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

Chief Justice John Roberts Almost Had Me Fooled

by Charles P. Pierce Esquire AZ State Senator Justine Wadsack thought she was privileged and a state cop calls her out with a ticket. SCOTUS Chief Justice John Roberts does the heavy lifting to save the orange one’s reputation. Small issue being the orange ones prompting of an insurrection. Robert would not compromise and why […]

Q2 Update: Delinquencies, Foreclosures and REO

by Bill McBride Calculated Risk Newsletter Intro: Former Angry Bear writer Bill McBribe taking up the issues of Mortgage Delinquency, Foreclosures, and Real Estate Owned (REO) foreclosed housing. The value of which decreased in the second quarter to (what Bill calls) a historically low total. Read on. We will NOT see a surge in foreclosures that would […]

Is Medicare Advantage finally hitting a roadblock?

From everything I’ve read, Medicare Advantage is just as scam. By the time my Lovely And Talented Wife® retired and shifted to Medicare two years ago, she took the regular Medicare. This July when I retired, I followed suit. Turns out, a growing number of hospitals and health systems nationwide have dropped some or all […]

Listeria Contamination with Processed Foods

Usually, listeria contamination comes from poor cleanup after a “lot-size” of a product is complete. It thrives in a moist, colder environment. Lunch meat, hot dog, sausage etc, manufacturing environment can be prone to having listeria contamination. After a lot or a shift is complete, the machines and the rooms have to be cleaned. The […]

U.S. Defense Spending in Historical and International Context

The U.S. economy has been growing faster than military spending, so defense spending as a share of GDP has been decreasing. While the $dollars spent are increasing, the percentage of GDP Defense Spending takes up has been decreasing since 1952. Perhaps a better question is do we really need to spend this much on Defense? […]

Immigrant Deportations During the Trump Administration as Compared to Previous Administrations

by Tara Watson Williams College EconoFact “Relative to the late Bush and early Obama eras, the Trump administration removed a modest number of immigrants from the nation’s interior.” One would not think such was true. Apparently and as in other instances, the numbers say differently. Keep in mind this report is from 2021. It does […]