most people ever in poverty, where student debt exceeds credit card debt and automobile debt, people would catch on.

Maybe, but not unless we demand real answers of Hillary Clinton and Donald Trump, and not let the candidates say the plan is to rearrange the deck chairs on the Titanic.

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Sunday Cartoon Blogging – May 29, 2016

Californians will be pleased to know that when Donald Trump becomes president, he can stop their drought overnight. California just went through the driest four-year period on record.

But Trump isn’t sold. He told supporters in Fresno, CA that the dry spell is bogus. Trump said the state was denying water to Central Valley farmers to prioritize the Delta smelt, a native California fish nearing extinction — or as Trump called it: “a certain kind of three-inch fish.” He told the crowd:

We’re going to solve your water problem. You have a water problem that is so insane. It is so ridiculous where they’re taking the water and shoving it out to sea…

At least we know where Trump stands on the issue:

If I win, believe me, we’re going to start opening up the water so that you can have your farmers survive.

Never mind that this is a state, not a federal issue, because Trump will win on the environment too.

In other news, Hill’s email problem gives her a few hurdles:

COW Hillarys Hurdles

So far, we’ve heard what we already knew, she broke a rule that others had broken before her. Of course, to Republicans, breaking an agency rule is proof she’s broken the law. Maybe, but rules ain’t the same as the law. She needs to put this behind her, or face death by a thousand cuts.

We got our first look at Hill’s emails:

COW Hills Emoticon

Bill & Hill feel the Bern in CA:

COW kids in car

Trump and Bernie wanted to debate. You know who the target was:

COW Trump Bernie

Apparently, we have no antibiotic for the Superbug:

COW Superbug

 

 

 

 

 

 

 

 

 

 

 

The GOP plans to make the transgender toilet rule a centerpiece in the campaign:

COW Toilet

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The Pant Suit vs The Pant Load© Part II – Funding Infrastructure

Here is an issue on which the presidential candidates of the two parties seem to agree: Funding infrastructure, or at least, funding roads.

Over the past 50 years, US investment in transportation infrastructure as a share of GDP has shrunk by half. China is outspending us four to one and Europe two to one on transportation infrastructure. We have over 100,000 bridges in this country old enough to qualify for Medicare.

The Economist reported that the American Society of Civil Engineers (ASCE) thinks that additional spending of $1.6 trillion is needed by 2020 to bring the quality of the country’s infrastructure up from “poor” to “good”. The Economist indicated that over the past decade, America’s roads have fallen from seventh to fourteenth in the World Economic Forum’s rankings of the quality of infrastructure.

Part of the problem is that the federal tax on gasoline, which provides most of the funding for federal spending on roads, has been 18.4 cents per gallon since 1993, yet over that period, the price of construction materials and the wages of construction workers have both risen by more than 75%.

And Congress hasn’t helped. They have passed 35 stop-gap funding bills to extend transportation funding. However, most transportation projects are not built in just one year, they are complex, multi-year projects.

Last December, Congress passed the “Fixing America’s Surface Transportation Act”, or the FAST Act – which authorized $305 billion over fiscal years 2016 through 2020 for roads, bridges, public transit, and rail. Of that amount only $70 billion represents a new cash infusion for road repairs. Since the total highway need is $740 billion, there is a big funding gap.

Bizarrely, most of the funding for FAST was paid for by raiding the capital of the Federal Reserve. The Congressional Budget Office recently projected that the money in the Highway Trust Fund will run out in six years, and the fund faces a shortfall of $100 billion by 2026.

The funding gap hasn’t escaped the attention of the two presidential candidates. In a rare show of agreement, they are both for infrastructure spending. So, what do they want to do? Unsurprisingly, Trump hasn’t proposed a specific funding level. In his book, “Crippled America: How to Make America Great Again“, Trump says he’s in favor of major public investment in infrastructure repair and expansion.

