Tag Archives: politics

Probably told the story of meeting Senator Dick Durbin at Showdown in Chicago during the ABA Bankers Roaring Twenties dance convention at the Sheraton Chicago Hotel & Towers. Had asked him when were Dems going to take a stand and start acting like the party of the majority. Richard Trumka’s remarks are still up and can be read. Much of the other news on the protest of ~5000 protesting the results of banking crash has disappeared. GOP Melts...

Here we are agin, trying to make it easier to trade derivatives. Never mind the lessons we thought we learned when Goldman Sachs called on AIG to ante up. There were little in reserve for the swaps and AIG was ready to collapse. Congress and the Fed (or reverse) saved them and the economy. The issue was Wall Street and Greenspan did not take swaps/derivatives seriously even after the Bankers Trust and Long-Term Capital Management. LTCM crisis –...

Commenter and reader J.P. Mc Jefferson linked to this Lawrence O’Donnell Youtube article “Media still not ready to cover Trump after years of his lies.” It appears; Donald Trump called on the government to “come down hard” on MSNBC and not one major broadcast news network covered it. MSNBC’s Lawrence O’Donnell explains why this is a product of what Brian Klaas calls the “banality of crazy.” It does make you wonder if negative reporting...

November 28, 2023, Letters from an American, Prof. Heather Cox Richardson I broke this down into various topics which makes it a bit more directed. Prof. Heather covers broad and interesting territory on the nation’s political activities. Pence: Here at home, the 2024 presidential campaign is heating up. This morning, Katherine Faulders, Mike Levine, and Alexander Mallin of ABC News broke the story that former vice president Mike Pence had...

I have followed Steve Hutkins and retired Postmaster Mark Jamison for years now. Both Mark and I have had conversations both on and off Angry Bear. It appears we are nearing the end of the reconstruct of the USPS. Whether it works as well shy 50,000 employees with the expectation civilians on their own can manage without the experience of their help, service, and delivery remains to be seen. Long read and a worthy read with links! Delivering for...

With this particular American Hospital Association letter, I pulled out the particular points in which the AHA is pointing out and filing complaints. The balance of the letter can be found at the link above, in the title (below), or in the attached PDF file at the end of this post. Unfortunately, it is too long in making its legitimate points. Insurance typically have a delay in payment which is normal fact. Every plan has different rules for...

I have added little to this commentary. Economist Dean Baker has taken a position on various aspects of the economy. A positive position which you will see many other commentaries trashing. We avoided one hell of a recession to date which would have been the equal to the 2008 collapse due to Wall Street’s addiction to gambling. You will not hear the news media promoting this. I will be posting more on this issue. Meanwhile, there exists a lot...

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, –That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or...

As suggested by New Deal democrat, the nation is experiencing an expansion of the economy which seems less likely to end in a recession. “There has been some commentary that continuing claims mean a recession is imminent or may even be underway. I am discounting that because initial claims have always signaled first, and also because continuing claims have been in the range of 25%-30% higher YoY for the last 6 months without worsening. Turning...

Much of this information is taken from HuffPost, my experiences traveling from Michigan to Upstate New York monthly, and crossing back and forth into and out of Canada at the Niagara Falls Bridge Crossing. It is hard to misbehave on the Rainbow Bridge crossing going from Niagara NY to Niagara Ontario or vice versa. There is usually traffic and it is closely monitored. What was an innocent trip changed after 911. Surveillance was stricter as were...