This does not look like it is going away any time soon. Iran is striking back. Worth reading even if brief: Iranian state media reports Tehran may be suspending ceasefire talks. U.S. and Iranian strikes resume over the weekend. Nuclear talks stall as U.S. leadership continues to temporize. Qatar open to temporary Hormuz fees for mine-clearing. Aid groups warn of resource shortfall for millions displaced […]
It has been a bit since I have placed anything on Angry Bear, I felt it was time to catch up with anything going on with railroading. Apparently, there is a big push for the UP and Norfolk to merge. The merger would create the first transcontinental railroad from the East Coast to the West […]
Introduction: In and around 2007 – 2009 the US economy was in or coming out of recession. Much of this was cause by lax lending in a rapidly growing economy. Bank took on risks which did not occur in the past as greatly. Little money down and loans on equity which disappeared in recession. Several […]
It appears it finally happened. Trump looking for revenge driven justice agenda backfired on him. Mybe the right word to use here is vindictive. Trump is well known for seeking some type of revenge. He plays his desire so openly, it is difficult to be ignored. “U.S. District Judge Waverly D. Crenshaw considered the defendant’s […]
My Weekly Indicators for May 25 – 29 is up at Seeking Alpha, New Deal democrat The split between the portion of the economy being driven by AI-related production and profits and the broad consumer economy continues to stand out starkly. But as I have pointed out often in the past many months, there is […]
I suspect getting an education is a doorway to higher income. I do believe it is one part of it. Field of endeavor, base degree and advanced degrees, and salary play the parts I am aware of today. Then, how good are you in your field and can you be replaced easily. The article corresponds […]
I am not sure what one would call a real activist president when it comes to the United States . . . anymore. For example and one of the best examples . . .”Under FDR, the American federal government assumed new and powerful roles in the nation’s economy, in its corporate life, and in the […]
– by New Deal democrat Per my comments yesterday, so much data was released (with none coming today) that I did not report on several of the items. I’ll get to new home sales later, but first let’s talk about new orders and revised GDP. The central theme of yesterday’s personal income and spending report […]
We should be clear: Bari Weiss is murdering 60 Minutes. She is doing so not out of incompetence or foolishness, but with malice aforethought. She is doing it at the behest of her corporate patron, because while she may cause CBS News to lose millions of dollars, her stroking of Trump will gain David Ellison […]
Taxing Wealth and High Incomes, Econofact – by Christopher Towe What you are seeing here is the growth in the percentages of citizens who make up upper income brackets. In this case, we are looking at the 1 tenth of 1% of the population and hold 14.5% of the wealth in the United States […]