Tag Archives: politics

[unable to retrieve full-text content]Some Background on Molds Building molding tools is a one-off event. You spend the $tens of thousands and the tool lasts a certain amount of throughput dependent upon material molded (some being more difficult or corrosive) and care. The numbers of cavities will impact costs. Too many and it increases cost of the tool and […] The post Steel and Aluminum Tariffs appeared first on Angry Bear.

[unable to retrieve full-text content]As a lifelong member of The Church of the Second Chance, I get this: “Then he calls his friends and neighbors together and says, ‘Rejoice with me; I have found my lost sheep. ‘ I tell you that in the same way there will be more rejoicing in heaven over one sinner who repents than […] The post RFK Jr comes to Jesus appeared first on Angry Bear.

from Dean Baker (I saw that Jeff Bezos wants the Washington Post’s editorial page to run pieces touting the merits of free markets. Here’s my submission.) There are not many issues on which there is largely bipartisan agreement, so the story we tell about the origin of economic inequality stands out. Both sides agree that the increase in inequality of income and wealth is driven by an unfettered market. The difference is that conservatives say it is wise to accept the outcomes of the...

[unable to retrieve full-text content]Trump posted on his pseudo-twitter site: “I will make sure the U.S. is the Crypto Capital of the World.” He announced something he calls a US crypto strategic reserve. What, exactly, is a crypto reserve? Look, I get it. Money is whatever people use as a medium of exchange and a store of value. And […] The post Crypto capital of the world appeared first on Angry Bear.

[unable to retrieve full-text content]Three charts and some explanation on net interest payments on debt for 2024 and higher in 20525 and 2026. Much of this is due to the pandemic and Biden paying out funds in support of the constituency. The result is higher interest rates as the Fed attempts to stabilize the economy and gain control of […] The post The Impact of Debt Interest Payments appeared first on Angry Bear.

[unable to retrieve full-text content]The Dodd–Frank Wall Street Reform and Consumer Protection Act passage in 2010 was a legislative response to the financial crisis of 2007–08 and the subsequent Great Recession. The CFPB in creation was an independent bureau within the Federal Reserve. Its creation was meant to write and enforces rules for financial institutions, examine both bank and non-bank […] The post What Will Result from Not Having a CFPB appeared first on...

[unable to retrieve full-text content]Candidate Donald Trump promised not to touch Social Security if elected. But President Musk made no such promise, and is already spouting the usual lies to justify cutting Social Security benefits and privatizing the program: “The billionaire argued Friday on “The Joe Rogan Experience” podcast that the United States government is “one big pyramid scheme” […] The post President Musk is coming for Social Security...

[unable to retrieve full-text content]When I was growing up, our vacations involved camping each night. With five kids, it was a way to maximize vacation travel while minimizing costs. We would often camp at national parks. And of course, having grown up in East Tennessee, I visited the Great Smoky Mountains National Park many times. Our national parks are […] The post National Parks RIP appeared first on Angry Bear.

[unable to retrieve full-text content]My associate at Angry Bear or as you may know him better as Prof. Joel Eissenberg has some thoughts on what happened with Trump and Vance. It may be legitimate and we shall see. “my (Joel) thought was that this encounter might have been staged rather than be authentic. Like “reality TV.” My thought was […] The post Some Angry Bear Thoughts plus Some History appeared first on Angry Bear.

[unable to retrieve full-text content]Here we are EOM February, have economic projections improved under Trump? I do not believe, this administration gives a damn about economic projections. It is open to questions though. 🙂 Stay-At-Home Macro (SAHM), “The Fed’s Summary of Economic Projections isn’t living up to its promises,” Claudia Sahm On December 18th, the Fed officials voted to […] The post Economic Projections is not living up to its promises...