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

Report on oil speculation

by Divorced one like Bush Anyone else see this report? The report by Masters Capital Management said investors poured $60 billion into oil futures markets during the first five months of the year as oil prices soared from $95 a barrel in January to $145 a barrel by July. Since then, these investors have withdrawn […]

Spend the billions on F and F a different way?

Reader OSO has a slant on Freddie and Fannie: As far as I can tell, GSEs of the size and purpose of Fannie and Freddieare missing from more “socialist” economies than the US. It seems thatthey are an aberration in both free-market economies and social democracies. The nationalisation of Freddie and Fannie was not the […]

Quotes and taxes

by cactus What with the new CBP Report showing the growing deficit (warning: PDF file!!!), I thought I’d update a post I wrote a few months ago. Here’s the post in its entirety: Here’s a short collection of White House quotes on taxes and the budget – one for each year of the Bush Administration. […]

IN COVENTRY designation on the sidebar

Please note that any name in the jail has lost the right to participate in Angry Bear discussions, as agreed by a coalition of left, center, and right groups on the blog. Please do not respond to persons in jail…these persons refused to respond to reminders for hostility and rude statements.

More on infant mortality: What’s with the USA

A post based on joint work with Tilman Tacke got 45 comments which is a lot for one of my posts. Many were excellent. One weak point is that people seem a bit obsessed with the USA. The post discussed cross country regressions with 71 countries (The first comment started “Why only 71 countries?”). The […]

Op-ed on what Social Security is for: plain bread not cake and good enough if you retired now

op-ed by reader coberly A MODEST NOTE on the use of Present Value in Social Security propaganda I should begin by saying that I have nothing against the use of present value (PV) calculations being used to make honest comparisons between various options across time. What I am concerned with here is that they can […]

Dueling Mooses

by reader noni mousa Dueling Mooses — Kristol tries to confuse the issue — FAIL! William Kristol (NYT today) defends Palin as a VP pick. Are we convinced? Here, see what he says: Should voters be alarmed by a relatively young or inexperienced vice-presidential candidate? No. Since 1900, five vice presidents have succeeded to the […]

Daniel Davies’s Three Laws Summarized

Via the sainted and gorgeous Bess Levin at Dealbreaker the erudite Felix Salmon at Portfolio.com, Michael Giberson at Knowledge Problem summarizes why even a Bush Administration initiative that might have had an upside falls victim to Daniel Davies’s Three Laws: In response to disruptions caused by Hurricane Gustav, the DOE has indicated a willingness to […]

Oil as an excuse for Bush et al’s economic performance

by Divorced one like Bush From comments in Cactus’ post: “Now in the last couple of years we have seen unprecedented oil prices that have sapped our economy’s strength.” Yes, we have. Others have presented this argument. However,there was plenty of information in existence long before the “last couple of years” regarding the issue of […]