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The Angry Bear

(Thirty) Two-Bit Pieces of Silver

None so indignant as the scoundrel. -mois Long ago and far away on a Pie-Supper Night at a one-room schoolhouse, the auctioneer cried, “I’ve got two, who’ll give me four? Now, I’ve got four, who’ll give me six?” Two, four and six bits that is. Stock market still works with the fictional one-eighth dollar. But little later on, up in #2 on the good ship, GM2 Cross told those of us there that day...

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(Thirty) Two-Bit Pieces of Silver

None so indignant as the scoundrel. -mois Long ago and far away on a Pie-Supper Night at a one-room schoolhouse, the auctioneer cried, “I’ve got two, who’ll give me four? Now, I’ve got four, who’ll give me six?” Two, four and six bits that is. Stock market still works with the fictional one-eighth dollar. But little later on, up in #2 on the good ship, GM2 Cross told those of us there that day...

Read More »

Well, Its About to Become Worse – Update

Economist and Farmer Michael Smith Introduction Well, Its About to Become Worse as Urea prices jumped to a record strong demand creating supply shortages. Food prices to increase . . . And the Details I was recently sitting on a conference call with a fertilizer analyst and a bunch of monocrop growers, generally feeling out of place with my few dozen pounds of peppers, cucumbers and radishes sitting in cold storage while they go over...

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Well, Its About to Become Worse – Update

Economist and Farmer Michael Smith Introduction Well, Its About to Become Worse as Urea prices jumped to a record strong demand creating supply shortages. Food prices to increase . . . And the Details I was recently sitting on a conference call with a fertilizer analyst and a bunch of monocrop growers, generally feeling out of place with my few dozen pounds of peppers, cucumbers and radishes sitting in cold storage while they go over...

Read More »

September Income and Outlays, Durable Goods and New Home Sales

Commenter and Blogger, RJS MarketWatch 666 3rd quarter GDP, September’s income and outlays, durable goods, & new home sales The key economic reports that were released this week were the 1st estimate of 3rd quarter GDP and the September report on Personal Income and Spending, both from the Bureau of Economic Analysis ….the week also saw the release of the advance report on durable goods for September and the September report on new home...

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September Income and Outlays, Durable Goods and New Home Sales

Commenter and Blogger, RJS MarketWatch 666 3rd quarter GDP, September’s income and outlays, durable goods, & new home sales The key economic reports that were released this week were the 1st estimate of 3rd quarter GDP and the September report on Personal Income and Spending, both from the Bureau of Economic Analysis ….the week also saw the release of the advance report on durable goods for September and the September report on new home...

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Theft of alien labour time is a miserable foundation

Theft of alien labour time is a miserable foundation In the early 1980s, I was riding home from work on a bus and looked out the window at a Toyota pickup truck alongside. I was overwhelmed by the realization that I could never in my life make such an object by hand, even if I had a well-supplied metal workshop. From that perspective, how could I hope to own such an item? I did own a Volkswagen Rabbit but somehow the pickup truck made more of an...

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Theft of alien labour time is a miserable foundation

Theft of alien labour time is a miserable foundation In the early 1980s, I was riding home from work on a bus and looked out the window at a Toyota pickup truck alongside. I was overwhelmed by the realization that I could never in my life make such an object by hand, even if I had a well-supplied metal workshop. From that perspective, how could I hope to own such an item? I did own a Volkswagen Rabbit but somehow the pickup truck made more of an...

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Thoughts on Virginia governor’s election

(Dan here…from Wednesday, Nov.3) About last night I was going to write about motor vehicle sales (not good), but FRED is down for maintenance. I might put something up later whenever the site comes back online.  In the meantime, because a few people have asked me offline what I make of last nights results (at least in Virginia), so herewith is my take. Virginia turned out about exactly how I expected. The RWers are as pi**ed as...

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