– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Last week I wrote that exogenous factors – like political decisions – could have nearly simultaneous effects across all timeframes of indicators. In other words, the long and short leading indicators as well as the coincident indicators, could all react at the […]
Some Background on Molds Building molding tools is a one-off event. You spend the $tens of thousands and the tool lasts a certain amount of throughput dependent upon material molded (some being more difficult or corrosive) and care. The numbers of cavities will impact costs. Too many and it increases cost of the tool and […]
As a lifelong member of The Church of the Second Chance, I get this: “Then he calls his friends and neighbors together and says, ‘Rejoice with me; I have found my lost sheep. ‘ I tell you that in the same way there will be more rejoicing in heaven over one sinner who repents than […]
Trump posted on his pseudo-twitter site: “I will make sure the U.S. is the Crypto Capital of the World.” He announced something he calls a US crypto strategic reserve. What, exactly, is a crypto reserve? Look, I get it. Money is whatever people use as a medium of exchange and a store of value. And […]
Three charts and some explanation on net interest payments on debt for 2024 and higher in 20525 and 2026. Much of this is due to the pandemic and Biden paying out funds in support of the constituency. The result is higher interest rates as the Fed attempts to stabilize the economy and gain control of […]
Rust Belt cities reborn? – The one-handed economist Guest Post by Student Sara Pittsburgh and Detroit, known as Rust Belt cities because of their proximity to areas of heavy manufacturing, were two of the wealthiest American cities in the 20th century (Warda, 2016). Yet today, while one city is said to be a model for […]
The Dodd–Frank Wall Street Reform and Consumer Protection Act passage in 2010 was a legislative response to the financial crisis of 2007–08 and the subsequent Great Recession. The CFPB in creation was an independent bureau within the Federal Reserve. Its creation was meant to write and enforces rules for financial institutions, examine both bank and non-bank […]
Candidate Donald Trump promised not to touch Social Security if elected. But President Musk made no such promise, and is already spouting the usual lies to justify cutting Social Security benefits and privatizing the program: “The billionaire argued Friday on “The Joe Rogan Experience” podcast that the United States government is “one big pyramid scheme” […]
When I was growing up, our vacations involved camping each night. With five kids, it was a way to maximize vacation travel while minimizing costs. We would often camp at national parks. And of course, having grown up in East Tennessee, I visited the Great Smoky Mountains National Park many times. Our national parks are […]
My associate at Angry Bear or as you may know him better as Prof. Joel Eissenberg has some thoughts on what happened with Trump and Vance. It may be legitimate and we shall see. “my (Joel) thought was that this encounter might have been staged rather than be authentic. Like “reality TV.” My thought was […]