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

Goats and Dogs, Eco-Fascism and Liberal Taboos

When remembered at all, Edward Abbey is mostly thought of as an environmentalist and anarchist but there is no gainsaying the racism and xenophobia on display in his 1983 essay, “Immigration and Liberal Taboos.” The opinion piece was originally solicited by the New York Times, which ultimately declined to publish it — or to pay […]

Grinding Old Axes

This post is self therapy and probably not worth your time. Outline before the Jump 1) Hillary Clinton is very honest. Too honest 2) Mitt Romney is extremely dishonest. He lies often and without shame. Also he made his money conning ex friends. 3) John McCain was a major flip-flopper 4) John Kerry is much […]

Another Nail in the Coffin of Democracy and Journalism

Commom Dreams, Jake Johnson, August 6th, GateHouse Media announced it will purchase Gannett (USA Today, Detroit Free Press, Indianapolis Star, and other major American newspapers). GateHouse Media publishes 144 daily newspapers, 684 community publications, and over 569 local-market websites in 38 states. If approved the result will be a $1.4 billion news conglomerate. Common Cause […]

Q2 Credit conditions were decidedly mixed

by New Deal democrat Q2 Credit conditions were decidedly mixed Credit conditions are one of my categories of long leading indicators. I track the Chicago indexes weekly, but the more comprehensive Senior Loan Officer Survey only comes out once per quarter. The 2nd Quarter Survey was published earlier this week. I have a post describing […]

Notes on the June JOLTS report: weakness but no imminent downturn

Notes on the June JOLTS report: weakness but no imminent downturn I’m still on vacation, so continue to expect light posting. But I thought I’d take a look at the one piece of data that came out this week, the June JOLTS report. First of all, the “hiring leads firing” mantra continues to be true: […]

“4 out of 5 mass Shooters Were Not Diagnosed with Mental Iillness,

half showed no signs of a prior, undiagnosed illness.” Sen. Chris Murphy (D-CT), and plainly speaking, they were not mentally ill. Yesterday on Monday morning; President Trump: “Mental illness and hatred pulls the trigger, not the gun. We must reform our mental health laws to better identify mentally disturbed individuals who may commit acts of […]