The Angry Bear

I was just done with updating student loan data information and checked in at the Student Loan Justice Org site on Facebook to catch up on issues. One new development being Lisa Ansdell. Associate Director @ Casden Institute, USC has joined with Alan at Student Loan Justice Org. promoting Student Loan Debt Relief. Lisa Ansell is working with Alan Collinge and the Student Loan Debt Org. assisting Alan and the members of the organization in their...

Industrial production continues to falter in May  – by New Deal democrat My final update this morning is for industrial production, the King of Coincident Indicators, which has most frequently corresponded with peaks and troughs in economic activity as determined by the NBER. The news for total production was not good, as it declined -0.2% in May, and March and April were revised -0.2% lower each. It remains -0.5% below its recent peak last...

National Health Expenditure Projections, 2022–31: Growth To Stabilize Once The COVID-19 Public Health Emergency Ends, Health Affairs, National health expenditures are projected to have grown 4.3 percent in 2022, slower than nominal gross domestic product (GDP) growth of 9.2 percent, leading to a decrease in the projected health spending share of GDP from 18.3 percent in 2021 to 17.4 percent in 2022.1 However, over the course of the full...

Maybe you have been unaware of it, the repayment of student loans is to begin again come September 2023. President Biden had stopped all payments and interest accruing early on during the Covid Pandemic. Offering up reductions of ten to twenty thousand in reductions for outstanding loan was apart of the president’s plan. For many this would be adequate. However, there is a sizeable number of borrowers who owe far more than this amount. In many...

This is taken from Prof. Heather’s June 15, 2023, Letters from an American. It begs the question of why can there not be another New Deal for Americans? When he accepted the Democratic nomination for president in July 1932, New York governor Franklin Delano Roosevelt vowed to steer between the radical extremes of fascism and communism to deliver a “New Deal” to the American people.  The so-called alphabet soup of the New Deal gave us the...

Love of the Land and Community Inspired the Montana Youths Whose Climate Lawsuit Against the State Goes to Court This Week, Inside Climate News, Richard Forbes. For the plaintiffs in the first youth climate lawsuit to go to trial, finding their voice and inspiring others has been as much a salve for their climate grief as bringing their case to trial. Rikki Held headed southeast into the badlands, eyes fixed on the billowing smoke as it...

Initial and continuing claims edge closer to signaling recession  – by New Deal democrat There’s a blizzard of data this morning. I’ll report on retail sales and Industrial production later. But let’s start with initial jobless claims, which were unchanged this week at 262,000, the highest level in over 18 months. The 4 week average increased 9,250 to 246,750. Continuing claims, with a one week lag, increased 20,000 to 1.775 million:...

What is exciting about this op-ed is not just the topic but the writer Lisa Ansell. Ms. Ansell is the Associate Director at the Casden Institute for the Study of the Jewish Role in American Life. She definitely has the band width in adding to the fight for student loan relief for the 46 million students having no-way-out from predatory loans. Lisa is writing articles in support of Student Loan Justice Org. “I’m an independent. Here’s what...

“Sabotaging a nation’s future,” Infidel753 Blog, Infidel753 The government of India recently issued new guidance on schooling.  If implemented as described and made permanent, the changes will be disastrous for the country’s future. The theory of evolution — the core and basis of all modern biology and most medical science —  is to be dropped, except for the small minority of students who “major” in biology.  Some other key scientific concepts,...

June 13, 2022, Letters from an American, Prof Heather Cox-Richardson It was quite a chyron from CNN, marking the first time in the history of the United States that a former president has been charged with federal crimes. And in this case, what crimes they are: the willful retention, sharing, and hiding of classified documents that compromise our national security. Trump’s own national security advisor John Bolton said, “This is material that in...