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

The 2020 Election’s Biggest Villains is Back and is Again Messing with the USPS

Louis DeJoy, the Trump-appointed head of the United States Postal Service (USPS), is screwing with the 2024 election. His failure could impact the outcome of a close election. If it is close. With the help of a former NC postmaster and Steve Hutkins of Save the Post Office, we have been tracking the lack of […]

Ford New In-Car Radio System Eavesdrops, Learns, and plays Ads According to Your Likes

Excellent reporting by Motor Trend revealing how a new tech radio gives you music and can also eaves-drop on you. The result of eaves dropping is to schedule commercials that may appeal to your interests. The radio then will program commercial ads that may suit your interests. Maybe by introducing something new? What do you […]

The Role of Pharmacy Benefit Managers – Executive Summary

I wanted to put up the entire report. It is just too long. However, the link is there for addition reading to back up the Executive Summary. Angry Bear has been reporting on the rising costs of pharmaceuticals. Hopefully, the Executive Summary will add to Angry Bears knowledge base. PBM Report Final with Redactions House.gov […]

Rebalancing of the Housing Market Continues, as New Home Sales and Existing Home Prices are Consistent with the “Soft landing”

 – by New Deal democrat With this morning’s release of new home sales, we have all of the important housing data releases for the month. So let’s integrate that into the overall housing outlook. Let’s begin with my usual  overview that new home sales are the single most leading metric for the entire sector, but […]

Bar semiconductor producers who receive government subsidies from stock buybacks

Subscriber to Reich’s column so I steal a commentary now and then. Funds given to Semiconductor corporations are being used to buy back stocks rather than invest in new capabilities and facilities. In 2010, we took hits on pricing by as much as a 20% increase in pricing. A take it or leave it proposal. […]

Home Insurance Rates are Rising Fast

Why home insurance rates are rising so fast across the US. Climate change plays a big role, The Conversation Millions of Americans have been watching with growing alarm as their homeowner insurance premiums rise and their coverage shrinks. Nationwide, premiums rose 34% between 2017 and 2023, and they continued to rise in 2024 across much of the country. […]

Repeat home sales indexes show further, marked deceleration in price inflation; bode well for the Fed

– by New Deal democrat This morning’s repeat house price indexes from the FHFA and Case Shiller continued to show deceleration in this metric which is very important to home buyers. Specifically, in the three month average through July, U.S. house prices rose 0.2% according to Case Shiller’s national index, and only 0.1% according to the slightly more […]

Too cheap to meter

Lewis Strauss, former chair of the AEC, coined the phrase “too cheap to meter” referring to the potential for nuclear power. It was a phrase I grew up hearing in Oak Ridge TN, but it never came to be, there or anywhere else. Now, the Wall Street Journal claims that day has arrived, not because […]