by Steve Roth Originally Posted at Wealth Economics (June 2023) Recent headline inflation prints are below the Fed’s target, and falling. That news is a powerful tool for controlling expectations, but the Fed’s not using it. 1.5%. That’s the latest headline inflation rate in the U.S. per the May CPI release, and also according to a three-month average of three different inflation indexes that use somewhat different data, baskets, and...
Read More »Another Perspective of the Harris-Trump Meeting
I was hoping Prof. Heather Cox-Richardson would comment on the Harris-Trump meeting. In her first sentence Prof. Heather states it all about Trump’s approach in meetings. She discusses Clintons and Biden’s foibles in the next two sentences. The following paragraph states it all . . . “how to counter Trump’s dominance displays while also appealing to the American people. “ Candidate Kamala Harris accomplished her mission last night with her...
Read More »Enforcing a Supreme Court Ethics Code
It is about time, Congress puts in place an ethics code for judges, Justices, and themselves. If you do not believe this is needed, read this: “Supreme Court Justices Accepted Hundreds of Gifts Worth Millions of Dollars,” Angry Bear. All told, the number of gifts FTC identified that were accepted by the current nine, plus the eight who’ve left the court since 2004 (Justices Rehnquist, Stevens, O’Connor, Scalia, Kennedy, Souter, Ginsburg and...
Read More »Albertsons’ CEO claims text deletions weren’t intentional, concedes 1700+ may be gone
Last week CEO Vivek claimed most of his text messages were automatically deleted. Also and previously investigators were show messages going back and forth between players in this issue. Investigators asked those messages be kept. Apparently, those too have disappeared or portions of them have. It appears Albertsons has been milked by private entities Cerberus and Apollo who have been taking portions of equity out of Albertsons. In which case...
Read More »Anyone Watching Catlin Clark’s Rookie Year?
If not, you should be . . . The concentration is on Catlin and how to stop her. Opposing players are using tactics as simple as running into her and knocking her down. Tangling arms and wrestling the ball away are in vogue to disrupt her play. Since it is pro-basketball, more is allowed. Still, the fouls are called . . . Catlin Clark is an economic asset to women’s basketball. The crowds turn out to games when their teams play the Indiana...
Read More »More of the “Economy Is Bad” Under Biden Series
I guess if it is said enough times it has to be true or does it have to be? The Biden rescue since he took office is far better than what we experienced in 2008 onward. Yet Another in the Economy Is Bad Under Biden by Dean Baker CEPR Like other major news outlets, the Washington Post is perfectly happy to ignore the data to tell you the economy is bad under Biden. Past entries in this series included the many pieces telling us young...
Read More »Meat and Poultry Is Wildly Expensive Now — and It Could Be Due to Price Fixing
This appears to be similar to what I wrote about recently, An A1 Price Fixing Dream. You Know It’s There. But You Can’t Prove It. – Angry Bear. You have an entity collecting information, categorizing it, and then supplying the information to other entities so they can set pricing. In this case with meat and poultry, it may not be as sophisticated. Agri Stats, the data and consulting company collects competitive information and passes the information...
Read More »Something Different at Angry Bear
But for a few coincidences in Life, this is probably what I would have been doing. More than likely, I did not have the vision Wright or the others studying with me. I found my niche elsewhere. One can dream, can’t they? It is an interesting piece by Lloyd. It would be fun just to tour these homes. Lindal Cedar Homes gives Frank Lloyd Wright’s Usonian homes a second life by Lloyd Alter Carbon Upfront Lindal Cedar Homes has teamed up...
Read More »A Perspective: One Evening at the Democratic National Convention August 20, 2024
by Prof. Heather Cox Richardson The Democratic National Committee today released a platform that lays out the history of the last four years and explains how and why the Biden-Harris administration has oriented the United States government toward ordinary Americans. It is in many ways a snapshot of the United States of America in this moment. At the most basic level, it shows how rapidly the political world is changing. Approved on July 16, five...
Read More »Warren Taking on CNBC Host Joe Kernen on Price Gouging
Goldratt’s “The Goal” talks about throughput at any cost (if need be). More or less a business novel preaching insightful truth. Productivity is the act of bringing a company closer towards its goal. If the company’s goal is to make money, then we should focus on increasing throughput, decreasing inventory, and decreasing operational expenses. At the same time, you will find Goldratt saying to use older inefficient methods to increase productivity...
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