Introduction: In and around 2007 – 2009 the US economy was in or coming out of recession. Much of this was cause by lax lending in a rapidly growing economy. Bank took on risks which did not occur in the past as greatly. Little money down and loans on equity which disappeared in recession. Several […]
It appears it finally happened. Trump looking for revenge driven justice agenda backfired on him. Mybe the right word to use here is vindictive. Trump is well known for seeking some type of revenge. He plays his desire so openly, it is difficult to be ignored. “U.S. District Judge Waverly D. Crenshaw considered the defendant’s […]
My Weekly Indicators for May 25 – 29 is up at Seeking Alpha, New Deal democrat The split between the portion of the economy being driven by AI-related production and profits and the broad consumer economy continues to stand out starkly. But as I have pointed out often in the past many months, there is […]
I suspect getting an education is a doorway to higher income. I do believe it is one part of it. Field of endeavor, base degree and advanced degrees, and salary play the parts I am aware of today. Then, how good are you in your field and can you be replaced easily. The article corresponds […]
I am not sure what one would call a real activist president when it comes to the United States . . . anymore. For example and one of the best examples . . .”Under FDR, the American federal government assumed new and powerful roles in the nation’s economy, in its corporate life, and in the […]
– by New Deal democrat Per my comments yesterday, so much data was released (with none coming today) that I did not report on several of the items. I’ll get to new home sales later, but first let’s talk about new orders and revised GDP. The central theme of yesterday’s personal income and spending report […]
We should be clear: Bari Weiss is murdering 60 Minutes. She is doing so not out of incompetence or foolishness, but with malice aforethought. She is doing it at the behest of her corporate patron, because while she may cause CBS News to lose millions of dollars, her stroking of Trump will gain David Ellison […]
Taxing Wealth and High Incomes, Econofact – by Christopher Towe What you are seeing here is the growth in the percentages of citizens who make up upper income brackets. In this case, we are looking at the 1 tenth of 1% of the population and hold 14.5% of the wealth in the United States […]
I added a report by “News Hound Ellen” at Crooks and Liars. It has been a while since Angry Bear has featured a commentary from Crooks and Liars. Using the Washington Post, Ellen does an excellent job portraying how this administration is developing its presidential slush fund. Not for the public’s eyes! Short read and […]
Robert F. Kennedy Jr. has claimed that the U.S. Department of Health and Human Services (HHS) is ending contracts for mRNA vaccine development, citing concerns that the technology may pose “more risks than benefits.” According to Kennedy Jr., HHS’s Biomedical Advanced Research and Development Authority (BARDA) reviewed 22 mRNA vaccine projects — most focused on […]