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

Brief Middle East News

This does not look like it is going away any time soon. Iran is striking back. Worth reading even if brief: Iranian state media reports Tehran may be suspending ceasefire talks. U.S. and Iranian strikes resume over the weekend. Nuclear talks stall as U.S. leadership continues to temporize. Qatar open to temporary Hormuz fees for mine-clearing. Aid groups warn of resource shortfall for millions displaced […]

Manufacturing expands in May; April construction expands nominally, but only data center construction in real terms

 – by New Deal democrat May data started out as usual with the ISM manufacturing index. Plus, as a bonus, official government data is finally back on schedule, only 7 months after the end of the shutdown! By which I mean to say, April construction spending was also released, on time. To cut to the chase, […]

Banking Issues

Introduction: In and around 2007 – 2009 the US economy was in or coming out of recession. Much of this was cause by lax lending in a rapidly growing economy. Bank took on risks which did not occur in the past as greatly. Little money down and loans on equity which disappeared in recession. Several […]

Sunday thought: It’s Still Capital vs. Labor, Stupid

Actually posted on Monday, Before I went on to other things in business, I used to consult with Ingersoll Engineers as the MRPII and materials control guru. The main thrust by Ingersoll was Direct Labor in manufacturing was a small portion of the total cost. Materials was the greater cost. Going after the later made […]

Case Dismissed

It appears it finally happened. Trump looking for revenge driven justice agenda backfired on him. Mybe the right word to use here is vindictive. Trump is well known for seeking some type of revenge. He plays his desire so openly, it is difficult to be ignored. “U.S. District Judge Waverly D. Crenshaw considered the defendant’s […]