The Angry Bear

While I was away . . . Personal income and spending for September Real personal spending increased +0.3% in September, while real income increased less than 0.1%, rounding to unchanged: Since May 2021, after the last round of pandemic stimulus expired, real spending is up 3.3%; but real income is down -2.0%: Real personal spending had stalled in late spring and summer, but in the last two months – aided by revisions – has increased...

“Open thread October 28, 2022,” – Angry Bear, angry bear blog Tags: Open Thread November 1 2022

The destruction of the Congressperson occurs near the end of the first clip. In the beginning of the clip, Margaret Brennan is discussing various issues. She begins by building a foundation of statements. At the end, she asks why is he firing the weapon when stating we should fire Pelosi? I do not get the bravado of some of these “wannabes.” Margaret Brennan is right. GOP Rep. Tom Emmer actions incite others to violence. “CBS Anchor Margaret...

The Humiliation Of Hu Jintao  The recently completed onec-every-five-years Party Congress in China, which confirmed Xi Jinping for a third term as General Secretary of the party, punctuated his apparent assumption of essentially total power by humiliating his predecessor, Hu Jintao, in its final session. At the beginning, he was forced to leave the session, with two men clearly pulling on his clothing in a widely seen video to make him get up and...

Two posts are at the bottom of this one. Just talking about on-purpose emission of exhaust by pickup trucks which have had the emissions control devices altered. They did this to blow black exhaust out of their exhaust. This report on Treehugger is an update on how well the world is doing. Simple terms, it ain’t. The goal with the implementation of conditional NDCs, plus additional net-zero commitments, was to achieve a 1.8°C rise. The United...

“October 29, 2022“, Letters from an American, Prof. Heather Cox Richardson, (substack). “Democrats Aren’t Moving Left. They’re Returning to Their Roots.” The Democrats have been leftists for a long time, It took a while before they would come out as supporting Black America to the same level as White America. The column gives an accurate history of how civil war Republicans became the Democrats of today. This week, news broke that as a guest...

Weekly Indicators for October 24 – 28 at Seeking Alpha  – by New Deal democrat My Weekly Indicators Post is up at Seeking Alpha. Slowly even more indicators are deteriorating in several timeframes. As usual, clicking over and reading will bring you up to date on the economy, and bring me a little reward for my efforts. “New Deal democrat’s weekly indicators for October 17 – 21,” Angry Bear, angrybearblog....

“A global house-price slump is coming,” The Economist, edited. I find this article to be interesting although I do not agree with much of it. Prices are an issue; but so are interest rates. Much of the costs of housing can also be from house manufacturing waste. I was watching my new home being built. The scrap is horrendous. The do-overs because of a lack of critical path are numerous. Quality is inspected into homes and not built into a home. I...

Lifted from notes from David Zetland’s news letter Interesting Stuff: The sustainability challenge is not population as much as consumption. Me in 2009: “A sustainable economy is like a sustainable lifestyle: Minimize your consumption, put something away for a rainy day, and MAKE SURE that you are selling good quality at a good price.” NYT 2022: “By any standard, American lives have become excessive and indulgent, full of large homes, long trips,...

I bought a bottle of Belgian beer here in Rome. The guy behind the counter guessed I was from the USA (might have been my Joementum t-shirt) and said something which I now understand was “want a glass”. I said huh and he said “hai bisogna di un bichiere” so I said no. On my one block way home I saw 4 girls very cheerful about 6 to 8 years old. another with dad was arriving. They said that the had done “dolcetto/scherzeto” that is trick or treat....