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

Book Review “Basic Economics”

David Zetland doing a review of Thomas Sowell’s book, “Basic Economics.” I had written Mr. Sowell once, maybe a decade ago. I was the recipient of his book. I was a third of the way through it when I was called away for a business trip which lasted a month. I found the book and […]

Round Abouts and Traffic Circles

Yesterday, we were discussing Round Abouts (AZ) or what they call Traffic Circles (New Jersey) in this article. My first experience at navigating one such creature was in Asbury Park, New Jersey. I was temporality stationed (as a Marine) at Fort Monmouth going to Crypto-Tech training for six months. I was able to borrow a […]

Should Student Loans Be Forgiven?

As of May 24, 2024, the SBA had forgiven over 10.5 million PPP loans to businesses, totaling ~$800 billion. Another 37,938 owe an ~ $4.6 billion) and are labeled potential clawback or a code 70 (potential claw back).  Not so for student loans. These are the people who should have greater productivity at a younger […]

Day of Remembrance on June 17 . . . Juneteenth

Juneteenth became a federal holiday on June 17, 2021. President Joe Biden signed the Juneteenth National Independence Day Act into law. When Melynda Price thinks of Juneteenth, she thinks of hope, home, and of heritage. A legal scholar at the University of Kentucky, Price is a fifth-generation Texan whose great-great-grandmother was enslaved in Southeast Texas. […]

“Real Election choice was between a psychotic, irrational, criminal, racist, old man, and a middle-age, intelligent, black woman with governmental experience”

Posting of a comment by J.P. McJefferson to the earlier post “American Idiot(s),” Angry Bear. J.P. hits the same note I have been discussing in earlier commentaries about voting here and here. To add to J.P.’s comment on Angry Bear; “73.6% (or 174 million people) of the citizen voting-age population was registered to vote.” And […]

A Handout to the Wealthy

This report or document is one year old. It still has a foundation for what is being said. State Superintendent of Public Instruction Tom Horne assumed the office in 2023. Previously he served as State Superintendent of Schools from 2003 to 2011. Obviously, he has the background or does he? Not sure. Universal school vouchers […]

Getting to know the Federal Workforce, part 2 

Brief commentary taking a look at the makeup of the Federal Workforce. As you can see the Department of Defense has the greatest number of employees. The next largest is the Department of Veterans Affairs. I posted this piece so as to allow Angry Bear readers understand the size of government. This is not a […]

Structural Racism and Disparities in Youth Exposed to Firearm Violence

The takeaway in this short report about firearm violence is “Black and Hispanic children were more likely to witness or be shot. Black children were 100 times, and Hispanic children 25 times, more likely than White children to be shot in Chicago and other major US cities. They are at greater risk of being shot […]

Student Loans: Republicans Back Plan to Give Some Borrowers Extra Money

Start to cancel some of the loans instead. Student loan debt is now the second-highest consumer debt category after mortgages. Student loan debt in the United States totals $1.777 trillion; annual growth resumed in 2024 following a year-over-year (YoY) decline in 2023. Additional Information Federal Student Loan Portfolio | Federal Student Aid Table of Contents Student Loan Debt […]