Summary of initial polling: Overwhelming agreement that officers should be fired Strong agreement with murder charges Majority agreement that policing is biased against blacks Majority support for protesters Concern about violence and looting, support for curfews and use of National Guard, and even military Trump net 17 point disapproval of handling of situation My takeaways – 1) there is real hope for progress here if the protests remain largely peaceful...
Read More »Using insurance to improve policing
There are two insurance-related police reform ideas being discussed. One approach focuses on municipal liability insurance. Many municipalities do not purchase liability insurance to cover lawsuits against officers, instead choosing to self-insure. This is potentially a problem because insurers actually play an important role in loss control. They provide information and services related to procedures, training, the risks posed by individual officers,...
Read More »Has Trump Created A Praetorian Guard In Washington?
Has Trump Created A Praetorian Guard In Washington? President Trump has already shown his Orwellian tendencies by giving a speech on Monday in the Rose Garden in which he declared his “respect” for peaceful protesters at the very moment that forces ultimately responding to an order by Trump violently attacked peaceful protesters in front of the White House to remove them from Lafayette Square, as well as priests and parishioners from the patio of their...
Read More »Pure Coincidence
Shot: Protecting Your Business From Legal Liability During Reopening May 15 @ 11:00 am – 12:00 pm In this brief 30-minute webinar, we will step business owners through the liability concerns when reopening following the COVID-19 shutdown. Bobbi Berkhof will inform entrepreneurs why following local, state, and federal recommendations may help protect the business from lawsuits, potentially stemming from employees and customers. Chaser: Or, in table form:...
Read More »Jobs Report Not Really All That Surprising
Jobs Report Not Really All That Surprising I am a bit taken aback at how shocked so many are about the new jobs report showing that net hiring in May was positive. For regular readers here I have made several posts here noting that the US economy was almost certainly growing, probably for at least a month. The most recent was my one a few days ago on Rising Oil Demand, and an earlier one, where I was vaguer about the US economy, was the one on Rising...
Read More »Weekly Indicators for June 1 – 5 at Seeking Alpha
by New Deal democrat Weekly Indicators for June 1 – 5 at Seeking Alpha My Weekly indicators post is up at Seeking Alpha. The interest rate-sensitive long leading indicators largely turned positive as soon as the coronavirus crisis hit. As lockdowns have eased, several of the short leading indicators have also now turned – or at least are a lot less awful. If the easing up and/or the huge protests result in a surge of new coronavirus cases, that could...
Read More »Global Oil Demand Rises
Global Oil Demand Rises Back on April 20 we saw briefly the bizarre appearance of negative oil prices in certain markets. Today for the first time in many months Brent crude briefly topped $40 per barrel, although it fell back below that level (WTI is tending to be about $3 behind it, despite a single day recently when for the first time in years it nearly matched Brent crude at only 18 cents lower). However, it looks like the recent trend of global oil...
Read More »The 2.5 million employment gain in perspective
The 2.5 million employment gain does not look too impressive from this perspective.
Read More »Looking Down Right Now
“Ryan is looking down right now, and you know that, and he is very happy, because I think he just broke a record.” “Hopefully George is looking down right now and saying this is a great thing that’s happening for our country,” Trump’s cynical invoking of George Floyd yesterday has a history that explains what he imagined he was doing. In the first week after his inauguration, Trump approved a Navy Seal raid on suspected positions of al Queda in the...
Read More »A Bit of Levity on Friday Night
I saw the first pic on Hullabaloo and I pulled a second pick from Google. The first pic looks remarkedly like General Flynn. Digsby has an article up called “More of this, please” from where the first picture came of a protestor to Trump’s visit to Maine. The look-a-like Flynn is protesting Trump’s visit to Maine. Do you agree on the similarity? Agree???
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