The Angry Bear

by David Zetland (originally published at The one-handed economist) Climate loss, grief and migration The climate we grew up with is leaving. International action to slow climate chaos is not really working. National action and market innovations are having some useful impacts, but they are far too few on the mitigation side and far too weak on the adaptation side. We are going to face consequences with weak defenses. When I moved to...

Open thread February 18, 2023, Angry Bear, (angrybearblog.com) Tags: open thread

At Infidel753 blog, author Infidel has a great commentary from February 14th. He discusses an “exhausted majority” making up America which has found the ongoing politics to be unacceptable, having checked out of either side of the battle. Granted, the politics of elections and the thereafter has turned into a mudslinging contest. The news media reporting has helped to bring it to a new low. People do not even want to listen to the 20 of the 30...

“I just want to read one of Uncle Jimmy’s quotes,” Kim Fuller said during the Sunday school morning service, adding: “Oh, this is going to be really hard.” She referenced this quote from Jimmy Carter: “I have one life and one chance to make it count for something. I’m free to choose that something. … My faith demands that I do whatever I can, wherever I can, whenever I can, for as long as I can.” Kim Fuller adds . . .“Maybe if we think...

The USPS Eagle spins S&DCs to postal employees, Save the Post Office, Steve Hutkins The cover story of the new issue of the Postal Service’s Eagle Magazine is “Re-Thinking Local Delivery.”  It’s all about the big, new, modern Sorting and Delivery Centers that will replace carrier operations at your local post office. The article has a graphic showing a delivery vehicle out on a route making stops at the ten benefits of the new network:...

AB: Think about it. How does SCOTUS decide on some far-flung theory rejected by the founding fathers. Repubs claim NC high court decision canceling “extreme gerrymander by the state legislature violating the state’s constitution” violated the “independent state legislature theory” (ISLT). AB: This was a preposterous contention that state legislatures, acting alone, without executive approval or judicial oversight, have the power to establish...

Weekly Indicators for February 13 – 17 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. There are two trends percolating under the surface. One trend is the continued slow decaying of growth in the coincident indicators. The other is the slow move towards turning neutral or positive among some of the long and even short leading indicators. No forecast at this point, but I am beginning to suspect...

Calculated Risk: MBA: “Mortgage Delinquencies Increase in the Fourth Quarter of 2022” calculatedriskblog.com, Bill McBride by Calculated Risk on 2/16/2023 01:42:00 PM From the MBA: Mortgage Delinquencies Increase in the Fourth Quarter of 2022 The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.96 percent of all loans outstanding at the end of the fourth quarter of...

This is a long one and a C&P. Other than putting it up at Angry Bear, I can not take credit for this one. What I can say is . . . they are not the first ones to accuse Supply Chain for much of the inflationary issues we have had as a nation. In 2008, automotive cut production and did not maintain orders with the supply base. When it started back up, we were chasing semiconductors, etc. Lead-times doubled. We have just gone through similar....

Just finished “Lenin’s Tomb” by David Remnick. The book’s subtitle is “The last days of the Soviet empire.” At ca. 550 pages, it might seem a lot of text to devote to a few days or weeks, but that’s not what the book is really about. Remnick shows us how the history of the Soviet Union as codified by the Bolsheviks and Stalin became the foundational myth that drove that society. In the face of daily evidence that the USSR was fundamentally a...