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

Distinguishing science from pseudoscience

When I was in college majoring in microbiology, we were taught that diseases like scrapie, Creutzfeldt-Jacob and kuru were caused by “slow viruses.” Over many years, it has become clear that misfolded proteins, not viruses, are the cause of these and other spongiform encephalopathies. Stanley Prusiner struggled for a long time to convince the scientific […]

Who owns your medical records?

Who owns your medical records? Gooz News, Merrill Goozner February 12, 2024 Hint: It’s not you. Nor do they belong to taxpayers, who paid for their collection. Merrill Goozner talks about Medical records. Merrill comments also offer up more detail about Lurie Hospital being hacked. Angry Bear had also covered the Lurie Hospital. Cyber thieves […]

The bottoming process in existing home sales continues, as YoY price comparisons increase

The bottoming process in existing home sales continues, as YoY price comparisons increase  – by New Deal democrat The bifurcation of the housing market between new and existing home components continues, as existing home sales continue near their bottom, but with a little improvement. Specifically, in January sales increased 120,000 on an annualized basis from an […]

The good news on jobless claims continues

The good news on jobless claims continues  – by New Deal democrat The good news on jobless claims continued this week, as initial claims declined -12,000 to 201,000. The four-week moving average also declined, by -3,500 to 215,250. Continuing claims, with the usual one-week delay, declined -27,000 to 1.862 million: Needless to say, this also helped […]

Rally to restore public comments at meetings of USPS Board of Governors

Apparently, US PMG Louis DeJoy is taking a lot of heat about the continuing failure of the post office in reaching his detailed goals. Having not evolved from the Post Office, Louis is having a tough time implementing processes and procedures that may have worked to some extent in the public sector. Except the USPO […]

Biden’s high-tech problem in Michigan

Hemlock Semiconductor continues as an independently run entity with two shareholders: Corning Inc. owns 80.5%, and Shin-Etsu Chemical owns 19.5%. Hemlock specializing in specialty glass, ceramics, and related materials and technologies used in semiconductors. Biden has a high-tech problem in Michigan, Christine Mui, Politico, 02/20/2024 Some Information Corning Incorporated is an American multinational technology company specializing in specialty glass,  ceramics, and […]

Perceptions of inflation vs. wage growth: why the divergence?

WEDNESDAY, FEBRUARY 21, 2024 Perceptions of inflation vs. wage growth: why the divergence?  – by New Deal democrat My recent travels included visits to cousins and their children on both sides of my family. Without any prompting from me, inevitably the table talk turned to the state of the economy. Rather than Bigfoot the opinions […]

Asymptotically we Will all be Dead

This will be a long boring post amplifying on my slogan “asymptotically we will all be dead.” I assert that asymptotic theory and asymptotic approximations have nothing useful to contribute to the study of statistics. I therefore reject that vast bul of mathematical statistics as absolutely worthless. To stress the positive, I think useful work […]