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

Carbon capture and geoengineering

In a previous post, I made the point that even if all anthropogenic greenhouse gas emissions ceased tomorrow, the half-lives of greenhouse gases already in the atmosphere, together with climate change-driven gas emissions from melting permafrost and methane clathrates doom us to decades more of warming. The only ways to avert this are (1) carbon […]

A “Big Picture” summary of why a recession still looks likely, even if it hasn’t occurred yet

A “Big Picture” summary of why a recession still looks likely, even if it hasn’t occurred yet  – by New Deal democrat The below started out as a comment somewhere else, but it is too good a “big picture” summary of where the economy is today and not to post it here. I still intend […]

Former Ohio House Speaker Finally sentenced to 20 years

As taken from this column and other sources as well. Former Ohio House speaker sentenced to 20 years in $60 million bribery scheme | CNN Politics, Sydney Kashiwagi. A Little Background: FirstEnergy and its executives denied wrongdoing and have not been criminally charged for a scheme to bail the company out.  However, federal investigators say […]

Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support’

Dale Coberly: This is part 2 of a comment I began July 18 on Angry Bear.  It is a reply to an article appearing on the internet by Andrew Herrig at wealthynickel.com  under the title. “With Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support,’” WEALTHY NICKEL, written by Andrew Herrig. […]

New Deal democrats Weekly Indicators for July 17 – 21

Weekly Indicators for July 17 – 21 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha.  At least when it comes to weekly measures of consumer spending, the “waiting for godot” recession seems to have finally arrived. Meanwhile other metrics have been picking up steam as to the near […]

Letters from an American, July 21, 2023, a Friday

July 21, 2023 (Friday), Letters from an American, Prof. Heather Cox-Richardson Defying SCOTUS, redistricting, and the border. On June 8 the Supreme Court affirmed the decision of a lower court blocking the congressional districting map Alabama put into place after the 2020 census, agreeing that the map likely violated the 1965 Voting Rights Act and […]

About the Past

How we humans came to be where we are today had a lot to do with stability and the invention of calendars. Before stability, glaciers came and went. Best we and most other animals could do was run around looking for food and shelter. After the Last Glacial Period(LGP), aka as the Last Ice Age, […]

How long until the historically tight jobs market reverts to trend?

How long until the historically tight jobs market reverts to trend?  – by New Deal democrat There are some very unusual cross-currents going on in the housing sector, revealed by yesterday’s existing home sales report. But it will take some time-intensive organization to present it to you, so I’m saving it for (hopefully) Monday. In the […]