“If we do what we have to do correctly…we can create the biggest economic boom in this country since the New Deal when our vast infrastructure was first put into place. It’s a no-brainer.”

It’s a “no-brainer” but, with “no amount”.

Hillary Clinton wants to commit $275 billion in public funds over five years, including $25 billion in capital for a new national infrastructure bank to generate another $225 billion in direct loans, loan guarantees and other forms of credit.

Neither candidate is proposing anything that meets the total financing need.

Today, the federal government is responsible only for about 25% of spending on highways and the FAST alternative will be an unreliable future funding source. Federal net investment has been negative since 2011, meaning that Congress is not spending enough to maintain the roads and bridges we have.

By contrast, many states have raised local taxes on gasoline: 12 states have raised gas taxes in the last 18 months. Most states tax by the gallon, and have benefited from the falling oil price, which has boosted sales of gasoline by 3% nationally. In fact, states are beginning to spend more than the federal government as a percentage of GDP:

State Spending to GDP Growth

But, state gas taxes have the same problem as the federal gas tax: They are fixed per gallon, so inflation erodes their value over time. And state budgets can’t grow to the sky. In many cases, states are under pressure to balance their budgets.

As a result, state politicians are burning political capital just standing still. That means the presidential candidates and Congress must find a way to finance more federal infrastructure investment.

Perhaps the gas tax is the wrong way to go. Rising vehicle fuel economy means more miles driven on fewer gallons of gas. With the move to electric cars, Highway Trust Fund revenue will be even lower. And fewer people own cars, but everyone benefits from good roads. People buy food trucked on our roads. They buy clothes, furniture, etc. trucked on our roads. They are carried to hospitals in ambulances on those roads.

The solution is a general road tax that everyone pays.

So, be on the lookout for Trump or Clinton’s rhetoric on infrastructure solutions. This is a yuuge problem that is not going away.

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Sunday Cartoon Blogging – May 8, 2016

Wrongo came back from Europe with the flu, and he is still playing hurt. Maybe this week will bring a cure. There were good cartoons this week, however.

The GOP spent millions over the past 30 years building their Get Conservatives Elected machine, only to have a gifted amateur seize the controls and eviscerate their strategy. Take a look at the GOP’s monster love child:

COW Merger

This week, Trump had his way with the GOP:

COW Morning After

Trump repeats story about Ted Cruz’s father from the “National Enquirer”:

COW Gassy Troll

Bernie plans to wait till the, well you know. Hillary’s dismaying weakness with Democrats is something to worry about. Bernie is likely to win at least 20 state primaries:

COW Bernie Math

State of the art in today’s electronic voting:

COW Voting Machines

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“Hey GOP: Stop Being So Mean”

Trump thinks the GOP is trying to keep him from scoring The Deal of the Decade, or as the rest of us know it, the GOP nomination. Here is the predictable reaction in TrumpWorld from today’s New Yorker:

COW So Mean (2)

Wrongo got to spend time with the owner of his local PC repair company today. During the work on the PC, the talk turned to politics. The owner said quite a few things that everyone in America seems to feel, that politicians can’t be trusted, that they do nothing to solve America’s problems, and are just there to line their pockets.

He is a two-time voter for Obama, but is leaning this year towards Donald Trump. Two issues are fueling his thinking: First, that illegal immigration is a real issue, and that our economy, and to some extent our society, are being harmed by a large flow of immigrants. We live in Connecticut. Our county has the lowest population density of any county in Connecticut and is geographically, the state’s largest county. We are the whitest county: The 2010 census shows our county to be 94% white, and 1.3% black or African American. People of Hispanic or Latino origin made up 4.5% of the population. So, we enjoy little diversity, although many of our lawn and construction workers are Hispanic.

My computer guy points to a neighboring city in another county which has had large increases in black and Hispanic populations since 2000, now with 25% of its population Hispanic, and 8% black, both up dramatically.

