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

2007 and Flood Insurance….blast from the past

Reader Dan sends along this one: (this was my newbie persona ten years ago http://angrybearblog.strategydemo.com/2007/05/reader-dan-on-insurance.html) ——————- My insurance in MA was cancelled on property due to ‘limiting risk exposure’ by my insurance company. While near the coast, my investment property is not on a flood plain and well protected as well as being higher by […]

Flood damage in Houston costs whom?

Via New York Times comes this information on flood insurance, which I believe is the predominate cause of storm damage in the Houston area and beyond: Private homeowners’ policies generally cover wind damage and, in certain cases, water damage from storm surges. But for almost half a century, all other homeowners’ flood coverage has been […]

Is David Ignatius Falling For Saudi Propaganda?

Is David Ignatius Falling For Saudi Propaganda? Washington Post columnist and occasional novelist and diplomat, David Ignatius, is one of the best informed and wisest of commentators on Middle East affairs.  Thus it is with concern that in yesterday’s Washington Post in a column titled, “A new chance for Middle East peace?” he seems to […]

Baltimore Trade-off

I’ve been following the situation in Baltimore since the death of Freddie Gray because my wife hails from that city. Here is what is happening now according to the Baltimore Sun: Baltimore’s top law enforcement leaders say they are working closely together to fight crime — but the community should not expect a turnaround soon. […]

Notes on Harvey: if Karma could bring her litter to visit the Texas GOP

Notes on Harvey: if Karma could bring her litter to visit the Texas GOP First of all, as many of you already know, the M.I.A. proprietor of Bonddad blog, Hale Stewart, resides in the Houston area.  I traded messages with him on Saturday, and as of then, he was doing OK. Secondly, when Superstorm Sandy […]

GAO Report finds Rural Postal Service Remains Essential

From time to time, Mark Jamison or myself would feature articles from the Save the Post Office blog as authored by Steve Hutkins, a literature professor who teaches “place studies” at the Gallatin School of New York University. Mark Jamison a retired Postmaster for a small town in North Carolina would often write there also. […]

Republicans and Labor

Interesting development last week, Missouri’s state Legislature decided a minimum wage of $10/hour is a hardship for business and too much for Labor. This comes after the MSC sided with St. Louis and Kansas City in setting a minimum wage of $10.10/hour. The Republican legislature decided differently and passed legislation to prevent local communities from […]

Military Times reports top Pentagon posts vacant

The Military Times reports: A handful of Pentagon nominees will be waiting for Senate confirmation when the upper chamber returns in September from its summer recess, but the administration still has dozens of Defense Department positions to fill. Leaving State Department vacancies aside, I thought the Trump readiness rhetoric applied to DOD…not so much I […]