The Angry Bear

Upward trend confirmed in new jobless claims On a unadjusted basis, new jobless claims declined by 101,498 to 873,966. Seasonally adjusted claims also declined by 67,000 to 847,000. The 4 week moving average, however, rose by 16,250 to 868,000. Since the 4 week average has risen above 850,000, and weekly claims were above 900,000 for several weeks in a row, jobless claims have finally met my criteria confirming a change to an upward trend. Here...

Upward trend confirmed in new jobless claims On a unadjusted basis, new jobless claims declined by 101,498 to 873,966. Seasonally adjusted claims also declined by 67,000 to 847,000. The 4 week moving average, however, rose by 16,250 to 868,000. Since the 4 week average has risen above 850,000, and weekly claims were above 900,000 for several weeks in a row, jobless claims have finally met my criteria confirming a change to an upward trend. Here...

There are those who always raise the issue of “I paid for mine, you pay for yours. I know of no other debt created by borrowing money where the penalty is a life time of servitude and the means of retirement in Social Security is also attached too. Principal remains untouched and whatever money paid goes to interest atop of interest and penalties. By the time salary catches up and if it does, the interest and penalties have grown. Allen...

There are those who always raise the issue of “I paid for mine, you pay for yours. I know of no other debt created by borrowing money where the penalty is a life time of servitude and the means of retirement in Social Security is also attached too. Principal remains untouched and whatever money paid goes to interest atop of interest and penalties. By the time salary catches up and if it does, the interest and penalties have grown. Allen...

Coronavirus dashboard for January 25: a vaccination race against time vs. the new mutations  All of the significant economic data is backloaded this week, onto Thursday and Friday. So don’t be surprised if I take a day off between now and then.In the meantime, here is a Coronavirus update. First things first: the most ominous thing I’ve read about the new coronavirus mutations comes from Dr. Eric Fiegl-Ding, who says, quite bluntly, “We need to...

Coronavirus dashboard for January 25: a vaccination race against time vs. the new mutations  All of the significant economic data is backloaded this week, onto Thursday and Friday. So don’t be surprised if I take a day off between now and then.In the meantime, here is a Coronavirus update. First things first: the most ominous thing I’ve read about the new coronavirus mutations comes from Dr. Eric Fiegl-Ding, who says, quite bluntly, “We need to...

The Oregon Republican Party Issues a Condemnation  You have to read it to believe it.  An excerpt: Whereas history tells us that after George Washington appointed Major General Benedict Arnold to command West Point, Arnold conspired to surrender the fort to the British; andWhereas the ten Republican House members, by voting to impeach President Trump, repeated history by conspiring to surrender our nation to Leftist forces seeking to establish...

The Oregon Republican Party Issues a Condemnation  You have to read it to believe it.  An excerpt: Whereas history tells us that after George Washington appointed Major General Benedict Arnold to command West Point, Arnold conspired to surrender the fort to the British; andWhereas the ten Republican House members, by voting to impeach President Trump, repeated history by conspiring to surrender our nation to Leftist forces seeking to establish...

If ever there was a time for a Senate, and a House, Investigative Committee on anything, it’s now. The Nation needs, the world is waiting, history is begging, for such. This Nation, the world, wants and needs to know, to understand, what happened, how did it happen, and what should be done to prevent its happening ever again? What in the hell is going on in America? Oh ‘twould be nice to find another Senator Sam Ervin, a Lowell Weicker, …...

If ever there was a time for a Senate, and a House, Investigative Committee on anything, it’s now. The Nation needs, the world is waiting, history is begging, for such. This Nation, the world, wants and needs to know, to understand, what happened, how did it happen, and what should be done to prevent its happening ever again? What in the hell is going on in America? Oh ‘twould be nice to find another Senator Sam Ervin, a Lowell Weicker, …...