The End of Easy Money: Bankruptcy Filings Pile Up at Fastest Rate since 2010, Wolf Street, Wolf Richter. t’s turning into a banner year for corporate bankruptcy filings. Easy Money has caused all kinds of excesses, fueled by yield-chasing investors, in an environment where the Fed had repressed yields with all its might. Those yield-chasing […]
Akin to “I was just following orders.” Such a reason did not work before and people following the orders or the laws in this instance and other instances did not ask questions. The orders and the law gave an excuse to do otherwise. A story as taken from “Anger as pre-historic stones destroyed for French […]
Does AI pose a meaningful existential threat to humanity? If an existential threat is one that can lead to mass death or human extinction, and a risk of extinction is meaningful if it is (say) at least 10% as large as the risk of a nuclear holocaust, my answer is that I have no idea. […]
Angry Bear had written about the forthcoming state Medicaid-Purge the later part of May. The reason for the purge of many Medicaid enrollees was the ending of Joe Biden’s pandemic Medicaid enrollment program. It was a much needed program during the pandemic if one could not afford healthcare insurance and did not have Medicaid. Not […]
A grouping of eclectic topics spread across various subtitles supposedly giving them some organization. These show up in my In-Box and I leave them their till I clean up the collection Energy and Business A Beginner’s Guide to Plastic-Free Living, treehugger.com, Katherine Martinko. “You need to write a step-by-step guide to giving up plastic.” Electric […]
Scenes from the May employment report: leading indicators and the big picture – by New Deal democrat As I wrote Friday, the May employment report was deeply bifurcated, with a strong Establishment survey, but a weak Household survey. Let’s take a look at some of that bifurcation, focusing on the leading indicators. There are […]
LOL ~ Don’t Say Stay …, Homeless on the High Desert, Ten Bears For a year and ten days I’ve been calling on Disney to Walk. A. Way You don’t need Florida and its Marielito government, in violation of contracts and agreements dating sixty years. Shut it down, walk away. You’ve made your pile, you […]
Value-Based Payment Is the New For-Profit Health Care Industry first appeared at Angry Bear as written by Kip Sullivan, Kay Tillow, & Ana Malinow. This came after it appeared at Truthout. I reposted this one commentary and an early one by Kip because I am starting to see more activity on Value Based medicine. It is […]
An April 20th commentary pulled off of Steve Hutkins’ “Save the Post Office Blog.” Prof. Hutkins tracks what is going on with the USPS, what PG Louis DeJoy is up to, and the transition of the USPS to what DeJoy believes is a profit center and supposedly better than the present. Except the plan is […]
Weekly Indicators for May 29 – June 2 at Seeking Alpha – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Much like yesterday’s employment report, which showed a deep bifurcation between the Establishment and Household Surveys, the economy as a whole is also showing a deep bifurcation between elements well into recessionary […]