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

Immigration and the new American terrorism

When the Trump Administration announced plans to arrest and deport all undocumented people, it seemed implausible. Where would the personnel and resources come from to round up, transport, house and feed over ten million men, women and children who are distributed all across the country? How would the enormous expense of such an operation be […]

This is what stupidity looks like, peeps.

This guy is Secretary of Health and Human Services. I don’t know whether to laugh or cry. RFK Jr.: “If you are healthy, it’s almost impossible for you to be killed by an infectious disease in modern times because we have nutrition, because we have access to medicines. It’s very, very difficult for any infectious […]

Trump wants you to pay higher utility bills

During his first term, Trump railed about energy-efficient plumbing. He claimed he had to flush his toilet 10-15 times and was forced to stand in the shower five times as long. I have no idea what he’s talking about. Sounds like what he needs is a plumber. In the event, the Biden Administration mandated resource-conserving […]

Dire Wolf “de-extinction” and investing in the planet

It isn’t that they can’t see the solution.It’s that they can’t see the problem.~ G. K. Chesterton There’s an article in the latest New Yorker about the genetics start-up Colossal and their “de-extinction” of the Dire Wolf. They’ve set their sights on resurrecting the dodo, the wooly mammoth and the thylacine as well. Actually, none […]

Where we are

So Trump announced yuuge “permanent” tariffs and the stock market indices all tanked. Then Trump backpedaled on all the big tariffs except on China. Why the Trump flip-flop? Here’s Josh Marshall over at TPM: “Every sign is that it was not about the equities markets but rather the bond market, where the demand for U.S. […]

The end of IRS enforcement

Don’t like income taxes? Next year, don’t pay ‘em. Who’s gonna force you to? “DOGE is also in the process of essentially closing down the Tax Division at the Department of Justice. “Since the Tax Division is a statutory creation, it can’t literally be shuttered. As DOGE has done at numerous other offices and agencies, […]

Hospital emergency departments face crisis

By law, everyone who arrives at emergency departments must be assessed and stabilized, regardless of their ability to pay. This makes EDs, the most expensive form of healthcare, a provider of last resort for the uninsured. Nationally, hospital EDs handle 120-140 million visits each year, and the number of hospital emergency departments is declining, with […]

Trump is worse than al Qaeda

A consequence of the 9/11 attacks was that the New York Stock Exchange and the NASDAQ were shut down for a week. “When trading resumed that week of September 17, 2001 . . . over the following five days, the Dow Jones average decreased more than 14%, the S&P 500 tumbled 11.6% and Nasdaq fell […]

Tesla wins, Detroit bleeds

“Tesla wins, Detroit bleeds,” Bernstein analysts led by Daniel Roeska declared Thursday. “Tesla is the clear structural winner…. For everyone else, this is a margin reset and real drag on near-term earnings power,” Roeska continued.” The only imported part for Teslas appears to be a wire harness made in Mexico. That’s expected to add less […]