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

The “gold standard” of jobs data shows a strong rebound in Q3 2022

The “gold standard” of jobs data shows a strong rebound in Q3 2022  – by New Deal democrat The preliminary estimate for the Q3 2022 QCEW was released yesterday. Although the monthly nonfarm payrolls report gets all the glory, it is only a survey. The QCEW is an actual census of the roughly 95% of […]

Norfolk Southern, are they for real? (Are we for real?)

The recent train derailment in Ohio of a Norfolk Southern train has me thinking. As this accident relates to our social order, there is just so many paths, perspectives and questions one can dive into. I almost could not decide what direction to address it all from. We have the capitalism/free market angle. Is this […]

The long leading forecast through year end 2023

The long leading forecast through year end 2023 at Seeking Alpha  – by New Deal democrat Normally in late January I update my top-line long leading forecast for the entire year. A little late this year, it is now up at Seeking Alpha. If you follow my updates on the leading indicators, the result isn’t very […]

The Government makes a Profit on Defaulted Student Loans

I have known Alan Collinge of Student Loan Justice for multiple years now. He has been prompting some type of relief for those who will never be able to payback these loans or are in default. The information in the chart above is from EOY 2020 and the Federal Student Loan Portfolio, Federal Student Aid, […]

PRESIDENTIAL STATEMENT SIGNING THE SOCIAL SECURITY ACT. AUGUST 14,1935

F.D.R.’s statement on signing the Social Security Act reminds us to pay attention to ‘reform’ or schemes to ‘privatize’ PRESIDENTIAL STATEMENT SIGNING THE SOCIAL SECURITY ACT. AUGUST 14,1935 Today a hope of many years’ standing is in large part fulfilled. The civilization of the past hundred years, with its startling industrial changes, has tended more and more to […]

The “exhausted majority”

At Infidel753 blog, author Infidel has a great commentary from February 14th. He discusses an “exhausted majority” making up America which has found the ongoing politics to be unacceptable, having checked out of either side of the battle. Granted, the politics of elections and the thereafter has turned into a mudslinging contest. The news media […]

New USPS Plan, rather than reducing transportations costs, it will drive them up by requiring more routes

The USPS Eagle spins S&DCs to postal employees, Save the Post Office, Steve Hutkins The cover story of the new issue of the Postal Service’s Eagle Magazine is “Re-Thinking Local Delivery.”  It’s all about the big, new, modern Sorting and Delivery Centers that will replace carrier operations at your local post office. The article has a graphic […]

North Carolina Supreme Court has thrown a lifeline to SCOTUS

AB: Think about it. How does SCOTUS decide on some far-flung theory rejected by the founding fathers. Repubs claim NC high court decision canceling “extreme gerrymander by the state legislature violating the state’s constitution” violated the “independent state legislature theory” (ISLT). AB: This was a preposterous contention that state legislatures, acting alone, without executive approval […]

Inflations Slows and Not Necessarily Because of the Fed

This is a long one and a C&P. Other than putting it up at Angry Bear, I can not take credit for this one. What I can say is . . . they are not the first ones to accuse Supply Chain for much of the inflationary issues we have had as a nation. In […]