There is considerable doubt about Richard Glossip’s guilt for a brutal 1997 murder in Oklahoma City, for which he has twice been sentenced to death. It also appears unquestionable that he has never gotten a fair trial. Glossip’s case is now before the U.S. Supreme Court, where his fate may actually be determined by the incoherence of the court’s recusal […]
by Bill McBride Calculated Risk News Letter Economist Adam Ozimek and John Lettieri (CEO, Economic Innovation Group) have a new proposal to address the housing crisis in the United States: How the next president can solve America’s housing crisis U.S. housing costs are out of control. The median home for sale was rarely more than four times […]
The plutocrats on the right want to dismantle the administrative state, so they say. Of course, their wealth derives directly from the fiction of private property and an administrative state is required to enforce that fiction. Their wealth is monetized in currency, which is another fiction that the administrative state holds a monopoly on. The […]
Trump promises to round up the homeless and put them in government internment camps. Only if they seek treatment and counseling, they might then qualify to be moved to housing. Harris takes a “housing first” approach. Get a roof over their heads and some housing stability, then offer the treatments and counseling that can move […]
– by New Deal democrat After two weeks of being highly elevated YoY, initial claims returned to a more “normal” range this week, as except for Florida, hurricane disruptions largely disappeared. For the week initial claims declined -15,000 to 227,000. The four week moving average increased 2,000 to 238,500. With the typical one week delay, […]
Trump is promising lots of tariffs if he’s elected. Make no mistake: American consumers pay tariffs, not the exporting country. US consumers will be hit by (a) increased cost of imported goods, and (b) increased cost of domestic goods, as domestic producers raise prices to match imports. Econ 101. Trump is promising to lift taxes […]
When I was growing up, I viewed being a physician as the zenith of achievement for someone interested in science. That changed when I got to college and became interested in research. I realized I didn’t have the temperament for a physician (OK, maybe a radiologist or a pathologist) and I became a lab rat. […]
Many of you have noticed unwanted occurrences at Angry Bear. We have had four occurrences of down time. I am not sure why this is happening. Each time, Joel and I have alerted our present Server staff without being demanding or obnoxious. The latter serves no purpose. We need their help while we transition to […]
The article is talking around the issues. The country is calling on former drug company management to assist in taking down an industry giant. It probably will not succeed as many of these experts still have ties to the industry and the companies employing them. Think Azar . . . Pharma companies were using “value-based” […]
Housing is expensive here in East Providence. It’s even more expensive in Boston, an hour from here. Some folks live in Rhode Island and commute to Boston. When we were house-hunting in the Providence area in the Spring of ’22, the real estate market was white hot. We were out-bid on three offers. Making an […]