I am hoping this Christmas finds Angry Bear readers and commenters happy, of good health, and with family. There were years when I was away from family. It was not the same even though we had a good meal in the Mess Hall. Maybe you know of someone who is away from family and home […]
Not too much to say here. They did vote on the WEP and the GPO. They passed it. I get the impression the politicians are going to take advantage of the elderly and not pay more into the SS Fund. A few years back it was easy enough to fix with a tweak of an […]
If one were to attack real-spending as an issue to our economy and wish to lower spending, one of the places to look is commercial healthcare insurance. If I were the richest jumping -jack in the world, I would target Medicare Advantage which is paid extra to provide fundamental healthcare and up codes the service […]
His malignant narcissism and grandiosity rival Trump’s, but at least Trump was elected. The Muskrat’s political ambitions keep growing Friends, Sorry to intrude on your day for a second time, but I wanted to bring you up to date about the Muskrat. Having blown up the bipartisan compromise bill to keep the government open and […]
Congress continues to trash Social Security without adding the “very” necessary requirement of greater inputs to support what was already there and now adding a new funding requirement. Democrats have passed on providing a solution to Social Security shortfall which appears to be increasing with new withdrawals. Not that one always has to have a […]
Here, some political reading. A South African exercises control and Trump is silent? Isn’t it time for some type of pushback? The population was nervous about Biden, refused to vote for a minority woman of a different color, and millions did not vote in 2020. This has little difference than 2016 when the Mickey Mouse […]
Brief Review of the Economy: Press Release: US Leading Indicators. LEI for the US Increased in November CEI also Improving. LEI Three positive occurrences, today December 20, 2024. Future economic activity increased 0.3 in November for the first monthly gain since 2022, on strength in the stock market, decreasing unemployment claims, and improvement in building permits. Conference […]
An Unparalleled Record of Support for Federal Student Loan Borrowers Biden-Harris Administration Approves Additional $4.28 Billion in Student Debt Relief for Nearly 55,000 Public Service Workers, U.S. Department of Education Federal Student Loan Portfolio-by-Age.xls Since day one, the Biden-Harris Administration has been committed to helping borrowers who have struggled with the burden of student loan […]
Technically a good report. Not what they were expecting. The economy is still strong at the end of 2024. The third estimate of the US Gross Domestic Product (GDP) for the third quarter of 2024 shows the economy grew at a 3.1% annual rate, which is higher than the 2.8% forecasted. Factors contributing to the […]
I would say Powell is taking a cautious approach. This comes with Trump taking office and Elon tinkering by edicts. The Federal Reserve carried out its third consecutive interest rate cut of the year Wednesday, as its monetary policy easing campaign shows signs of heading for a slowdown. Following its two-day meeting, the Federal Open […]