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

Worst Global Conflicts Presently

I can not remember a time when there was no conflicts occurring globally. If I use AI and ask the question. This is what Artificial Intelligence comes back with in reply. I was involved in the late sixties and early seventies. Did my enlistment time and left to civilian life. They promised everything. However, I […]

Doing Business and Maintaining Your Integrity

I was in materials and logistics all of my life. I was working as management for various companies globally. Always traveling internationally and being gone for weeks at a time. While traveling and visiting company plants or various suppliers over sea’s, it was not unusual to be offered gifts. The problem with such is you […]

Court Blocks Trump Birthright Citizen Order

It probably would not matter if a DEm President made the same decision to do so on his own rather than go through Congress. Trump wishes to be a king and make edicts on his own outside of Congress, Even so and if such was done? There would be a good chance the courts would […]

“public’s extremely negative view of the economy”

As you probably know by now, I subscribe to Paul Krugman’s column which I read whenever I see something of interest. to me and maybe you too. Every once and a while I may C& P one column that is days old and post it at Angry Bear and of course attribute Professor Krugman. As […]

The nothingburger

I somehow missed this, but a couple months ago the Trump Administration abandoned its effort to cut indirect cost reimbursements for federal grants to colleges and universities to 15%. Just before I retired, the indirect cost rate at Saint Louis University was 51.5%, so this cut would have been devastating to research at SLU. When […]

Groundhog Day Medicaid Healthcare

“Trump’s New Medicaid Rule ‘Designed to Ensure People Lose Healthcare,’ Critics Warn” Common Dreams Jake Johnson The Trump administration on Monday unveiled a rule that is expected to push millions of low-income people off Medicaid by imposing complex bureaucratic barriers in the form of work reporting requirements, which have proven disastrous at the state level. The rule, released by the Centers for Medicare and […]

Federal Debt Projections

I know Econofact is discussing various programs as being an issue. Social Security being one of them. That may be true for Social Security if the funds are not available to pay back what is owed to the Trust fund. The other issue being the decreases in taxes for upper income brackets which would have […]

New Deal Democrat’s Weekly Indicators

Weekly Indicators for June 1 – 5 at Seeking Alpha  – by New Deal democrat The large majority of the high frequency indicators remain positive. Interestingly, though, one of the early warning signals for credit tightening, the Chicago Fed’s Leverage Index, is now at a level that in the past has more often meant a […]