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

A Looming Anniversary

A Looming Anniversary  Sighhhh… The possibility of a Russian invasion of Ukraine is now front-page news, with little sign that Putin is going to move his massive military buildup by the border back anytime soon, even if he does not invade.  After the phone call this past week between him and Biden, supposedly lower-level negotiations […]

More Partsanization Of The Environment

More Partsanization Of The Environment  The Environmental Protection Agency was founded during the presidency of Republican Richard Nixon, if perhaps with some lack of enthusiasm. The first national cap and trade (or “tradable emissions permits”) system, for SO2, was instituted during the presidency of Republican George H.W. Bush. In 2008, Republican John McCain had an […]

RIP David M. Grether

RIP David M. Grether  I have only just now learned that Dave Grether died on Sept. 12 of causes unreported at age 82. He was an emeritus prof of econ at Cal Tech.  He received his PhD in 1969 from Stanford in econometrics. He soon was at Cal Tech where he spent the rest of […]

Playing With The Strategic Petroleum Reserve

EconoSpeak: Playing With The Strategic Petroleum Reserve, Barkley Rosser Over the last month crude oil prices have noticeably declined from in the neighborhood of $85-86 per barrel to $78-80 per barrel. But there has been only a very small decline in retail gasoline prices, and the headlines even as of yesterday was all about “sharply […]

Repeated Lying About Lying

Repeated Lying About Lying  Of course, Donald Trump has been using this Big Lie method of simply endlessly repeating a Big Lie and successfully so with his claim that last year’s presidential election was “rigged” or “stolen,” according to the latest poll I just saw on the order of 70% of Republicans accepting this Big […]

Dems Continue To Sink Despite Improving Economy

Dems Continue To Sink Despite Improving Economy  On the first page of today’s Washington Post was reported a poll showing that when a random sample was asked, 46% said they would vote for a generic Republican candidate for Congress versus 43% for a generic Democratic candidate. Given reported further pro-GOP gerrymandering, if this were to […]

“Constitutional Sheriffs” and “Posse Comitatus”

“Constitutional Sheriffs” and “Posse Comitatus,” Econospeak, Barkley Rosser  In the mid-1970s when I was finishing my Ph.D. diss and also working for the Wisconsin Department of Natural Resources in its Water Quality Bureau, where I was mostly dealing with sewer systems issues, the Wisconsin branch of the Posse Comitatus was attacking and “arresting” individuals from […]

GOP Does Well As Dow Jones Average Crosses Major Milestone Of 36,000

(Dan here…originally published 12:11 a.m. Nov. 3. We now know Youngkin won the Virginia governer’s race) GOP Does Well As Dow Jones Average Crosses Major Milestone Of 36,000.  I am posting before the election results of Nov. 2, 2021, are fully in, but it looks that the GOP candidates will win in Virginia, where Biden […]

Virginia 2021 Election Going To Look More Like 1980, 1994, 2010 Or None Of The Above?

Is Virginia 2021 Election Going To Look More Like 1980, 1994, 2010 Or None Of The Above?, Econospeak, Barkley Rosser, October 26, 2021 In Virginia there is an election for governor, lieutenant governor, attorney general, and the whole House of Delegates, while the State Senate with a slight Dem majority is not up for election, […]

No Covid-19d-19 Here Or in North Korea: Turkmenistan

No Covid-19d-19 Here Or in North Korea: Turkmenistan Yes, Turkmenistan is among the few nations on the planet claiming to have not had a single case of Covid-19, along with the DPRK, aka “North Korea.”  The October 16 Economist reports, after noting the arrest of Nurgeldi Halykov, who reported that the British ambassador got it, […]