Andy Borowitz, The Borowitz Report, COPENHAGEN: After rebuffing Donald J. Trump’s hypothetical proposal to purchase Greenland, the government of Denmark has announced that it would be interested in buying the United States instead. “As we have stated, Greenland is not for sale,” a spokesperson for the Danish government said on Friday. “We have noted, however, […]
Sorry to bring garbage from twitter over here, but this will take more than 280 characters. Recently, there has been a lot of discussion including the neologism “Antifa”. In particular, Trump has threatened to declare Antifa an “organization of terror” following senators Cruz and Cassidy direction in a nonbinding resolution. This is crazy. Trump, in […]
I wrote a post with this title which is poor, solitary, nasty, and long over at Robert’s stochastic thoughts. the bottom line is I say Friedman was always a Keynesian except for his insistence that the effect of the nominal interest rate on money demand is more or less pretty much negligible. This means that […]
Many of the photos were taken before water and air pollution were fully regulated. The Clean Air Act was passed in 1970, and the Clean Water Act was passed in 1972. Baltimore, Birmingham, Cleveland, Delaware, Denver, Kansas, Los Angeles, New Orleans, New Jersey, New York, Philadelphia, Pittsburgh, and San Francisco all feature here, in shots filled […]
by New Deal democrat Weekly Indicators for August 12 – 16 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The data continues to be dominated by a steep decline in long term interest rates. These have both inverted further portions of the yield curve and reinvigorated the housing market. As usual, clicking […]
Positive July housing permits and starts The housing starts and permits report this morning for July adds to the positive data looking forward to H2 2020 (or, possibly, less bad – but that’s another discussion). First, here are overall permits (red) and starts (blue): While the very volatile starts declined, the slightly more forward looking […]
Both Amazon and Fed ex have embarked on plans to deliver their own “last mile” package delivery previously contracted with the US Post Office. Here is a link to run75441 (postmaster Mark Jamison’s) piece on this process Fake News, Flawed Analysis, and Bogus Tweets from 2018 for a much more complete description. I have pulled […]
What is going on lately in the nation. Maybe you do not read it, but these authors/cartoonists can depict each of today’s issues in one image. Immigration, CEO Pay, Guns, and Retirement Click on each image to enlarge.
Industrial production, jobless claims, and retail sales As I noted this morning, a slew of important data was released. Let me deal with the “normal” weekly and monthly data in this post. First, industrial production continues to languish, down significantly from the end of last year, whether measured in total or just as to manufacturing: […]
From treehuggers, “Home Remedies,” Melissa Breyer, August 12, 2019 Treehugger publication was also a part of Slate’s “Green Challenge” which Slate started publishing in conjunction with treehugger.org. a decade plus few years or so ago. Chicken Soup for a Cold? Toronto-based dietitian and Director of Food and Nutrition at Medcan, Leslie Beck: “There is no […]