Second, he thinks that Obamacare hurts his business. Never mind that his healthcare comes through his wife’s job, and that he has less than 5 employees, so his business isn’t paying for health insurance.

He also gives Obama no credit for America’s recovery from the Great Recession, saying that it took a really long time to recover, and the economy probably would have recovered on its own.

He is concerned that Trump would be an inappropriate president, a guy who can’t speak civilly to foreign leaders. He isn’t sold on Trump’s foreign policy either.

It is a sample of one. A two-time Obama voter who doesn’t think he has anywhere to go in November. He doesn’t think Hillary is the one; he thinks Sanders is a fringe player, right along with Trump.

He’s looking for a leader, and wonders why nobody who is truly great wants the job.

But that’s easy to understand. Too many people pin their hopes on getting “the right person” in the presidency, not realizing that it takes much more than just the leader to get the wheels of change moving.

Without courage and support from both houses of Congress, government won’t move an inch. Trump or Sanders could win, and be completely unable to steer the ship of state anywhere but where the oligarchs choose for to go.

Connecticut will be a reliable state for the Democrats in the fall, but they need to think again if they plan to use the same old interest group song and dance that worked to elect Obama in 2008 and 2012.

My PC guy isn’t gonna buy it.

It’s doubtful that he’s alone.

 

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The Pant Suit vs. The Pant Load©

Over the next few months, Wrongo will be writing an extended series of columns about the 2016 presidential election, called “The Pant Suit vs. The Pant Load”.©

The starting premise is that Hillary Clinton will be the Democratic nominee, and whoever gets the Republican nomination will be the designated Pant Load.

Pant Load #1 is of course, The Donald. Pant Load #2 is Ted “Canada” Cruz.

That leaves Pant Load #3, House Speaker Paul Ryan, who today’s NYT tells us, is running very fast, all the while saying he is not interested. It says a lot about the leadership of the GOP when their leading candidates for the Presidency make Paul Ryan look like a good idea.

Some Republicans who are hoping for a more “moderate” answer to Pant Loads #1 and #2, think that Ryan, possibly with Rubio as his VP candidate, will turn 2016 into a GOP presidential win. However, anyone who thinks that Paul Ryan is a moderate, needs to take the time to read what his plans are for programs like Social Security, Medicare, Medicaid and tax reform. He would rip up the social contract and shred the safety net, leaving us in a societal Hobbesian nightmare.

Anyway, the GOP is very nervous, and possibly for good reason. Pollster Stan Greenberg has evidence that groups that were core to the Obama wins are now becoming much more engaged than they were in 2015. A few of Greenberg’s findings:

  • The GOP civil war is producing an eye-opening number of Republicans ready to punish down-ballot candidates for not making the right choice with respect to how to run in relation to the front-runner. Moderate Republicans are already peeling off
  • The focus groups with white unmarried women, millennials and African Americans showed a new consciousness about the stakes in November. In this poll, the percentage of Democrats giving the highest level of engagement has increased 10 points
  • The result is that the country might be heading for an earthquake election in November.

An “earthquake election.” Take all that with a grain of salt, since his firm (which includes James Carvelle) is very partisan. The survey took place March 17-24, 2016. Margin of error is +/-3.27 percentage points at 95% confidence. 65% of respondents were reached by cell phone.

So, the desperation is rising. Nancy Letourneau writes today about Grover Norquist’s plan to turn this around for the GOP:

Into this breach comes Grover Norquist with
what can I say
a “creative” solution. He has identified six new voting blocs that have developed over the last 30 years that won’t want Hillary Clinton in the White House. Between the lines, his contention is that she is just so out of touch with what is happening in the world that she’s missed them.

Here are Norquist’s six voting blocks that will challenge the Rising American Electorate:

  1. Home schoolers
  2. Charter school supporters
  3. Concealed-carry permit holders
  4. Fracking workers
  5. Users of e-cigarettes and vapor products
  6. Uber drivers

Norquist thinks the Republicans can tap these groups in order to stop Clinton in November. Wrongo isn’t sure, but Norquist’s ideas seemed to make more sense when we were at Burning Man on peyote. But now that our clothes are back on, it all seems dubious. This is micro targeting for no apparent gain.

