Memorial Day 2022 Memorial Day is that most somber of national observances, in which we remember all those, of whatever race, creed, color, or nationality, who gave their lives so that government of the People, by the People, and for the People shall not perish from the Earth. In past years I have included photographs of […]
RJS: Focus on Fracking Summary: natural gas prices hit 13½ year high after a six-fold increase in less than 2 years; US oil exports at a 26 month high even with SPR at a 34½ year low & US oil supplies at a 17 year low; total oil + products inventories at a new 13½ […]
An Army of All-American Paramilitary Death-Squad Soloists In their 2014 Super Bowl ad (declined by the NFL), Daniel Defense, the AR-15 merchants of death, EXPLICITLY tied a ‘paramilitary army-of-one’ motif to its role as a military-industrial complex supplier. A man arrives home — presumably from a tour of duty — and enters the house past […]
Senator Manchin has a million excuses for doing “nothing.” I am not sure why the rest of the Dems do not out him. Biden has negotiated with Manchin in private which I would not do as it leaves Manchin the ability to tell the story, a story each time he changes his mind. There was […]
RJS: Focus on Fracking Summary: US oil exports at a 26 month high with SPR at a 34½ year low & US oil supplies at a 17 year low; total oil + products inventories at a 13½ year low even with highest refinery utilization rate since 2019, greatest refinery throughput in 11 months… The Latest US Oil Supply and Disposition Data from the EIA […]
Real money supply declines sharply; another leading indicator for recession next year Real M1 declined -0.8% in April, and real M2 declined by -0.7%, following March declines of -1.0% for each: These have been the sharpest monthly declines since 2005: Real money supply is a long leading indicator, as shown in the below graph of […]
Today’s Republican Party is a coalition of the lame-brained, the twisted, and the bent. Its lame-brained, unable to think on their own, want to be told what to think, more precisely, to be told what to believe; and, they only want to be told what they want to hear. The Party’s twisted are themselves a […]
Punctuation And The Second Amendment For most of American history since the Second Amendment was adopted the courts interpreted it as tying the second portion of the amendment to the first part of it. Thus the “right to bear arms” was tied to the need to establish a “well-regulated militia.” The “state” was seen as […]
Initial and continuing jobless claims continue moderating trend Initial jobless claims declined 8,000 to 210,000 last week, continuing above the recent 50+ year low of 166,000 set in March. Meanwhile, the 4-week average rose by another 7,250 to 206,750, compared with the all-time low of 170,500 set seven weeks ago. Continuing claims also rose from […]
Kind of how we got to today’s environment of protecting various types of bullet-spewing-weapons. May 26, 2022 Professor Heather Cox Richardson One of the key things that drove the rise of the current Republican Party was the celebration of a certain model of an ideal man, patterned on the image of the American cowboy. Republicans […]