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

RJS; EIA US Oil Supply and Disposition Report

RJS: Focus on Fracking Summary: US oil supplies at a 17½ year low with SPR at a 35 year low; refinery utilization highest since 2019, refinery throughput highest in 17 months; gasoline supplies at a 6 month low even with gasoline imports at a 46 week high The Latest US Oil Supply and Disposition Data […]

A Deadline Passes and Stalin Is Exchanged For Peter The Great

A Deadline Passes And Stalin Is Exchanged For Peter The Great, Barkley Rosser, Econospeak  I am not all that much into posting about the ups and downs of the Special Operation in Ukraine, but it seems that there has been one of those lines crossed. While it was not widely publicized, June 10 was apparently […]

Why $10,000 of Student Loan Relief will not Help

I have been bugging Alan at Student Loan Justice to talk more about Student Loan interest, etc. accumulating on these loans. As you can see it is not unusual to accumulate more interest or other costs than the original loan amount. It is also not unusual for the servicer to collect interest before paying down […]

The Postal Service identifies 170 “suspended” post offices for permanent closure

To Be Discontinued: The Postal Service identifies 170 suspended post offices for permanent closure, Save The Post Office, Steve Hutkins Earlier this week the Postal Service shared a list with the Postal Regulatory Commission identifying 170 post offices that were “temporarily” suspended several years ago and that will soon be closed permanently. The list was submitted as […]

Consumer prices rise 1% in May alone; owners’ equivalent rent at 30 year high

Consumer prices rise 1% in May alone; owners’ equivalent rent at 30 year high; expect the Fed to keep stomping on the brakes Today is a travel day for me, so I’ll keep this relatively brief. People who were hoping inflation would abate did not get the news they wanted from the May CPI. Consumer […]

Miranda Rights Up Next?

Expected reversal of Miranda requires states to step up on policing  to replace it. A lesser-known case appears to likely to upend another constitutional precedent—Miranda rights. This case, Vega v. Tekoh, asks whether a person’s federal constitutional rights are violated if a police officer fails to inform them of their rights to remain silent, to be represented […]

Think There’s a Connection … ?

“Ten Bears” poking at Fox News and Republicans downplaying the January 6 Insurrection by not broadcasting the 1st of six Hearings and probably the rest. One can only hope they will change their minds and take ownership of what they helped to sponsor. It is evident with their continuous denials, Homeless on the High Desert, […]

Protect the Public and Serve

“Are Any of Us Safe at Work?” | MedPage Today, Mengyi “Zed” Zha, MD Me: The title rings true. The only discussions I have read are about assigning guards to SCOTUS Justices and other supposedly important groups. This is only a small segment of the population. When it comes down to the rest of us, […]

Why In The US IS D-Day Memorialized While The Battle Of Midway Is Not?

Why In The US IS D-Day Memorialized While The Battle Of Midway Is Not?  Today is 6/6/22, 78 years after 6/6/44, D-Day, when American, British, and Canadian troops stormed beaches in Normandy to push the Germans out of France.  It was a dramatic landing, with many dying heroically, and depicted in several highly popular movies […]