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

Guantanamo and defense

This AP article on Thursday 21 February 2008 reports the following: San Juan, Puerto Rico – In a stunning turnaround, the former chief military prosecutor at Guantanamo Bay said Thursday he would be a defense witness for the driver of Osama bin Laden. Air Force Col. Morris Davis, who resigned in October over alleged political […]

Free trade, Republican’s no like (along with others)

From a poll by the WSJ/NBC reported in October, 2007 comes: While 60% of respondents said they want the next president and Congress to continue cutting taxes, 32% said it’s time for some tax increases on the wealthiest Americans to reduce the budget deficit and pay for health care.Can you imagine? They have started to […]

Quick and nimble government

Department of Commerce Changes Decision-The DOC has today announced that it will, afterall, continue with its Economic indicators service due to public response to its recent announcement of closure.

Tic Tac Toe, Supreme Court style

Bribes, payola, favor of the physical kind? Forget-about it. Just put the right person in the appropriate agency, preferably a person from the line of business the agency is to regulate. But, for extra insurance over the long haul, with a little luck of timing you get to fix the legal issue almost permanently: supreme […]

Angry Bear has a new look and RSS feed has been restored

If you have been missing updates from Angry Bear, we apologize for the inconvenience. In the process of recently re-designing the look of the blog, the feed was inadvertently disabled due to a minor flaw in the html. An updated description about how Angry Bear has developed can be found through the link ‘About Angry […]

Top 100 Economic Blogs includes Angry Bear

Currency Trading has included Angry Bear as one of the top 100 economic blogs overall, characterized as a left leaning economics category. (Hat tip to DolB for the link) Calculated Risk , a guest poster at Angry Bear, was placed in financial section category.Tim Worstall , who comes by to comment, is listed under international […]

How do we define ‘fiscal responsibility’ left and right?

OMB Watch suggests looking at projections first for talk on fiscal responsibility. Hence instead of talking idealogy first, go for the numbers. It is not BDS to use this years budget, in that the projections have been manipulated for decades. We are just better at manipulation after decades of experience, and the supplementals simply throw […]

Citizen’s Guide to economic knowledge

A Citizen’s Guide to the financial status of the US government is a new publication to provide easier access for citizens to obtain data and understanding of what is going on. I believe this is the first edition. It is coordinated between Treasury, OMB, and the Comptroller General. It is pdf. It reads like the […]

Office of the Comptroller of the Currency

The Office of the Comptroller of the Currency has a name that does not fall glibly off the tongue. Nor does the OCC figure prominently in current discussions on credit regulations. Can readers comment on the role it played in making sure federal standards applied to banks rather than state regulations, and what the issues […]

Eyes on Trade

Eyes on Trade of Public Citizen Watch has an opinion piece worth reading on the WTO and trade agreements, with some useful links. It’s our unfortunate duty here at EOT to have to read some truly mind-numbing trade law analyses of domestic regulation. For instance, have you ever really thought about whether electricity is a […]