The Angry Bear

Who is the bigger scab? In an interview with Musk, Trump appeared to endorse firing striking workers. The United Auto Workers Union has filed federal labor charges against former President Donald Trump and Elon Musk, the union said Tuesday. In a thread on X, the union said Trump and Musk had illegally attempted to “threaten and intimidate workers who stand up for themselves by engaging in protected concerted activity, such as strikes.” Musk...

CMS finally clamping down on agents plan switching, assigning existing enrollees to themselves. CMS requires agents seeking to act on an existing account with a different Agent of Record or with no AOR to: – either conduct a three-way call with the client and the marketplace center. The client authorizes the new agent to act on their behalf, or – have the client click the final button after an agent makes changes to the account using a...

I am late to the discussion of the (possible) US soft landing. I think I better write about the soft landing (so far) in case it is ceasing to be soft (I am not making a forecast). The remarkable thing is that the dramatic increase in the Federal Funds Rate did not induce a downturn let alone a recession The way interest rates affect GDP is principally residential investment and exchange rates. Other monetary authorities also raised rates in...

 – by New Deal democrat For the last several months, jobless claims have been buffeted first by unresolved post-pandemic seasonality, and then also by the effect of Hurricane Debby on claims in Texas. The first is now abating, and the second has ended, as this week claims in Texas declined to their typical level last year at this time. To the numbers: initial claims rose 4,000 to 232,000, while the four-week moving average declined -750 to...

“Kabuki is a form of classical theater in Japan known for its elaborate costumes and dynamic acting. Phrases such as Kabuki theater, kabuki dance, or kabuki play are sometimes used in political discourse to describe an event characterized more by showmanship than by content.” Maybe I am wrong in calling it such. The style of play occurring between the two companies and the management give ne the impression of such. If you have been following...

Forecast of commercial healthcare costs to come in 2025 (MedCity report), what has occurred in the past, and what is expected beyond 2025. Meanwhile Congress is twiddling their thumbs arguing amongst themselves over what is more important to their existence . . . constituents or big business. Interesting too, how the Sadlers are getting themselves off the hook for the Opioid epidemic. They didn’t know? New Survey, employers’ project trending...

Follow the stories below about Albertsons and Kroger give away of following the money . . . In 2022; Albertsons is set to give away a third of its value to its private equity owner Cerberus and to other investors. The publicly traded supermarket chain Albertsons will pay a $4 billion special dividend in early November. That will occur if the SEC or other regulators do not intervene in the merger. The give-away dividend equals about a third...

 – by New Deal democrat Every month I write about the Jobs Report. But while it is timely, it is only an estimate. There is an actual census of over 95% of all employers that also gets reported, called the QCEW, and it is the “gold standard” of actual jobs growth (or loss). Its two drawbacks are that it is not seasonally adjusted, and it is reported almost 6 months after the end of the quarter it updates. Which is a lengthy introduction to...

A dangerous maneuver by Ukraine, unless Putin and Russia are willing to capitulate after years of fighting. In any case and over time, Zelensky’s life will be in danger. Putin will be hunting for an opportunity to remove this antagonist. FP This Week – Ukraine Invades Russia On Aug. 6, Ukraine surprised the world with an incursion into the Russian region of Kursk. This upended a growing consensus in Washington and elsewhere that the conflict...

Brief discussion by an intelligent basketball legend on hot weather caused by pollution and the resulting deaths from it. “Heat aggravated by carbon pollution killed 50,000 in Europe last year – study,” The Guardian, as discussed by Kareem Abdul-Jabbar Summary: Hot weather inflamed by carbon pollution killed nearly 50,000 people in Europe last year, with the continent warming at a much faster rate than other parts of the world, research has...