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

Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support’

Dale Coberly: This is part 2 of a comment I began July 18 on Angry Bear.  It is a reply to an article appearing on the internet by Andrew Herrig at wealthynickel.com  under the title. “With Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support,’” WEALTHY NICKEL, written by Andrew Herrig. […]

New Deal democrats Weekly Indicators for July 17 – 21

Weekly Indicators for July 17 – 21 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha.  At least when it comes to weekly measures of consumer spending, the “waiting for godot” recession seems to have finally arrived. Meanwhile other metrics have been picking up steam as to the near […]

Letters from an American, July 21, 2023, a Friday

July 21, 2023 (Friday), Letters from an American, Prof. Heather Cox-Richardson Defying SCOTUS, redistricting, and the border. On June 8 the Supreme Court affirmed the decision of a lower court blocking the congressional districting map Alabama put into place after the 2020 census, agreeing that the map likely violated the 1965 Voting Rights Act and […]

About the Past

How we humans came to be where we are today had a lot to do with stability and the invention of calendars. Before stability, glaciers came and went. Best we and most other animals could do was run around looking for food and shelter. After the Last Glacial Period(LGP), aka as the Last Ice Age, […]

How long until the historically tight jobs market reverts to trend?

How long until the historically tight jobs market reverts to trend?  – by New Deal democrat There are some very unusual cross-currents going on in the housing sector, revealed by yesterday’s existing home sales report. But it will take some time-intensive organization to present it to you, so I’m saving it for (hopefully) Monday. In the […]

Open Thread July 22, 2023 Can Justices be Influenced?

Senate Democrats are not having fun these days unless they’re attacking a conservative Supreme Court Justice. Thursday’s markup of their judicial “ethics” bill was the event of the season. Leading the charge was Rhode Island Sen. Sheldon Whitehouse claiming the High Court is “captured by special interests.” Mr. Whitehouse brought up “freebie vacations.” He also […]

Ron DeSantis doesn’t understand capitalism

I see where failing GOP presidential candidate Ron DeSantis is trying to salvage his campaign by pivoting to Marxism. He is calling for the state of Florida to investigate Belgium-based AB InBev on the basis of their recent Bud Light advertisements using a trans character. DeSantis seems to believe that AB InBev breached legal duties […]