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

Brief Middle East News

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 […]

Union Pacific and Norfolk Merger

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 […]

Manufacturing expands in May; April construction expands nominally, but only data center construction in real terms

 – by New Deal democrat May data started out as usual with the ISM manufacturing index. Plus, as a bonus, official government data is finally back on schedule, only 7 months after the end of the shutdown! By which I mean to say, April construction spending was also released, on time. To cut to the chase, […]

Banking Issues

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 […]

Sunday thought: It’s Still Capital vs. Labor, Stupid

Actually posted on Monday, Before I went on to other things in business, I used to consult with Ingersoll Engineers as the MRPII and materials control guru. The main thrust by Ingersoll was Direct Labor in manufacturing was a small portion of the total cost. Materials was the greater cost. Going after the later made […]

Case Dismissed

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 […]

New Deal Democrats Weekly Indicators for May 25 – 29

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 […]

Earnings-based Inequality

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 […]

Taking his Cut

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 […]