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Tag Archives: politics

highest refinery utilization rate since 2019, greatest refinery throughput in 11 months

RJS: Focus on Fracking Summary: US oil exports at a 26 month high with SPR at a 34½ year low & US oil supplies at a 17 year low; total oil + products inventories at a 13½ year low even with highest refinery utilization rate since 2019, greatest refinery  throughput in 11 months… The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending May 20th indicated that...

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Households are getting much more overextended

Real income and – especially – spending increase in April, but households are getting much more overextended by NewDealdemocrat In April nominal personal income rose 0.4%, and spending rose 0.9%. March’s spending was revised up from 1.1% to 1.4%. In more good news, the personal consumption deflator, i.e., the relevant measure of inflation, rose only 0.2%, so real income rose 0.2%, and real personal spending rose 0.7%. So far, so good. While...

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And Babies?

And Babies? Uvalde = My Lai. This is not hyperbole. War crimes are an inevitable byproduct of war. Mass shootings are an inevitable byproduct of militarism and a militarized culture.  The same political process that led to and perpetuated the war in Vietnam continues to perpetuate the slaughter of innocents in American schools, supermarkets, nightclubs, subways, and synagogues. It is not just the “extreme right” doing this. It is the...

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Abortion politics after Roe:  persuasion and compromise

The end of Roe The era of judicial protection for abortion rights appears to ending.  The Supreme Court is poised to uphold a Mississippi statute that prohibits most abortions after 15 weeks, and it is likely to do this by overruling Roe entirely.  When this happens, many states will enforce draconian laws limiting access to abortion.  There is a real possibility that Republicans will seek a national ban on abortion the next time they gain unified...

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Outlawing Abortion, It is a costly Endeavor

Boston Public Radio May 19th episode held a discussion of the consequences for the nation when abortion is outlawed. The guest was Jonathan Gruber, the Ford Professor of Economics at MIT. He was involved with the ACA and the Mass health insurance system. Getting right to it: Based on studies: Women who wanted an abortion but could not get one are more likely to die in child birth, have worse mental health outcomes and a huge increase in...

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Age of Warfare is Changing

Not quite star wars yet. The past and old age of warfare is changing as we watch the conflict in the Ukraine between one ill equipped small defender and the more modern equipped large attacker. It is only because of NATO and the US equipping Ukraine has the stubborn resistance held up. The lessons to be learned from watching the Ukrainians beat the Russians is something which the US should be paying attention too. While our military may not be as...

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LBJ, a man with gargantuan appetites and ambitions

I stole this comment from a place from I read on a regular basis. An Incredible commentary. Having grown up in that era, I felt it had merit and believe the commenter gets it right. The programs mentioned here are under attack by Republicans. SCOTUS is using nondelegation as the basis to dismantle programs. Congress did pass these programs, allocated funds to support the programs, and established the means for administration. A program can be...

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Your Subsidy Expires? What You Will Pay for Healthcare Insurance

As is typical, Charles Gaba at ACA Signups.net has the answers to the question. Charles does a lot more of this type of analysis such as the Healthcare’s Three – Legged Stool, ACA Enrollment, Risk Pools, etc. All three of these are at Angry Bear. I am not sure why Michigan state and federal legislators are not knocking on his door for direction on healthcare. By that comment, I am not talking about commercial insurance exclusively. Ok, the...

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Review of “The Prophet” by Isaac Deutcher

“Until we are done with the ironies of history (because they will never be done with us), the image of Trotsky will not dissipate.”~Christopher HitchensI’ve had a lifelong fascination with socialism, communism and the Cold War. This probably springs from having grown up during the Cold War at nuclear ground zero for World War III. Also contributing was that I came of age near the end of the Vietnam War, a proxy war between the US and the USSR into...

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Oh no!  Vaccination is ineffective, and deaths in Australia are surging!

Let’s check back in on the authoritarian hell hole of Australia. Donald Boudreaux is still tirelessly working to educate people about the dangers of lockdowns and the wisdom of the Great Barrington Declaration strategy of “focused protection”.  Today he quotes this paragraph from an essay by Gigi Foster posted at – hold your breath! – the Brownstone Institute: Many of those spared death in 2020 or 2021 from COVID are succumbing now in 2022 as...

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