The Angry Bear

Not the Northwest, but still…Massachusetts is Cooking too!

Coronavirus dashboard for June 28: comparisons with one year ago as “delta” spreads Let’s begin this installment with a look at vaccinations by county from a different source that a reader pointed me to last week, COVIDactnow:  The urban/rural and Red State/Blue State divides are pretty obvious. Conor Kelly (whose work I was highlighting one year ago) also has a more detailed breakdown: He notes that income level also...

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“Could it be a better result? By this, I mean should there really have been an extreme shortage and long lead times?” A fellow writer was an engineer at OnSemi. As he stated once, his job was watching the crystals (future “wafer material) grow. More coming on this comment shortly. You will not be experts (I am not either) in the process. Hopefully, you will understand why the issues associated with manufacturing semiconductors are questionable. I...

RJS at Marketwatch 666 reviews oil and natural gas pricing, June 28, 2021 Oil Pricing Oil prices set a new 32 month high for a fifth consecutive week, as negotiations to lift Iranian sanctions broke off and US crude supplies fell more than was expected for a fifth straight week. After rising 1% to $71.64 a barrel last week on rising demand and falling supplies, the contract price of US light sweet crude for July delivery opened lower on...

Oedipus Marx and the Chimera of Socially Necessary Labour Time Karl Marx: “Pamphlet No. 1 ends with the statement: ‘Wealth is nothing but disposable time'” No, it doesn’t.  The pamphlet Marx cited was The Source and Remedy of the National Difficulties. The phrase, “wealth . . . is disposable time, and nothing more,” appeared on page 5 of the 40-page pamphlet. On page 6, the pamphlet’s author asked, “Why then is it that no existing...

Sunday, June 20, 2021 at 8:49 AM First Comment Facebook Moderator who did not allow feedback to their comments to me. About your comment. No one else can see your comment.Facebook Moderator on June 20,2021 8:49AM Bill Haskell I am addressing Ada Gardiner’s comment on Facebook: Where do we begin to this rant?– We were scheduled to leave Iraq and were asked to leave Iraq.– Invading Iraq was a huge mistake and done under false...

by New Deal democrat Weekly Indicators for June 21- 25 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. All of the important metrics for the economy remain positive. But, in addition to supply chain issues, we have to start worrying about COVID again, because the delta variant has now taken hold in up to 8 States with rising new cases. All of those States have fewer vaccinations per capita than the national average, and...

New jobless claims stall, adding to the evidence that stalling vaccinations and case counts are having an economic effect New jobless claims have been the most important weekly economic datapoint this year, as they have correlated strongly with vaccination progress. Unfortunately, that progress has largely stalled in the past month, and now new jobless claims appear to have stalled as well. This week new jobless claims declined 7,000 to...