People keep asking about when will Biden fire trump appointee Louis DeJoy? President Biden can not fire Dejoy. Federal law prevents the president from terminating the postmaster general under any circumstances. The nine-member board of governors nominated by the president and confirmed by the Senate has the power to do so. Only five members of […]
Is there an honest newspaper, magazine, etc. that people will read? People do not read any more. They will listen to some pundit on TV telling them how bad they have it. No gasoline lines to wait in, so you can’t complaint about that. Your drive-in maybe took 20 minutes to get that burger, you […]
RJS, Focus on Fracking, Summary; US natural gas prices hit 13 year high on falling production, falling inventories Oil prices ended the week lower for the fourth time out of the last five weeks, as the IEA countries joined the US in an unprecedented release of emergency oil reserves . . . after falling 12.8% […]
Under the guise of “protecting” citizens, the Texas legislature, instead of having the gas companies eat their losses from Winter Storm Uri last year, have floated a $3.4 billion bond package to have the taxpayers fund it. The sales pitch is that the gas companies, three large and a smattering of smaller operators get made […]
Asymmetric Whining This is not news, but yet again we see the old phenomenon of people whining a lot when something gets worse but then saying nothing when it gets better. The latest example of that involves gasoline prices. They were rising and got into the range of near-real highs seen in times like 2008, […]
RJS, MarketWatch 666, Summary: US Trade Deficit Virtually Unchanged in February, Near Record High US trade deficit ticked lower February, as both our exports and imports increased, but the value of our exports rose slightly more than the value of our imports did . . . the Commerce Department report on our international trade in goods […]
The current situation is that Russia has abandoned the effort to capture Kiev. Russian forces have been withdrawn from North Central Ukraine and are now operating on an arc from Kharkiv (North East) to Kherson (South Central). So far, Ukraine has won amazing victories and Russia has suffered astonishing defeats. The extreme surprise suggests that […]
In the Paul Krugman vs. Nate Silver cage match, I’m on Team Nate Prof. Paul Krugman and Nate Silver got into a dust-up earlier this week about why so many voters seem to have soured on the Democrats. So that you don’t have to go digging through all the Twitter detritus, Alternet has a good write-up copying all […]
The Obsolescence of Nostalgia As the crow flies, it is around 200 kilometers from Michilimakinac, where Kandiaronk’s Wyandot people settled in 1671, when he was around twenty years old, to Tehkummah on Manitoulin Island where Isabel Paterson was born 215 years later. It gets even cozier because the Wyandot had been displaced from the south shore […]