The Angry Bear

Imagine a world where 70% of the 7.4 billion population lives in its developing countries. Imagine a world where more than 70% of the population is considered to be of low income. Imagine a world where, in one continent alone, most of that continent’s 1.2 billion population live in its underdeveloped nations. Now imagine raising the living standard of all these people to first world standards. Imagine how much energy it would take to provide them just the...

by Joseph Joyce 2020 “Globie”: The Carry Trade It is time to announce the recipient of this year’s “Globie”, i.e., the Globalization Book of the Year. The award gives me a chance to draw attention to a book that is particularly insightful about some aspect of globalization. This year’s winner is The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis by Tim Lee, Jamie...

Barkley Rosser, Econospeak Blog, “Is Trump Going To Attempt A Coup?” I realize that Joe Biden just held a press conference where he basically dismissed the refusal of Trump and a lot of other Republicans to concede the presidential election to Biden as “embarrassing,” laughing at Secretary of State Pompeo who earlier today talked about a transition to a second Trump term, and said it will all be over and fine by Jan. 20. Maybe, but I am somebody who has...

[embedded content] Friday, November 20, 2020 3:00 PM (EST) Student Loan Debt Crisis Panelists include: PAUL GRONDAHL – Director New York State Writers Institute (host) MATT TAIBBI – Author, Rolling Stone Magazine, Reporter (moderator) Michael J. Camoin – Videos For Change Productions, SCARED TO DEBT (filmmaker) ALAN COLLINGE – Founder of StudentLoanJustice.Org (activist) CATHERINE AUSTIN FITT – Investment Advisor (former Sallie Mae ) THOMAS BORGERS – Wall...

Project Perjury The Washington Post has a story about the Erie, Pennsylvania postal worker who claimed to not have not recanted his fantasy about overhearing a conspiracy to backdate ballots. For some unknown reason Project Veritas thinks the audiotape of the postal worker’s interview with investigators from the Post Office Inspector General’s proves the opposite of what it does. There is no coercion in the interview. The investigators repeatedly advise...

This update from XPOSTFACTOID showed up in my inbox. If Roberts and Kavanaugh continue on the same path they have started out on initially, it appears the case brought about by Texas make fail. Briefly, here are some points made. November 10 in oral argument; California v. Texas  Roberts appears equally skeptical about this argument from intent. In oral argument yesterday, Kyle Hawkins, arguing for Texas, made the case: “I think it’s critical that, in...

First, look at the political make up the states from where all the noise of voter fraud is coming. These states have: Republican legislatures as determined by Gerrymandering. A trifecta (possibly) which is a Republican Governor and legislature. A historical turnout of voters in 2020. A higher turnout of Democratic voters than Republican. A reversal of votes from Repubs to Democrats historically or from 2016 to 2020 (MI, WI, and PA) Had a normal percentage...

Peter Dorman, Economics professor at Evergreen State College has been posting at Angry Bear blog from time to time. His latest “The Language of Slavery” was published at Econospeak, November 9, 2020. Peter’s commentary draws from a NYT  article – “Alexander Hamilton, Enslaver?”  which differentiates between slave owner and enslaver as a “part of the larger movement to make politics a matter of individual responsibility.  Slavery was a horror, and this...

Coronavirus dashboard for November 9: Wow (and not in a good way) US total infections: 9,968,155* US average last 7 days: 108,737 US total deaths: 237,570 US average last 7 days: 939 *I suspect that the real number is about 16 million, or about 5% of the total US population Source: COVID Tracking Project While we have been riveted by the 2020 election, the pandemic has continued to rage out of control in parts of the US, particularly in parts of the...