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

Albertsons Files Lawsuit Against Kroger

In the past . . . In September it appeared this get-together stood a good chance of not happening. things are being said that are not legally enforceable. Other thing occurring that are questionable. Let me see . . . Deleted emails, Albertsons CEO walks away with a $40-something million bonus if he can close […]

Fixing the Anti-Worker H-1B Immigration Visa Scam

“Biden Can Fix the Anti-Worker H-1B Immigration” was written early on in 2022. It was not till recently a new Biden rule change is taking place for H-1B Visas. Of course, the problem with this change is how long will it last under a Trump – Musk presidency. I am sure the H1-B program is […]

Repeat Sales House prices show signs of re-acceleration in the last data of 2024

 – by New Deal democrat I was on vacation through the weekend, and since there has been no significant economic data in the post-Christmas lull, I decided to continue to play hooky. After tomorrow, on Thursday the 2025 data will start in earnest, so expect a return to form later this week. In the meantime, […]

Fed’s Summary of Economic Projections isn’t living up to its promises

A multi-level failure of the Summary of Economic Projections (which includes the dot plot) was partly to blame. People came looking for clarity. They got even more uncertainty and the sense of a Fed ‘flying blind.’ What markets want is the Fed forecast. As a result, S&P was down and Treasuries were up 10 points. Uncertainty . […]

Many Sides of the Tough Guy Josh Hawley

Sen. Josh Hawley gestures toward a crowd of supporters of President Donald Trump gathered outside the U.S. Capitol to protest the certification of President-elect Joe Biden’s Electoral College victory Jan. 6, 2021. Some demonstrators later breached security and stormed the Capitol. | Francis Chung/POLITICO In a previously unpublished photo, Hawley gestures toward supporters of President […]

Shale Oil Production Decreasing

Consolidation of Shale oil Drillers and Processer. Fewer wildcat drillers bought out by the larger oil producers. Greater interest in financial returns. Fields are maturing, sweet spots dwindle, and greater interest in investors. Prices for gasoline will eventually increase. Drillers pushed U.S. production to a record of over 13 million barrels a day under President […]

Global warming and the economics of plant nutrition

Climate change denialists are fond of pointing out that rising CO2 levels will mean that plant life will flourish, since plants “breathe” carbon dioxide. And it’s true that, up to a point, plants do grow faster with higher CO2 levels. But those plants have less nutritional value for the animals that depend on them for […]

Republicans want to defund the (tax) police

Under Biden, the IRS budget was significantly increased a couple years ago. Part of that increase was to fund the policing of tax returns, especially among the wealthy. According to Charles Rettig, an IRS commissioner appointed by Trump, the United States is losing $1 trillion in unpaid taxes every year. In the past two years, […]

This is In the Blowing Yourself Up Mistake -Category

This is kind of interesting. A colossal mistake misleading the public. Not so great as to cause harm to anyone. Great enough to be annoying as everyone starts to go through the process of, “what do I have that is made of black plastic?” Pitches them and them finds out that they were ok due […]