The state of inflation There’s no big economic news today (Aug. 22), and as usual very limited COVID reporting over the weekend, so let’s catch up on the state of inflation in the economy. Three of the biggest components of inflation have been gas, housing, and vehicles. Let’s look at each in that order. According […]
The state of inflation … gas, housing, and vehicles
From Regression to Rot
“America is the most advanced country in the world.” So we hear. Even if it is so, it is so, perhaps, and only perhaps, on average. Seems the majority of the population does want to progress. Also seems that a significant minority of the population is, has long been, inclined to regress. Moreover, many of […]
Don’t Drink the Water – Mercury contamination
There are many places where the water has been polluted by something. Ten Bears talks about Bend, Oregon. 1979 and one of the largest environmental complaints was lodged by the Federal government against a major corporation. Acting on behalf of EPA, the Department of Justice filed four suits against Hooker Chemical Co. Hooker Chemical and […]
The raid
As taken from Infidel753‘s Blog, Infidel, “The raid.” Written not even two weeks ago and accurate as to what took place leading up to the raid, reactions by “wingnuts,” and the blogosphere perspective on what they call an illegal raid. Republicans deceiving themselves is still on going since January 6. Rather than aligning themselves with […]
The Last Straw
Just as some of those first to suffer the consequences of Climate Change were those who had been subsisting on marginal lands; some of the first to suffer the consequences of the most recent round of inflation were those who had been subsisting on marginal incomes. This was a lot of Americans. Before inflation, they […]
Sunday Morning Quote – Joe tells It All
Joe Manchin came to the table in agreement with the new IRA provisions. This left Senator Sinema as the only one blocking the Inflation Reduction Act. To reach an agreement, Democrats were forced to narrow a key provision of the recently enacted Inflation Reduction Act because of Sen. Kyrsten Sinema, D-Ariz. “We had a senator from Arizona […]
Weekly Indicators for August 15 – 19 at Seeking Alpha
Weekly Indicators for August 15 – 19 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The continued decline in gas prices has been doing some nice things to other indicators as well. Meanwhile, manufacturing as measured by the regional Feds is getting worse. As usual, clicking over and reading will bring you […]
SCOTUS Strikes Again and Not in the Way You Think
The Good Note this one on your calendar, the court gets it correct. Just when you think SCOTUS will raise its ugly right-wing head again, it decides differently. I can’t tell you what the votes were for and against. This is an unsigned decision. Mabe the one who ratted on the SCOTUS-Alito’s anti-abortion decision will […]
Prices of existing homes have probably peaked
Prices of existing homes have probably peaked By now you may already know that existing home sales declined further in July, to an 8 year low (excluding the pandemic lockdown months: This is roughly a 30% decline from their peak, and is certainly a recessionary level. But perhaps more importantly at the moment, it […]