The Angry Bear

The second question; Why do Repubs get to pick the judges they wish to appear before? And the third question? Why do Dems get whatever is available? I was thinking about this happenstance on Friday when I read trump would appear in Federal Court in Florida. And yes, trump appointee Judge Aileen Cannon came to mind. Here we are once again . . . How does Judge Cannon get to be the assigned to oversee the classified documents case against former...

Meanwhile, Trump is on the campaign trail busily trying to foment another insurrection/revolution a la Jan 6th. Can’t but still wonder if there isn’t something darker than the documents driving this desperation.

I can not tell you I worked remotely. It was always required I be in the building governing the operations of the facility. One of those 7AM to 7PM positions which also entailed calls from the other side of the globe at night. And then a trip back to the facility. The fun part were the trips globally to check out our associate facilities. I can understand the reasoning for working remotely. More gets done with less interruption. Google has...

Niagara Falls: Some things never change, Carbon Upfront, Lloyd Alter. In 1882 Oscar Wilde noted that “Niagara will survive any criticism of mine. I must say this, however, that it is the first disappointment in the married life of many Americans who spend their honeymoon there.” (Calling it the second disappointment is a misquote) I recently visited with my daughter Emma’s family, and not much has changed since 1882, or at least since my kids were...

“This success can translate to a more transformative and permanent paradigm shift for US energy policy, but the DOE’s success paves a clear path to future successes.” The SPR strategy being, “how long can the US hold out against a hostile Middle East?” The Saudis appear to favor trump over other US politicians. Maybe appeasing trump is easier than satisfying a real president focused on the nation they represent rather than himself and ego. In any...

Real business sales estimate: up 0.3% in April, but still below January peak  – by New Deal democrat Let me start today by re-upping this graph of the current state of the coincident indicators mentioned by the NBER as data that they track: As I wrote earlier this week, the two positives keeping the economy in expansion are real spending on services, and jobs. The other indicators are either flat or down from their peaks. In fact I’ve...

The issues being addressed in the second part of the Center for Healthcare Quality and Payment Reform or CHQPR ORG, report reviews what is causing small rural hospitals to close. Provided is also glimpse at a solution to fix and maintain small rural hospitals which can not maintain the necessary facility and service to local patients on their own. This is a patient-focused approach using a funding scheme designed to support the services patients...

Along with getting paid what you are worth is the story, you need a college degree in order to get paid more. That is kind of true if you complete higher education in a field which pays more. What if you do not pick the right field and you are burdened with debt? Your pay is low and it may take a decade, or two or even three to dump the student loan. And if you do not get a degree? Some education “may” be better than no education. The pay may be...

Initial and continuing claims: yellow caution flag reinstated  – by New Deal democrat Initial claims rose sharply last week, up 28,000 to 261,000 (an 18 month high). The 4 week average rose 7,500 to 237,250, still lower than its April peak. Continuing claims, with a one week delay, declined -37,000 to 1.757 million: When we had a similar spike a month ago, it turned out to be a artifact of mis-reporting by Massachusetts, so take this with a...

The End of Easy Money: Bankruptcy Filings Pile Up at Fastest Rate since 2010, Wolf Street, Wolf Richter. t’s turning into a banner year for corporate bankruptcy filings. Easy Money has caused all kinds of excesses, fueled by yield-chasing investors, in an environment where the Fed had repressed yields with all its might. Those yield-chasing investors kept even the most over-indebted zombies supplied with ever-more fresh money. But that era has...