I saw this story on PPP Loans at Crooks and Liars (Chris capper Liebenthal). It was a “wow” moment. “The Capitol Rioters Had Their Big PPP Loans Forgiven by the Government” Daily Dot, Eric Leval “The Paycheck Protection Program (PPP), promised to cover the cost of employee payroll of small businesses, at a time when the entire nation was shutting down and unable to make ends meet. Amazingly, some of the people who received the money...
Read More »Vaccination reduces the probability of new variants
Professor Joel Eissenberg, Biochemistry & Molecular Biology While vaccination reduces the probability of new variants; sadly, there are selfish citizens among us who refuse to be vaccinated for COVID-19. Their belief in a decision only affecting themselves. This belief is false. Failing to get vaccinated increases the chances of infecting others and of hosting a more dangerous variant. The latest data I’ve seen shows that even though...
Read More »Voters in West Virginia . . .
Voters in West Virginia Support the Build Back Better Agenda, Senior Analyst, Ethan Winter, Data for Progress, August 27, 2021 From August 20, to August 27; Data for Progress organization “conducted a survey of 348 likely voters in West Virginia” to discover whether there was voter support for Biden’s Build Back Better bill. As you know, Senator Joe Manchin has claimed he has to go back to West Virginia and explain it to its voters....
Read More »Merry Christmas, Happy Holiday, and Be Safe Angry Bears
Photo by Ian Keefe on UnsplashFrank Cross: “It’s Christmas Eve! It’s . . . it’s the one night of the year when we all act a little nicer, we . . . we . . . we smile a little easier, we . . . w-w-we . . . we . . . we cheer a little more. For a couple of hours out of the whole year, we are the people that we always hoped we would be!” Bill Murray “Scrooged“ Dan and Bill ...
Read More »Record High in Producer Price Index and Other Market Indicators
Record 9.6% Annual Increase in November Producer Price Index; Record 6.9% YoY Increase in Core Prices; Record 7.1% YoY Increase for Final Demand Services, Record 14.9% Increase for Final Demand Goods, and a 46+ year Record for Prices of Intermediate Goods, RJS, MarketWatch 666 The seasonally adjusted Producer Price Index (PPI) for final demand rose 0.8% in November, as prices for finished wholesale goods rose 1.2% while margins of final services...
Read More »Waldman on Waldmann
“the economist who thinks he has caught what all the virologists have missed” is right here Paul. OK now I have to put my mouth where my mouth is. I do honestly think I have answers which are of interest to actual virologists. Start with the antibody, then find the antigen. This is really a thought about vaccine development. Now, notably, they seem to be doing that rather well back in my home town (to put it mildly). “SILVER...
Read More »Land Rich, Cash Poor
Farmer and Agriculture Economist Michael Smith “[Land profits] are a species of revenue which the owner, in many cases, enjoys without the care and attention of his own” -Adam Smith In other words, land appreciates not by the owners doing, but his neighbors. Sure, there are certain things that can be done to improve land, build a house, clear the brush and trees, install utilities. Or choose none of the above and wait. The post pandemic...
Read More »Un Tiro Manchin
The italian idiom for a low blow (also for an unexpected blow) is “un tiro mancino” literally a left handed blow. Manchin hit all the other Democrats with a tiro mancino yesterday. Notably “mancino” means left handed so, hard as it is to believe, he had ancestors who were lefties as in left handed. Aside from the irresistable pun, I feel the need to write about senator Manchin, because I can’t stop thinking about him. I suspect that reading this...
Read More »This is Just Cringeworthy
Cringeworthy, are the numbers of people who still are unvaccinated and believe they will not be stricken by Covid. Hospitals, doctors, nurses and the staff are at critical mass again. Meanwhile courts continue to block mandatory vaccinations on the premise it is their right to become infected and endanger others. And Republicans are cheering on their supporters to resist anything which may prevent Covid. Cringworthy; VP Kamala Harris In an...
Read More »An Urgent Warning about Omicron’s Exponential Spread
A brief introduction, not to New Deal democrat, but to the subject matter. An extremely contagious new Covid virus is emerging globally and in the US. Those who have resisted inoculations and other preventative measures may find themselves particularly vulnerable. Reviewing the graphs presented, this virus will rapidly infect the US. This Covid Virus will test the ability of people’s resistance. Coronavirus dashboard: An Urgent Warning about...
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