Tag Archives: politics

California holds out as Arizona, other states submit Colorado River plan, ktar.com, KTAR FLAGSTAFF, Ariz. (AP) — Six Western states that rely on water from the Colorado River have agreed on a model to dramatically cut water use in the basin, months after the federal government called for action and an initial deadline passed. With the largest allocation of water from the river, California is the lone holdout. Officials said the state would...

House price indexes for November: up like a rocket, down like a feather  – by New Deal democrat As I’ve repeated many times in the past 10 years, in housing prices follow sales with a lag. Housing permits peaked at the beginning of 2022, and starts followed several months later.  This morning the FHFA and Case Shiller house price indexes for November showed continued declines from their seasonally adjusted June 2022 peak, and also continued...

“What the data says about gun deaths in the U.S.,” by John Gramlich a[[ears to be an open-ended study. It does not condemn any particular weapon, style of weapons, or bullet-spewing weapons in general. I find it curious the author does not take a closer look at the assault weapons used today which are found to have killed multiple people in any one instance. Are we still at the stage of seeing the worst to come with these? What he does say is all...

In the real world, if someone spends more money than they make, they run a deficit. Income – Spending = Deficit. Accumulatively, deficits become debt. In order to avoid the accumulation of debt; they need to either reduce spending, increase income, or both; a lessening of income would require a reduction in spending, an increase in spending would beg an increase in income, and so forth. Governmentally, spending stays spending and income becomes...

What to watch most for in this Friday’s jobs report  – by New Deal democrat After a two week drought, this week a plethora of economic stats get reported. Most importantly for my purposes that includes house prices, construction spending, the ISM manufacturing report, and of course on Friday nonfarm payrolls. Speaking of which, 3 of the 5 short leading indicators that haven’t rolled over yet are included in the jobs report – construction and...

Ordinarily you would not drive a motorcycle without a headlight down a narrow, winding mountain road at high speed on a dark, rainy night.  But you would do this if your child is dying and you need to fetch a doctor immediately.  Even sensible people take great risks to avoid an imminent catastrophe.  Kevin Hassett, chairman of Trump’s Council of Economic Advisors, applies this logic to the debt ceiling in a post at National Review subtitled...

This is where I grow weary of the childish complaints of those who believe their rights are being infringed upon by those who are injured, maimed, or killed by bullet-spewing-weapons commonly known as “guns.” “Stanley Kubrick satirized the unconscious psychosexual energies behind wielding a gun in Full Metal Jacket, when Marine recruits parade with their weapons doing this chant of ‘This is my rifle, this is my gun, this is for fighting, this is...

Introduction: Each time there is a mass shooting, Angry Bear will take a stance on the issue. A stance which many will not like. Angry Bear is tolerant of opposing views to a point. For the record, I am an XMarine Sergeant who was an Expert with a straight-out-of-the-armory stock M14. I grew up shooting various weapons. Last week, we featured Annieasksyou. Today, Angry Bear is featuring Infidel753 and his take on schools being made safer....

The 2nd that is. If there was ever anything that cried out for a cost-benefit analysis it is surely the more recent Supreme Court interpretations of our ‘Second Amendment Rights’. On The Benefit Side: The right to protect our family and selves at all times and in all places from all dangers both real and imagined with deadly force. The right to experience any pleasure one might get from firing automatic and semi-automatic weapons...

by David Zetland (originally published at The one handed economist) The iceberg of identity How do you describe yourself to others? Me? I am a white American 53-year old male, of average height and weight, mostly white hair (a touch of pepper), green-blue eyes, and a decent tan. That description is perhaps 90 percent of my outside appearance, but 10 percent of my interior spirit, mind and soul. I’ve eaten out of dumpsters (for 2...