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

What is in Republican McCarthy’s debt-limit spending cut package?

Factbox: What’s in Republican McCarthy’s debt-limit spending cut package? Reuters, Andy Sullivan. Items Republicans and McCarthy are pushing for in a debt-limit package. The bill would essentially pair $4.5 trillion in spending cuts with a $1.5 trillion increase in the federal debt limit. Republicans are wanting to talk about government borrowing. “What’s in your wallet,” […]

New Deal democrats Weekly Indicators for May 1- 5

run75441’s footnote to NDd Weekly Analysis . . . The analysis by NDd is one of the most thorough ones, I read on a weekly basis. It sums up the week casting the numbers for the week in comparison to what is going on economically. What I see happening in the economy, NDd brings to […]

That Pesky First Amendment Scores Again!

That Pesky First Amendment Scores Again! annieasksyou… I am often critical of the mainstream media, whom I find too insensitive to the fragility of our democracy in their determination to present “both sides” of issues that often don’t have two sides. For example, I’m more than frustrated with much of the coverage of the House […]

Jobless claims hoist yellow flag again; employment and unemployment likely to show further deceleration tomorrow

Jobless claims hoist yellow flag again; employment and unemployment likely to show further deceleration tomorrow  – by New Deal democrat Initial jobless claims rose 13,000 to 242,000 last week, while the 4 week average rose 3,500 to 239,250. Continuing claims, with a one week lag, declined -38,000 to 1.805 million: This is right in the […]

What is Section 4 of the 14th, “The validity of the public debt of the United States?”

14th Amendment to the U.S. Constitution: Civil Rights (1868) | National Archives, Section 4. “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State […]

Selection of In-Box Articles I Found Interesting

Another collection of articles on various topics from my In-Box. Puling quite a bit from Healthcare. Some interesting articles in this batch. I hope you take a few moments and read some of them. Most are not terribly long winded. I wander in the comments section to see what is being said on various topics. […]

Where Do Eight Billion People Live?

SWP Report 2023 | United Nations Population Fund, unfpa.org) In November 2022, the world population eclipsed 8 billion people. For many of us, it represents a milestone the human family should celebrate. A milestone of people living longer, healthier lives, and enjoying more rights and greater choices than ever before. If you have not noticed, […]

First Republic Bank Seized by Regulators and Sold . . .

Commenter Fred Dobbs reports (NYT) on the seizure of First Republic Bank by banking regulators in the comments section of Angry Bear. I am beginning to wonder how many more seizures will occur. How many failures are resulting from the loosening of Dodd-Frank? It appears the Fed has a greater impact on banks than Labor. […]