The Angry Bear

Coronavirus dashboard for November 29: half of what you read about Omicron is wrong, but you won’t know which half for weeks, New Deal democrat As with any “Breaking News!” event, about half of what you read will be wrong. The problem is, nobody knows which item falls in which half. Recognizing that you need to step back a little bit and “wait a week” to see how the more breathless commentary plays out can save a lot of aggravation. In that...

As always, I am bloviating on a matter where I am not expert. I do sometimes wonder what the hell we should do with the strange human invention called intellectual property. It can be argued that it was a brilliant invention. For example the US Constitutional Convention wrote “To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;”...

And now what Sandwichman calls a frivilous post. The right-wing War on Wokeness has won over Seattle progressive Democrats . . . “because we can’t afford to give the GOP any ammunition for the 2022 election.” Democrats, who are famous for “keeping our powder dry,” are now concerned that their opponents may use the specter of wokeness against them unless they get out in front with hardy denunciations of wokeness. In other news, Susan Sarandon...

Blogger and Commenter RJS, 3rd Quarter GDP Grew at a 2.1% Rate, Revised from 2.0%; All on Inventories, No Real Final Sales The Second Estimate of our 3rd Quarter GDP from the Bureau of Economic Analysis indicated that our real output of goods and services grew at a 2.1% annual rate over the quarter, revised from the 2.0% growth rate reported in the advance estimate a month ago, as personal consumption expenditures grew more than was previously...

Robert Waldmann has some questions and thoughts! Hi Robert, AB upgraded the way we post now. (run75441). I am going to ask someone to engage your post who has far greater knowledge than I or anyone else has. He is a Professor of Biochemistry & Molecular Biology and participated in the Moderna clinical trials. I am fairly sure that I am going to regret this post. Also it will be extremely long with almost exactly zero overlap with any field in...

(Dan here…I missed this piece by AB contributor Linda Beale, January 28, 2020. There are a few more) by Linda Beale at ataxingmatter (https://ataxingmatter.blogs.com/) Everybody’s Talkin’ ‘Bout Taxes–especially Wealth Taxes and Mark-to-Market of Capital Gains Not surprisingly for those of you who are members of the ABA Tax Section, there is a meeting of that group next week in Florida when a thousand tax lawyers (give or take a few)...

 by New Deal democrat Weekly Indicators for November 22 – 26 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Despite the roiling of the financial waters (on thin trading, with all of the A-list movers and shakers away from their desks) on Friday, the underlying indicators for the economy in all timeframes remain generally positive. As usual, clicking over and reading will bring you up to the virtual moment about...

Blogger and Commenter Professor Joel Essenberg addresses Covid variants being called mutations. As a geneticist, I am troubled by the promiscuous use of the word “mutation” to describe amino acid or nucleotide differences from a reference sequence. In nearly all cases, there is no known functional significance attached to these differences. Accordingly, the differences are best referred to as “variants,” not mutations. I’ve had my genome...

An Intro and some history: Alan Collinge at Student Loan Justice Organization. Alan has collected 1,065,931 signatures on his petition asking President Joe Biden to cancel student loan debt. His new goal is to reach 1.5 million signatures. If you believe in the cause you should sign his petition. Petition · President Biden: Cancel Federal Student Loans, and Return Bankruptcy Rights to the Rest. · Change.org Just a signature is all Alan is...