The Angry Bear

The world economy is undergoing extreme changes that have been both generational as well as exacerbated by lack of investment, global pandemic and supply chain crunch. Logistical nightmare aside, the generational shift from the prosperity of the Baby Boomer generation in the West as well as the great readjustment in China post Mao and the post-Soviet boom of Russian Millennials have been long coming, but underforecast or appreciated. Turn of the...

An angry Attorney General Garland yesterday called former commander-in-chief trump’s bluff. In an unusual move, Garland asked the court to unseal the search warrant and the nature of the inventory of property(?) taken from Trump’s home. This came after heavy criticism by trump, Republicans, and also an attack on the Cincinatti FBI office. “trump himself broke news of the search, thereby shattering his own expectations of privacy, in order to...

In Vietnam, it was Agent Orange, PTSD, TBI, Malaria, etc. we were exposed to and many of us still suffer from the results. It took me about a year before I could sleep soundly next to my wife. You were just on edge. We did not get the recognition for issues beyond mine until much later. Too many of us ended up street-living. Minorities especially. Even this move by Congress for Iraq veterans comes too late. My nephew served a couple of tours in...

Just some ramblings of mine after looking at numbers . . . . Immigration, Population Replacement, Politics, and the Economy are what comes together to ensure national growth. I am going to talk each in no particular order to answer my own questions that come up from time to time. Voting patterns continue to change. I started to track three states only because of 2016. I was nosey to see if they were radical in changes. They are not and the...

July consumer inflation: a tale of two disparate trends  – by New Deal democrat Consumer prices were unchanged in July, as two very disparate trends canceled out one another. YoY prices increased 8.5%, below June’s multi-decade record of 9.0%: The two disparate trends are shown in the below bar graph of monthly changes since the end of last year. On the one hand, energy prices (red) declined -4.6% in July; but owner’s equivalent rent (gold)...

Basques In America  This is a bit of travelogue, as I mentioned previously I am on the road now at south end of Lake Tahoe on the Nevada side for the annual conference of the Society for the Advancement of Behavioral Economics (SABE). Earlier today I traveled east from the Tahoe area to Gardnerville, NV just east of the Sierra Nevada in the narrow area of the state where the first European settlers came in, a narrow strip that is not desert...

Both Dan and I put this assortment of articles from various sites showing up in our In-Box. Rearranged the articles according to subject. Hopefully, you find something of interest. Democracy “How to confront the growing threat to American democracy,” Tom Nichols – Niskanen Center, In September 1787, an onlooker is said to have asked Benjamin Franklin what kind of government he and the other delegates to the Constitutional Convention in...

Coronavirus dashboard for August 9: BA.5 dominant, with a slow waning; a model for endemicity  – by New Deal democrat  BIobot’s most recent update, through last week, shows a decline of 15% of COVID in wastewater, consistent with about 460,000 “real” new infections per day: All 4 Census regions (not shown) are participating in the decline. Confirmed cases (dotted line below) have declined by a roughly similar percent, to 105,500....

Inflation Reduction Act The Inflation Reduction Act drug price negotiation is small in returns, low in the number of drugs initially impacted, and slow to start. Ten drugs will be selected and the impact of the act begins in 2026. It rises to 20 drugs to be negotiated in 2029. The new act ignores European reference pricing and instead caps prices at a set discount of average U.S. prices. The act establishes an initial standard in which the scope...