Angry Bear

Schools in One Virginia County to Reinstate Confederate Names

Schools in One Virginia County to Reinstate Confederate Names, The New York Times, Kareem Abdul-Jabbar substack SUMMARY: After a meeting that lasted for hours, the Shenandoah County school board voted early Friday morning to restore the names of three Confederate officers to schools in the district. With the vote, the district appears to be the first […]

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Massive chain of crumbling safety-net hospitals described as a “Ponzi scheme

I was going to finish this up two days ago. Except I got sick and was sweating for two nights in a roll. And slept most of the first day and some of today. I had been fighting this for a about 5 days and then it came om stronger. Today, I feel I am […]

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Overall and core Consumer Price Index (CPI) both increased by 0.4 percent in March

It appears rent, transportation, and medical care services are the culprits holding up a decrease in inflation. Medicare does not surprise me at all. Harvard School of Health blames the rise of prices on administrative expenses, corporate greed and price gouging, and higher utilization of costly medical technology. What to Look for in the April […]

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Generic Drugs Antitrust Case

Pharma companies providing pharmaceuticals exclusive to them have vast amounts of control in availability and or pricing. Either can result in increased costs to the patient. Economist Timothy Taylor reviews one particular instance with Teva Pharmaceuticals. Collaboration with other companies to control pricing appears to be Teva’s Director of Strategic Customer Marketing Nisha Patel’s strong […]

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Mother’s Day actually started in the 1870s

by Professor Heather Cox-Richarson Letters from an American If you google the history of Mother’s Day, the internet will tell you that Mother’s Day began in 1908 when Anna Jarvis decided to honor her mother. But “Mothers’ Day”—with the apostrophe not in the singular spot, but in the plural—actually started in the 1870s, when the […]

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Gerald “Digger” Moravek was a rancher, an early environmentalist, and a dog killer.  Just like Kristi Noem, but not.

In the summer of 1984, I lived on the ranch of Gerald “Digger” Moravek, just outside Sheridan, Wyoming.  Like many of the ranchers who banded together to establish the Powder River Basin Resource Council, where I was working, Digger was drawn to environmentalism partly for self-interested reasons:  in the early 1970s a coal company was […]

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They are Anti-War, Stupid

Reuters says the students are protesting the war in Palestine.  The students say that they are protesting the war — the killing of innocents.  Still and yet, the U.S. media doesn’t get it — says that the protesters are pro-Palestian, or anti-Semitic.  Seems it is about the narrative. To be clear. Netanyahu and ultra-orthodox Jews […]

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The Old Man and the E.R.

The old man knew what it was. At first, he hoped to wait until tomorrow. That wasn’t meant to be. He had to go now, and his regular Doctor was too far away; especially at the time of day. The nearest Emergency Room (E.R.) it was. By this time, he could barely walk, but felt […]

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Weekly Indicators May 6 – 10 by New Deal democrat

Weekly Indicators for May 6 – 10 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The majority of short leading and coincident indicators continue to show strength rather than weakness. This week it was commodity prices’ turn to show that the global economy is getting stronger. As […]

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A Bit of History by a Friend from Slate’s “The Fray”

Queen Claude and Anne Boleyn by Claude Scales self absorbed boomer In my post about the global art market I noted that my given name, Claude, is gender neutral in French. Today, thanks to Tina Brown’s review of Hunting the Falcon: Henry VIII, Anne Boleyn and the Marriage that Shook Europe, by John Guy and Julia Fox, I know there was a Queen Claude […]

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Oil industry is Writing Executive Orders for Trump to Sign

In preparation for a renewed reign of the insurrectionist, energy sources and their associations are writing up executive orders to reverse much of what Pres. Joe Biden has done over 4 years. If you recall, the same was done after Barack Obama left the presidency. Many or most of Obama’s initiatives were reversed by an […]

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2024 SOCIAL SECURITY REPORT IS OUT THE MEDIA MISS THE POINT

The 2024 Social Security Trustees Report came out on Monday, May 6. You can find dozens of press reports and other commentary online, most of which are written by people who actually know nothing about Social Security except what they read in the papers. Some are written by people who do know what they are […]

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The Household Survey isn’t the only data series sending up caution flares

 – by New Deal democrat I’ve written two posts earlier this week delving into the big divergence between the Establishment Survey portion of the Employment Report, which shows moderate growth, and the Household Survey, which is most consistent with a recession already having started. At any given time, some data will be positive and some […]

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Is China eating our EV lunch?

We are not the typical American car buyers. In 40 years, my wife and I have owned exactly five cars, two of which we still drive: one is 21 years old and just ticked over 100K miles, while the other is 10 years old and will soon hit 50K. But who knows how much longer […]

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Republican U.S. States Sue EPA over Strict Power Plant Emission Rules

US Republican attorneys general sue to stop EPA’s carbon rule, Reuters Republican attorneys general from 27 U.S. states and industry trade groups sued the Environmental Protection Agency or EPA on Thursday. They seek to block an EPA landmark rule requiring sweeping reductions in carbon emissions from existing coal-fired power plants and new natural gas plants. […]

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Clawback of money looted by Cerberus, de la Torre, and MPT from Steward Health Care

The third and best source of funds would be a clawback of money looted by Cerberus, de la Torre, and MPT, based on a prosecution for fraudulent conveyance, misrepresentation to shareholders, and other possible criminal charges. As a settlement, restitution would have to be paid to the hospitals, under new ownership. That may yet come, […]

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Initial claims jolted awake from snooze-fest by highest number in almost nine months

Initial claims jolted awake from snooze-fest by highest number in almost nine months  – by New Deal democrat After several months of snoozing at almost identical weekly levels, initial jobless claims awoke with a bit of a jolt this week, increasing by 22,000 to 231,000, the highest weekly number since last August. The four week […]

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An Erroneous Supply Chain Argument

“Silly” Arizona House Representative Republican Justin Wilmeth is making an argument for lower gasoline, etc. prices to Arizona. Justin traveled to California to ask for no cap on fuel prices at a California refinery (Arizona has no refinery). As if he does not have enough to do in AZ? Not sure what makes him think, […]

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