The Angry Bear

This could also be entitled; “leaving society largely intact” which is what the SCOTUS gang of six are selling to the rest of us. And to which a misquoted Lawrence Tribe exposes. Initially, I started at HuffPost and left feeling there must be more to this. I found it in another publicayion. Mary Papenfuss has this topic up at HuffPost, “Harvard Constitutional Law Expert Says Justice ‘Misleadingly’ Quoted Him in Roe Ruling” Saturday, and we find...

Robert Haveman, RIP, Econospeak, Barkley Rosser  Robert (Bob) Haveman died on June 18, aged 85.  He had been at the University of Wisconsin-Madison since 1970, when I first met him, where he served as Chair of the econ dept., director of the Institute for Research on Poverty, and also Director of the LaFollette Institute for Public Policy.  A very policy-oriented economist with a progressive perspective, he published widely on public finance,...

People in Democrat majority Michigan are Angry . . . Michigan Legislative Black Caucus offers scathing response (audacy.com) LANSING (WWJ) — The Michigan Legislative Black Caucus, spearheaded by Sen. Marshall Bullock, slammed the U.S. Supreme Court’s decision in the Dobbs v. Jackson Women’s Health case which effectively ended the constitutional right to abortion in the United States. ...

I do not know about you. It is hard not to get or be angry due to January 6 of last year, the constant barrage of garbage coming from Republican Congressional Representatives, and Senators of the same political ilk. We have found few to be redeemable. Then there is a Conservative, nope, call them Republican majority in SCOTUS who are hell bent on turning the clock back to when the original Constitution was first put into play over two hundred...

It’s hard to focus as I struggle through my second round of Covid, but a few thoughts on Roe. Compromise: Josh Marshall has been advocating loudly for the Democrats to run this year on a pledge to restore Roe.  Maybe this is their best strategy.  But they should consider a compromise along the lines I suggested earlier – 15 weeks of unrestricted access, and then abortion available when things go awry (fetal defects, threat to health of the...

In response to April’s dismal report, I wrote that “new home sales are heavily revised after the first report. It is not unusual at all for big monthly moves like this to suddenly look much less severe when the number gets revised one month later. I would not be surprised in the slightest if that happened to this month’s cliff dive, when next month’s report comes out.” That’s exactly what happened, as last month was revised higher by 38,000 to...

“Chaos Theory and The End of Roe V Wade,” Econospeak, Barkley Rosser Probably the most famous characteristic of chaotic dynamics is the phenomenon known formally as sensitive dependence on initial conditions, which is more popularly known as the “butterfly effect.” In such dynamics a small change in a starting value or a parameter value can rapidly lead to very different outcomes from what would have happened otherwise.  It was first clearly...

Tonight, I wish to pull a response from one of my favorite bloggers. It is a good read. I think you will enjoy it too after enduring all of the BS coming out of SCOTUS. Then there is the Republican caused national crisis. It is the proper response to both issues. “There is only one proper response to this travesty,” Hullabaloo, digby, on June 24, 2022 Vote out the right-wing miscreants digby; We can’t do much about the Supreme radicals...

Resurrecting the metric: initial claims lead the unemployment rate; no recession signal so far  Initial jobless claims declined -2,000 to 229,000 last week, vs. the 50+ year low of 166,000 set in March. The 4 week average rose from 4,500 to 223,500, compared with the all-time low of 170,500 eleven weeks ago.  Continuing claims rose 5,000 to 1,315,000, which is 9,000 above their 50 year low of 3 weeks ago: Initial claims have been in an uptrend...

It has been a while since I have listed news articles. Healthcare, Oil, and SCOTUS topics are dominating news today. Colorado is kicking of a Public Option. If successful, it will greatly benefit citizens there. Oil and gasoline are big issues. When taking into consideration inflation, the price today of a gallon of gasoline is less than in 2008. If you were to drive the speed limit, you would help create inventory which lowers pricing. Catch...