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

Kevin Drum Talking ’bout my generation

(Dan here…lifted from Robert’s Stochastic Thoughts) Kevin Drum Talking ’bout my generation Kevin Drum has a funny but also genuinely interesting post on how boomers are not really to blame for messing up America (he half tongue in cheek blames the silent generation). I don’t think the defensiveness is entirely an act. He does concede Now, if you […]

A 21st Century Theological Dispute

People have long struggled to understand The Word of God. One might even wonder if a better approach would be to rely on artificial intelligence. However, I’m not sure AI algorithms understand Him either This shows that even God the Omnipotent can’t manage sarcasm blatant enough for Twitter. Twitter has repented, but it looks like […]

The North Korea Food Shortage Deepens

The North Korea Food Shortage Deepens Yeah, I know, the Iran situation is more in the headlines, but nobody knows anything and everybody is shooting off their mouths.  I shall comment on that one when things settle down a bit. Instead I shall provide info less widely reported coming out of nkecon  on the still-unreported-in-MSM […]

Covering the Sahara Desert with Solar Panels to Fight Climate Disaster?

Juan Cole at Informed Comment has a post up by Will de Freitas Should we cover the Sahara Desert with Solar Panels to Fight Climate Disaster? A map of North Africa is shown, with a surprisingly small box somewhere in Libya or Algeria shaded in. An area of the Sahara this size, the caption will […]

Michigan, Do Not Be Fooled – You Just Lost More Than You Got in Return

No Fault Auto Insurance On May 30th, the Democratic Governor of Michigan Gretchen Whitmer, signed what was called a bipartisan effort by the Republican controlled legislature and a few of the Democratic members to solve the problems of expensive automotive insurance in Michigan. Due to redlining, other nefarious schemes, and a lack of transparency to […]

Morehouse Keynote Speaker To Graduates, I am Paying Off Your Student Loan Debt

Morehouse College seniors got a surprise Sunday, Billionaire investor Robert F. Smith announced during his commencement speech he would pay off the student-loan debt for the historically black college’s graduating class. Morehouse President David A. Thomas; “The total amount of student loan debt from the 396 students adds up to about $40 million. He called […]

Kenneth Burke Predicted Jeff Bezos’s Moon Colony Dream 48 Years Ago

Over a time span of forty-four years, Kenneth Burke wrote a series of four essays beginning with “Waste — or the Future of Prosperity,” published in 1930, and concluding with “Why Satire, With a Plan for Writing One” in 1974. Between those two bookends were “Recipe for Prosperity: ‘Borrow. Buy. Waste. Want.,’” in 1956 and […]

We Already Passed a Constitutional Crisis into Presidential Autocracy

I don’t think we have entered a constitutional crisis. I think for all intents and purposes we are already past it, because of the ineffectual response to Trump’s autocratic behavior. On February 15, he brazenly abrogated Congress’s appropriations power with this diversion of funds for his “border wall.” Presidential Proclamation on Declaring a National Emergency […]

Credit Card Interest Rates

Marquette Nat. Bank of Minneapolis v. First of Omaha Service Corp., 439 U.S. 299 (1978). In a unanimous U.S. Supreme Court decision, the court held states anti-usury laws regulating interest rates unenforceable against nationally chartered banks based in other states. Justice William Brennan: It was the intent of Congress when it passed the National Banking […]