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Tag Archives: politics

New 20+ year record high mortgage rates begin to impact home sales

New 20+ year record high mortgage rates begin to impact home sales; bifurcation in new vs. existing home prices continues  – by New Deal democrat In addition to updated reports on new home sales and prices, and existing home prices this morning, there’s some very important news on mortgage rates. Namely, at 7.51%, mortgage rates are the highest they have been since December 2000. Here’s what they looked like through the end of last week:...

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Bad Journalism

Hmm. Maybe Trump *does* have a point about the lying press after all. Here’s the Reuters headline:“Biden, Trump to woo union workers in Michigan as auto strikes grow”So where are Trump and Biden going to woo union workers?“Former President Donald Trump is scheduled to visit a Macomb County automotive supplier of engine and transmission parts Wednesday, the day after President Joe Biden is set to visit a United Auto Workers picket line in Wayne...

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Reestablishing the Senate’s dress code when they are worthless

The Senate is pretty much worthless. A dress code, you gotta be kidding me. What is this Omega Theta Pi? Dems really need to concentrate on the issues and lay into Repubs on their failure to pass a budget, etc. Why should Dems play nice when Repubs don’t. It is about time someone took a different stance. Fetterman is different than the normal arrivals in government. As far as Durbin, he gave a speech at Showdown in Chicago which I attended....

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A Healthcare Insurance System Making Patients Sicker and CEOs Rich

A bit of a rewrite on this commentary to make it clear and precise in what it is saying. What is occurring is the Insurance Companies and their CEOs are profiting off of our illness. Insurance Policy pricing keeps going up along with the healthcare insurance deductibles. Unless one can afford the insurance premiums, people rely on higher deductibles. The other issue is such profit taking by executives can leave a company at risk when the economy...

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Fentanyl, Methadone, Buprenorphine and Naltrexone

One of these things is not like the others. Fentanyl is killing about 70,000 Americans a year. The others are known to be useful in treating opioid dependency yet (in 2014 sorry will Google more) only half of private opioid use disorder treatment programs offered pharmaceuticals and less tha one third of patients actually received the drugs “The proportion of opioid treatment admissions with treatment plans that included receiving medications fell...

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Backwoods USA, Mom Sentenced to Two Years for helping Daughter

US mother sentenced to two years in prison for giving daughter abortion pills, Backwoods and Out Houses USA, The Guardian This is not horrific. It is what happens to people when there is no way out. The horrific part is the state which forces people to take any means possible. ~~~~~~~~ Jessica Burgess, a Nebraska mother accused of helping her teenage daughter use pills to end her pregnancy, was sentenced on Friday to two years in prison....

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Striking Auto Workers, “Again” Justice Thomas, ” Indicted Dem Senator

“So a Democratic Senator is indicted on serious charges, and no Democrats attacking the Justice Department, no Democrats attacking the prosecutors, no Democrats calling for an investigation of the prosecution, and no Democrats calling to defund the Justice Department,” wrote former Republican representative from Illinois and now anti-Trump activist Joe Walsh.  “Weird, huh?” AB: More on this in the second half of Prof. Heather’s commentary . . ....

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Big Picture Summary Inflation and Housing

The Big Picture of the housing market, and its almost complete bifurcation, in 3 easy graphs  – by New Deal democrat I want to spend some time commenting on the broader issue of why the public perceives inflation is still rampant, even though almost all official measures show it rapidly decelerating, and even completely absent on a YoY basis currently by a few measures. A big part of that has to do with housing, and since I’ve discussed several...

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It is not the economics,

The myth of markets How is it that a market created by Madison Avenue becomes prescient? Omniscient? It doesn’t. It isn’t; never was. Like capitalism, the primacy of private healthcare and the myth of markets are a big lie.The planet is dying from our burning of fossil fuels, yet we hear ‘news readers’ demand that alternative energy needs to be competitive with fossil fuels. Like hell, it does. Markets may, probably do, have a place in an economy,...

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Marine Drones, Jamming and Full Frontal Nudity

Hah got your attention there. The connection is Austrian-American actress Hedy Lamarr pionere of Cinematic nudity, Marine drone technology and the anti jamming anti interference technology on which WiFi is based. Notable for the first Hollywood full frontal nudity scene and the concept of an un jammable, uninterceptable, radio controlled torpedo. Lamarr was born in Austria and married a guy who owned a company which made torpedoes. Post WWI when...

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