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

Capturing Venezuela . . . An Editorial

Or maybe it is Venezuela capturing the United States? “Plot twist: Kidnapping a president” The one-handed economist So, Trump and his fellow-geniuses appear to think they’ve “hacked” the dilemma of diplomacy: If you’re annoyed with the actions of a sovereign country, then just kidnap their leader and claim that you can now run the country. […]

About that Venezuelan oil

There’s been a lot of crowing by Trump about how he’s seizing Venezuelan oil to hand it to American oil companies and skim profits for the United States. What oil, and how much? “According to figures widely cited throughout the media and the oil industry itself, Venezuela is sitting on around 300 billion barrels’ worth […]

December ISM manufacturing report: continued contraction, continued stagflation, poor employment

 – by New Deal democrat We are still suffering the data aftereffects of the government shutdown. Normally we begin each month with reports on both construction spending as well as manufacturing. But the construction report even now has only been updated through August, and won’t be updated for September and October until January 21. And […]

Déjà vu all over again

The definition of insanity is making the same mistake over and expecting a different outcome. By that definition, the Trump coup in Venezuela is insane. Maduro was a corrupt and illegitimate ruler. And the same was true of Saddam Hussein in Iraq. Bush deposed Saddam, freeing Iraq from one nightmare but plunging it into another. […]

Wanting more Northern European Immigrants

Partial of a recent immigration article in Newsweek. “Trump said he wants more Nordic immigrants. (A) Norwegian man’s reply goes viral,” (Newsweek): In reply to President Trump’s request for more northern European immigrants coming to the United states? One northern European said in reply to immigrating to the United States . . . Lund: “I […]

Robotaxis to the rescue?

My junior high instrumental music teacher and band director was a spinster who never owned a car. She took taxis to get around our small town. At the time, it seemed odd. Now that I’m 70 years old, it looks like my future. The promises of robotaxis (I’m looking at you, Elon) have so far […]