Inflation reversals as unique markers of Boom and Bust cycles vs. Fed interventions As I’ve already mentioned a couple of times, I am seeing posts from the usual DOOOMERS warning that a recession is imminent, if we’re not already in one. Typically – again, as per usual – they cite data that they never bothered […]
Both Vox and Crooks and Liars had an article up on this issue. As did SCOTUS Blog. Not an attorney; but, I can tell you all the fun we had with a liar for an attorney, who took $10,000, lied to the court, had exparte conversation in judge’s chambers, was responsible for the death of […]
“Few crimes are more harshly forbidden in the Old Testament than sacrifice to the god Moloch (for which see Leviticus 18.21, 20.1-5). The sacrifice referred to was of living children consumed in the fires of offering to Moloch. Ever since then, worship of Moloch has been the sign of a deeply degraded culture. Ancient Romans […]
14 students, one teacher killed in Texas elementary school shooting This is like a plague which keeps growing in intensity. “The suspected shooter, who might have had a pistol and a rifle, was fatally wounded in the law enforcement response. The attack was at Robb Elementary School in Uvalde, about 83 miles west of San […]
Planters have been running all out over the last few weeks as the envelope to get spring planted before summer heat and drought sets in even further. We will start with what the market was expecting yesterday and the results of the USDA Planted Progress Report as of yesterday. Discussed at length on yesterday’s Go […]
The end of Roe The era of judicial protection for abortion rights appears to ending. The Supreme Court is poised to uphold a Mississippi statute that prohibits most abortions after 15 weeks, and it is likely to do this by overruling Roe entirely. When this happens, many states will enforce draconian laws limiting access to […]
Boston Public Radio May 19th episode held a discussion of the consequences for the nation when abortion is outlawed. The guest was Jonathan Gruber, the Ford Professor of Economics at MIT. He was involved with the ACA and the Mass health insurance system. Getting right to it: Based on studies: Women who wanted an abortion […]
RJS, MarketWatch 666 Summary: Retail Sales Rose 0.9% in April after March Sales Revised 0.9% Higher Seasonally adjusted retail sales rose 0.9% in April, after retail sales March were revised 0.9% higher, while sales for February were revised a bit lower . . . the Advance Retail Sales Report for April (pdf) from the Census Bureau estimated […]
Not quite star wars yet. The past and old age of warfare is changing as we watch the conflict in the Ukraine between one ill equipped small defender and the more modern equipped large attacker. It is only because of NATO and the US equipping Ukraine has the stubborn resistance held up. The lessons to […]