The Angry Bear

 – by New Deal democrat The Bonddad Blog [NOTE: After traveling all day yesterday, I decided to put off any comments on the CPI upside surprise until later today. Short version is that shelter continues its slow decent, gasoline picked up, and services are accelerating as one might expect in a strong economy with the supply chain tailwind having dissipated.] Initial claims continued to be rangebound this week, declining -11,000 to 211,000....

More semiconductor news. Leading off, TSMC plant delays in Arizona are disappearing. In spite of earlier delays, the Arizona TSMC plant is now expected to be operational by end of 2024. Pilot Production to prove the manufacturing process will start mid-April 2024. Three months earlier, TSMC announced further delays at its $40 billion Arizona fab. TSMC has now said the plant is expected to be operating at full capacity by the end of 2024. What...

Biden is at it again. This time with Intel in AZ. With all the issues with passing a budget since earlier last year, I wonder how Biden and the Dems got this out of Congress. Must be some pretty good pork involved with these programs to get approvals. Companies are kicking in $240 billion in investments to bring semiconductor manufacturing back to the United States since the President took office. Good move by Dems in a swing state. If you...

If You Choose Not to Decide, You May be an American Restating the premise of my earlier post: Voting is an affirmative action. The more difficult voting is, the more turnout will be reduced. A voter in Oregon needs only to fill out and mail a ballot at any point over a period of time before an election. By contrast, some states allow voting only during certain hours on Election Day. Others may add a set of proscribed days and times before then,...

Arizona is a state which does not stand on its own for protecting the rights of its citizens. In this case, we speak of a woman’s right to determine what is right for her individual self and body. The Supreme Court revived a near-total abortion ban with its support of a 160-year-old law. The law provides no exceptions for rape or incest. And, in its 4-2 opinion, the conservative majority wrote: “Physicians are now on notice that all...

by Ron Coddington Life on the Civil War Research Trail A presentation requested by Dale Coberly about what could have happened if Virginia had followed suit in freeing the slaves pre-Civil War. A Slavery debate in the 1830s. ~~~~~~~~ In his 1910 memoirs, Randolph Harrison McKim, a Confederate officer who served on the staffs of Stonewall Jackson and George H. Steuart, recalled stopping by the home of Thomas Jefferson Randolph on a January...

by Zach Beauchamp Vox via RSN.Org. As presented by Dale Coberly . . . A conversation between Vox’s Zach Beauchamp and Joe Conason a veteran New York journalist. The topic? Trump’s grifting. A new book shows how conservative grift started long before branded bibles and $400 sneakers. During his time atop the Republican Party, Trump’s lifetime habits of fraud and  grifting have fused seamlessly with conservative politics. In 2024 alone,...

This is the easiest one. No possibility of changes. It’s Biden/Harris v. Trump/Sycophant. For Biden, the alternative is clear: the race would be between Kamala Harris and DJT.

Obesity is a risk factor for cancer, heart disease stroke and diabetes. Thus, drugs like semaglutides (Wegovy, Ozempic) don’t just reduce weight in the obese, they also reduce risk of cancer, heart disease, stroke and diabetes, which are huge health care burdens. It’s good to see that Medicare is finally coming to grips with this obvious fact:“On March 8, 2024, FDA approved Wegovy (semaglutide) to treat cardiovascular disease risks — heart attack,...

– by New Deal democrat I neglected to post this over the weekend, so I will post it now…. Weekly Indicators: The Coincident Indicators Say ‘Soft Landing Is Here.’ – Long Leading Indicators Show Improvement – Short Leading Indicators are showing mixed results. – Coincident Indicators suggest a Soft-Landing scenario for 2024. “My “Weekly Indicators” update is over at Seeking Alpha. There was lots of churn under the surface last...