Relevant and even prescient commentary on news, politics and the economy.

Expanding BRICS?

Expanding BRICS?  Chinese paramount leader Xi Jinping has called for the BRICS group to expand to include Kazakhstan, Uzbekistan, Thailand, Indonesia, Argentina, Nigeria, Senegal, Egypt, and Saudi Arabia. The original group, suggested by the research department at Goldman Sachs in 2001 as a group to leading future world economic growth was Brazil, Russia, India, and […]

SPR and Supplies Low, Total Oil and Products the Same

RJS, Focus on Fracking Summary: Strategic Petroleum Reserve at a 34 year low, US oil supplies at a 17 year low, total oil + products  inventories at a 13½ year low The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending May 13th indicated that after a jump in […]

LBJ, a man with gargantuan appetites and ambitions

I stole this comment from a place from I read on a regular basis. An Incredible commentary. Having grown up in that era, I felt it had merit and believe the commenter gets it right. The programs mentioned here are under attack by Republicans. SCOTUS is using nondelegation as the basis to dismantle programs. Congress […]

Baby Boomers Unretiring

“Will baby boomers unretire?” (beckershospitalreview.com), Molly Gamble, Becker’s Hospital Review Me: I am seeing this phenomenon happening quite a bit myself with multiple inquiries on job status. Millions of older Americans have returned to work in recent months, with nearly 64 percent of adults between ages 55 and 64 working in April. Essentially this is […]

Coronavirus dashboard for May 20

Coronavirus dashboard for May 20: signs of a peak in BA.2.12.1 in bellwether jurisdictions; is BA.4/BA.5 next? With no significant economic data today, let’s take a look at where the BA.2.12.1 COVID wave is. Nationwide cases (thin line below) have increased about 3.5x from their bottom of roughly 26,700 five weeks ago, to just over […]

Your Subsidy Expires? What You Will Pay for Healthcare Insurance

As is typical, Charles Gaba at ACA Signups.net has the answers to the question. Charles does a lot more of this type of analysis such as the Healthcare’s Three – Legged Stool, ACA Enrollment, Risk Pools, etc. All three of these are at Angry Bear. I am not sure why Michigan state and federal legislators […]

Review of “The Prophet” by Isaac Deutcher

“Until we are done with the ironies of history (because they will never be done with us), the image of Trotsky will not dissipate.”~Christopher Hitchens I’ve had a lifelong fascination with socialism, communism and the Cold War. This probably springs from having grown up during the Cold War at nuclear ground zero for World War […]

Oh no!  Vaccination is ineffective, and deaths in Australia are surging!

Let’s check back in on the authoritarian hell hole of Australia. Donald Boudreaux is still tirelessly working to educate people about the dangers of lockdowns and the wisdom of the Great Barrington Declaration strategy of “focused protection”.  Today he quotes this paragraph from an essay by Gigi Foster posted at – hold your breath! – […]