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

How $4/gallon gas could take the economy from a nearly complete stall into outright recession

– by New Deal democrat So, first some bad news: my tech issue has resurfaced, so only links to graphs rather than graphs themselves, hopefully just for a day or two. Basically, unless I keep a bar up open to the blog page, Google and Apple sever their “handshake,” and I have to start from […]

A time of reckoning

Much is being made of the probable consequences of Trump’s Iran war for the US economy and the midterm elections. And “it’s the economy, stupid” still describes the dominant consideration in the minds of American voters. But to the extent that foreign policy affects the ballot box, the fact that Trump’s invasion is a proxy […]

Trump Goes to War , , ,

I would not change this title for anything of value. For Trump, this is like playing with toy soldiers. He also thinks of those of us serving and who have served as snooks. Then such bravado on display by him. Tough Guy as long as someone else does the fighting. A man’s man as long […]

A Measure of Tax Decreases for the Upper 10% of Households

I pulled this bullet point information from Josh Bivens piece on the Economic Policy Institute: “The Trump administration’s macroeconomic agenda harms affordability and raises inequality,” Economic Policy Institute. Graph showing the difference in return over 40 years versus Trump’s tax break for the wealthy in one year. It is the same return. It is interesting […]

Trade Deficits, Tariffs, and Rare Earths

Having read the part of processing rare earths in China when the United States has a sufficent supply of rare earths to sustain US Processing. It may make sense to process rare earths in the US. The possesses significant rare earth element (REE) deposits estimated to be > than 3.6 million tons. There are major […]

Trump Throws Down his Glove

Trump threatens Iran. I believe a 30-day window of an oil embargo just went out the window. At 8:50 yesterday morning, President Donald J. Trump posted on social media: “There will be no deal with Iran except UNCONDITIONAL SURRENDER! After that, and the selection of a GREAT & ACCEPTABLE Leader(s), we, and many of our […]

No More Benefit of The Doubt by the Court

BY that, Joyce Vance is telling you The Honorable John R. Tunheim does not want any more jello fed to him by ICE not following his judicial orders. Apparently. ICE confiscates the property of the people detained by them. When these people are found to be innocent and or released due to no findings, their […]

The Shock of Middle East War on Thailand

Looking at the issue from a different country’s perspective. I have worked in Thailand for weeks at a time at several plants the company had near Bangkok and Phitsanulok If you have not been, Thailand is a friendly country. It does have a degree of poverty which will catch your eye in the cities. It […]

Blockading Oil

I was based in Cuba for about 9-10 months. It is not like there are hostilities between the Marines and Cuba. It was quiet duty. I was setting up land line communications for 20 posts and maintaining them day and night until they sent me some new-straight out of training privates. For a few months, […]