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

Latest US Oil Supply and Disposition Data from the EIA

US crude supplies falling at a record pace, down 17.4% YoY; gasoline output at a 22 month high; record gasoline demand The Latest US Oil Supply and Disposition Data from the EIA, RJS, Marketwatch 666 US oil data from the US Energy Information Administration for the week ending July 2nd showed that even after a sizeble […]

Forcing People Out of Traditional Medicare and into Medicare Advantage.

This was always the plan? The plan did not include forcing people out of traditional Medicare and into Medicare Advantage. No mistake on the date on this Copied and Pasted Angry Bear post from almost two years ago. Nancy Alt, Andrew Sprung, and Angry Bear were sounding the alarm in 2019 about trump’s move to […]

Michigan Republican’s Solution to Supposed Risky Voting Practices

Senator McBroom’s Report – Picking Up from Where I Left Off Republican UP State Senator Ed McBroom: “‘the bills should not be seen as challenging the validity of the November election, but as ways to tighten ‘safeguards’ from ‘real vulnerabilities.’” So, the Republicans can pass legislation to resolve those “real vulnerabilities” McBroom worries about. Republicans […]

Fraud or No Fraud, Restraining the Vote is the Purpose

Much of Michigan is touting Republican State Senator Ed McBroom who led an investigation into Michigan’s supposed voting fraud. He found none and openly admitted there was none in his report. Senator and dairy farmer Ed McBroom also called for the prosecution of those who capitalized on the supposed voting fraud by starting defense funds […]

No, liberals are not to blame for political polarization

No, liberals are not to blame for political polarization Over the long weekend, Kevin Drum picked a fight by saying that you should “blame liberals” for culture wars, arguing that liberals have shifted their positions much more over the past two decades than conservatives. This has provoked some strong counter-arguments, but what has struck me – as usual […]

850,000 Jobs Added in June, U-3 Rises to 5.9%

June’s jobs report, Marketwatch 666, Commenter RJS This week’s major agency issued economic releases included the Employment Situation Summary for June from the Bureau of Labor Statistics, and three May reports that will input into 2nd quarter GDP: the BEA’s report on International Trade for May, the May report on  Construction Spending and the Full Report on Manufacturers’ Shipments, Inventories and […]