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The Angry Bear

August CPI: further important progress towards 2% YoY level, marred (only) by a surprise uptick in shelter

– by New Deal democrat August CPI, with the conspicuous exception of shelter, continued to come in tame. And the list of other “problem children” decreased by 1, as only food away from home (restaurants) and transportation services (motor vehicle insurance and repairs) remain. Let’s get the headlines out of the way:  – Headline CPI continued increased 0.2% for the month, and decelerated to 2.6% YoY, its best showing since February of...

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Another Perspective of the Harris-Trump Meeting

I was hoping Prof. Heather Cox-Richardson would comment on the Harris-Trump meeting. In her first sentence Prof. Heather states it all about Trump’s approach in meetings. She discusses Clintons and Biden’s foibles in the next two sentences. The following paragraph states it all . . . “how to counter Trump’s dominance displays while also appealing to the American people. “ Candidate Kamala Harris accomplished her mission last night with her...

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Last Night’s Debate (?) September 10, 2024

Robert Reich discusses the Trump – Harris debate or meeting last night (September 10, 2024). As expected, Kamala Harris was the adult in the room schooling Mr. Trump on how to be an adult. It still did not stop his outbursts and wandering off pursuing other avenues of attack. It was good to see the moderators take control when Mr. Trump did wander off. Something that was missing with the Trump – Biden meeting. The results of the meeting?...

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“pollution does not discriminate,” and if a regulating authority had to consider race in its enforcement decision making, it will “indeed participate in racism.”

A federal judge in Louisiana declares a state can not use race as a reason to reject a project which may cause pollution. Stating “’Pollution does not discriminate,’ and that if a regulating authority had to consider race in its enforcement decision making, it will ‘indeed participate in racism.’” The new ruling bars Louisiana from considering whether to permit industrial facilities in communities already facing a disparate impact from pollution....

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Carbon capture and storage is a fantasy — and taxpayers are footing the bill

A relatively long piece on Carbon Capture by Vox. It does touch on every topic concerning capture and storage. Oil companies sold the public on a fake climate solution — and swindled taxpayers out of billions by Amy Westervelt Vox This spring, Democrats wrapped up a nearly three-year investigation into the fossil fuel industry’s role in climate disinformation and asked the Department of Justice to pick up where they left off. In House...

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what happened to advocacy of a 4% inflation target ?

and of a 3% inflation target? There is some risk of recession in the USA because the FED insists on driving inflation down to 2%.  Oddly back in the naughts when inflation was persistently below the 2% target, there was more discussion of raising the target. Then IMF chief economist discussed it. Paul Krugman advocated it: “The basic point is that a higher baseline for inflation would make liquidity traps, in which conventional monetary policy...

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AZ – Best Build to Rent Single Family Housing Market

This is a brief introduction to the housing state of affairs in Arizona. It is building up quickly. Builders, declarants, and corporate HOAs have a great swath of control over what is occurring. None of which has controlling input from residents. What I am also seeing in the Planning and Zoning Commissions is ignorance on how these developments should be dealt with regard to lot sizes, roads, etc. They are more of a rubber stamp. These communities...

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No Improvements in Delivery Yet from DeJoy’s USPS Plan

Indeed, everything Postmaster DeJoy has done has slowed the USPS even more . . . USPS plans rural slowdown after election to cut costs, The Washington Post (archive.ph) Top U.S. Postal Service officials are considering plans to allow slower mail delivery in the coming months for long-distance and rural service to cut costs at the financially troubled agency — but not until after the election. The changes would give customers within 50 miles...

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Methane, the other greenhouse gas

About 15 years ago, we replaced our electric stove and range, which was breaking, with a gas stove and range. I prefer cooking on gas. In addition to the oven and cooktop, we had a gas furnace, water heater and clothes dryer. To be fair, >80% of the electricity in Missouri at the time was generated with coal.The problem with natural gas is that it is ca. 84 times more potent than carbon dioxide as a greenhouse gas, and there’s a lot of methane...

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Enforcing a Supreme Court Ethics Code

It is about time, Congress puts in place an ethics code for judges, Justices, and themselves. If you do not believe this is needed, read this: “Supreme Court Justices Accepted Hundreds of Gifts Worth Millions of Dollars,” Angry Bear. All told, the number of gifts FTC identified that were accepted by the current nine, plus the eight who’ve left the court since 2004 (Justices Rehnquist, Stevens, O’Connor, Scalia, Kennedy, Souter, Ginsburg and...

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