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

The Higgins Memo, Anders Breivik and the Lyndon LaRouche Cult

Atlantic: An NSC Staffer Is Forced Out Over a Controversial Memo Esquire: This Is Pure, Unadulterated American Crazy Foreign Policy: Here’s the Memo that Blew Up the NSC Mother Jones:You Should Read the “Maoist Insurgency” Memo. It’s Bananas Wonkette: Of Course Trump Loves This Fucking Bonkers NSC Memo Calling For Civil War Back in 2011 after mass murderer Anders […]

Why subsidize protectionism motivated investors?

The already infamous case of Foxconn in Wisconsin illustrates a dynamic we are likely to witness more before we are rid of the illegitimate Trump regime. One of the regime’s hallmarks has been a set of unpredictable trade policies with a definite protectionist tilt. The United States was withdrawn from the Trans Pacific Partnership agreement […]

July jobs report: across the board solid

July jobs report: across the board solid HEADLINES: +209,000 jobs added U3 unemployment rate down -0.1% from 4.4% to 4.3% U6 underemployment rate unchanged 8.6% Here are the headlines on wages and the chronic heightened underemployment: Wages and participation rates Not in Labor Force, but Want a Job Now: down -11,000 from 5.431 million to […]

Disruption of comments

Dan here…I have been notified that there are some problems with comments, such as updating the number of comments, automatic fill in of data for regular users, and comments can ‘disappear’ before completion (which btw just happened to my first try at this note), I have notified MEV tech of the problems. I will disappear […]

Rampant judicial activism

Via Slate by Dahlia Lithwick and Mark Joseph Stern: The Clarence Thomas takeover But Thomas is more than just the Trump administration’s philosophical hero. His once-fringy ideas are suddenly flourishing—not only on the high court, through his alliance with Gorsuch, but also in the executive branch. … Everywhere you turn in Trumpland, you’ll find a slew of […]