The Angry Bear

AB: Another commentary about Oregon . . . “Give It To Idaho …” | Homeless on the High Desert, Ten Bears Oregon’s Appalachia. Associated Press and Central Oregon Daily report: Central OR lawmaker ignorant of US Constitution, Article VI, section 3 Of course it’s ignorant, the stupidest people in Oregon live in South Central Oregon. G’ma used to say “it’s in the water” and point to the back of the Oregon Fish and Game Guide: “don’t eat the...

Only the top 20% saves. Originally published at Wealth Economics Newly released data series from the Bureau Economic Analysis have revealed a pretty eye-popping economic reality that’s been invisible in the national accounts…forever. Subtract households’ Personal Taxes and Personal Outlays from Personal Income to yield Personal Saving, and it turns out that the bulk of U.S. households don’t save. Quite the contrary: the bottom 80% spends more...

Once again, there are efforts made to the US Senate urging Senators to support Medicare Advantage plans. The facts against Medicare Advantage for seniors have been stated over and over again by Kip Sullivan, myself, and others as well. PNHP President has authored a counter letter to the Senate explaining some of the issues and problems with Medicate Advantage. Many of which come to bear once the enrollee is a part of the Advantage programs....

Weekly Indicators for January 29 – February 2 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. One week ago many of the high frequency indicators hit an “air pocket.” This week some – but not all! – resolved. At present there is one of the more anomalous situations I have observed. Most of the data is not just positive, but frequently strongly so. On the other hand, there is a nagging minority...

Slate’s Mark Joseph Stern has posted a good commentary about Oregon politics, “Oregon Republicans bet it all on a constitutional loophole. They lost big-time.” The topic? What happens to in-office politicians who attempt to block legislation or function by not being in attendance. For some years, Oregon suffered from politicians who decided to just not show up or be in attendance. The effect of 10 or so of the Oregon State Senators not being...

My dad died a few years ago with dementia. The diagnosis was Frontotemporal Lobe Dementia (FTD), based on a psychiatric evaluation and brain imaging. After he died, we had a brain autopsy done, which returned a diagnosis of Alzheimer’s Disease. So which was it? As far as I know, it could be both. But what this little anecdote illustrates is the tension between diagnosis of dementia in a living patient and the use of histopathological diagnostic...

Originally published at Benzinga Biden The Master Oil Trader Part III? President Refills Emergency Stash as Crude Price Slides – United States Oil Fund, Benzinga, Aaron Bry, Editor. ~~~~~~~~ The Biden administration has been slowly replenishing stocks in the Strategic Petroleum Reserve (SPR) as oil prices fell in the fourth quarter, buying crude at prices that could rate the president as an oil trading legend. The SPR is an emergency...

U.S. winning world economic war, axios.com, Neil Irwin. The United States economy grew faster than any other large, advanced economy last year, by a wide margin, and is on track to do so again in 2024. Why it matters: America’s outperformance is rooted in its distinctive structural strengths, policy choices, and some luck. It reflects a fundamental resilience in the world’s largest economy that is easy to overlook amid the nation’s...

Last September, Kennedy—who has lambasted social media platforms’ attempts to contain his fact-free rants about vaccines as unforgivable infringements on free expression—brought suit in New Hampshire to squelch a blogger who posted anonymously on the Daily Kos website about a speech that the late Sen. Robert Kennedy’s son delivered in Berlin to a group called Querdenken. “Free Speech Lover RFK Jr. Loses Bid to Punish Online Critic,” Daily Beast,...

January jobs report: A very strong report, but with pockets of significant weakness  – by New Deal democrat As per usual, the Establishment and Household portions of the jobs report gave somewhat different impressions, complicated by annual revisions to each. In general, not only was January excellent of the Establishment report, but most months in the past year were revised upward as well. The Household report mainly was “meh,” neither...