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

“Whacking Labor” to Fight Inflation and Fix the Economy

It is refreshing to see Dean Baker using one of the words I use to describe what the FED does when they are hiking Interest Rates. Those FED actions do not create results over night. Because they can’t, read on. Powell appears to be frustrated by the lack of economic slowing. Maybe there are other […]

Focusing on the short end of the yield curve

Focusing on the short end of the yield curve  – by New Deal democrat  When most analysts talk about yield curve inversions, they typically mean a measure of the 10 year bond vs. a shorter maturity like 3 month or 2 years. These certainly have merit – in fact the 10 year minus 2 year inversion […]

Potential Voting Machine Issues (tampering) in Some States

“Computer experts urge Georgia to replace voting machines,” (msn.com), Kate Brumback Should Georgia replace present voting machines with paper ballots? CNN — A Republican County official in Georgia escorted two operatives working with an attorney for former President Donald Trump into the county’s election offices on the same day a voting system there was breached, newly obtained video shows. […]

September 21, 2022, Letters from an American

Summary: More on the Ukraine war, Russia calling up soldiers, Putin’s referendum, and a threat of nuclear consequences if the referendum is interfered with by something, someone, and his imagination. President Biden answers Putin’s threats. New York AG Letitia James filed a $250 million civil lawsuit against Donald Trump, the Trump Organization, and the family. […]

Jobless claims: the positive trend continues

Jobless claims: the positive trend continues  – by New Deal democrat For yet another week, initial jobless claims continued their reversal from had been in an almost relentless uptrend from spring through early August. This week initial claims rose -5,000 to 213,000 from a revised 3 month low of 208,000, while the 4 week average […]

Review of “Demagogue”

Review of “Demagogue” “Demagogue: The life and long shadow of Senator Joe McCarthy” by Larry Tye is a particularly timely read as the nation continues in the grip of another political bully, Donald Trump. The parallels in their methods are striking and the degree to which McCarthy held the nation in thrall during the 1950s […]

September Update: COVID Death Rates By Partisan Lean & Vaccination Rate

September Update: “COVID Death Rates by Partisan Lean & Vaccination Rate”| ACA Signups, Charles Gaba As always, here’s my (Charles Gaba) methodology: County-level 2020 Population data via U.S. Census Bureau’s 2020 Census County-level 2020 Trump vote data via each state’s Election Commission or Secretary of State websites County-level Case & Death data via Johns Hopkins University Center […]

Lingua Pavlovian

For Senator Mitch McConnell the most important thing in the world is for him to be Senate Majority Leader; because, as Senate Majority Leader, Sen. McConnell has a lot of power. In Washington DC, power is a commodity. Being Senate Majority Leader pays well. For McConnell to be Leader, he needs to raise a lot […]

What News was in My In-Box

Healthcare and Politics are the heavy hitters tonight. I always feel like I missed something. Feel free to add articles to this in comments. I have a post to complete on the costs and prices on Pharma. You know there is a difference. Politicians usually talk about one or the other. A while back Germany […]

DeSantis’s Sales Pitch to “legal” Venezuelan Immigrants to get them on the Planes

The Martha Vineyard pamphlet given to legal Venezuelan immigrants in the US. Florida (as if you did not know where he rules!) Governor DeSantis’s motive was to convince the immigrants to get on the plane in Texas (a suburb of Florida) to go to paradise another city where they could get jobs, cash for eight […]