ITEM: The Social Security and Medicare Trustees have issued their annual report on the financial condition of the two entitlement schemes. The key forecast dates are unchanged: The Medicare hospital benefits program is already in deficit and its (fictitious) "trust fund" will be depleted in 2019. Social Security funding will begin running deficits beginning in 2017 — at which time its "trust fund" will also be finally and unarguably exposed as meaningless. Most recent post here.
ITEM: Zimbabwe's dictator, Robert Mugabe, imposed price ceilings just days before national elections that had already been expected to be hopelessly rigged. Any stores that failed to reduce prices faced nationalization. Latest on the elections here. Most recent post here.
ITEM: An intermediate appellate court in New York State vacated a now-moot lower court ruling holding that a school district need not extend retirement benefits to the same-sex spouse of an employee. Recall that, while New York's highest court ruled that there is no right to receive a same-sex marriage license in New York, state law has historically required that otherwise valid out-of-state marriages be recognized in the state, even if the marriage could not be entered into within the state itself. Every other New York court case on this subject has ended in favor of gay couples. (Funderburke v. New York Dept. of Civil Service.)
ITEM: In California, meanwhile, the state appeals court that issued the infamous "no right to homeschool" decision has announced that it will reconsider the case and has invited "written arguments from state and local education officials and teachers' unions" on the matter. Most recent post here.
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