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

Schrödinger’s nukes

There’s absolutely no evidence that Iran has, or has ever possessed, nuclear weapons. Indeed, the Obama Administration negotiated an agreement whereby Iran agreed not to develop nuclear weapons or even enrich uranium to the purity necessary to create a fission bomb. Trump tore up that agreement, but there’s no evidence that Iran made any progress […]

Here we go again

During the Vietnam war, we were told Americans were fighting and dying because of the domino theory—that if the dictatorship in South Vietnam fell, the communists would take over all of Southeast Asia and India. It was a lie. During the US invasion and military occupation of Iraq, we were told that Americans were fighting […]

Less than 14 Percent of Immigrants were Charged or Convicted in the Past

When considering the essential, fundamental truth or the most important point of a matter after setting aside all minor details, complications, or distractions AI version). “Ultimately,” “the bottom line,” or “when all is said and done,” Trump does not like immigrants even if legal. Call it what you will. prejudice, discrimination, bigotry, bias . . […]

Per Prof. Edward Leamer’s forecasting method, a yellow flag “Recession Watch” is warranted

 – by New Deal democrat In a landmark paper almost 20 years ago, UCLA Prof. Edward Leamer wrote that “Housing IS the Business Cycle.” In that paper he concluded: In the years before recessions . . . consumers contribute a total of 65% of the leading weakness. In contrast, business spending contributes only 10%…. The temporal […]

Supreme Court to hear arguments from oil and gas companies to block climate change lawsuits

– by Lindsay Whitehurst Public Broadcasting Service Associated Press  Supreme Court (Monday, February 23) it will hear oil and gas companies’ grievances and their attempt to block lawsuits holding the industry liable for billions of dollars in damage linked to climate change. The court agrees to take up the Boulder, Colorado case. This case is one […]

Repeat existing home prices continue to increase at a snail’s pace, but still outstrip post-pandemic wage growth

 – by New Deal democrat In the past month, all of the various home price indexes have confirmed abating inflation in the shelter sector. This morning the FHFA and Case Shiller house price indexes were updated through December. Last week we got price information for new houses, and earlier in the month for existing homes. In this […]

A Circular Economy

Finally rested and can comment on Lloyd’s commentary. Definitely something the user of aluminum in products should read. Not all aluminum product are the same. Even so, it does offer a better use material in many instances. Is the aluminum can the key to a circular economy? Lloyd Alter Carbon Upfront! Is the aluminum can […]