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

Executive Orders for Trump and Private Industry

This was from May 2023. I have been reading the OilPrice website just to keep up with what the other side of the room was thinking, Not that I would get all the detail. However, you can surmise what is taking place after a brief read. I do not believe industry finds Trump and his […]

Oil, Energy, and Krugman

A Bit of Paul Krugman “Trump, Energy and MAGA Brain” “So what’s going on with the proclamation that American energy production, which is one of our economic strong points, is in crisis? Partly it’s a cynical payoff to the oil industry, which more or less openly made a deal to give Trump $1 billion in return for […]

Propane!

From my brother, who lives on the Colorado front range: “An excerpt from today’s National Weather Service’s Area Forecast Discussion: “The mountain valleys are expected to see the coldest temperatures where lowsare expected to fall to -20 to -30F. The coldest locations could approach -40F.” “[we’re] due to get to -10F…we’ve seen lows of -20F […]

Insurance, the Next Financial Crisis

From storms in the Southeast to fires in California; there has to be a growing financial stress on the companies insuring the people and businesses there. A report from The American Prospect. Increasing damage from fires, hurricanes, and floods will destabilize a lightly regulated industry—and spill over into broader financial markets. The Next Financial Crisis: […]

In Praise of California Part 1

This article discusses the bad mouthing of California during the fire storm. Some politicians masquerading as Senators and Congressional Representatives do not want to help California. The claim being they bought this fire storm on themselves. So, the politicians do not want to “pay in $dollars for the repair of California. $83 billion in 2022 […]

CA wildfires and prescribed burns

Most of the media finger-pointing by Trump and his cult has been about sullying Gavin Newsom as a presidential candidate in 2028. Trump and Fox don’t actually care about the reason for the fires (anthropogenic climate change) or how to mitigate the consequences. Over at jabberwocking.com, Kevin Drum has a long but excellent summary of […]

Uneasy Lies The Head

All around the world, we are seeing heightened uneasiness; stress on governments, economies, and societies. What’s going on? A lot has changed these past few decades, some of which we know of, possibly understand a little. There may be others we are not yet aware of. We are learning more about global warming (a.k.a, climate […]

Climate change and the insurance industry

A Facebook friend just posted this: “So wildfires and the threat of wildfires is a part of our lives. Our homeowner’s insurance company, American National Property and Casualty (ANPAC) has notified us they are pulling out of New Mexico because their claims (especially fire claims) are higher than their reserves and they can’t cover the […]