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

New home sales rebound, but downtrend in sales intact; prices continue to climb

New home sales rebound, but downtrend in sales intact; prices continue to climb In response to April’s dismal report, I wrote that “new home sales are heavily revised after the first report. It is not unusual at all for big monthly moves like this to suddenly look much less severe when the number gets revised […]

Chaos Theory and The End of Roe V Wade

“Chaos Theory and The End of Roe V Wade,” Econospeak, Barkley Rosser Probably the most famous characteristic of chaotic dynamics is the phenomenon known formally as sensitive dependence on initial conditions, which is more popularly known as the “butterfly effect.” In such dynamics a small change in a starting value or a parameter value can […]

Healthcare, Oil, and SCOTUS Dominates the News

It has been a while since I have listed news articles. Healthcare, Oil, and SCOTUS topics are dominating news today. Colorado is kicking of a Public Option. If successful, it will greatly benefit citizens there. Oil and gasoline are big issues. When taking into consideration inflation, the price today of a gallon of gasoline is […]

Yeah, and Democrats Stormed the Capitol!!!

Listen to Chris Christi babbling to David Muir about the 2000 election and Al Gore losing to Bush. In the same breath, Chris is saying similar about Clinton’s loss to the soon-to-be insurrectionist trump in 2016. Trying, trying to draw a comparison to Democrats losing to Repubs in 2000 and 2016 and their showing just […]

Oh, The Camus Of It All

Jean-Paul loved Simone as he could never love anyone else; gave her his heart and, with some great effort, won hers. Simone, she wasn’t one to be particular. Both he and she were Existentialists. Albert, an Absurdist, and Jean-Paul were friends. Simone fell for Albert on first sight. Absurd or not; big minds attract. Absurd […]

Global Oil Surplus Per Day as OPEC output fell to 1.049 million bpd below quota

RJS: Focus on Fracking ~~~~~~~ Summary: Global oil surplus at 560,000 barrels per day in May as OPEC output fell to 1.049 million bpd below quota ~~~~~~~ OPEC’s Report on Global Oil for May Tuesday of this week saw the release of OPEC’s June Oil Market Report, which includes details on OPEC & global oil data […]

Teacher with $300M of Student Loan Debt Says $10,000 is a Drop in the Bucket

“Teacher With $303K Student Debt Says Biden’s $10K Relief Plan Not Enough” (businessinsider.com) Finally, I am seeing various publications (Business Insider, etc.) writing about accrued interest on student loans. Interest on the principal and also the interest. This particular article also touches upon Deferred Student Loans and the resulting paying the interest first before touching […]

What We Are Missing in the Hearings

I am disappointed in the reporting on these Hearings and the Hearings themselves. This is the second time people are applauding statements from the January 6th Committee Hearing. In this Hearing we experienced former 4th COA Judge Luttig slowly, carefully, and legally make a statement on conversations he had concerning Pence and what trump was […]