The Angry Bear

In the Paul Krugman vs. Nate Silver cage match, I’m on Team Nate Prof. Paul Krugman and Nate Silver got into a dust-up earlier this week about why so many voters seem to have soured on the Democrats. So that you don’t have to go digging through all the Twitter detritus, Alternet has a good write-up copying all the relevant tweets. (Apparently, the two have been at odds at least since 2014, when Five Thirty-Eight left The NY Times and went to ESPN;...

The Obsolescence of Nostalgia As the crow flies, it is around 200 kilometers from Michilimakinac, where Kandiaronk’s Wyandot people settled in 1671, when he was around twenty years old, to Tehkummah on Manitoulin Island where Isabel Paterson was born 215 years later.  It gets even cozier because the Wyandot had been displaced from the south shore of Georgian Bay by the Iroquois Five Nations, who around the same time also displaced the Oddawa,...

Commenter and blogger Ten Bears at Homeless on the High Desert had a post-up a couple of days ago depicting issues in Oregon with regard to a high risk for violence. Crooks and Liars picked up Ten Bears post a few days ago the same as Angry Bear is doing today. As Ten Bears comments, it looks like the far right is exercising greater influence over the direction the Republican Party is taking in Oregon. Similar is occurring in Michigan with the...

I am interested in inflation expectations (acting like a macroeconomist for a change). In particular I am thinking about something Brad DeLong just tweeted. He says his subjective probability of sustained inflation due to expected inflation causing current inflation is still just 40% Why “.only a 40% chance …? Because bond markets expect the Fed to get inflation down to 2% not in the short run of next year but in the medium run of three...

 by New Deal democrat Weekly Indicators for April 4 – 8 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. After several weeks of tightening and then inversion, the yield curve in the US Treasury market un-inverted in a big way this past week – via higher long term rates which drove mortgage rates above 5%, which will have a decidedly negative effect on housing. As usual, clicking over and reading should be educational for...

April 2019, I wrote on the topic of A Woman’s Right to Safe Healthcare Outcomes as asked by one organization a woman at ConsumerSafety.Org. It took me forever as I had to acquire greater understanding of the issues. In the end it was well received even though I did not feel it did the topic justice. At the time I noted, commercial healthcare insurance, the ACA covers Postpartum care up to one year. Medicaid covered Postpartum cover after...

One Federal Judge ruled against the Administration using Title 42 to expel families due to Covid. Another Federal Judge said children can not be exempted. A different Federal Judge wanted weekly reports. Meanwhile, the state of Texas is filing more challenges to the stopping of expulsion. Arizona is also asking for the expulsions to continue. Advocates for immigrants are asking for expulsion to be stopped due to humanitarian reasons....

If readers are wondering what is the US doing to alleviate the rising prices of oil during the pandemic and the Russian invasion, RJS has written a good summation of what is going on in the US and where we might be during the drawdown of the SPR. It is dense reading due to the detail. RJS’s Summary; US oil supplies at a 14-year low; SPR at a 19½ year low; distillates exports at a 21 month high; total oil + products exports at a 2 year high The...

This week at the Ronald Reagan Presidential Library Justice Amy Barrett acknowledged expected court decisions on reproductive rights and gun control would be seen through a political lens and may lead to division. The Justice urged people to read the decisions and understand their decisions are based on law and their interpretation of the Constitution. Justice Amy Barrett; ” judges, or Justices in this instance, are not deciding cases to...

The ‘House Select Committee to Investigate the January 6th 2021 Attack on the United States Capitol’ plans to open its hearings to the public sometime in May. Then, we are sure to learn a lot more about then President Trump’s role in the lead-up to the insurrection. Until then, given that he didn’t seem to relish performing the job itself and wasn’t very good at it, we are left to ponder just what it was that made him and his cadre so desperate to...