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

No reason for Greenland to choose to be a US colony

Trump and Vance insist that Denmark and Greenlanders must cede control of Greenland to the United States. Trump has made not-so-veiled threats to seize Greenland by force. A US invasion and military occupation of Greenland would ostensibly be justified on national security grounds, to protect the region from Russia. A similar justification has been voiced […]

What Musk Does Not Want You to Know

It always comes up! People could have greater savings if the funds were invested on Wall Street entities, etc. This can be true. It comes to mind though; can you afford to lose it? Will someone replace it for you if it is lost? No one will replace it for you if it is lost. […]

February 2025 Economy Review

Real income, spending, saving, and sales continue to be expansionary  – by New Deal democrat Real income and spending are two of the most important indicators of the well-being of the consumer. With the general weakening of the economy, I have been looking to see if in particular real spending on goods would sputter. Signs […]

Economic Occurrences Could Lead the US to Another 2008

This particular piece (or partial) is taken from an article written in 2015. You can pick up the entire piece at “KelloggInsight.” It is an abbreviated version of the article detailing what took place in 2008. Our economy was on the verge of collapse. Goldman Sachs made a collateral call on AIG. The results of […]

Why We Shouldn’t Deport Undocumented Immigrants?

Brief commentary as taken from Tax Fairness. Good Stats and comparisons. And brief in making its point on immigrants as compared to corporations and income taxes. “How Undocumented Immigrants Contribute to Our Economy & Pay Higher Tax Rates Than Many Major Corporations,” Americans For Tax Fairness In 2022 America’s 10.9 million undocumented immigrants paid $96.7 billion […]

New Deal democrat Weekly Indicators March 24-28

Weekly Indicators for March 24 – 28 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The most important news in high frequency data was that we now have 4 of 5 reports from regional Feds for March, and all four showed a decline from last month, and 3 […]

Whacking Medicaid Healthcare

Detailed information commentary by the “Center for Children and Families.” Whacking Healthcare for tax breaks. Somewhat edited. Probably needs more . . . Detailed . . . “Medicaid Work Reporting Requirements: More than Meets the Eye,” Center For Children and Families Republicans from President Trump on down are trying to hide the ball on how much they […]

Lift the Ban on El Salvador Deportation Scheme

Well, the topic in the latest Common Dreams flies under the descriptor title. “Trump DOJ Turns to Supreme Court to Lift Ban on El Salvador Deportation Scheme.” So what else is new with the Trump administration? Well? Tulsi revoking the security clearances for various people. The various includes former President Joe Biden, former Vice President […]

Corporate Profits Increased Consistently Since Q1 2023, They are Forecasting No Recession 2025

Long leading indicators update: corporate profits in Q4 2024  – by New Deal democrat Corporate profits are a long leading indicator, as they typically turn down at least one year before the onset of a recession. Unfortunately, they are typically reported with a lag, and Q4 corporate profits aren’t reported officially until the final update […]

Unintended consequences

I get that Trump is too stupid to understand that his tariffs (a) will be paid by American consumers, (b) will drive inflation and (c) will prevent future Fed rate cuts. But there are other negative consequences: “While Wall Street frets about potential volatility from President Trump’s April 2 “Liberation Day” plans, another part of […]