The Angry Bear

[embedded content] 1964 “Won’t Be Long” [embedded content] 1967 “Respect” [embedded content] “My Country Tis of Thee” A pgl request in comments [embedded content] Having Church . . . “Rock Steady,” A little “Soul Train” “Aretha Franklin, Queen of Soul, Dead at 76”

Kevin Hassett In Lie Lie Land I feel sorry for Kevin Hassett.  Of course he made a complete fool of himself two decades ago with his book on Dow 36,000 (still some ways away) with James Glassman, but he has had a good amount of time to get over that embarrassment.  When he was appointed CEA Chair for Trump, he was of the few appointments Trump made that received praise, especially in the  area of economics.  Pretty much everybody else appointed was...

Gimme Shelter: the rental affordability crisis has worsened Four years ago HUD warned of “the worst rental affordability crisis ever,” citing statistics that About half of renters spend more than 30 percent of their income on rent, up from 18 percent a decade ago, according to newly released research by Harvard’s Joint Center for Housing Studies. Twenty-seven  percent of renters are paying more than half of their income on rent. This is a serious...

Cuomo at an event, where he signed anti sex-trafficking bills into law. “We’re not gonna make America great again. It was never that great. We have not reached greatness and we will reach greatness when every American is fully engaged. We will reach greatness when discrimination and stereotyping against women, 51 percent of our population, is gone and every woman’s full potential is realized and unleashed. When every woman is making her full contribution...

It has been almost ten years since: Bear Stearns folded Lehmann collapsed of its own free will I posted on this blog All of the above Those who guessed “c” or “d” are optimists. Those who are expecting a long series of posts dwelling on the correct answer of “b” (with some references to “a” and AIGFP) will not be disappointed. But this is an introduction. I have been trying to think of how to simplify ten years of lessons as if there were one root cause....

Weekly Indicators for August 6 – 10 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Two long leading indicators are within 1% of turning negative. And two short leading indicators are also weakening considerably. A friendly reminder that not only is the post informative, but I get compensated the more people read it, so by all means please read it! ...

The Trump administration’s new policy of expanding the sale of “short-term” insurance plans as a cheaper alternative to ObamaCare is quickly running into opposition from state regulators. The Department of Health and Human Services is urging states to cooperate with the federal government, but instead, insurance commissioners are panning the new plans as “junk” insurance and state legislatures are putting restrictions on their sales. State insurance...

David Frum does not have a favorable view of Dinesh D’Souza and his latest movie, “Death of a Nation.” He argues sthat D’Souza’s alleged history is fiction, and that D’Souza is governed almost entirely by resentment of all of the experts in all of the fields in which he dabbles, who note that he is dishonest, partisan, and unoriginal. It is alarming that D’Souza has become prominent again and is praised by the President. However, I do agree with D’Souza...

Manual Transmission Foils Car Theft “A press release from the Nashville police department said they arrested two teenagers last Wednesday aftr they attempted to carjack two women that day and failed. The teens ultimately failed both times, with the second being because the car had a manual transmission. They had to run away on foot.” We Reserve the Right to Refuse Service . . . A British woman tried to place an order at her local McDonald’s while on...