For example, would a vaping Uber driver (with a concealed carry permit) who home-schools his/her children be Grover’s (and the GOP’s) ideal target? The size of that demographic approximates the number of American unicorns.

And who out there thinks that the home schooling bloc are not already voting Republican? Something like 95% of school-age kids are in traditional public schools, despite all the press that charter schools and homeschooling get, so we are not speaking of a huge demographic.

And how many fracking workers can there be? Aren’t most of them in Texas, and Oklahoma, not exactly swing states?

Those who have a concealed carry permit are most likely also already voting for the GOP.

Ya gotta love the smell of conservative desperation in the springtime.

 

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Sunday Cartoon Blogging – April 10, 2016

This week, Sen. Elizabeth Warren (D-MA) tore her Republican colleagues a new one in the pages of the Boston Globe:

For seven years, through artificial debt ceiling crises, deliberate government shutdowns, and intentional confirmation blockades, Senate Republicans have acted as though the election and reelection of Obama relieved them of any responsibility to do their jobs. Senate Republicans embraced the idea that government shouldn’t work at all unless it works only for themselves and their friends. The campaigns of Donald Trump and Ted Cruz are the next logical outgrowth of the same attitude — if you can’t get what you want, just ignore the obligations of governing, then divert attention and responsibility by wallowing in a toxic stew of attacks on Muslims, women, Latinos, and each other.

If Senate Republicans don’t like being forced to pick between a bullet and poison, then here’s some advice: Stand up to extremists in the Senate bent on sabotaging our government whenever things don’t go their way.

Warren’s anger is righteous anger, it is well directed and well-spoken. But, politicians who make it in our political system are those who hide most of their anger (righteous or not) under a veneer of unctuous civility. She chooses to give as good as she gets from the frat boys in the GOP. Maybe, after another 4 or 8 years of federal failure, that kind of anger will resonate with the American electorate.

Cartoons this week reflected the general coarsening of our society and politics. The bathroom habits of certain minorities made news in North Carolina. Apparently, they should pee in Virginia:

COW NC Bathrooms

Mississippi made similar news:

COW Miss Church

The NY Dem primary will be fought out on the sidewalks of NY:

 

COW Sidewalks of NY

The NY primaries have both parties looking for some room:

COW NY Primary

The Panama Papers tell us once again that we live in two Americas:

COW Panama Papers

 

 

 

 

 

 

 

 

 

 

 

 

Of course, Tax Day this week is mostly for the little people:

COW Tax Day2

 

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The Revolution WILL Be Televised

There is a lot of talk that the 2016 election is the start of a political rebellion in the US. We see the large, enthusiastic Sanders/Trump crowds, and the candidates’ relative success with winning primary elections, and have to ask:

  • Will it remain a political rebellion, one that expresses itself through the electoral process?
  • Will it continue beyond the 2016 election, assuming an Establishment candidate wins?

It began with the failure of the US economy to add permanent jobs for the middle class, and the lower classes after the Great Recession. Our column outlining that all jobs created since 2005 were temporary or contractor jobs showed that people are living paycheck to paycheck, but fewer have benefits, and all are afraid that they could be out of work with any personal or economic hiccup.

And wages are not rising the way corporate profits are, as this chart shows:

Corp Profits to HH income

So, fewer jobs as an employee, and no change in household income. More risk, no more money. Life for the average person in the US is harder and more frightening for a large group of people. Maybe they are not yet a critical mass of voters, but there are enough angry people that the Establishment political machines may be disrupted.

