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

Hegseth and Kennedy at the Helm While Trump Lies

This continues to be a nightmare day after day. None of the three forementioned know what they are doing in the positions they have been voted into or appointed. For sure Trump knows nothing about how to be a president and represent the nation. Then there is Pete and Robert. Would Ship of Fools be […]

Courts Block Trump Attack on Mail-in Voting

“A court blocked Trump’s attack on mail voting. But voting advocates aren’t celebrating yet,” Save the Post Office Taking from “Save The Post Office,” Presented by long time acquaintance Steve Hutkins and formerly Mark Jamison. Democracy Docket: President Donald Trump’s attempt to attack mail voting and build a national voter registration list took a major […]

New Deal democrat’s Weekly Indicators: Simply Stellar Consumer Spending June 21 -June 27

Unsurprisingly, the most significant high frequency indicator of the week was the 10% YoY increase in consumer spending as measured by Redbook. Despite all of the chaos and own-goals emanating out of Washington, the economy is incredibly resilient. II continue to worry that nearly the only driving force is what looks like a Bubble in […]

Review by David Zetland “Our Man in Havana”

I am probably the only one on Angry Bear who has spent time in Cuba at GITMO Naval Base and with 8th Marines. Talked to a few Cubans there. At 21, there was not too much I could say to them over a beer. Just listen to what they had to say. Long time ago. […]

“the most heinous act in which a democratic government can engage is to use its law enforcement machinery for political ends.”

There is justice protocol for most all American Citizens which is strictly followed. Then there is a justice protocol for those American Citizens who are politically entitled and are not held liable for their actions as most cmmon citizens are held too. I would not try what he did as I would be held responsible. […]

Quote of the day

Apparently, the Supreme Court has decided that what the Constitution *really meant* all along was “disclosure for thee, but not for the VIPs with checkbooks the size of small nations.” Because despite decades of rulings affirming that states can, in fact, require donor transparency to keep democracy from smelling like week old fish, the Court […]

Costs of a Needless War Has an Economic Impact on Citizens

“Trump’s war in Iran has wiped out 1.5 years of wage growth,” Economic Policy Institute The Trump administration’s decision to start a war with Iran has imposed disastrous costs (both economic and humanitarian) around the world. The U.S. has been insulated from these costs more so than most other countries. Yet, even here the costs […]

Quote of the day

The question I get most often when speaking about Watergate is a version of “what would happen if Watergate happened today with Fox News?” And my answer is always very simple: Nixon would have survived. Not because he didn’t deserve to be forced from office, or because there was a Deep State campaign against him, […]

Jobless claims: seasonality returns, but remains very positive for the economy

 – by New Deal democrat This morning a plethora of economic data was released, including personal spending and income, manuacturers’ new orders, motor vehicle sales, and jobless claims. Since tomorrow sees no significant data releases, I’m going to hold the in-depth look at spending and motor vehicle sales until tomorrow, and update the other releases today. […]