[embedded content] I can tell you now, I know I am better off now than then. I believe most of us are better off now. In 2010, I was working out of state after renting a room from Charlie in Cazenovia, NY. I was working for the Germans running a purchasing department. In 2010 and after several years of unemployment, a Republican Congress decided to end unemployment. Basically, they tossed people who were out of work, had no healthcare, or monthly...
Read More »Understanding Inflation using Gasoline Prices
Seems that gas, fuel, gasoline is being used as a marker to understand just how horrible we have it as a result of the current inflation. It’s just sooooooooooo terrible. I’ll just say this. As a marker of inflation and our personal economic experience all it shows is how terrible we are at remembering. Unfortunately for us, such a bad memory leads us to terrible voting decisions. Though, it does allow for easy emotional manipulation of the citizenry...
Read More »No Longer Dominant, the AMA is Becoming Progressive
Recent New Yorker article, I read, “The Fight Within the American Medical Association“ What I found interesting is the AMA’s history in support and lack of it for better healthcare. It is going both ways while slowly advancing towards Single Payer. Out of necessity, the AMA has started to move closer to the reality of a Single Payer plan. Why now? Commercial healthcare insurance companies and Medicare Advantage are calling the shots on what...
Read More »Trump to Saudi King: “You wouldn’t last 2 weeks without us.” Expect lower oil prices.
Trump tells the Saudi King he wouldn't last 2 weeks without US protection. Then he rants about oil prices being too high.Expect lower oil prices.Remember when Obama bowed?
Read More »Leo Panitch on Obama and Globalization
From the Real News Network: [embedded content] This Real News segment with Professor Leo Panitch is worth watching for those that miss Obama (perhaps should be seen together with the reading of this piece on Mike Pence, for those that think that he would be much better than the orange one). At any rate, besides the fact that Obama was not even for more than a very moderate reform of the system, and that he still justifies globalization in neoliberal terms, it seems to me that Panitch (and...
Read More »Why Manufacturing Still Matters
I've been reading in the spare time (not as much as I would like, and worse with the World Cup) Louis Uchitelle's Making It: Why Manufacturing Still Matters. I tend to agree with the general idea of the book and with many of the policy conclusions, even though I have some problems with minor points (for another post). As a result of this I went to check manufacturing output. There are many different statistics to check in the FRED database. Below a measure of industrial output. And yes, it...
Read More »Trump is the weakest president in American history.
Despite all his tough talk and bravado, Trump is the weakest president in American history. He has lamely, and in record time, become the most malleable puppet of the neocon, military/security state. He is the embodiment of what Eisenhower warned against. Even the meek and thin-skinned Obama wasn't this bad. Obama at least pushed back. sometimes. He had limits. Trump? A total puppet.
Read More »Making Fun of Barack Obama
My wife has been enjoying the recent skits about the Trump administration on Saturday Night Live. I can see why. Even Melissa McCarthy has managed to be funny in her impressions of Sean Spicer. Until now I would have sworn that reports of McCarthy having a sense of humor were some sort of urban legend. SNL has a long history of generating memorable Presidential impressions: Chevy Chase (sort of Gerald Ford), Dana Carvey (Bush the Elder) and Will Ferrell (Bush...
Read More »I can’t resist appropriating a good meme.
[unable to retrieve full-text content]I can’t resist appropriating a good meme.
Read More »Obama’s Great Lie: What’s Good for Wall Street Felons is Good for America
By William K. BlackApril 30, 2016 Bloomington, MN To no one’s surprise, President Obama lobs periodic attacks on Bernie Sanders’ plans to restore the rule of law to Wall Street elites. Obama launched his latest attack, fittingly, through Wall Street’s sycophant-in-chief, Andrew Ross Sorkin. Sorkin’s column expresses his shock at how Obama repeatedly extended their interview for hours beyond its scheduled length. No one else is shocked that Obama, trying to make the case that bailing...
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