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

A Free Market is Always Full of Cheap Ideas

A Free Market is Always Full of Cheap Ideas I may have scoffed in the past at the notion of “the marketplace of ideas” but I am coming around to think that maybe it’s not such a bad metaphor. Back in the days of primitive economy, families, clans, tribes produced and consumed their own subsistence. […]

Single Payer Health Care Financing – Part 2

PNHP Single Payer Healthcare Financing Series, Kip Sullivan JD Kip Sullivan is known for his commentary on commercial healthcare and healthcare insurance. He is one of the few who can honestly depict what the issues are today and where we are going with healthcare in the US. In this segment Kip discusses the overuse of […]

House price increases continue to show strong market at the end

House price increases continue to show strong market at the end The last housing market data for 2021, the FHFA and Case Shiller house price indexes, were reported this morning. Both showed a very slight deceleration in the soaring prices that have marked this year. The FHFA purchase-only index rose 1.1% for October. The YoY% […]

Single Payer Healthcare Financing Series -Part 1

I ran across this three-part series while reading one of Kip Sullivan’s articles “Kip Sullivan on the Creeping Privatization of Medicare, ” Corporate Crime Reporter PNHP Single Payer Healthcare Financing Series, Kip Sullivan JD If you wish to understand the evolution of healthcare, like All On 4, and how we got to this point the […]

A Looming Anniversary Passes

A Looming Anniversary Passes  Yesterday was the 30th anniversary of the end of the Soviet Union.  I previously posted here about this looming anniversary, arguing that the large troop buildup of Russian troops on the Ukrainian border along with the many strong demands being made by V.V. Putin of various parties reflected his high awareness […]

Natural Gas Up, SPR same, Oil Supply Down, Gasoline Supplies Up

Commenter Blogger RJS Summary: Natural gas supplies above average for first time since April. Strategic Petroleum Reserve at a 19-year low. Total oil & products supplies near a 7-year low. Total oil supply falls by most in 25 weeks. Gasoline supplies jump most in 20 months. Distillate’s demand falls by most in 5 years. DUC […]

Capitol Rioters PPP Loans are Forgiven, But Not Those Damn Students Loans

I saw this story on PPP Loans at Crooks and Liars (Chris capper Liebenthal). It was a “wow” moment. “The Capitol Rioters Had Their Big PPP Loans Forgiven by the Government” Daily Dot, Eric Leval “The Paycheck Protection Program (PPP), promised to cover the cost of employee payroll of small businesses, at a time when […]

Weekly Indicators for December 20 – 24 at Seeking Alpha

by New Deal democrat Weekly Indicators for December 20 – 24 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Surprisingly, so far the Omicron variant has had no deleterious effect on any of the data, and in particular, on restaurant reservations. As usual, clicking over and reading will bring you up to […]

November Durable Goods: New Orders up 2.5%

November Durable Goods: New Orders up 2.5%, Shipments Up 0.7%, Inventories Up 0.6%, MarketWatch 666, RJS The Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for November (pdf) from the Census Bureau reported that the value of the widely watched new orders for manufactured durable goods increased by $6.5 billion or 2.5 percent to […]