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

“The US is a white Christian country. Everyone else is here on sufferance:”

“The US is a white Christian country. Everyone else is here on sufferance:” Donald Trump, James II, and the Glorious Revolution – by New Deal democrat For the past year +, I have been reading about the History of Republics -really, a History of the Rule of Law – that has taken me through Ancient […]

Lifted from comments (Fred C. Dobbs)

The most complicated election in modern history is coming — soon. Are we prepared? via @BostonGlobe – September 20 A TEST FOR DEMOCRACY Experts worry about a nightmare election during a pandemic marred by disenfranchisement and chaos, followed by an acrimonious legal and political dispute over the results that would test the nation’s democratic resolve. […]

2019: the year that the late economic expansion finally bore fruit for nearly all of society

2019: the year that the late economic expansion finally bore fruit for nearly all of society Yesterday  (Sept. 16) the Census Bureau released its 2019 information concerning median household income and poverty rates. Unfortunately, this data is always released in September of the following year, so is already somewhat stale. Just for example, since the […]

August housing permits and starts bode well for 2021 economy

by New Deal democrat August housing permits and starts bode well for 2021 economy  As I mentioned yesterday, August housing starts and permits were reported. Since they are important long leading indicators, I promised an update. And here it is, up at Seeking Alpha. As usual, clicking over and reading should be educational for you, and […]

COVID-19, Moderna Therapeutics mRNA Vaccine, and Crichton

I understood how some combinations of drugs work in attacking Covid-19 with one drug acting as an ionophore allowing another drug to enter a cell and attach to Covid RNA stopping its replication. I found this nice chart on National Geographic offering up an educational semi -medical and microbiologist depiction of how Moderna’s new vaccine […]

Real retail sales gains join industrial production in sharp deceleration

Real retail sales gains join industrial production in sharp deceleration Two days ago we saw that gains in industrial production had decelerated sharply in August. This morning we saw the same thing with real retail sales, one of my favorite indicators. Nominal retail sales were up +0.6% in August. Meanwhile, July’s reading was revised downward […]