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Tag Archives: Hot Topics

Roasting McConnell and his attacks on SCOTUS Independence

Jacob Seitz, Twitter Users Roast Mitch McConnell After Statement on Roe v. Wade (dailydot.com) Comments from Twitter , , , As one commenter put it bluntly, “Get Bent McConnell.” In the statement, Republican Senate Leader McConnell refers to the leaked majority opinion drafted by Justice Samuel Alito as a “stunning breach” and an “attack on the independence of the Supreme Court.” McConnell said the leak was “yet another escalation in the...

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March New Home Sales Reported 8.6% Lower on Record Prices

RJS, MarketWatch 666 Summary: New Home Sales Reported 8.6% Lower on Record Prices in March, after Prior Months Sales Revised Much Higher The Census report on New Residential Sales for March (pdf) estimated that new single family homes were selling at a seasonally adjusted annual rate of 763,000 homes during the month, which was 8.6 percent (±12.9 percent)* below the revised February annual sales rate of 835,000, and 12.6 percent (±11.3 percent)...

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Stealth

First the usual warning – I am both ignorant and intellectually arrogant.  It should be assumed that I don’t know what I am talking about. Stealth technology hides airplanes, drones, and cruise missiles from radar which uses high frequency radio waves.  It does not hide them from radar which uses radio waves of wavelength a meter or more – the thickness of the stealthy covering would have to be similar to that wavelength.  This means that an F-35...

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GDP Shrunk, Record Trade Deficit, and Slower Growth of Inventories

RJS, MarketWatch 666 1st Quarter GDP Shrunk at a 1.4% Rate on a Record Trade Deficit and Slower Growth of Inventories Our economy shrunk at a 1.4% rate in the 1st quarter, the first GDP reversal since the first quarter of 2020, as increased personal consumption of services and greater fixed investment were more than offset by weaker investment in inventories and a record trade deficit, which subtracted over 3 percent from GDP . . ....

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History of Discharging Student Loans in Bankruptcy

Introduction to Bankruptcy Discharge for Student Loans I know the image on the right, my other right is small. To enlarge it, click on the picture. A plus sign may show up to make it even larger. I have been following the student loan crisis (and it is such) well over a decade. I have engaged certain politicians on the issue in public. I have worked with Alan Collinge at Student Loan Justice Org for well over a decade. He is in...

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SPR, Oil, and Distillate Supplies Low

RJS, Focus on Fracking Summary: Strategic Petroleum Reserve at a 20 year low, US oil supplies at a 14 year low; distillates supplies at a 14 year low, total oil + product inventories at an 13½ year low The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending April 22nd indicated that because of a drop in our oil exports and a big increase in oil that could not be...

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Medicare vs Commercial Insurance Pricing 2012 – 2019

Copy and Paste for now until I can get into the Health Affairs article. Hospitalization averages a third of all healthcare costs. The pricing (Pricing equals costs in this instance) varies by region which kind of tells me there “may” be variation due to the strength of ACOs in regions. Trends in Hospital Prices Varied Widely Across the United States | RAND The average prices charged to commercial health plans by hospitals, as compared to what...

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Using Section 2 of the 14th Amendment

Follow up to; “Section 2 of the 14th Amendment” – Angry Bear (angrybearblog.com) No Republican fears Democrats or the use of Section 2 of the 14th Amendment either. Gaetz is still prancing around, McCarthy lies to the public, Eastman writes a memo to VP Pence to nullify state electoral votes, Cawthorn again caught with a pistol at TSA checkpoint, Cruz and Hawley makes stuff up as usual, etc. And marjorie green suffered a loss of memory in...

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Dry, Dusty, Rain. Humid, Windy, Dry. Chaos and The Grip of La Niña

Just how dry have the ground conditions been? Dire. Fire sweeping towns from Austin to Los Angeles, dire. Rain? Forecast yes, but closer to the Powell Line. The Powell Line, as stated previously is where the dry plains and the wet prairie meet. An abundance and a desert. Too much and not enough. Floods and fire. We finally got rain today. Much needed as we have pumped 20,000 gallons and then some per month out of the aquifer supplying Dallas,...

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March Industrial Production Rose 0.9% to Highest on Record

RJS; MarketWatch 666 Summary: March industrial production: G17 release on Industrial production and Capacity Utilization for March indicates industrial production rose 0.9% in March after rising by a revised 0,9% in February and a revised 1.0% in January, which left production 5.5% higher than a year ago. Industrial Production Rose 0.9% to Highest on Record in March The Fed’s G17 release on Industrial Production and Capacity Utilization for...

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