The Angry Bear

“At the end of the day, remember, it is the demand that will decide and dictate what sort of energy source will help meet the growing global energy requirements.”  To end fossil fuels, “remember, it is the demand that will decide,” Carbon Upfront. Open Thread December 23 2023 Nippon Steel Purchasing U.S. Steel, Angry Bear ...

A bit of history for Angry Bear readers which should be remembered. December 28, 2023, Letters from an American, Prof. Heather Cox Richardson On the clear, cold morning of December 29, 1890, on the Pine Ridge Reservation in South Dakota, three U.S. soldiers tried to wrench a valuable Winchester away from a young Lakota man. He refused to give up his hunting weapon. It was the only thing standing between his family and starvation, and he had no...

Been looking around for a few, new, and good writers to add to Angry Bear. I know we have Robert, New Deal democrat, and Joel amongst us now. I ran into Steve Roth since he posted to Tom Walker’s post. He is allowing me to poach from his new substack Wealth Economics and an older blog site Asymptosis. Happy about this as it allows me to write more freely too. Anyway, this commentary of Steves’ I like. Do We Wildly Underestimate GDP? Wealth...

Introduction: “new analysis finds that that MSSP, the oldest and largest Medicare accountable care organization (ACO) program, has lost money for individuals it covers and overall for Medicare it saves just 75¢ per $1000.” AB: Not much of gain there. What does it do for other programs? “Largest ACO Program Saves Piddling Amounts for Medicare,” PNHP. As taken from “Estimated Savings From the Medicare Shared Savings Program,” JAMA Network,...

Jobless claims end the year on a solidly positive note  – by New Deal democrat For our last data of 2023, initial jobless claims remained at a very low level, up 12,000 from one week ago to 218,000. The four week average declined 250 to 212,000. With the usual one week delay, continuing claims rose 14,000 to 1.875 million: On a YoY% basis, initial claims are up only 2.3%, while the more important four week average is up a mere 0.1%....

Either in the beginning of our trip or at the end of the trip, we would end up in Bangkok, Thailand. Our stay was at The Landmark Hotel which to my knowledge was a Thai hotel and our plant(s) put us up there and on the Executive floor. Centrally located, it was easy to get to the plants and the airport. What you are looking at is the lobby. To the left of the picture, you can see the check in-out counter. Super polite and always smiling. If...

I promised a second entry in the series, Soft Landing this time it’s monetary. The question is why didn’t the FED’s monetary tightening cause a recession. There certainly was tightening, the Federal Funds rate rose from 0.07% to 5.33% There certainly were people who predicted a recession in 2023 (hey they still have 4 days so I am giving a hostage to fortune). Indeed some forecasters put the probability at 100%. Why ? First...

I pay to be able to talk to Merrill. What is fun is when Andrew Sprung shows up. And I am recognized for the words I write on healthcare. Been in enough hospitals to be treated for a blood disorder, I know the routine. The first hospital put me on death row. A woman stopped by and asked me if I knew where I was in the hospital. Of course, I said no. She told me, I was on death-row and they did not expect me to live. My platelets were very low and...

Remember the wildly successful Trump University? Me neither.But elect Donald, and he promises to build on that success by stealing the endowments of major universities to create a national diploma mill.Click the link.Trump University 2.0

Charles Gaba was to become known to me because of Maggie Mahar who was featured at Angry Bear in the past. Another resident of Michigan like I was, one county and a few communities away from my own home. Thoroughly ACA knowledgeable and ACA competent. You can trust his words. I featured this commentary by Charles because it has some important dates and information. Charles is an excellent source of information on the ACA. Read him . . . The...