The Angry Bear

This article by Ezra Klein is excellent.  I can’t do it justice in a blog post, but here is a bit: This is the often neglected heart of nonviolence: It is a strategic confrontation with other human beings. It takes as self-evident that we must continue to live in fellowship with one another. As such, it puts changing each other’s hearts at the center of political action, and then asks what kind of action is likeliest to bring about that transformation....

After the recent market rebound the S&P 500 valuation has risen from below my estimated fair value to just over the top of the fair value band. It is important to remember that much of the rebound in the S&P PE  is due to weaker earnings.  In the second quarter earnings are falling at double digit rates. But if second quarter real GDP is falling at a 40% to 50% rate earnings estimated are still too high. Wall Street says do, not fight the Fed. ...

Just in case, you missed it,  Medicaid Eligibility Is Based On Current Monthly Income. Still do not understand? Let me try a different way to explain it, Medicaid Eligibility Is Based On Current Monthly Income. There, I have said it three times –  once in the title and twice in the beginning text of this post. And yet people will not apply because it is something others do or they are easily discouraged or the information is hidden. If you are laid off...

Abbreviated Coronavirus dashboard for June 15: tracking the four horsemen of the reopening apocalypse – by New Deal democratThere’s no big economic news out today. So let me follow up on my post Friday about the cost of reopening recklessly coming due. Here is the graph from 91.divoc.com of the 10 States with the highest per capita infection rate over the past 7 days ending Saturday: With the exception of rapidly declining Maryland, the focus has almost...

by New Deal democrat Weekly Indicators for June 8 – 12 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The short leading indicators have continued to improve, from awful, to less awful, to merely really bad. But that the NASDAQ briefly made a new high last week, while the S&P was only 5% from one, while the coronavirus pandemic rages on, was simply insane. As usual, clicking over and reading should bring you up to the moment on the...

It appears possible that the US military will cease to honor traitors and will change the names of bases named after Confederate generals. This raises the question of what new names to give them. This is one of the topics on which I have the very least expertise, so I will make my suggestions. 1) Fort York. Named after Sergeant Alvin York who, when he was corporal York during World War I, personally captured 132 German soldiers. I like the idea of naming...

On June 12, 2016, Omar Mateen murdered forty-nine people in a gay night club located in Orlando, Florida in what was to be identified as the Pulse massacre.  Four years later June 12, 2020; the  Office for Civil Rights (OCR) of the Department of Health and Human Services (HHS) issued a new final rule to dramatically revise the agency’s prior interpretation of Section 1557 of the Affordable Care Act (ACA), the law’s primary anti-discrimination provision....

Why Trump Is in Trouble Trump is staggering.  He’s plunging in the polls, and his behavior has become erratic and unhinged.  I don’t mean he’s being crude, infantile and wrapped in a world of fantasy—he’s always like that.  Rather, I see him as suddenly incoherent, fumbling with threats and catchphrases as if he were locked out of his house at night, frantically trying one key after another to see if any will work. Why? Here’s my theory: throughout his...

Another Look by Ken Melvin In the wake of riots following the Police murders of George Floyd, Breonna Taylor and too many other Black Americans, and Trump’s earlier installation  the likes of Jeff Sessions and Bill Barr as Attorney General; let US Cities find now to be a particularly good time to look anew at what they, the people, think should be the proper role of Police in America. It is time and time to rethink Policing in America. Any and all changes...