The Angry Bear

Little doubt, economic policy will be one of the things experiencing the greatest change due to Global Warming (Climate Change). Always a construct, economic policies have, heretofore, in the main, been determined by the powerful. Seldom, if ever, have they been based on how it should be. If we are lucky, in the very near future, that determination will become a democratic one based on how should it be. If not, we haven’t a snowball’s chance in hell...

A comment on Juneteenth; and what I’ll be looking for in tomorrow’s housing report  – by New Deal democrat That Juneteenth is a national holiday ought to be a full rebuttal to those who think that teaching the entirety of American history, including its worst moments, is somehow an insult to the majority. That enslavement was finally ended by the Emancipation Proclamation and the 13th Amendment is something that all present-day Americans ought...

This is starting t0 become a bit confusing as Missouri and other states are suing Biden because Mohela is being harmed by student loan forgiveness. In order to sue, the state has to have standing and they do not as of yet unless SCOTUS finds a way to grant them standing. Twice previously, SCOTUS has swatted states for claiming standing (ACA and Native American Child Adoption) when they did not. Justice Amy Barrett has been challenging the states on...

As American Jews, at what point do we stop to assess the collateral damage that the coalescence of crippling student loan debt and the advancement of AI in all facets of the economy will have on America’s working and middle class? Student Loan Debt, AI and the Extinction of the American Middle Class, jewishjournal.com, Lisa Ansell As millions of student loan borrowers are forced back to repayment on September 1, the Biden Administration will...

Image of tractor and workers spraying is used courtesy of Getty Images. Originally published June 30, 1962, the book Silent Spring was banned initially. It was met with great resistance by many. Carson was advocating a more careful use of the pesticide. Instead, DDT was banned from any use. Globally, other countries followed suit. And the deaths from malaria increased again. Fortunately, more disciplined minds prevailed in the use of DDT....

Weekly Indicators for June 12 – 16 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Stocks are really buying the “soft landing” scenario, rising to repeated 12 month+ highs, apparently anticipating that corporate profits will be off to the races again. Meanwhile, when we look at consumer spending, which is 70% of the economy, restaurant reservations, which are one of the easiest things for...

Some of Insider’s reporting, Justice Barrett and the courts wording, and my comments intermingled in this post. Amy Coney Barrett Might Have Undermined Student-Debt-Relief Lawsuit, businessinsider, Ayelet Sheffey On Thursday, Justice Amy Coney Barrett delivered the opinion in Haaland v. Brackeen, which challenged the Indian Child Welfare Act of 1978 allowing Native American children to remain with Native American families in custody battles....

trump obviously does not know when to shutup. But then, how do you punish an x-president? He is not the same as you or I who can be locked up with ease. Well today and as requested by the DOJ’s Jack Smith, a protective order was requested “limiting Trump’s access to evidence, in a move similar to what Manhattan D.A. Alvin Bragg” has done. This is being reported by Rolling Stone’s Nikki McCann Ramirez. Jack Smith is Moving to Muzzle Trump. The...

Real retail sales continue to suggest recession, decelerating employment gains  – by New Deal democrat The second of the three important datapoints this morning was retail sales for May. This is one of my favorite indicators, because it has several leading relationships, and is also an important component of one of the main data series that the NBER looks at in dating recessions. Nominally retail sales for May increased 0.4%. After adjusting...

I am XMilitary and my interpretation may not fit the scenarios described in these studies. If you know better, please explain your interpretation. This is not an easy topic to read. I was interested in the results of the studies and have read all of them. You have to wonder for them what happens a week later, a month goes by, a year drags on, and finally two or more years. The exposure to such situations will play over and over again for these...