The Angry Bear

So, Whatever Happened To The Arizona Fraudit?  Even though these “audits” are now apparently spreading to other states, notably Pennsylvania and maybe Wisconsin, efforts to somehow find election fraud in the presidential elections in those states in 2020, there is an odd thing that has happened that has basically dropped off the media radar screen. That is what the outcome of the initial one of these is, the “fraudit” in Arizona, authorized and...

“The Justice Department moved on Thursday to block a bankruptcy plan that grants broad legal immunity to the pharmaceutical company Purdue Pharma, whose drug OxyContin has been at the heart of the nation’s opioid epidemic. William K. Harrington, the U.S. trustee for the Justice Department, filed a motion in federal court to halt confirmation of the settlement while the department appeals the judge’s decision to approve the deal. In writing...

Debt Ceiling Nonsense Yet Again – A Catch 22?  Of course, there should be no debt ceiling.  The US is the only nation to have one for absolute amounts of money (some other nations have ones tied to percents of budgets, and so forth). Even though it is nonsensical and absurd, it has been around for over a century, a recrudescence of a deal to get funding approved by Congress for WW I in the wake of the passage in 1913 of the new amendment allowing...

Tags: open thread

The events are akin to the film Seven Days In May with a role reversal detailing a rogue General instead of President. Seven Days in May begins with a riot in front of the White House. It’s the late 1960s and U.S. President Jordan Lyman (Fredric March) has recently signed a nuclear disarmament treaty with the Soviet Union. Now, demonstrators for and against the treaty are coming to blows. The populace is afraid. The military-industrial complex...

Prof. Joel Eissenberg, Biochemistry and Molecular Biology Arguably *the* transformative scientific innovation of the past two years was the development and deployment of mRNA vaccines against SARS-CoV-2. But like any innovation, there is a long unsung history, with lots of players nobody heard of. Since the Nobel Prize in Medicine is likely to go to mRNA vaccines next month, there’s plenty of chatter about who will be named (maximum of three)....

In prior posts, I argued that Australia’s covid policy can be criticized, but that it cannot simply be dismissed on the grounds that it is “authoritarian”.  Here I will argue that some criticism of Australian covid policy has a distinct and troubling anti-democracy flavor to it. Tyler Cowen argues that Australia should be investing in rapid testing and pushing harder on vaccines and treatments.  Fair enough, especially on vaccines.  But then he...

Coming to a Close?, Quartz, Michael J. Coren & Clarisa Diaz Quartz has an article up on Carbon emissions which I found interesting. It is explaining why natural gas prices are increasing. Taking from the Quartz article, a few segments. The price of carbon has never been higher. In April, a metric ton of carbon in Europe traded above $50 for the first time, kept rising, and smashed through the ceiling set over the last decade. Global carbon...

Focus on Fracking: natural gas prices at a 7 1/2 year high; US crude supplies at a 23 month low, gasoline supplies at a 22 month low, Blogger RJS Natural gas prices also rose during the holiday shortened week as three-fourths of Gulf production still remained shut in as the weekend approached . . . after rising 7.8% to $4.712 per mmBTU last week on an unseasonably low inventory build while hurricane Ida disrupted both production and exports, the...

Industrial production now exceeds pre-pandemic level Industrial production, the King of Coincident Indicators, was reported this morning for August and was positive in a particularly significant way. Total production increased 0.4% in August, and the manufacturing component increased 0.1%. Nothing particularly special about that; in fact the manufacturing component was a little weak compared with most recent months. Additionally, the July...