Tag Archives: politics

Mitch McConnell Expels Joe Manchin from Republican Party “Mitch McConnell Expels Joe Manchin from Republican Party“ Andy Borowitz, New Yorker, July 28, 2022 WASHINGTON (The Borowitz Report) – Accusing the West Virginia senator of “collaborating with the enemy,” Senate Minority Leader Mitch McConnell angrily announced Joe Manchin’s expulsion from the Republican Party. “Joe Manchin’s behavior during the past twenty-four hours has...

“The media’s ongoing lies about Merrick Garland are doing a lot more harm than you think” – Palmer Report, James Sullivan An interesting little blurb on the impact of the latest President Joe Biden administration (Merrick Garland) action reminding hospitals they must do abortions if the mother’s life is endangered. As taken from the Palmer Report. Aside from deliberately lying about the nature of the DOJ’s probe into Jan 6, the media’s...

Maybe, I have not been looking hard enough with regard to information on Vicktor Orbán, his views, and his impact on Hungary and Europe. It appears our Republican leaning buddies have invited Viktor to come to Dallas, Texas. There he will address CPAC and a large gathering of American conservatives. Earlier this year, Viktor had told a bunch of Republicans to: “Have your own media. It’s the only way to point out the insanity of the progressive...

What I have been reading this week . . . ~~~~~~~~ Politics “What Will Come of the January 6th Committee’s Case Against Trump?” | The New Yorker, Amy Davidson Sorkin “The committee itself cannot file criminal charges, though it can refer its findings to the Department of Justice. It’s not news to the D.O.J., of course, that laws were broken.” “EU ban on Russian gold puts Switzerland on the spot” – SWI swissinfo.ch “The European Union has...

“Who got rich off the student debt crisis?” – Reveal (revealnews.org), James B. Steele and Lance Williams A bit of a story of how we got to this student loan debt debacle. It is long, tedious, and not exciting. And this is only part of it. In 2016, 42 million people were owing $1.3 trillion in student debt. It is or was a profit center for Wall Street and also the government. I suspect Wall Street still gets its cut from student loans. Their...

Former President Donald Trump’s lost support from both the Wall Street Journal and the New York Post. An editorial by each paper on Saturday called trump unfit(?) to hold office again (?). The New York Post delivered a “crushing” blow to trump’s hopes to run for re-election again in 2024. Over the weekend, both of the Rupert Murdoch-owned papers came down hard on the former president. after the most recent House Select Committee hearing...

“The Grain Deal,” Econospeak by Barkley Rosser Finally we have something sort of hopeful happen in the war in Ukraine that might help alleviate problems it has generated for much of the world.  A deal has been struck to allow Ukrainian grain to be exported from Odesa and two smaller ports near it across the Black Sea and out into the Mediterranean to world markets.  With something like 20 tons of grain, mostly wheat, sitting there for some...

There is a lot of noise about the shortage of semiconductors. I am not going to explain it all here. You will find the explanation of manufacture in the articles. It takes weeks to grow wafers and then Fab semi-conductors. Not maintaining orders for semiconductors creates shortage when production starts up again. The purchase of semiconductors has changed since I was in it in 2008 chasing automotive OEM caused shortages. Growing the wafers could...

A collection of interesting reads, news, and articles from the last week. Healthcare “Fauci to Retire by End of Biden’s First Term” (medscape.com), “Biden’s chief medical officer (Fauci), who has also been director of the National Institute of Allergy and Infectious Diseases since 1984, told Politico he is not planning to wait for COVID-19 to disappear before retiring.” “Three Key Strategies for Combatting Nurse Turnover” | MedPage Today,...

A note on inflation and whether the Fed should continue to raise rates – and whether it is “behind the curve” No important economic releases today (july 18), and almost no reporting by States as to COVID counts over the weekend, so let’s back up and take a look at something that’s been simmering on my intellectual back stove, so to speak: should the Fed be raising rates to combat this inflation? Has inflation already peaked? Or is the Fed way...