Tuesday , March 31 2020
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The Angry Bear

Panama Redux

The latest U.S. arrogance: Charging Venezuelan Maduro with Narco-Terrorism. The U.S. answers to no international court, but believes it has the privilege levying charges against anyone or any state it wishes to over-throw. Of course the charges are all about oil. What else is new? Meanwhile, the U.S. sanctions whomever it pleases. Meanwhile, Dick Cheney runs free as a bird, as does warmonger Hillary, and Obama and his almost senile sidekick Biden....

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Self Quarantine in Rhode Island Like it or Not

This came up on the radar this morning. PROVIDENCE, R.I. (AP) – The American Civil Liberties Union of Rhode Island is questioning the constitutionality of Gov. Gina Raimondo’s directive allowing state police to stop vehicles with New York license plates to collect information from drivers and passengers in an effort to slow the spread of the coronavirus. The Democratic governor on Thursday called the measure extreme but pointed out that the New York City...

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A Dog that Didn’t Bark

The USA is about to experience the largest fiscal policy shift since World War II. The House is debating whether to add $ 2,200,000,000,000 to the Federal Budget Deficit (counting loans as if they were expenses because that’s what they do). There appears to be a near consensus as all are speaking in favor. It is just possible to guess which are Republicans I’m sure there is a similar near consensus that Rep Thomas Masie of Kentucky, who made them fly to...

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Notes on the economy and coronavirus issues

Notes on the economy and coronavirus issues As is obvious, I have stopped reporting on almost all incoming economic data, as anything older than last week is out of date. But once the last important February data is reported tomorrow, I will take one last fond look back at our pre- Coronavirus Recession economy. How close to recession was it? I also want to write a few more detailed posts on several points. But for now, let me leave a quick note about...

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Coronavirus dashboard for March 26: southern “red” States resist effective measures

Coronavirus dashboard for March 26: southern “red” States resist effective measures Here is the update through yesterday (March 25) In order to succeed in containing the pandemic, I believe that the US needs at least 2 weeks of China (nearly complete lockdown) followed by at least a month of South Korea (very aggressive and widespread testing). At minimum, that means at least 50% of the US population under lockdown and a ratio of 15:1 in tests to...

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Rome Update

For 3 days from an abundance of caution, 4 hours a day of online teaching responsibilities and extreme laziness, I have stayed in an apartment usuaally in a bed. Rome is a bit different than was I went into hibernation. There are people walking around without dogs on a leash. Some cars. There was a guard outside the supermarket absolutely waiting for someone to come out bfore letting someone in. No crowds: no line at cashier. The Deli lady (who I thanked...

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Congress and the Fed Could Ensure Universal Protection During the Pandemic

Congress and the Fed Could Ensure Universal Protection During the Pandemic No matter how well or poorly the federal government addresses the overall economic crisis, millions of vulnerable people will be left unprotected.  Homeless people, incarcerated people, immigrants, people in fringe, off-the-books employment like day labor—unless steps are taken that specifically target them, they are staring into the abyss. This is fundamentally a local problem. ...

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