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

May 31, 1889

Letters from an American – Lake Conemaugh – by Heather Cox Richardson May 30, 2026 Life was good in 1889 for the more than fifty wealthy industrialists who belonged to Pennsylvania’s South Fork Fishing and Hunting Club. Most of the men had made their fortunes in nearby Pittsburgh in the heady years after the Civil […]

Dan Rather and Team Steady, The Celebration

Rather than celebrate 250 years of the United States existence by itself, our leader once again makes it about himself and what he wants. People are abandoning the celebration as it has taken ona partisan look rather than a free nation of citizens. Daddy did not do Trump any favors, In a Birthday Fit for […]

Union Pacific and Norfolk Merger

It has been a bit since I have placed anything on Angry Bear, I felt it was time to catch up with anything going on with railroading. Apparently, there is a big push for the UP and Norfolk to merge. The merger would create the first transcontinental railroad from the East Coast to the West […]

Sunday thought: It’s Still Capital vs. Labor, Stupid

Actually posted on Monday, Before I went on to other things in business, I used to consult with Ingersoll Engineers as the MRPII and materials control guru. The main thrust by Ingersoll was Direct Labor in manufacturing was a small portion of the total cost. Materials was the greater cost. Going after the later made […]

New Deal Democrats Weekly Indicators for May 25 – 29

My Weekly Indicators for May 25 – 29 is up at Seeking Alpha, New Deal democrat The split between the portion of the economy being driven by AI-related production and profits and the broad consumer economy continues to stand out starkly. But as I have pointed out often in the past many months, there is […]

Earnings-based Inequality

I suspect getting an education is a doorway to higher income. I do believe it is one part of it. Field of endeavor, base degree and advanced degrees, and salary play the parts I am aware of today. Then, how good are you in your field and can you be replaced easily. The article corresponds […]

Slow biking

From the archives: In praise of slow bikes – by Lloyd Alter Carbon UpFront Carlo Petrini, the founder of the Slow Food movement, has died. He inspired many other slow movements over the years. I wrote about many of them and believe I was the first to call for a slow-car movement, somewhat in jest. But I […]

Raising the Minimum Wage Benefits Society and Reentry to It

Having been exposed to the prison system over a period of time, I can vouch for what the author is proposing and the state is establishing. People do make mistakes. However, if society continues the punishment during and after parole, it becomes harder for a parolee to reestablish themselves in society. As it stands today, […]