The Angry Bear

Focus on Fracking: gasoline supplies lowest since November 2017 despite​ gasoline production above prepandemic levels; Focus on Fracking, Commenter and Blogger RJS US oil data from the US Energy Information Administration for the week ending October 29th indicated that after a modest increase in our oil production and only minor changes to our oil imports, our oil exports, and our refining, we had surplus oil to add to our stored commercial crude...

Kind of a surprising take on a potentially new Corps being touted in “The Hill” article. The Corps announces a new plan signaling changes to recruitment and retention by targeting individual talents rather than gathering volumes of younger personnel, who are very trainable, training them in an MOS, and making them fit the model of a Marine. I had a promise of a pretty good career if I stayed and re-enlisted. College, OCS, a good MOS, and a chance...

Kind of a surprising take on a potentially new Corps being touted in “The Hill” article. The Corps announces a new plan signaling changes to recruitment and retention by targeting individual talents rather than gathering volumes of younger personnel, who are very trainable, training them in an MOS, and making them fit the model of a Marine. I had a promise of a pretty good career if I stayed and re-enlisted. College, OCS, a good MOS, and a chance...

Appears that Parents’ Rights is the Republican Party’s latest wedge issue. My how they do love wedge issues. And, this one goes so well with their States Rights. Lot in common, the two. States’ Rights allowed a state to keep doing the same old. Parents’ Rights give parents the right to appropriate their child’s life. Or, do they? What about Children’s Rights? When does the child’s thoughts, life, become their own? For some parents, that would...

Appears that Parents’ Rights is the Republican Party’s latest wedge issue. My how they do love wedge issues. And, this one goes so well with their States Rights. Lot in common, the two. States’ Rights allowed a state to keep doing the same old. Parents’ Rights give parents the right to appropriate their child’s life. Or, do they? What about Children’s Rights? When does the child’s thoughts, life, become their own? For some parents, that would...

MarketWatch 666: Commenter and Blogger RJS; October’s jobs report; September’s trade deficit, construction spending, and factory inventories, et al Major economic reports that were released the past week included the Employment Situation Summary for October from the Bureau of Labor Statistics, and three September reports that included metrics which were either estimated or included in last week’s release of 3rd quarter GDP: the Commerce Dept...

MarketWatch 666: Commenter and Blogger RJS; October’s jobs report; September’s trade deficit, construction spending, and factory inventories, et al Major economic reports that were released the past week included the Employment Situation Summary for October from the Bureau of Labor Statistics, and three September reports that included metrics which were either estimated or included in last week’s release of 3rd quarter GDP: the Commerce Dept...

Money Illusion in the Twenty-First Century The starting point for any consideration of inflation is that wages (and interest, profits, and rents) are prices.  Every transaction has two sides, and one person’s price is another’s income.  In the aggregate, leaving aside international complications, inflation can’t have either a negative or positive effect on aggregate real income.  After this, you can explore issues of distribution, inflation’s...

Money Illusion in the Twenty-First Century The starting point for any consideration of inflation is that wages (and interest, profits, and rents) are prices.  Every transaction has two sides, and one person’s price is another’s income.  In the aggregate, leaving aside international complications, inflation can’t have either a negative or positive effect on aggregate real income.  After this, you can explore issues of distribution, inflation’s...