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

New Bear

Rdan Linda Beale of ataxingmatter will also be writing for Angry Bear beginning this month. Her thorough analysis and style will add to our value to our readers and provides us with a particular expertise in tax matters as well.

What to do now with $50,000 cash??

rdan A thought for a Sunday’s musing: If you have USD $50,000 in cash, what do you actually do with the money now? It is probably different by age group, but does one buy Ford at $2/share, swiss francs, some gold? As writers in newspapers and blogs analyze the state of the economy, what do […]

Health care proposals coming

rdan The Washington Post reports that: Sen. Edward M. Kennedy (D-Mass.) is circulating the outlines of sweeping health-care legislation that would require every American to have insurance and would mandate that employers contribute to workers’ coverage. The plan in the summary document, provided by two Democrats who do not work for Kennedy, closely resembles extensive […]

Paying for Healthcare…a primer of options

by Tom aka Rusty Rustbelt Paying for Health Care Reform President Obama’s ambitious health care reform plans may have run into an immovable object – money. In order to move forward on his plan the President has to find and/or reallocate something on the order of a trillion dollars. One means of expanding health care […]

A new whittle

by reader ilsm More reason to worry about the USA’s AAA bond rating. The Navy, Air Force, Marine Corps, United Kingdom Joint Strike Fighter, F-35 Lightning II (see P-47 from WW II Army Air Force fame) is the latest capability dream whittling away US resources, and stopping any war machine corporate welfare worries about Obama […]

Corn ethanol

by cactus I had a few posts in which I noted that it appeared to me that corn ethanol (as opposed to the sugar cane variety) is a hoax being perpetrated on the American public. That conclusion came about as a result of my failure to see how the numbers could work out to make […]

Two stories about water use

rdan Bolinas goes from 400 gal./day household to 100 gal./day household use. Fresno has no meters. These are two anecdotal stories about water use that are interesting, revealing the variety of problems localities face. The stories reflect residential use only, which is about 12% of total water use in the US according to USGS.

Deficit from 12.9 to 3 per cent?

rdan Bloomberg reports on Timothy Geithner committed to cutting the budget deficit as concern about deteriorating U.S. creditworthiness deepened, and ascribed a sell-off in Treasuries to prospects for an economic recovery. “It’s very important that this Congress and this president put in place policies that will bring those deficits down to a sustainable level over […]