Pres. Trump has found a way to impact the global economy. And he did it by attacking Iran. His attack will also have a huge impact on the United States and every other country using oil or its byproducts. Looking for a recessional economy in the near term even with secure oil resources. Paul Krugman […]
Full disclosure. I am a Vietnam era veteran 68 into 71. My issues are definitely not with Veterans Healthcare, a service I use for healthcare. I find it professional and caring for my issues during my yearly and whenever needed visits. I really do not know how a veteran can cheat or scam the system. […]
– by New Deal democrat I described two months ago as “the month the birds came home to roost.” Last month, pace Edgar Allen Poe, I said the birds were screeching “recession!” This month, Poe’s birds decided to play with us, screeching instead: “Nevermind!” This was a good report with mainly good internals, with one […]
Maybe they can make a movie out of this one? Of all the important issues facing the United States, Trump is concerned about college football and basketball (to a lesser degree). So, he issues an executive order to establish his fix for it. ~~~~~~ “Urgent National Action to Save College Sports,” The White House, April […]
– by New Deal democrat With the stock market flailing around trying to keep its head above water, jobless claims along with consumer spending are the only two metrics that solidly support a continued economic expansion (ok, maybe ISM manufacturing is trending in that way as well). But to the point of this post: last […]
Pick One or Face the Consequences. Either Way, You Will Be Worse Off. Rough roads for Students having student loans. But what is unusual about this? The answer is “nothing.” For decades, student loans have become the cross to bear (if needed) to gain a college education. If you have been keeping track of Angry […]
Trump’s closure of the Veterans Affairs Servicing Purchase (VASP) plan creates financial issues for veterans who have VA mortgages which did not exist previously. Even so, in the past Trump has displayed little respect for veterans, calling them suckers and losers. He has denied the name calling, but it would be typical of him to […]
– by New Deal democrat While much of the official government data is still delayed, months after the end of the shutdown, privately sourced data remains fully up to date. And March data started out with the ISM manufacturing index, which was our second piece of (mainly) good news of the morning. The headline ISM number […]
How We Get Rid of “Citizens United,” Robert Reich This week’s video is important. It shows a clear path to getting rid of the Supreme Court’s horrific 2010 decision Citizens United vs. Federal Election Committee. That decision opened the floodgates to campaign spending by giant corporations. The high court reasoned that corporations are people who have First Amendment […]
– by New Deal democrat After all these months, we are still feeling the effects of the government shutdown last fall. Normally construction spending is released on the first day of the month for the second previous month – in today’s case, that would be for February. But half a year after the shutdown began, […]