How RFK’s Agenda Could Affect Your Wallet

Another day, another cup of coffee—maybe two. A little more chaos is sprinkled in, right? So, what’s on the topic for today? Well, it’s RFK, but I want to talk about something else first. Let’s talk about my robe.

Updated May 28, 2025.

My robe is very old, but it’s a chilly morning. But this robe is like that perfect pair of used jeans or that old T-shirt. So in case you are wondering, I’m not getting rid of this baby. Now, let’s get down to business.

RFK Only Adds to the Chaos

Now, before I get into RFK and how this is going to cost you money, look at what happened with the Consumer Financial Protection Bureau (CFPB), which is hated by large corporations and soon will cease to exist.

• I Guess I am a Liberal Prepper. What About You?

The DOGE was at the IRS lately, so that’s not good news, as there are already massive firings of probationary federal employees. Republicans are pushing to slash Medicare and Medicaid as part of their budget, which affects 150 million of us and could hurt our pocketbooks one way or another.

Update: President Trump is supporting the Republican push to cut Medicaid.

We’ve already seen prices for gas, groceries, and everything else going up. Tariffs are coming into play now, as President Trump promised reciprocal tariffs. It’s what I keep saying: you need to be prepared financially for all this.

Then there’s Robert F. Kennedy, Jr. (RFK), who’s uniquely unqualified for the position of Secretary of the Health Department. He is an anti-vaxxer, regardless of what he says. By the way, reports are he has $1 million in credit card debt. I had no idea that was even possible. Maybe he should call me for bankruptcy advice.

Now, RFK as the Secretary of the Health Department, there might be some good that comes out of this. For example, he could push to eliminate or reduce processed foods and certain chemicals in our foods, which I don’t think anybody has a problem with.

But my concern is our bank accounts because, at his confirmation hearing, it was clear he didn’t know the difference between Medicare and Medicaid. So now imagine he starts pushing an anti-vaxxer agenda. Just research his absurd theories on COVID.

• The Political Chaos is Endless! How’s Your Sanity?

I had COVID last year, and just when I was getting out of it, I was hit hard a few days later with Hurricane Helene. September of 2024 was not a fun month.

But I stopped taking the COVID-19 vaccine in 2022. Nothing happened in 2023, and I was hit hard in December of 2019 with COVID. But this last time, I even had a 103-degree fever. So, regardless of whether COVID was created in a lab or by a bat, it’s real, and we need vaccines against it.

But now, imagine the federal government programs that pay for the vaccinations are canceled, and you don’t have insurance. Do you have the money to pay for the vaccine?

What if you get sick? Do you know how much it costs to go to the hospital for five days and get pumped full of IVs and medications because you have COVID-19? Can you afford that? Probably not. How do I know that? Because the number one reason people file for bankruptcy is medical bills.

The second reason debtors file for bankruptcy is health-related issues, such as missing work for a few weeks, so debtors fall behind on their bills. I don’t know how long I was out of the game, but I’m sure there were at least a few rough days I wasn’t working, and if I’m not working, I’m not making money. I don’t work for corporate America, so I can’t take PTO and still get paid.

So now add Medicare and Medicaid and their benefits to the chopping block. If you get sick, healthcare costs are ridiculous. If there are no vaccines available and you don’t have health insurance, your next move might be bankruptcy.

Update:

RFK is now saying that the CDC will not make recommendations for COVID-19 vaccines for healthy children. Of course, this defies common sense. Being healthy doesn’t prevent one from getting COVID-19 because it’s a virus. You can be the healthiest person on the planet and still get COVID. RFK’s logic is like saying if you are healthy, no need to recommend diet and exercise. Feel free to have chocolate candy bars for breakfast, lunch, and dinner.

Better to Be Safe Than Financially Sorry

Look around. Analyze the situation. There are massive layoffs at the federal government. Departments are being shut down. Employees are being fired by the thousands. An idiotic tariff war and cuts to Medicare and Medicaid. Add this all up and tell me how it’s saving you money. How does all this political chaos prevent you from getting into more debt?

I’ve been predicting since the coronavirus pandemic that bankruptcies would rise in 2024 and 2025, and they have been consistently rising annually. My theory was that because the statute of limitations, which limits when a creditor can file a lawsuit against debtors, would expire around this time.

If a creditor doesn’t file a lawsuit timely and before the expiration of the statute of limitations, the case gets dismissed. The statute of limitations in most states is four to five years. The coronavirus pandemic occurred in 2020. So, creditors are running out of time to file lawsuits.

So, with cuts to Medicare, Medicaid, and other benefits, just be prepared. That’s been my consistent message in my blogs and videos. Now add RFK to the situation, and if we get sicker as a country, well, guess what? Our debt will increase, and what little savings we have will shrink!

Take care, stay healthy, and remember it’s all about diet and exercise. Enjoy that cup of coffee—I know I will.

Colleges and universities can purchase my bankruptcy law textbook directly from Routledge Publishing. For paralegals and students buying single copies, you can do so via Amazon Books. To access my YouTube channel, click this link.

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