The Angry Bear

Seems that gas, fuel, gasoline is being used as a marker to understand just how horrible we have it as a result of the current inflation. It’s just sooooooooooo terrible. I’ll just say this. As a marker of inflation and our personal economic experience all it shows is how terrible we are at remembering. Unfortunately for us, such a bad memory leads us to terrible voting decisions. Though, it does allow for easy emotional manipulation of the citizenry...

The Treasury yield curve has now almost totally inverted  – by New Deal democrat One of the few leading indicators not flashing red for recession has been the short end of the Treasury yield curve, which has been relentlessly positive – until now. While the 10 year minus 2 year Treasury spread has been negative for months, the 10 year minus 3 month had remained positive. But twice in the last two weeks the 3 month Treasury has yielded more...

Infidel753, Putin’s war comes home. For most of the duration of Putin’s invasion of Ukraine, the majority of Russians have either supported the aggression or at least not objected too energetically.  The war did not affect them much, except insofar as Western sanctions did.  That is now changing, thanks to Putin’s ill-advised and stunningly incompetent mass mobilization. Authorities are now simply grabbing men more or less at random off the...

Are North Korean Workers Going To Annexed Portions Of Ukraine?  Maybe. An October 21 report in NK Daily says so, with further speculation on this matter on blogs that cover North Korea. Supposedly Kim Jong Un agreed to this with V.V. Putin in their most recent meeting. The number supposedly to be around 800-1,000, with the NK Daily report saying that they have actually been selected. Russia, China, and North Korea somehow agreeing that having...

Yesterday I suggested that the CPC letter calling for Biden to negotiate with Putin was a mistake, and that it was at least partly motivated by a desire to strike a pose for the “utopian blame-America-first segment of the democratic base.” Events have moved quickly since then.  Rep. Jayapal, the head of the CPC, withdrew the letter.  She said it had been drafted over the summer and then released by staff without being properly vetted.  She...

The tide has now turned as to house prices Last month I wrote that the FHFA showed evidence that house prices had peaked, and that “since the FHFA has a tendency to turn slightly ahead of the Case Shiller index, this strongly suggests that a sharp deceleration in the Case Shiller index YoY will start within a month or two.”  That was borne out in this morning’s reports for August house prices. The FHFA purchase only index, which is...

October 25, 2022, Heather Cox Richardson, (substack.com). There are quotes, and then there are quotes. Tonight, in the debate between Democratic candidate John Fetterman and Republican candidate Mehmet Oz as part of their campaigns to replace Republican Pennsylvania senator Pat Toomey, who is retiring, Oz said he wanted abortion decisions to be made by “women, doctors, local political leaders, letting the democracy that’s always allowed our...

Quite a few varying articles in healthcare and other topics this week. Pfizer is hoping to make a killing on it mRNA vaccine, shots are approved for 6 months to five-years of age, Medicare Advantage plans, and Novartis is back again with a cancer drug. A COA has blocked student loan relief, lots of talk about housing being blown-up, etc. Is business struggling over the last two years? Read about GM’s spectacular 3rd qtr, 2022. The bottom 50% of...

Thinking about the election is depressing and anxiety provoking, so let’s focus on situation in Ukraine. Progressive Democrats ask Biden to negotiate with Putin This letter to Biden from some members of the progressive caucus is a big mistake, assuming the progressives want to save lives and prevent a genocidal Russian takeover of Ukraine.  Putin is losing his war and may lose his grip on power and his life; his strategy is to drag the war out...

November 1st is the start of the official 2023 ACA Open Enrollment Period (OEP) for anyone who needs quality, affordable healthcare coverage. Charles Gaba at ACA Signups has a very detailed rundown on what is happening this year. Because of President Biden, there have been improvements to the ACA. What I have done below is a brief rundown of Charles Gaba’s Open Enrollment post. It is not as detailed as his post. If you are serious about using the...