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

New 20+ year record high mortgage rates begin to impact home sales

New 20+ year record high mortgage rates begin to impact home sales; bifurcation in new vs. existing home prices continues  – by New Deal democrat In addition to updated reports on new home sales and prices, and existing home prices this morning, there’s some very important news on mortgage rates. Namely, at 7.51%, mortgage rates […]

Is It Worth the Pollution and Costs? Flying Montreal Bagels to Vancouver, Canada

We do not measure the amount of pollution and costs incurring when products are transporting in a way having greater pollution and cost. This as measured against local products. A comment on Lloyd Alter’s piece discusses dough coming from Italy for pizzas? “I’m less concerned about this than that our major grocery chains. Currently, PC […]

Bad Journalism

Hmm. Maybe Trump *does* have a point about the lying press after all. Here’s the Reuters headline:“Biden, Trump to woo union workers in Michigan as auto strikes grow” So where are Trump and Biden going to woo union workers? “Former President Donald Trump is scheduled to visit a Macomb County automotive supplier of engine and […]

A Healthcare Insurance System Making Patients Sicker and CEOs Rich

A bit of a rewrite on this commentary to make it clear and precise in what it is saying. What is occurring is the Insurance Companies and their CEOs are profiting off of our illness. Insurance Policy pricing keeps going up along with the healthcare insurance deductibles. Unless one can afford the insurance premiums, people […]

Fentanyl, Methadone, Buprenorphine and Naltrexone

One of these things is not like the others. Fentanyl is killing about 70,000 Americans a year. The others are known to be useful in treating opioid dependency yet (in 2014 sorry will Google more) only half of private opioid use disorder treatment programs offered pharmaceuticals and less tha one third of patients actually received […]

New Deal democrats Weekly Indicators September 18 – 22 2023

Weekly Indicators for September 18 – 22 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. With interest rates at or near multi-decade highs, and the existing home market completely seized up, the background financial condition have trended even worse. Meanwhile the shorter term indicators may be getting reading […]

Backwoods USA, Mom Sentenced to Two Years for helping Daughter

US mother sentenced to two years in prison for giving daughter abortion pills, Backwoods and Out Houses USA, The Guardian This is not horrific. It is what happens to people when there is no way out. The horrific part is the state which forces people to take any means possible. ~~~~~~~~ Jessica Burgess, a Nebraska […]

Striking Auto Workers, “Again” Justice Thomas, ” Indicted Dem Senator

“So a Democratic Senator is indicted on serious charges, and no Democrats attacking the Justice Department, no Democrats attacking the prosecutors, no Democrats calling for an investigation of the prosecution, and no Democrats calling to defund the Justice Department,” wrote former Republican representative from Illinois and now anti-Trump activist Joe Walsh.  “Weird, huh?” AB: More […]

Big Picture Summary Inflation and Housing

The Big Picture of the housing market, and its almost complete bifurcation, in 3 easy graphs  – by New Deal democrat I want to spend some time commenting on the broader issue of why the public perceives inflation is still rampant, even though almost all official measures show it rapidly decelerating, and even completely absent […]