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The Angry Bear

Wages and The Market

In the 19th century, employers stove off employee demands by bringing in immigrants willing to work under existing conditions. In the 20th Century, consequent the Great Depression, prohibition of child labor, immigration reform, … it was no longer so easy for employers to ignore workers demands. Unions took root and membership grew and so did the workers’ wages and benefits; welcome: the end of child labor, the 40 hour week, living wages, and paid...

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8th District Congresswoman Elissa Slotkin Answering Candidate Paul Junge on Healthcare

[embedded content]In a face off with Republican candidate Paul Junge, Congresswoman Slotkin lets Paul Junge know Republicans must have a healthcare plan as they don’t. In this clip she gives her personal story about her mom having cancer and being unable to get insurance at a reasonable cost or not at all. There are many more like Ms. Slotkin’s mom in the same category who are winging it so to speak. I for one was faced with the same dilemma from time to...

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Questions for Amy Coney Barrett

I would like to propose a set of questions for the Amy Coney Barrett confirmation hearings. I would ask about her interview with Donald Trump. 1) in the interview, did the president talk about himself at all ? Both answers are costly. We all know he did (he always does) so to answer no is to blatantly like. A yes answer leads to following questions (which I would ask in any case). Barrett will refuse to answer, saying the conversation should be private....

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Election Forecasting

Polls vs Polls plus. Rule number 1 of forecasting is do not quarrel with fivethirtyeight.com Rule number 538 is not ever. So here I go. I am going to start with the fivethirtyeight Senate forecast(s). (s) because there are three and an “pick a model” icon to toggle them. I like the “lite” just polls forecast. I like it because it estimates a 70% probability of a Democratic majority, while the “Classic” “polls, fundraising, past voting patterns and more”...

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Republicans and McConnell’s Lies

Nine Supreme Court vacancies in place during election years in SCOTUS’s post – Civil War era. It is simple, Republicans as led by McConnell lied to the American people. McConnell would call out to Democrats stating “the American voters” want truthful politicians. Has McConnell been truthful to “the American People?” 2016: McConnell’s Lies: “I believe the overwhelming view of the Republican Conference in the Senate is that this nomination should not be...

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Donald Boudreaux schools us on libertarian values

Trump Wednesday refused to commit to a peaceful transfer of power if he loses in November.  He is deliberately undermining confidence in the integrity of mail-in ballot results – mail-in ballots that are expected to favor the Democrats.  According to a report in The Atlantic, the White House is laying plans to actively steal the election: According to sources in the Republican Party at the state and national levels, the Trump campaign is discussing...

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All My Children

Though more different than alike, they do have a lot in common. All are, in some way, progeny of the microprocessor. Some were born in around Silicon Valley, others quite distant. The first generation was born in the US early in the last third of the 20th Century. The second was born near the end of the late 20th — early in the 21st Century. None of them could have been born in an earlier era. Microsoft* 1972, Apple*1976, and Oracle*1977, were...

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Review: Bad Blood

by David Zetland (originally published at One-handed economist) Review: Bad Blood I’d heard about this book — the story of the rise and fall of Elizabeth Homes and her company Theranos — long ago, but I only decided to read it when preparing readings for my course, The World of Entrepreneurs. I wanted to understand her case, as an example of the dark side of Silicon Valley —  not the side of “fake it until you make it” —  but the side of “lie to everyone,...

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Who Is Replacing Justice Ruth Ginsburg?

DAILY KOS’s Joan Mc Carter gives an excellent rundown on trump’s two dumpster candidates (Amy Coney Barrett and  Barbara Lagoa) for SCOTUS to replace Justice Ruth Ginsburg. Putting their names in the same  sentence as Justice Ruth Ginsburg’s should not diminish her but it does not preclude how low Repubs will stoop to achieve their goals as their power continues to diminish. Trump’s Supreme Court short list includes member of the sect that inspired the...

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