RJS, Focus on Fracking US oil supplies are at a 14 – year low; commercial crude supply at a 42 month low, SPR at a 19½ year low; total oil + products supplies at a 95 month low The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the […]
Similar to 1973, we are faced with an energy crisis or a coming one. Our usage/demand is outstripping supply. The nation is a bit more prepared this time. I am not seeing the long lines waiting to add a couple of gallons of gasoline to top off. We have done a lot since 1973 in […]
A bold step forward yesterday as taken by a Federal Judge striking down much of the new election law passed by the Florida legislature, after the 2020 election, and under the guise of nonexistent fraudulent voting activity in Florida. The main thrust of passing this bill was to make it harder for minorities and others […]
In this post, I criticize current US weapons policy. I have been doing this for over 40 years. I have been saying the same things for those 40 years. This means I can check on the hostages I have given to fortune and mark my beliefs to market. My thoughts again 1) I think that […]
I plan to write a series of posts on which and how many weapons the US should buy. I start with two important disclaimers. First, obviously, I have no expertise and probably don’t know what I am talking about. Second, I firmly believe that the US Federal Government intertemporal budget constraint is currently satisfied with […]
Maybe I am missing something along the way here. Or is there just so many times when you go and kick the football and Lucy or in this case Joe Manchin decides to move the football again. Joe Manchin ain’t no cartoon character and I am not Charlie Brown. Somebody has to be getting a […]
Or was it? How many philosophical ‘baby Hitlers’ does it take? That’s a tough one, because how could you know? By 1937, it was a no brainer. By 2002, it was a no brainer. By 2008, less than zero. Now, there is no doubt it has been discussed at the highest levels, here, in Europe, […]
RJS, MarketWatch 666 “February” Durable Goods: New Orders Down 2.2%, Shipments Flat, Inventories Up 0.4% The “Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for February” (pdf) from the Census Bureau reported that the value of the widely watched new orders for manufactured durable goods decreased by $6.0 billion or 2.2 percent to […]
“We’re Running Up the Wrong Side of the Escalator” | MedPage Today, Shikha Jain, MD, March 23, 2022 It is Women’s History Month in March and something I fatally did not know until this morning when I pulled this article up in my inbox. My daughter is a teaching nurse in Colorado and has run […]
Ever since maybe five hundred years before this current era, maybe even before then, demagogues, in their quest for power, have appealed to ignorance and the lowest common denominator while belittling reason and rational thinking. Of late, any listing of such should include Huey Long, George Wallace, Richard Nixon, Ronald Reagan, most if not all […]