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

The Trump DoD is coming for your wallet

As usual, Trump is doing what he accuses others of. In this case, bleating about “waste, fraud and abuse” while removing all the safeguards against waste, fraud and abuse. “The Trump White House this month announced two new executive orders radically changing procurement procedures, especially defense procurement procedures, in ways that will unleash waste, fraud […]

Solar overtakes coal in EU power sector

As usual, Europe is way ahead of the US in minimizing many factors impacting the environment. The use of coal to generate electricity was cut in half (if I read the chart correctly). Solar overtakes coal in EU power sector, as gas declines for the fifth year in a row, Ember Brussels, 23 January – In […]

Twenty-one Million Americans to Lose Healthcare

Republicans taking away healthcare from “poor” Americans to fund tax breaks for the 1% which would include billionaires (as if Musk and others are struggling). I believe it is time to put some of them back in the Labor Force. Republicans have decided which 21 million Americans should lose their healthcare, – Charles Gaba ACA […]

No, Christianity is not under attack in the US

“On Tuesday, Attorney General Pam Bondi hosted an inaugural meeting of a task force consisting of other members of President Donald Trump’s cabinet, to discuss its mission to eradicate alleged “anti-Christian bias” within the federal government.” LOL! This is just propaganda. There is no “anti-Christian bias” in the US government. In fact, there is a […]

Sunday Reads

Just some articles I get in my email. Maybe a good read for Angry Bear commenters too! – “Trump’s Fed Attacks, Trade War Push World to Sell Off US Assets,” Bloomberg – “What Happens When There Are No Deals?” Paul Krugman – “David Brooks: I Should Have Seen This Coming,” The Atlantic. – “Arresting a […]

Trump’s canal fixation

“Donald Trump has demanded free transit for American commercial and military ships through the Panama and Suez canals, tasking his secretary of state with making progress “immediately”. “Trump has for months been calling for the United States to take control of the Panama canal but his social media post also shifted focus on to the […]

Alien Enemies Act has triggered memories

Relocation Officer William Husso checks departure list at the Gila River Relocation Center in Rivers, Arizona, on Sept. 15, 1945, as evacuees returned to their former homes in California. (War Relocation Authority photo from the National Archives) “President Trump’s rare use of the Alien Enemies Act triggering memories of the country’s dark chapter of Japanese […]

March existing home sales continued the slow process of rebalancing in the housing market

 – by New Deal democrat Existing home sales are not that important for forecasting purposes, since they have much less economic impact than new home sales, because the main effect is simply a change in ownership. But there has been an ongoing shortage of housing for over a decade, which was only exacerbated by the […]

The Costs Incurred from the Government’s Attack on Universities

“The Atlantic” is my traveling partner. When I was gone for days or weeks at a time, I would read it on the planes or in my room after dinner. I would also have a book with me by Catton, Russo (Nobody’s Fool), or Crichton. This article in the Atlantic was written March 19th. It […]

Judge skeptical of Trump admin in collective bargaining case

The last thing a dictator, or Trump for that matter, would want is interference from a third party which may take the side of the person or group being forced to submit. If you remove union collective bargaining as a group, the individuals have lesser power to resist. Trump is comfortable threatening individuals over groups. […]