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

A second nuclear era?

I grew up in Oak Ridge TN in the 1960s. It would have been hard to find any city in the world more pro-nuclear at that time*. Since then, nuclear power plant building went into decline in the US, partly because of concerns over safety. But any serious effort to decarbonize the world’s energy will […]

Economic Projections is not living up to its promises

Here we are EOM February, have economic projections improved under Trump? I do not believe, this administration gives a damn about economic projections. It is open to questions though. 🙂 Stay-At-Home Macro (SAHM), “The Fed’s Summary of Economic Projections isn’t living up to its promises,” Claudia Sahm On December 18th, the Fed officials voted to […]

Charles Gaba Commenting on Trump and Vance

Charles Gaba at ACA Signups commenting on Trump and Vance selling out Ukraine. Today if you missed it, you can see our best of the best negotiators bullying Zelinsky as they attempt to sell out Ukraine to Russia. And still Trump wants to have access to Ukraine’s minerals. What jackasses we have for leadership. If […]

Time for A Few Small Repairs?

Citigroup credited a client’s account with $81tn when it meant to send only $280, an error that could hinder the bank’s attempt to persuade regulators that it has fixed long-standing operational issues. Yes, that is 81 trillion U.S. Dollars, which about says it all. The good news for Citi is that–this time–they managed to get […]