The Angry Bear

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The COVID-19 Pandemic, the inadequate response thereto, and the incompetency of the Trump Presidency in general, combined, have exposed our nation’s weaknesses and failings to an extent unknown since at least the Great Depression. This is likely a do or die moment for America. Recovery will be difficult. Improbable unless we are careful in our choice of goals and daring in our efforts to achieve them. The margins for error do not allow for dawdling....

Au Revoir, Robert J. Samuelson  For quite a few years not so long ago I was regularly posting here variations on “Today is Monday, so on the WaPo editorial page Robert J. (not related to Paul A.)* Samuelson is calling yet again for Social Security benefits to be cut,” and he did indeed do that very frequently over a long time.  However, today was his final column for the Washington Post, so we shall no longer have RJS to kick around, sob! It was titled,...

(Dan here…this post has been lightly edited in format for readability) Trump’s Law & Order = Ronnie Thompson’s Shoot First and Ask Questions Later Summer Concepcion reports on something I find very alarming: President Trump leaned into his self-proclamation of being the President of “law and order” further as he appeared to approve of the “retribution” of federal law enforcement officers fatally shooting a man suspected of killing a pro-Trump...

In a  recent conversation with one person who I would consider knowledgeable, I was led to this site. COVID-19 Live Vaccine Tracker. This is an initial rundown of various Covid vaccines being worked on by international companies and the phase they are in today. I will attempt to update this from time to time. “A compilation of the active vaccine candidates being studied for coronavirus 2019 (COVID-19) cures. This tracker will update periodically and will...

[embedded content]Trump being asked why he lied to the American People by ABC’s White House correspondent Jonathan Karl About Time!

By all accounts this last Thursday September 11th, Wisconsin was all set to have a smooth election this fall. The state’s 1,850 municipal clerks had printed at least 2.3 million absentee ballots in preparation of another surge in absentee voting (which occurred earlier this year – April) and had already mailed 378,482 of them. They were well under way to meeting the Sept. 17 deadline established by state law when ballots had to be mailed. A deadline by...

The Bahrain-Israel Mutual Recognition  This freshly announced mutual recognition follows the one between the UAE and Israel, which set a new pattern, with Bahrain and possibly others (Oman?) predicted to follow.  I am not surprised it was Bahrain that was next, although it may prove to be the only one.  There are several reasons why it was most likely to be next, and why we might not see Oman join in, although that cannot be ruled out. I see three...

Consumer inflation continues to accelerate YoY, but so far no big problem The consumer price index for August was reported up +0.4% this morning. This is the third straight big increase. Below I show this plus the more stable consumer prices minus gas (red): Here’s what the monthly changes look like over the past 10 years: As you can see, these are at the upper end of monthly inflation increases for the past 10 years. On a YoY basis, however,...