[unable to retrieve full-text content]“Hundreds Of Law School Deans, Professors, Law Firm Partners, And Former Judges Demand That Government Officials Obey ‘The Rule of Law,'” Above The Law In the face of danger to our democracy, leaders of the bar are stepping up to the plate to ensure its safety. The rule of law is considered the bedrock principle […] The post Obeying The Rule of Law appeared first on Angry Bear.
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Tariffs and Consumer Prices Insights
[unable to retrieve full-text content]Both Joel and New Deal democrat had commentaries on Angry Bear about Real GDP. Economist Claudia Sahm had an evaluation piece on the impact of the Federal Government labor reduction to the economy. No recession according to her analysis and just economic uncertainty. New Deal democrat suggests we should take the Atlanta Fed’s NowCast negative […] The post Tariffs and Consumer Prices Insights appeared first on Angry Bear.
Read More »Trump’s betrayal
I am in a grim and introspective mood this morning. I have been reflecting on how my father might react to where we are. He was one of those who fought against fascism. His life was shortened by being wounded during that fight. As a result, I never knew him as a healthy person. What, I wonder, would he make of America’s turn away from democracy and towards autocracy? What would he make of the pillaging of Ukraine’s resources as payment for so-called “aid” given by America in...
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Read More »Why Banking Isn’t What You Think It Is
[unable to retrieve full-text content]Michael Hudson unpacks the realities of modern banking, economic rent, and financialization. He explains how banks create credit, why Western financial systems differ from China’s, and how economic rent distorts markets. Hudson critiques the multiplier effect, arguing that debt-driven economies are unsustainable. He also explores the evolution of capitalism, discussing Marx’s labor theory of value and the role of industrial capitalists in...
Read More »More Slow Growth
[unable to retrieve full-text content]Economically weighted ISM indexes for February indicate continued slow growth – by New Deal democrat Because manufacturing is now of much less importance to the economy than in the decades before the Millennium, I now use a weighted average of the ISM services index (75%) as well as manufacturing (25%) as the primary forecasting tool. […] The post More Slow Growth appeared first on Angry Bear.
Read More »My Father’s Disgust
from Peter Radford I am in a grim and introspective mood this morning. I have been reflecting on how my father might react to where we are. He was one of those who fought against fascism. His life was shortened by being wounded during that fight. As a result, I never knew him as a healthy person. What, I wonder, would he make of America’s turn away from democracy and towards autocracy? What would he make of the pillaging of Ukraine’s resources as payment for so-called “aid” given...
Read More »SCOTUS and the power of the purse
[unable to retrieve full-text content]Trust is sine qua non in a democracy. Citizens simply must trust that those in power will follow the law. When that trust breaks down, it leads to assassinations, coups and civil war. The idea that the SCOTUS is the final arbiter of what is and isn’t legal is based on nothing in the Constitution. […] The post SCOTUS and the power of the purse appeared first on Angry Bear.
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