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

The latest Republican assault on higher education

Earlier, it was a dramatic cut in indirect costs on all federal grants and outright cancellation of some grants. Now, congressional Republicans are mulling a steep tax on university endowments. “Republicans are considering increases to the university endowment tax to help reduce the national deficit and as a potential lever to force universities to comply […]

Tariff is a beautiful word

Trump says “tariff” is a beautiful word. Maybe for him, but not for American companies and consumers. “Walmart thought it could use its immense power as America’s biggest retailer to make Chinese suppliers eat the cost of President Donald Trump’s tariffs. But Walmart got a response it’s not accustomed to hearing: No. “Trump has slapped […]

23andMe files for bankruptcy

I got my genome sequenced several years ago by Veritas Genetics. They were running a special for whole genome sequencing at 30-50x coverage for $200, and for an extra $100, I got my variant call file. For a molecular geneticist, this was a dream come true! Now, anytime I see a variant reported as linked […]

Exporting our talent

Fascist Europe experienced a brain drain in the run-up to WWII. Among the European refugees who worked on the Manhattan project were Hans Bethe, Rose Bethe, Felix Bloch, S.H. Bohine, Niels Bohr, Hans Courant, Albert Einstein, Enrico Fermi, Leo Szilard and Edward Teller. Prizing ideology over intellect ended up being a loss for fascism and […]

Gaza Cancer Hospital Deliberately Blown Up

It appears Trump will get his Mediterranean vacation site where only the rich can be. Israel blows up Gaza’s only specialized cancer hospital in massive blast. Israel-Palestine conflict News, Al Jazeera Israel has blown up Gaza’s only specialized cancer treatment hospital, as well as an adjacent medical school, drawing condemnation for again targeting a medical […]

What is going on in Europe these Days

This is a brief Raw Story clip about Ukraine and Europe. Authenticity? I am not sure. As far as the characters in this clip, Zelinsky has much to lose and the other two (Trump and Putin) will offer up Ukraine with Putin having much to gain. Russians in Ukraine are transplants. Real estate attorney, property […]

New Deal democrat Weekly Indicators for March 17 – 21

– by New Deal democrat My “Weekly Indicators” post is up at “Seeking Alpha.” The biggest change this week, as I wrote yesterday, was the sharp decline in two of the regions Feds’ new orders indexes. But, also as indicated, consumer spending remains strong – at least so far. As usual, clicking over and reading will bring […]

Trump Invokes Wartime Powers to Boost U.S. Critical Minerals Output

In 2022 then President Joe Biden invoked the Defense Production Act to increase critical minerals output or production. We find President Donald Trump doing similar in 2025. Both efforts were to reduce reliance on countries outside of the United States. Trump Invokes Wartime Powers to Boost U.S. Critical Minerals Output, OilPrice.com President Donald Trump invoked […]