Tag Archives: politics

Another week of good news on jobless claims  – by New Deal democrat Initial jobless claims had been in an almost relentless uptrend from the end of March through early August. Since then, they have completely reversed. This week initial claims declined another -6,000 to 222,000, and the 4 week average declined -7,500 to 233,000. Continuing claims, which lag somewhat, increased another 36,000 to 1,473,000, a 5 month high: There was a...

Mary Jacob explaining the student loan she paid off. This is a loan which had high balances due to miscalculations, etc. If I felt up to it, I could probably figure out how she ended up paying $16,000 in the end. It appears she was paying interest only in the beginning, drove the loan down by 50% when she doubled up on payments My final attempt to help those that don’t understand the student loan game.Mortgage: At closing, you know exactly what...

As usual, what I found in My In-Box. Things I would like to write, have barely enough time to read, and pass them on to AB readers. Nothing here on the present battle between the DoJ and a neophyte Federal judge who lacks broad based experience as a federal prosecutor and in civil trials. I had an article, read it, and did not realize what I had read and who it applied to at the time. Then the storm hit. The text as written by an attorney who...

I told you so Not much economic news this week. I’ll post an update on COVID later, but for now, a follow-up on my Mar A Lago search warrant post last week. Last week I concluded my observations as follows: “Despite how devastating the DoJ response apparently is, it is important to remember that this judge, on Friday [actually Saturday, sorry], publicly declared that she had made up her mind on an issue before the other party had an...

On Labor Day 2022, how well is labor doing? This is Labor Day, so let’s take a look at a few metrics of how labor is doing. As an initial aside, occasionally I get asked why I write about expansions and recessions. An important reason is, pretty much by definition during recessions jobs and income decline. During expansions they, well, expand. So forecasting whether the period ahead will feature better or worse conditions for job-holding and...

We need to make a long-term commitment to Ukrainian victory.  Jack Watling: Given that offensive operations to liberate occupied territories are likely to run through 2023 and are dependent upon Western aid, it is important that Ukraine’s international partners stop periodic announcements about specific lists of equipment and instead articulate a longer-term commitment to structural aid out to 2024. The reasons for this are straightforward....

In 2020, after Democrats had retaken control of the House of Representatives, the third version of the larger bill managed to actually pass the House under the more reasonable title of the Patient Protection and Affordable Care Enhancement Act. Of course, it didn’t even get a vote in the Senate. In early 2021, a temporary version of this bill by Rep. Lauren Underwood, was in the American Rescue Plan (ARP). It passed both the House & Senate on...

A bit of history leading up to the creation of Labor Day as a holiday, the first day of celebration, the politics, how it came to be, and the politics as told by Prof. Heather. That first celebration being held September 5, 1882; at noon that day, when the marchers arrived at Reservoir Park, the termination point of the parade. While some returned to work, most continued on to the post-parade party at Wendel’s Elm Park at 92nd Street and Ninth...

How we got to this point? Maybe now seems like a good time to review the five core truths about the Russia scandal. “Lest We Forget …” | Homeless on the High Desert, August 29, 2022, g’da said “It was a few days after the FBI executed a court-approved search warrant at Mar-a-Lago. Donald Trump started complaining anew about the investigation into the Russia scandal, reiterating his familiar belief that the controversy ‘was a hoax.’” The former...

This was sent to me by Dale Coberly. I was wondering why Dale was sending me trash advertisements. Skimmed it and then it dawned on me. Much of this advertising is made to sway people’s minds to do something. It is the type of advertising I sometimes wish to throw a shoe at the 65-inch screen when it should be shown on a 12 -inch screen. It is especially aggravating, when the advertising includes the famous, the rich, the good-looking, etc....