The Angry Bear

; Via Bill McBride at Calculated Risk: Climate Change Report This is a critical threat and should be a nonpartisan issue. Here is the Fourth National Climate Assessment. An excerpt on the economic impact: In the absence of significant global mitigation action and regional adaptation efforts, rising temperatures, sea level rise, and changes in extreme events are expected to increasingly disrupt and damage critical infrastructure and property, labor...

Via Naked Capitalism and Lambert Strether: And now abideth faith, hope, charity, these three; but the greatest of these is charity. –Corinthians 13:13 I posted this letter in Links, but I found I could expand on it. Spectrum Health Care’s letter to Hedda Martin speaks for itself, and for what our health care system has become under neoliberalism: View image on Twitter Dan Radzikowski@DanRadzikowski (The provenance: I started with AOC, who...

“On my wall, the colors on the maps are running” Two years ago in a post entitled “Those who cannot see must feel”, I wrote: That’s the translation of an old German saying that I used to hear from my grandmother when I misbehaved.  It is pretty clear that, over the next four years, the American public is going to do a lot of feeling ….  The results will range somewhere in between bad, disastrous, catastrophic, and cataclysmic, depending on how badly...

   by New Deal democrat Weekly Indicators for November 19 -23 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Conditions among the long leading indicators continue to slowly deteriorate. As usual, clicking over and reading not only is educational as to the current and future state of the economy, but helps reward me with a few $$$ for my efforts.

A belated Happy Thanksgiving and a note about the Index of Leading Indiators The past few days have been spent entertaining and gorging on turkey et al., so I haven’t been posting, but there wasn’t much in the way of economic data, so really nothing has been missed.  I hope you, your family, and your loved ones had a happy Thanksgiving! One item that did get reported on Wednesday worth a quick mention was the Conference Board’s Index of Leading...

Squanto — A Sad Thanksgiving Tale I do not know how widely it is still taught or how, but when I was in elementary school in Ithaca, New York, I was taught about the “First Thanksgiving,” an event that happened in October, 1621 in Plymouth, Massachusetts, following a good harvest after the pilgrim colony, founded in 1620, had a hard year that saw half their population die (about 50 people, mostly of starvation).  It was a joint feast of the pilgrims...

The world according to Trump — notice a trend here? Reporter: “Who should be held accountable?” [for Jamal Khashoggi’s murder] Trump: “Maybe the world should be held accountable because the world is a vicious place. The world is a very, very vicious place.” — November 22, 2018. “The world is a vicious and brutal place. We think we’re civilized. In truth, it’s a cruel world and people are ruthless. They act nice to your face, but underneath they’re out to...

Most recently, Rep. Brian Higgins (D-NY) gave his support for Pelosi for a major infrastructure bill early in the next Congress and a commitment to let Higgins lead the charge on a proposal to let Americans buy into Medicare at age 50. I am hoping they design the Medicare buy-in as it is not cheap in its present form and doses not include vision or dental. Rep. Marcia Fudge (D-OH) abandoned her quest to be the House Speaker. Instead, Fudge will head up...