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

Lowest Gasoline supplies since November 2017, Production above prepandemic levels

Focus on Fracking: gasoline supplies lowest since November 2017 despite​ gasoline production above prepandemic levels; Focus on Fracking, Commenter and Blogger RJS US oil data from the US Energy Information Administration for the week ending October 29th indicated that after a modest increase in our oil production and only minor changes to our oil imports, our […]

Jobs, Trade Deficit, Construction Spend, and Factory Inventory Reports

MarketWatch 666: Commenter and Blogger RJS; October’s jobs report; September’s trade deficit, construction spending, and factory inventories, et al Major economic reports that were released the past week included the Employment Situation Summary for October from the Bureau of Labor Statistics, and three September reports that included metrics which were either estimated or included in last week’s […]

Naked Capitalism joins Calculated Risk, Econospeak, and Angry Bear in being archived by Library of Congress

Recently, Yves Smith announced Naked Capitalism was chosen to have its posts archived by the Library of Congress. It is an exciting invitation as much of the work being written at Naked Capitalism will be available for years to come and potentially studied. Angry Bear applauds this action by the Library of Congress. It was […]

Ivermectin Benefits Disappeared as Trial Quality Increased

A followup to an article I had read and previous findings. Not the first time, a drug or drug combination has been disapproved. This usually comes from a lack of supporting evidence coming from clinical trials. Instead there are various studies conducted which show varying degrees of results which may have questionable data. In the […]

GOP Does Well As Dow Jones Average Crosses Major Milestone Of 36,000

(Dan here…originally published 12:11 a.m. Nov. 3. We now know Youngkin won the Virginia governer’s race) GOP Does Well As Dow Jones Average Crosses Major Milestone Of 36,000.  I am posting before the election results of Nov. 2, 2021, are fully in, but it looks that the GOP candidates will win in Virginia, where Biden […]

Virginia 2021 Election Going To Look More Like 1980, 1994, 2010 Or None Of The Above?

Is Virginia 2021 Election Going To Look More Like 1980, 1994, 2010 Or None Of The Above?, Econospeak, Barkley Rosser, October 26, 2021 In Virginia there is an election for governor, lieutenant governor, attorney general, and the whole House of Delegates, while the State Senate with a slight Dem majority is not up for election, […]

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 […]