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

Remdesivir II

This is, in fact, another post on Coronavirus, but it will take me a while to get to the point. To put the conclusion here, I think that it is important to get the FDA out of the way (by executive order if necessary). The Food and Drug Act, as currently interpreted, requires the assumption […]

CORONA VIRUS AND SOCIAL SECURITY, ANOTHER GRAND BARGAIN?

by Dale Coberly; CORONA VIRUS AND SOCIAL SECURITY, ANOTHER GRAND BARGAIN? Republicans are showing what they are made of. After claiming that the Corona Virus was not serious, or was well contained, or was Democrat fake news; they are now admitting it is serious and calling it a Chinese virus. Fox News explained to a reporter […]

In the quaint, pre-coronavirus world of February, the economy was already very weak

In the quaint, pre-coronavirus world of February, the economy was already very weak I have a post up at Seeking Alpha, taking a look at this morning’s retail sales and industrial production reports for February, and briefly considering their implications for employment in the coming months, even before the impact of coronavirus. Here’s a graph that […]

SCOTUS and the Federal Courts

This is a copy and paste of Dahlia and Mark’s excellent critique of what is happening at SCOTUS and the Federal Court System under Justice Chief Justice John Roberts’ tutelage, McConnell loading the courts with patronage, and Trump’s whatever. I have seen some condemn the verbiage of Senator Schumer calling out Justices Kavanaugh and Gorsuch […]

To Slow Spread Of Coronovirus, End Iran Sanctions

To Slow Spread Of Coronovirus, End Iran Sanctions On 3/13/20 in Foreign Policy Focus, Ariel Gold and Medea Benjamin argue that to improve the global coronavirus problem, sanctions on Iran should be lifted, quite aside from the fact they should never have been imposed in the first place as Iran was adhering to the JCPOA nuclear deal. […]

Shelter in place

The San Francisco Chronicle reports “shelter in place” restrictions.  My daughter lives in Santa Clara county, where schools are closed till April 13. Six Bay Area counties announced a “shelter in place” order for all residents on Monday — the strictest measure of its kind in the country — directing everyone to stay inside their […]

Reporting from Germany: “Welt am Sonntag”

Welt am Sonntag is reporting our honorable President is attempting to bribe lure a German company CureVac to develop a vaccine  to be used only in the US. Germany’s Health Ministry confirmed a report in the newspaper “Welt am Sonntag”, which said President Donald Trump had offered bribes funds to lure the German company CureVac […]

Europe’s Response to Coronavirus and the Implications for the U.S.

Europe’s Response to Coronavirus and the Implications for the U.S. As I listened to the morning news about the coronavirus crisis, I was reminded of this critique of the Eurozone: In a recent conference, the distinguished economist Paul Krugman repeated the oft-heard critique that the eurozone is not an optimal currency area. Waltraud Schelkle disagrees with […]