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

Out in the Open Election Officials Strategizing to Undermine 2024 Results

More issues with the upcoming 2024 election. Again in Georgia which had election counting issues in 2020. Now, election deniers are openly planning. Network of Georgia election officials strategizing to undermine 2024 result, US elections 2024, The Guardian. Emails obtained by the Guardian reveal a behind-the-scenes network of county election officials throughout Georgia coordinating on policy and […]

Housing sector enters yellow flag “recession watch” territory

– by New Deal democrat Residential construction permits and starts bounced back from their July Hurricane-Beryl affected decline, but housing units under construction declined below the threshold for hoisting a yellow “recession watch” flag for this sector. At the same time, I continue to suspect that we are rising from lows in the most leading […]

Why are auto insurance rates going up so much?

Kevin Drum has a short piece on the recent surge in auto insurance rates. He doesn’t offer any explanation in his post, but the comment thread has suggestions: • a combination of increase in bad driving and lack of enforcement; • fender benders are much more costly since all the self-driving gear as well as […]

Louisiana Senator John Kennedy Goes off the Rails

The boldness of this particular Senator in publicly attacking a person, an American citizen is astonishing. Briefly, the Arab American Institute is a non-profit membership organization that advocates for the interests of Arab-Americans. Founded in 1985 by James Zogby, the brother of pollster John Zogby, the organization is based in Washington, D.C. The organization seeks to increase the visibility of Arab-American involvement […]

Early Read on Existing Home Sales in August

Lawler: Early Read on Existing Home Sales in August, Calculated Risk From housing economist Tom Lawler: Early Read on Existing Home Sales in August Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual […]

Industrial and Manufacturing Production Rebounded Strongly in August

And now, some good news: industrial and manufacturing production rebounded strongly in August  – by New Deal democrat In the past, industrial production has been the King of Coincident Indicators, since its peaks and troughs tended to coincide almost exactly with the onset and endings of recessions. That weighting has faded somewhat since the accession […]

Lots of Shoulds and Coulds in a Recital of a Potential Heart in the Harris-Walz Economic Policies

Robert’s proposal as to what should be in presidential candidate Kamal Harris’s future goals for the nation and its citizens. They are good targets. The issue being whether she can convince a Congress these are worthy to pursue regardless of politics. The key to what should be (and hopefully will be) Kamalanomics by Robert Reich […]

A strong dollar is good news for most of us — but not everybody wins

by Rafael Nam NPR The American dollar has been soaring this year relative to most currencies in the world. That’s providing a lot of benefits to Americans — but it’s also creating a lot of pain. The strong dollar brings a number of advantages. It reinforces America’s economic dominance and it helps reduce inflation by […]

A Sense of Privilege

Kind of a rambling story here. What is going on? Investors are stripping the companies of their resources leaving bare bones so to speak. If you attempt to hold the prime investor responsible, the judges get in the way the same as we see SCOTUS Chief John Roberts becoming more involved and District Judge Cannon […]