Since many see the worsening of the life of the middle class to be permanent, there is little reason for hope if you are on the fringe of our society. So, we’re watching that play out in the 2016 electoral race.  People are finally getting tired of one or the other of these two campaign pitches:

  • We are the greatest nation on earth, but only if we elect candidate X, because candidate Y will ruin us
  • Or, you can’t have a good job with dignity, or good schools, or ask us to address any other of our serious problems, because we can’t afford it and people won’t pay more taxes

And as Gaius Publius says, there’s no other way to see the Sanders and Trump insurgencies except as a popular rebellion, a rebellion of the people against their “leaders.” On the Sanders side, the rebellion is clearer. Sanders has energized voters across the Democratic-Independent spectrum with his call for a “political revolution,” and that message is especially resonant with the young. From The Guardian:

Analyzing social survey data spanning 34 years reveals that only about a third of adults aged 18-35 think they are part of the US middle class. Meanwhile 56.5% of this age group describe themselves as working class.

Fewer Millennials (who number about 80 million in the US) are describing themselves as middle class. The number has fallen from 45.6% in 2002 to a record low of 34.8% in 2014. Ms. Clinton will need to rely on Sanders supporters falling in behind her – and faced with the prospect of a Trump presidency, many may do so. She also intends to try to win over “moderate” Republicans, assuming that the Bernie voters have nowhere to go.

That might work, since as Benjamin Studebaker says, Clinton is arguably closer to the Republican establishment than are Trump or Cruz. In fact, the Democratic and Republican establishments are both closer to each other than either is to its own anti-establishment wing.  Consider that Clinton and the Republican Establishment both:

  • Support the Trans-Pacific Trade Partnership (TPP)
  • Support immigration reform
  • Support foreign aid
  • Oppose Medicare for all
  • Oppose tuition free college
  • Oppose a $15 minimum wage

It would not be unreasonable for moderate Republicans to conclude that Clinton is closer to their ideological needs than are Trump or Cruz. Clinton may play for the other team, but at least she’s in their league.

The Establishments of both parties have no vision when it comes to solving income stagnation for the 99%, or solving our crippling health care cost increases, the trade treaty fiasco, and the military establishment’s continued sucking of more and more money from our budget.

These cumulative burdens will break people’s belief in a better, more secure future. Either policy changes are enacted by the next Establishment president and Congress, or things could start to come unglued.

Which means that for almost every one of us, this could be the most consequential electoral year of our lives.

So, the Establishment wings of both parties need a Monday wake-up call. Here to rouse them from slumber is Iris DeMent with “Livin’ in the Waste Land of the Free”:

Those who read the Wrongologist in email can view the video here.

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Sunday Cartoon Blogging – April 3, 2016

Something you may have missed this week was that an increasing number of hospitals were held hostage by attacks on their IT departments. The attackers were looking for ransom. It started last month with Hollywood Presbyterian Medical Center.

Last week there were three more, and this week, a whole hospital chain was attacked by ransomware, this time affecting the servers of 10 related MedStar facilities in Maryland and Washington DC.

Apparently most hospitals have paid the ransom.

Is this extortion or terrorism? Patients probably don’t care which. Let’s hope no patients were harmed by the IT outages. The biggest question these attacks on hospitals raises is: Why aren’t hospitals better prepared against ransomware? Hospitals are considered critical infrastructure, but unless patient data is impacted, there is no requirement to even disclose that a hacking occurred, even if operations are disrupted.

Computer security in the hospital industry is generally regarded as poor, and the federal Department of Health and Human Services regularly publishes a list of health care providers that have been hacked with patient information stolen.

Onward to the rest of our silly season. Donald Trump had a bad week on the abortion issue:

COW Trumps an Asshole

 

 

 

 

 

 

 

 

 

 

 

 

 

 

On the other hand, Trump said out loud what the GOP really thinks:

COW What We ThinkTed and Don enter the Rut:

COW SeductionThe GOPs self-fulfilling prophecy:

COW Prophecy

The Democrats have their own dilemma:

COW Dems Dilemma

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