Dana Millbank at the Washington Post points us to JD Vance, the MAGA Republican from Ohio running for a Senate seat in Congress and a potential American Julius Caesar. “‘Friends, Romans, countrymen, lend me your ears: They have come to resurrect Caesar. MAGA Republican leaders take umbrage at being accused of ‘semi-fascism,‘ which is understandable: […]
It is refreshing to see Dean Baker using one of the words I use to describe what the FED does when they are hiking Interest Rates. Those FED actions do not create results over night. Because they can’t, read on. Powell appears to be frustrated by the lack of economic slowing. Maybe there are other […]
Focusing on the short end of the yield curve – by New Deal democrat When most analysts talk about yield curve inversions, they typically mean a measure of the 10 year bond vs. a shorter maturity like 3 month or 2 years. These certainly have merit – in fact the 10 year minus 2 year inversion […]
“Computer experts urge Georgia to replace voting machines,” (msn.com), Kate Brumback Should Georgia replace present voting machines with paper ballots? CNN — A Republican County official in Georgia escorted two operatives working with an attorney for former President Donald Trump into the county’s election offices on the same day a voting system there was breached, newly obtained video shows. […]
Summary: More on the Ukraine war, Russia calling up soldiers, Putin’s referendum, and a threat of nuclear consequences if the referendum is interfered with by something, someone, and his imagination. President Biden answers Putin’s threats. New York AG Letitia James filed a $250 million civil lawsuit against Donald Trump, the Trump Organization, and the family. […]
“Diesel Ram Owner Crushes Truck After New Jersey DEP Orders Deleted Emissions Fix,” (msn.com), Caleb Jacobs One diesel pickup truck owner was hoping to sell his modified diesel engine pickup truck. Unfortunately, the State of New Jersey DEP would not be issuing a new title unless he restored the pickup truck to its former EPA […]
Jobless claims: the positive trend continues – by New Deal democrat For yet another week, initial jobless claims continued their reversal from had been in an almost relentless uptrend from spring through early August. This week initial claims rose -5,000 to 213,000 from a revised 3 month low of 208,000, while the 4 week average […]
Review of “Demagogue” “Demagogue: The life and long shadow of Senator Joe McCarthy” by Larry Tye is a particularly timely read as the nation continues in the grip of another political bully, Donald Trump. The parallels in their methods are striking and the degree to which McCarthy held the nation in thrall during the 1950s […]
Herd consolidation seems to be the main point being plugged right now as the total herd population of beef cattle is dropping and will continue to drop well into next year. This mirrors the 2014 cattle year where we had a steep downturn in total US herd. Next year will be more of the same […]