Daniel is based in western Europe where he teaches. Many of his students write essays which he posts from time to time. WE are allowed to answer his students as to the accuracy or thoughts of the essays. I am sure the news he obtains about eastern Europe is far mor accurate than what we […]
Memorial Day . . . I am sure everyone is out cooking burgers and hot dogs except in the desert where the temperature is triple digit. And what is this old Marine Sergeant gonna do? Certainly not get out in the heat. I will drink a beer to honor the friends I lost and in […]
Can you spare 21 minutes of your time? Some easy listening . . .
Tom Dispatch site commentary suggested by Dale Coberly . . . Tom: It’s not complicated. This country, as TomDispatch regular and co-chair of the Poor People’s Campaign Liz Theoharis makes clear today, is simply unprepared — unprepared, that is, to keep all too many Americans even reasonably healthy and well. It matters little that this may be the wealthiest country on the planet . […]
I seldom eat at chain restaurants, and I’ve never set foot in a Red Lobster. So the latest bankruptcy of Red Lobster doesn’t affect me personally, but it does serve as yet another illustration of pernicious consequences of vulture capitalism. When the private equity firm Golden Gate Capital bought Red Lobster, the chain was already […]
by Merrill Goozner GoozNews How high-deductible health insurance plans, touted by free marketeers, caused the medical debt crisis and degraded public health. ~~~~~~~~ The 2003 Medicare Modernization Act, best known for its senior citizen drug plans, also encouraged the rapid expansion of high-deductible health plans (HDHPs). It allowed people, mostly well-off, to put pre-tax earnings […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. While the inverted yield curve and negative money supply growth keep the long leading indicators negative, both the short leading and coincident indicators have almost all turned neutral or positive. As usual, clicking over and reading will bring you up to the […]
The IEA report covers a February-to-February timeframe 2023 – 2024. When the IEA speaks of evolution, they are reviewing the OECD usage and direction for 13 months. There is a brief summation in the beginning for Fossil Fuel. Renewable Sources, and Nuclear power production. The charts tell the rest of the story for the OECD […]
Nice Evening Read. I am not a big believer in tariffs. However, as it is today and from the seventies, domestic companies have relocated to countries to escape avoid associated Labor and Domestic costs prevalent in the United States. Cost such as healthcare, OT, work conditions, Workman’s Comp, SS, etc. and there are issues such […]
– by New Deal democrat To reiterate my Big Picture theme for this year, now that the supply chain tailwind has ended, will the effects of the 2022-23 Fed rate hikes drag the economy down towards recession at last, or will there be a “soft landing” (or no landing at all) instead, because interest rates […]