The Angry Bear

In the second part of this “Letters from an American,” Prof. Heather talks about the violence being exhibited by trump-supporters. One man was killed after attacking the Cincinatti FBI office. That is a death wish in itself. Those people do not miss. As many conservatives speak out against the raid, not to mention past opponents such as Andrew Yang, the daughter of former VP Richard Cheney only dug her heels in deeper on her anti-Trump stance....

As you “should” know by now, Alan Collinge is an activist and has organized the Student Loan Justice Org a number of years ago. The Organization attempts to represent those student loan borrowers who have no recourse for forgiveness or bankruptcy as every other person in the nation has when taking out a loan? Alan and his thousands of followers having gathered well over 1 million signatures on a petition seeking relief from these loans. The...

Weekly Indicators for August 8 – 12 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Gas prices continue to be the dominant driver of changes in the current situation. As usual, clicking over and reading will bring you fully up to date on the economic nowcast and forecast, and also reward me a little bit for my efforts. ...

A lot has been said about building semiconductor manufacturing plants in the US. One plant grows the silicon wafers and the other plant fabricates (fabs) the semiconductors. The manufacture of semiconductors is not labor intensive. Growing wafers is boring business as one engineer told me a decade back. The US did manufacture much of its need domestically at one time (see graph at the left). However, U.S. policymakers held tight to the belief...

One woman’s efforts which made a difference in bringing Social Security into a reality. This was up tonight at Prof. Heather’s “Letters from an American.” August 14th, then President Roosevelt signed the Social Security Act into law. “August 14, 2022 – Letters from an American,” Heather Cox Richardson (substack.com) Since it seems clear we will be deciding whether we want to preserve the Social Security Act by our choice of leaders in the next...

Russian Central Bank Head May Be Out  This is the first English language report of this, as near as I can tell after some serious googling, but it is all over a lot of pretty serious Russian sources. Reportedly, Elvira Naibiullina, Head of the Russian Central Bank, left her position this past Tuesday or thereabouts.  It is unclear if she resigned or was fired, although the hints seem to be the latter. The buzz is that she is going to be made a...

This showed up on Facebook. Some guy by the name of Daniel Becker posted it as a commentary there. It is actually pretty good. A type of reverse logic. There is probably a name for this writing style, It eludes me right now. Enjoy on a Saturday . . . yes? It is simple, no hard thinking. No Martin Heidegger’s alethetical idea of truth to be determined here. “The Shovel’s view on the Donald Trump FBI raid” | The Shovel We are certainly no fans...

The long leading outlook through mid year 2023 at Seeking Alpha I posted the long leading outlook this last week at Seeking Alpha, and seeing as there is no big economic news today, this might be a good day to bring you up to speed. My long leading outlook for 12 months from now can be found by clicking here. These indicators have been sufficiently negative that I am actually looking to see when they begin to forecast a positive outlook...

JAMA Network “How Do Commercial Insurance Plans Fare Under Proposed Prescription Drug Price Regulation?” Rena M. Conti, Richard G. Frank, Len M. Nichols December 2021, this article came out detailing Medicare negotiating directly with pharmaceutical companies and the impact of the negotiation on people insured by commercial plans. That is if commercial insurance plans were included in the price reductions given to Medicare. We are going to see how...

Are we about to get an answer as to why Trump was so desperate on Jan 6, 2021?