The Angry Bear

After going through a generation (baby-boomers) of supporting equal rights for “all” which includes women (later in the effort), Corporate America (in this case John Deere) is reversing its course. The stance is a “whatever will be, will be” and we will not make an effort to level the playing field. I was working on a cable scaffold about 20 stories up. A 20th floor window opened up and another worker with his canvas bag of tools stepped on the...

Potential Dem VP Pick Comes After JD Vance by Kathryn Rubino Above the Law Well, Joe Biden is out of the 2024 race for president. Dems have seemingly coalesced around Kamala Harris for the top of the ticket, leaving the political speculation to focus on who will be the Democratic Vice President candidate. There are plenty of qualified options out there, each bringing their own pluses and minuses to the equation. One tantalizing option...

Existing home market inventory and prices move slowly towards normalization, while sales remain punk  – by New Deal democrat Since existing-homes sales are less important for economic purposes, and especially with new home sales being reported tomorrow morning, I will keep this brief. What we are looking for is rebalancing in the housing market. For that to happen, we want the inventory of existing homes to increase, prices to stabilize, and...

by Tom Walker Econospeak Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.2 Published in 1821, The Source and Remedy of the National Difficulties was a major influence on Marx’s analysis of ‘disposable time.’ In an 1851 notebook, Marx logged a 1000 word summary of the pamphlet. He also discussed it extensively in volume 3 of Theories of Surplus Value. His discussion of disposable time in a section of...

It appears that the democratic nomination contest is wrapped up.  People are voting with their wallets.  Pelosi and Obama at one point appeared to favor some kind of competitive process, but Pelosi has evidently thrown her support behind Harris.  Potential rivals are all standing down. Ezra Klein is still making the case for an abbreviated nomination contest.  His strongest points are that we will learn something about Harris by having her compete...

2020 Census: 1 in 6 People in the United States Were 65 and Over, MAY 2023 Added a chart from the Census Bureau to emphasize the point of an aging population. There are a whole lot of us who are just a few years behind Joe Biden, and society isn’t ready for it. What happens when the young-old get old-old by Lloyd Alter Carbon Upfront I was thinking about getting old this weekend, and not just because of Joe Biden. I was at a...

I had presented Part I and Part II a while back. Part III was difficult to present in a piece-meal way so for now I have set it aside. What is interesting about Part IV is I can beak it apart into segments, still maintain the flow of informatio, and present it in a logical manner. Bear with me. By the time we get to the end, I believe you will be able to piece this together too. In Part IV . . . What Antonio is doing in Part IV is laying the...

Biden’s legacy: a Summary by Noah Smith – an introduction to Noahpinion Noahpinion Joe Biden announced today that he won’t seek reelection for President. We don’t yet know who will replace him, but we know Biden’s tenure in office will soon end. Now is the perfect time to talk about Biden’s legacy as America’s 46th President. How Presidents are judged by history is a complicated question, and I don’t have much confidence in my ability...

by Tom Walker Econospeak Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.3  Inversion Marx stated repeatedly in the Grundrisse that capital inverts the relationship between necessary and superfluous labour time. Capital both creates disposable time and expropriates it in the form of surplus value, reversing the nature-imposed priority of necessity before superfluity and making the performance of...

Morning . . . One other factor I believe you may have missed (too many factors). The 2017 Tax Cuts and Jobs Act did not pay for itself over the last 10 years. Just a small matter of it passing using Reconciliation which insists it pay for itself (being redundant here). The repeal of it impacts those in the upper 10% (or more) of the taxpayers and more so the 1 percenter who make up a million (taxpayers) or slightly more taxpayers having income...