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The Angry Bear

The attack on the U.S. Capitol to prevent the counting of the electoral ballots 

Probably getting tired of reading this. I can not think of any good reason to quell commentary on the attempt by a president, senators, and representatives to overthrow the US government. That they still walk free is repugnant. January 6, 2024, Letters from an American, Prof. Heather Cox Richardson Today, three years to the day after the January 6, 2021, attack on the U.S. Capitol to prevent the counting of the electoral ballots that would...

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In-Box Topics Which May Be of Interest

Another array of emails collecting in my In-Box offering up articles besides junk. Some interesting reads and others not so. Picked what I thought might be the best. Some are hawking subscriptions too. I like to subscribe to newsletters and magazines. The problem being never getting a chance to finish reading them all. Climate and Environment U.S. cities are getting rid of parking minimums, NPR, Laurel Wamsley. Cities are throwing out their...

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Being grateful for one big thing Baby boomers did Part II

Part Two of Being grateful for one big thing Baby Boomers did. Part I can be found here as written by Andy Kiersz. Gen Z, Millennials Should Stop Complaining About Baby Boomers, Economy, business insider, Andy Kiersz Excellent Charting done by the author Andy Kiersz. Detail taken from the Census Bureau, BLS, Penn World Tables, Federal Reserve Survey of Consumer Finances, Centers for Disease Control and Prevention, and World Inequality Database....

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“The Many Faces of Adam Smith”

Just an old commentary from 2006 as written by Mark Thoma when he was writing Economist’s View. If you don’t know, Mark discontinued his writing there and retired. I see him now and then (or used to) on Facebook. Here he gives a bit of history on Adam Smith. “The Many Faces of Adam Smith“ This column by Alan Krueger from 2001 is a reminder that Adam Smith was not a “narrow, unyielding defender of unfettered free enterprise”: The many faces...

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Remembering the Participants of January 6, 2020

Those who were trying to overthrow the United States Government for personal gain. “When the Senate reconvened at 8 p.m. and the House of Representatives an hour later on January 6, 2020, the proceedings including the objection debates were continued. Some lawmakers who had previously planned to vote with the objectors stood down following the occupation of the Capitol. Plans to challenge a number of states after Arizona were scrapped, as well —...

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Medicaid Coverage in Metro and Small Town/Rural Counties, 2020-2021

Medicaid’s Coverage Role in Small Towns and Rural Areas – Center For Children and Families (georgetown.edu) First time, I have done an interactive chart. I have to figure out how to enlarge the chart. I will figure it out in time. Enjoy for now and maybe you can find where you live on the small map. If you go to Georgetown Center for Children and Families site, you will get a better map perspective. As the title says this is for Metro, towns,...

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Actually, Only Banks Print Money

Asymptosis » Actually, Only Banks Print Money, Steve Roth I’m thinking this headline will raise some eyebrows in the MMT community. But it’s not really so radical. It’s just using the word money very carefully, as defined here. Starting with the big picture:  You can compare the magnitude of these asset-creation mechanisms here. (Hint: cap gains rule.) The key concept: “money” here just means a particular type of financial instrument,...

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This Time It’s Different ?

I guess this is the latest installment in my soft landing series. However, it might also be a warning of terrible trouble in the fairly near future (next 5 years). It is certainly proof (if more were needed) that I am clueless. The topic is the US housing market. This is highly related to the (possible) soft landing as one important surprise is that residential construction has held up in spite of high mortgage interest rates. The question for...

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December jobs report: consistent with a “soft landing,” despite discordance in household data

December jobs report: consistent with a “soft landing,” despite discordance in household data  – by New Deal democrat My focus remains on whether jobs gains are most consistent with a “soft landing,” i.e., no further deterioration, or whether deceleration is ongoing; and more specifically:  Whether there is further deceleration in jobs gains compared with the last 6-month average Whether the unemployment rate is neutral or decreasing; or...

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