On the road, and missing all the fun on Wall Street . . . I’m still on the road, and there is no important economic statistic to report, but I will make a brief market comment. YoY stocks are now down 10%. Except for the very bad 1982 and 2008 recessions, and the 2000 Nasdaq […]
I grew up in Oak Ridge TN, where the uranium was enriched for the Hiroshima bomb. There’s a recent piece on the NYT on Oak Ridge and desegregation. One of the local players at the time was Waldo Cohn, a chemist and symphony conductor, who was on the school board at the time. Here’s his […]
I do not remember the first time I ran across Treehugger. It was probably at Slate where I was writing in Moneybox and The Best of The Fray. Slate was featuring Treehugger in a series called “Go on an eight-week carbon diet” as written by Meaghan O’Neil in October 2006. Time does fly, doesn’t it? […]
RJS: Focus on Fracking Summary: US oil supplies at a 17½ year low with SPR at a 35 year low; refinery utilization highest since 2019, refinery throughput highest in 17 months; gasoline supplies at a 6 month low even with gasoline imports at a 46 week high The Latest US Oil Supply and Disposition Data […]
A Deadline Passes And Stalin Is Exchanged For Peter The Great, Barkley Rosser, Econospeak I am not all that much into posting about the ups and downs of the Special Operation in Ukraine, but it seems that there has been one of those lines crossed. While it was not widely publicized, June 10 was apparently […]
I have been bugging Alan at Student Loan Justice to talk more about Student Loan interest, etc. accumulating on these loans. As you can see it is not unusual to accumulate more interest or other costs than the original loan amount. It is also not unusual for the servicer to collect interest before paying down […]
To Be Discontinued: The Postal Service identifies 170 suspended post offices for permanent closure, Save The Post Office, Steve Hutkins Earlier this week the Postal Service shared a list with the Postal Regulatory Commission identifying 170 post offices that were “temporarily” suspended several years ago and that will soon be closed permanently. The list was submitted as […]
Consumer prices rise 1% in May alone; owners’ equivalent rent at 30 year high; expect the Fed to keep stomping on the brakes Today is a travel day for me, so I’ll keep this relatively brief. People who were hoping inflation would abate did not get the news they wanted from the May CPI. Consumer […]
Expected reversal of Miranda requires states to step up on policing to replace it. A lesser-known case appears to likely to upend another constitutional precedent—Miranda rights. This case, Vega v. Tekoh, asks whether a person’s federal constitutional rights are violated if a police officer fails to inform them of their rights to remain silent, to be represented […]
“Ten Bears” poking at Fox News and Republicans downplaying the January 6 Insurrection by not broadcasting the 1st of six Hearings and probably the rest. One can only hope they will change their minds and take ownership of what they helped to sponsor. It is evident with their continuous denials, Homeless on the High Desert, […]