People keep asking about when will Biden fire trump appointee Louis DeJoy? President Biden can not fire Dejoy. Federal law prevents the president from terminating the postmaster general under any circumstances. The nine-member board of governors nominated by the president and confirmed by the Senate has the power to do so. Only five members of the board may belong to the same political party. In turn the board selects the postmaster general. The PG...
Read More »“Why is the press rooting against Biden?,”
Is there an honest newspaper, magazine, etc. that people will read? People do not read any more. They will listen to some pundit on TV telling them how bad they have it. No gasoline lines to wait in, so you can’t complaint about that. Your drive-in maybe took 20 minutes to get that burger, you had to mask up at times, etc. Wow, really rough! Go back to 2008 when Republicans minimized any aid to citizens. The nation spent a few years getting out of...
Read More »Meanwhile in Texas: Privatize the Profits, Socialize the Losses
Under the guise of “protecting” citizens, the Texas legislature, instead of having the gas companies eat their losses from Winter Storm Uri last year, have floated a $3.4 billion bond package to have the taxpayers fund it. The sales pitch is that the gas companies, three large and a smattering of smaller operators get made while whilst the citizens tax dollars fund the bailout over time. As most of you know, Texas doesn’t have income taxes, and...
Read More »Ukraine Vs Russia: Lessons Learned
The current situation is that Russia has abandoned the effort to capture Kiev. Russian forces have been withdrawn from North Central Ukraine and are now operating on an arc from Kharkiv (North East) to Kherson (South Central). So far, Ukraine has won amazing victories and Russia has suffered astonishing defeats. The extreme surprise suggests that we can learn a lot from the war so far. What have we learned ? I will include things that we...
Read More »The Obsolescence of Nostalgia
The Obsolescence of Nostalgia As the crow flies, it is around 200 kilometers from Michilimakinac, where Kandiaronk’s Wyandot people settled in 1671, when he was around twenty years old, to Tehkummah on Manitoulin Island where Isabel Paterson was born 215 years later. It gets even cozier because the Wyandot had been displaced from the south shore of Georgian Bay by the Iroquois Five Nations, who around the same time also displaced the Oddawa,...
Read More »Oregon, a hate State
Commenter and blogger Ten Bears at Homeless on the High Desert had a post-up a couple of days ago depicting issues in Oregon with regard to a high risk for violence. Crooks and Liars picked up Ten Bears post a few days ago the same as Angry Bear is doing today. As Ten Bears comments, it looks like the far right is exercising greater influence over the direction the Republican Party is taking in Oregon. Similar is occurring in Michigan with the...
Read More »TIPS Breakeven vs Michigan Inflation Expectations
I am interested in inflation expectations (acting like a macroeconomist for a change). In particular I am thinking about something Brad DeLong just tweeted. He says his subjective probability of sustained inflation due to expected inflation causing current inflation is still just 40% Why “.only a 40% chance …? Because bond markets expect the Fed to get inflation down to 2% not in the short run of next year but in the medium run of three...
Read More »Safe Healthcare Outcomes for Women Giving Birth
April 2019, I wrote on the topic of A Woman’s Right to Safe Healthcare Outcomes as asked by one organization a woman at ConsumerSafety.Org. It took me forever as I had to acquire greater understanding of the issues. In the end it was well received even though I did not feel it did the topic justice. At the time I noted, commercial healthcare insurance, the ACA covers Postpartum care up to one year. Medicaid covered Postpartum cover after...
Read More »What Politics Am I Missing here?
One Federal Judge ruled against the Administration using Title 42 to expel families due to Covid. Another Federal Judge said children can not be exempted. A different Federal Judge wanted weekly reports. Meanwhile, the state of Texas is filing more challenges to the stopping of expulsion. Arizona is also asking for the expulsions to continue. Advocates for immigrants are asking for expulsion to be stopped due to humanitarian reasons....
Read More »Latest EIA US Oil Supply and Disposition Data
If readers are wondering what is the US doing to alleviate the rising prices of oil during the pandemic and the Russian invasion, RJS has written a good summation of what is going on in the US and where we might be during the drawdown of the SPR. It is dense reading due to the detail. RJS’s Summary; US oil supplies at a 14-year low; SPR at a 19½ year low; distillates exports at a 21 month high; total oil + products exports at a 2 year high The...
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