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

Budget negotiations:  funding health insurance, or protecting democracy, science, and universities?

Congress needs to pass a funding bill by the end of September to avoid a government shut down.  In theory, the Democrats should have some leverage in these negotiations due to the need for 60 votes in the Senate.  Unfortunately, as Jonathan Bernstein details here, the Democrats have few good options negotiating with Republicans and […]

Highest Homicide Rates in 2024 (Cities)

Guess what 13 of the 20 U.S. cities with the highest murder rates were in Republican-run states. Sending in an untrained National Guard. They were not trained for controlling crowds of civilians. At Camp Lejeune in 1970, they were training us and had established mock cities to train in for practice. Pres. Trump says (in a […]

Threats to US Labor Force

As is typical, Republicans support Tr__p and Dems and Independents see less in Tr__p to support, Overall job approval comes in at 40%. If one believes that is low, I believe it will be even lower in the future as Tr__p continues to play with on and off and changing tariff rates. The masked law […]

Trump administration creeping towards socialism

Socialism is the form of economics in which the government controls the means of production. The Trump administration now controls 10% of Intel and is looking to buy shares in other private corporations. How is that not creeping socialism? “The United States government’s 10 percent stake in Intel could harm international sales for the semiconductor […]

Another Bullsh*t Manufactured Crisis to Justify Chicago Invasion

“Lies, lies, yeah, baby, I can’t believe a word you say. Lies, lies, gonna make you sad someday.” Lies, liesSome day you’re gonna be lonely, But you won’t find me around . . . Pop song from 1966 “Lies,” Knickerbockers “Trump and Republicans are trying to distract from the pain they’re causing—from tariffs raising the […]

Trump is breaking the mail

Louis DeJoy quit as US postmaster general recently, so the plan to privatize the US Postal Service may be hiatus for now. But the Trump Administration is blowing up international mail as well: “Postal services around Europe announced on Saturday that they are suspending the shipment of many packages to the United States amid a […]

NFTs and The Greater Fool Theory of Investing

Years ago, my chairman became an NFT enthusiast. At one point, he assured me “I’m not joking.” I responded: “That’s what I’m afraid of.” NFTs are a manifestation of The Greater Fool Theory of Investing. Like disco and yacht rock, they had their day. But eventually, the fools are left holding the bag: “Flash forward […]

Let Trump earn the Nobel Peace Prize

Donald Trump wants to win the Nobel peace prize, but WAPO reports today that at least 3 of the 5 members of the prize committee have been publicly critical of Trump. While this is hardly surprising, I think the committee should change its approach. Instead of criticizing Trump, sometimes for issues only tangentially related to […]

Cranks to run one’s public-health agencies

What is possibly be “our best defense against future pandemics?” mRNA technology saved America’s bacon in 2020. RFK Jr. has been active defunding it. As taken from American Prospect. Since Joel was working on this technology and also received the test doses, I am sure he could add to this piece. 🙂 May 2025 finds […]