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

Two Working-Class Candidates Launch U.S. Senate Runs

Who you might know better as a proponent of better care for veterans, Steve Early is backing two candidates for the Senate. In Nebraska opposing Repub Deb Fischer, steamfitter Dan Osborn. Running in West Virgina is grandson of a coal miner and veteran Zach Shrewsbury against coal baron Jim Justice. Some down to earth populist […]

December 29, 1890 Wounded Knee Creek, South Dakota

A bit of history for Angry Bear readers which should be remembered. December 28, 2023, Letters from an American, Prof. Heather Cox Richardson On the clear, cold morning of December 29, 1890, on the Pine Ridge Reservation in South Dakota, three U.S. soldiers tried to wrench a valuable Winchester away from a young Lakota man. […]

Largest ACO Program is Saving Piddling Amounts for Medicare

Introduction: “new analysis finds that that MSSP, the oldest and largest Medicare accountable care organization (ACO) program, has lost money for individuals it covers and overall for Medicare it saves just 75¢ per $1000.” AB: Not much of gain there. What does it do for other programs? “Largest ACO Program Saves Piddling Amounts for Medicare,” […]

Jobless claims end the year on a solidly positive note

Jobless claims end the year on a solidly positive note  – by New Deal democrat For our last data of 2023, initial jobless claims remained at a very low level, up 12,000 from one week ago to 218,000. The four week average declined 250 to 212,000. With the usual one week delay, continuing claims rose 14,000 […]

Trying Hard Not to be an Ugly American while Working in Thailand

Either in the beginning of our trip or at the end of the trip, we would end up in Bangkok, Thailand. Our stay was at The Landmark Hotel which to my knowledge was a Thai hotel and our plant(s) put us up there and on the Executive floor. Centrally located, it was easy to get […]

Soft Landing II

I promised a second entry in the series, Soft Landing this time it’s monetary. The question is why didn’t the FED’s monetary tightening cause a recession. There certainly was tightening, the Federal Funds rate rose from 0.07% to 5.33% There certainly were people who predicted a recession in 2023 (hey they still have 4 days […]