Tag Archives: politics

Initial claims move closer to red flag recession warning  – by New Deal democrat Initial jobless claims declined -12,000 last week to 237,000. The four week average declined -6,750 to 246,750. With a one week delay, continuing claims increased 11,000 to 1,729,000: More importantly for forecasting purposes, the YoY% increases were 7.2% for the weekly number, 14.5% for the 4 week average, and 31.6% for continuing claims respectively: This...

Angry Bear has been writing about the Opioid epidemic and what has been influencing it for years. I was to write on it at one time and continued to do so. It would seem there should be more coming forth from companies who promoted its use. If we go back and read the Jink and Porter letter misused to promote the use and sale of an Opioid, one can see how its use grew. $50 billion is not enough to resolve the damage done. How $50 billion in opioid...

Angry Bear has been writing about the Opioid epidemic and what has been influencing it for years. I was asked to write on it by an association and continued to do so. It would seem there should be more money coming forth from companies who promoted its use. If we go back and read the Jink and Porter letter misused by Purdue and other companies to promote the use and sale of an Opioid, one can see how its use grew. The $50 billion is not enough to...

This story may not be your cup of tea. I found it interesting. Interesting it took way too long to bring justice for a man falsely accused and carrying the burden of such to his grave. There are three different articles to be read for which I did not do enough justice. NYT has a different version than the New Yorker. Energy Secretary Granholm’s letter vacating the AEC’s order makes for an interesting read also. The story in the New Yorker by Kai...

Interesting article about local communities beginning to sue energy companies because of climate change and the mischaracterization of how oil products impact the nations climate. Down in Phoenix, we are seeing temperatures approaching the one hundred and teens. No relief is in sight for a couple of weeks. The same can be said for other parts of the country. The intriguing part is how the industry and advertisers are going about with messaging of...

I subscribe to Letters from an American as written by Prof. Heather to which she has hundreds of commenters. Of course, I answer some when if comes to economics, manufacturing, and supply chain. The latter two being the source of my income for some 40-something years. Rising through the ranks most certainly gave me the knowledge to access issues and provide solutions many of which were not agreed to till they were successful. Of course, I did not...

I believe the shadow docket will become controversial given it lacks the transparency of a typical court hearing which records the verbalization of the court giving reason for decisions. In instances, where a decision is needed, the court should be meeting and deciding. One issue amazes me, the lack of any verbalization on promoting the death sentence. In most instances, they promote the continuance of it. If such is the case, they should attend a...

Differences between Japan and the US Debt. Explain how Japan can manage twice the debt/GDP with no problems but the US is headed to a crisis. Or is the issue really about unnecessary deficit spending due to tax breaks skewed to upper income brackets? Open Thread July 2, 2023 Partisan SCOTUS, Angry Bear, angry bear blog Tags: Open Thread July 9 2023...

I have been looking around for a simpler explanation of what the Shadow Docket is. This, before a deeper dive into it. It is more like a secret club where a bunch of judges get together and decide the fate of a particular subject without a formal presentation to the court or documentation open to review. No or few records cover the decisions. The number of decisions in 2022 outnumber the more formal decisions. It was a favorite of the trump...

Wisconsin governor’s 400-year veto angers opponents in state with long history of creative cuts, AP News, Scott Bauer. Wisconsin’s governor attempted to lock in a school funding increase for the next 400 years by issuing a partial veto that angered his Republican critics and marks the latest creative use of the unique gubernatorial powers in the state. Wisconsin allows governors to alter certain legislation by replacing words and letters...