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

“The Right Wing’s muse makes it clear”

Maybe, I have not been looking hard enough with regard to information on Vicktor Orbán, his views, and his impact on Hungary and Europe. It appears our Republican leaning buddies have invited Viktor to come to Dallas, Texas. There he will address CPAC and a large gathering of American conservatives. Earlier this year, Viktor had […]

Assorted News on Various Topics

What I have been reading this week . . . ~~~~~~~~ Politics “What Will Come of the January 6th Committee’s Case Against Trump?” | The New Yorker, Amy Davidson Sorkin “The committee itself cannot file criminal charges, though it can refer its findings to the Department of Justice. It’s not news to the D.O.J., of […]

Who got rich off the student loan debt crisis?

“Who got rich off the student debt crisis?” – Reveal (revealnews.org), James B. Steele and Lance Williams A bit of a story of how we got to this student loan debt debacle. It is long, tedious, and not exciting. And this is only part of it. In 2016, 42 million people were owing $1.3 trillion in student […]

WSJ and New York Post turn on trump

Former President Donald Trump’s lost support from both the Wall Street Journal and the New York Post. An editorial by each paper on Saturday called trump unfit(?) to hold office again (?). The New York Post delivered a “crushing” blow to trump’s hopes to run for re-election again in 2024. Over the weekend, both of the […]

Global Manufacturing of Semiconductors

There is a lot of noise about the shortage of semiconductors. I am not going to explain it all here. You will find the explanation of manufacture in the articles. It takes weeks to grow wafers and then Fab semi-conductors. Not maintaining orders for semiconductors creates shortage when production starts up again. The purchase of […]

Assorted News on Various Topics

A collection of interesting reads, news, and articles from the last week. Healthcare “Fauci to Retire by End of Biden’s First Term” (medscape.com), “Biden’s chief medical officer (Fauci), who has also been director of the National Institute of Allergy and Infectious Diseases since 1984, told Politico he is not planning to wait for COVID-19 to […]

Inflation, Should the Fed continue to raise rates – and whether it is “behind the curve”

A note on inflation and whether the Fed should continue to raise rates – and whether it is “behind the curve” No important economic releases today (july 18), and almost no reporting by States as to COVID counts over the weekend, so let’s back up and take a look at something that’s been simmering on […]

The uses and limits of bipartisanship

Many Democrats seem to view bipartisanship as a trap for naïve centrists.  This view is understandable given the way Republicans play political hardball.  But the right response to hardball is to use bipartisanship strategically, the way Republicans do, not to eschew it altogether. There are several advantages to pursuing bipartisan agreements.  First, many people hate […]

Our Obsession With Growth Must End

Pulled from Comments Section. Fred Dobbs Commentary NY Times magazine – July 17 Pioneering Economist Says Our Obsession With Growth Must End, NYT, David Marchese  Growth is the be-all and end-all of mainstream economic and political thinking. Without a continually rising G.D.P., we’re told, we risk social instability, declining standards of living and pretty much […]