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Andrew Tobias
Andrew Tobias

Money and Other Subjects

I Mean: Just Wow

January 23, 2025January 23, 2025

Trump moves to raise drug prices.


One of the nearly 200 executive orders that newly inaugurated President Donald Trump signed on Tuesday reversed several critical policies that President Biden had put in place. Among those was lowering drug costs for Americans. With the stroke of his pen, Trump removed a $2 price cap on certain generic drugs, did away with a provision that would improve access to high-cost therapies for Medicaid recipients, and ended an effort to expedite the evidence-gathering process for new drugs.

To put it another way, President Trump just opened the door for drug prices to skyrocket . . .


That should help with inflation.


Here is the new whitehouse.gov . . . all about Trump.

He won nearly 50% of the popular vote (49.8%), which he considers a landslide; and his approval rating stands at 47%; but it’s only been two days and he’s already got unemployment at near record lows, inflation within a hair of where the Fed wants it, the stock market near record highs, oil and gas production the greatest of any country in history, gas prices, adjusted for inflation, back to where they were in 1955 (when gas mileage was far worse, so the cost of driving a mile is now half what it was), tens of thousands of infrastructure projects underway —  and in many parts of the country he seems to have solved global warming!  Indeed, on that one, he may have overshot the mark.


Here are the Biden executive orders he’s rescinded so far.

You might agree with some of them.  But really?




Here is the way the world should be:


Convicted US Capitol rioter turns down Trump pardon

. . . Accepting a pardon would only insult the Capitol police officers, rule of law and, of course, our nation.

I pleaded guilty because I was guilty.

Accepting a pardon would serve to contribute to their gaslighting and false narrative.

We were wrong that day, we broke the law — there should be no pardons. . . .


Imagine that.


And here is 10 minutes mostly about a brave judge who speaks truth to power.

What the judge writes is so obviously true and important.  I hope you can find time to watch.

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"Guys, just remember: if you get real lucky, if you make a lot of money, if you go out and buy a lot of stuff, it's gonna break. You got your biggest, fanciest mansion in the world. It has air conditioning. It has a pool. Just think of all the pumps that are going to go out. Or go to a yacht basin any place in the world. Nobody is smiling and I'll tell you why: something broke that morning. The generator's out, the microwave oven doesn't work, the cook's gay. Things just don't mean happiness."

Ross Perot to Harvard B-School students, quoted in Forbes

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