A note on Middle Eastern turmoil and gas and oil prices – by New Deal democrat While we wait for producer and consumer inflation data later this week, here’s a note about gas prices. With the newest shock in the Middle East, conventional wisdom is that the price of oil and gas will spike. And maybe they will, but the truth is, because of the involvement of both market and geopolitical players, nobody really knows. Remember that Russia’s...
Read More »12% of Americans are eating half of the nation’s beef
Men and Older Americans Eat the Most Beef, businessinsider.com, Catherine Boudreau Just 12% of Americans are eating half of the nation’s beef — the ‘Hummer of animal proteins.’ A study found twelve percent of Americans are eating half of all the beef consumed in the US in a day. Fifty- to sixty-five-year-old men are most likely to eat beef. Some benefits could be had for the planet if some people ditched beef for another protein....
Read More »Weapons Manufacturer Ditches Blue State, Moves South to Get Out of the Heat
Weapons Gun Manufacturer Ditches Blue State, Moves South, America Insider Carver Malone. NRA Executive Director of Advancement Tyler Schropp . . . “This move is a testament to their enduring legacy, their commitment to firearm excellence, and to the importance of preserving America’s gun industry and Second Amendment rights in a fair environment.” “Representing millions of NRA members and gun owners, the NRA was proud to be the tip of the...
Read More »September 2023 jobs report: a look at leading indicators
Scenes from the September jobs report: a look at leading indicators – by New Deal democrat Today is a holiday, so no new economic news. So let’s take a look at some of the leading indicators I was tracking last week for the employment report, and some leading indicators for the economy within that report itself. In the JOLTS report for August last week, quits rose slightly from their 30 month low set in July, leaving the declining trend...
Read More »New Deal democrats Weekly Indicators for October 2-6 2023
If you get a chance, wander over to Seeking Alpha and read New Deal democrat’s very thorough take on the economy. You can set up a fee, limited account there. AB Weekly Indicators for October 2 – 6 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. While interest rates have continued to rise to multi-decade highs, shorter term indicators continue to chug right along, both on the producer and the...
Read More »Open Thread October 9, 2023 Civilian Lives
A Jewish American Living in Berlin, Matt De Vlieger, “Not all civilians are equal: 3,803 Palestinians, 177 Israelis since 2008.” The concern for civilian lives appears to waver, leaning disproportionately towards one side. Spare me your war stories. This old Marine Sergeant does not care to hear them. The Gaza is six miles wide. It is a fish in a barrel shoot with either 105 or 155mm Howitzers. A 155mm round can go back and forth almost multiple...
Read More »Medicare Advantage Overbilling Taxpayers by $140 Billion a Year
Medicare Advantage Overbilling Taxpayers by $140 Billion a Year, This is Enough to Wipe Out Medicare Premiums, Informed Comment, Juan Cole and Jake Johnson. AB‘s Joel sent me an Informed Comment article. I read the article and knew there was more to the issue than just overcharging the government by upcoding Medicare Advantage plan members. Merrill Goozner writes GoozNews and got the jump on this topic before me in March of this year. Catching up...
Read More »Pick the greater of Two Threats
As reported by Crooks and Liars . . . Shirtless man with a holstered handgun, went to the Wisconsin governor’s office on the first floor of the Wisconsin state recently. State Department of Administration spokesperson Tatyana Warrick said, the man was demanding to see the governor who at that time was not in the building. The man was taken into custody for openly carrying a firearm in the Capitol, which is against Wisconsin law. Weapons can...
Read More »Dog Bites Man
New York Times political reporter focuses on a minor issue involving Democrats and not the utter collapse and insanity of the Republican party. One might think that the story of leading candidate Donald Trump casually revealing top secret information was worth further discussion aside from the article printed on page A3. One might imagine that the complete inability of Republicans in the House of Representatives to do anything non desctructive...
Read More »Managing bad political behavior in a cool, strategic manner
I want to use a tweet by Josh Marshall of TPM to make a broader point about strategic thinking in politics, the situation in the Republican House, and state of competition between Democrats and Republicans. Here is Mashall’s tweet: The idea that Ds should have bailed out McCarthy is a codicil of the larger logic of DC punditry in which R bad behavior/destruction is assumed, a baseline like weather, and Ds managing the consequences of that...
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