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

Michigan Republicans Are Quietly Replacing Officials Who Certified 2020 Vote Totals

This action by the Michigan Republican part does not surprise me in the least. Republicans have had control of the Senate since 1983 and the House (from what I can see) since 1990. They have had a trifecta (including the governor’s office) 2 of 4 times for a number of years also. Much of this […]

What If Democrats Fail to Enhance the ACA?

Hey, this is a copy and paste article by Andrew Sprung at Xpostfactoid. He does a nice job of explaining the technical aspects of expanding the ACA and making it more liberal in providing greater Commercial Healthcare Insurance benefits to more US citizens. He also discusses what could happen if we make Biden’s healthcare extensions […]

Analyzing the impact of biodiesel and it causing a potential issue

Michael Smith Farmer and Agricultural Economist, “Farmers need more space for crops to meet mounting demand”- AgResource | Reuters Dan Basse of AgResource Co. analyzes the impacts of biodiesel and is throwing up a potential issue.  Reuters interviewed an agronomist who is closely watching the budget reconciliations and the spending of a $350 billion yearly […]

Globally; oil short at 2,400,000 barrels/day; OPEC output is 375,000 barrels/day short of quota

Focus on Fracking: US oil price at a 7 year high; largest US oil inventory build in 7 months; global oil shortage at 2,400,000 barrels per day as OPEC output is ​375,000 barrels per day short of​ quota​. Commenter and Blogger RJS OPEC’s October Oil Market Report Wednesday of this week saw the release of OPEC’s […]

Employers Added 194M jobs, U3 Down, PR Declined

Blogger RJS, Marketwatch 666, September jobs report September Summary Major agency reports released this past week included the the Employment Situation Summary for September from the Bureau of Labor Statistics, the August report on our International Trade from the Commerce Dept, and the Full Report on Manufacturers’ Shipments, Inventories and Orders for August, and the August report on Wholesale Trade, Sales […]

Record High August Trade Deficit on Higher Imports of Pharma and Services

Commenter and Blogger RJS, MarketWatch 666, “Trade Deficit Rose 4.2% to a Record High in August on Higher Imports of Pharmaceuticals and Services” Our trade deficit rose by 4.2% in August as the value of both our exports and our imports increased, but the value of our imports increased by four times as much . […]

Chicken, Hog, and Beef Farming and then there is Big Ag

Michael Smith, Real Farmer and Farm Economist Ooh boy have we got a lot going on in ag world. Run sent me this a little while ago and I think this is important. The Tricky New Way That Big Ag Is Getting Farm Data, The Atlantic, Claire Kelloway, October 5, 2021 Big data collection is […]

Disinformation and the Manipulable

Politicians, preachers, and other charlatans have long known people were manipulable. They had achieved their mastery of the craft of manipulation by observation and practice. By craft, they were con artists. In another sense, they were psychologists before there was such. Before 1860, psychology was a branch of philosophy. A German, Wilhelm Wundt, was one […]

Pharmaceutical Revenue U.S versus the Rest of the World

UNITED WE SPEND For 20 Top-Selling Drugs Worldwide, Big Pharma Revenue from U.S. Sales Combined Exceeded Revenue from the Rest of the World, Public Citizen, Rick Claypool and Zain Rizvi, I have written on the high prices of pharmaceuticals in the past on Angry Bear, pointing to a WHO report which showed the costs laid […]