Angry Bear

TPM has the Running Dialogue between Stone’s Attorneys and the Court – Update

Click on the link and scroll down to the beginning “Roger Stone Is Sentenced” “Tierney Sneed is at the federal courthouse in DC.” Live Blogging I believe Judge Amy Berman Jackson is getting close to Sentencing Stone. Judge Amy Berman Jackson is back and starts off: “Unsurprisingly, I have a lot to say,” Judge Berman […]

How to roast the planet with good intentions: The Climate Equity Act

I have suggested (here and here) that idealism is leading progressives astray.  Unfortunately, climate policy offers many examples. Consider the Climate Equity Act of 2019.  The CEA was, I believe, the first concrete piece of legislation proposed as part of the Green New Deal.  Unfortunately, it illustrates several of the problems with progressive idealism.  The […]

Bronze ACA Plans are Terrible. Bronze plans are often the best Choice

Andrew Sprung writes about the ACA. I read him quite often as his posts are expert analysis of the ACA and healthcare.  Mostly recently this commentary was posted by Andrew on the benefits of getting a Bronze plan as opposed to a Gold plan if facing large out of pocket expenses (premiums + deductibles). “XPOSTFACTOID” […]

Bloomberg’s Plan for Reskilling America: The Quid without the Pro Quo

Bloomberg’s Plan for Reskilling America: The Quid without the Pro Quo The Intercept usefully preports Michael Bloomberg’s proposals for higher education, focusing on plans to upgrade workforce skills along the lines desired by employers.  Here’s the selection they excerpted that covers this, worth reading carefully: There’s a lot here that would be useful to businesses located […]

Suprise Billing To Be Resolved in February 2020 to be Enacted in 2022

I had wondered why the Senate (Schumer) had backed off on legislation controlling surprise billing. It turns out there is a House bill also and I am sure they are going back and forth on this. Recently, two bills have emerged in the House and one from the Senate. Medscape, “House Committees Advance Bills to […]

Weekly Indicators for February 10 – 14 at Seeking Alpha

by New Deal democrat Weekly Indicators for February 10 – 14 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha.Several of the coincident indicators that turned positive one week ago turned right back to negative this week. The bifurcation between the producer and consumer sides of the economy continues. As usual, clicking over […]

Review of Stuff Matters

by David Zetland (One handed economist) Mark Miodownik’s 2014 book is another in the most-welcome genre of “pop science” — a genre of books that explains scientific ideas in clear and comprehensible prose. Miodownik’s insights into the abundant materials surrounding us (glass, steel, plastic, etc.) really help you grasp the miracles that scientists, engineers, entrepreneurs and geeks have […]

Standing on the shoulders of cranks

Standing on the shoulders of cranks I use the term “crank” affectionately. The figure below is a valiant effort by Arthur O. Dahlberg to depict the “socio-economic process” as a network of troughs, pipes and valves. Even this elaborate contraption is confined to “the movement of the major social variables.” Dahlberg believed that his chart […]

The West “Weeps” for What It Has Sowed

At the Munich Security Conference the U.S. and its allies had no idea of how to handle China, a problem of their greed and stupidity. The West is divided, confused. What to do about Huawei? Really, what to do with China? So when Mike Pompeo…proclaimed…”we are winning,” the largely European audience was silent and worried […]

Real retail sales continue flat in January; production sector still in recession  

Real retail sales continue flat in January; production sector still in recession Retail sales increased nominally by +0.3% in January, while December was revised downward by -0.1%, for a net gain of +0.2%. Since consumer inflation increased by +0.4% during those two months, real retail sales were unchanged.  On a per capita basis, they declined […]

Engel Criticizes Trump On Soleimani Assassination

Engel Criticizes Trump On Soleimani Assassination Juan Cole reports that House Foreign Affairs Committee Chair, Eliot Engel (D-NY) has criticized the administration for its assassination of Iranian General Qasem Soleimani in response to a report fresh out of the DOD that said the attack was for past activities by Iran in attacking tankers and oil […]

Live-blogging the Fifteenth Amendment: February 9, 1869 (2) The Senate votes to reform the Electoral College

Live-blogging the Fifteenth Amendment: February 9, 1869 (2) The Senate votes to reform the Electoral College As I mentioned several days ago, the Senate endured a pair of marathon sessions on February 8 and 9, 1869, and considered a variety of subjects. Perhaps most breathtakingly, they discussed further amending the Constitution to ensure that the […]

The Gods of Davos Have Spoken

Despite protestations to the contrary, the Gods are not interested in any of its proclaimed stakeholders, be it labor, the environment, or climate change. As they did in 2007, they still sing the same old tired tunes, blindly pursuing profits at the expense of the health of the globe and of its citizens. In the […]

Andrew McCabe is not a Ham Sandwich

I am not a lawyer, but I think lawyers agree that grand juries are a pointless relic of the middle ages. There’s nothing to be done, because they are mentioned in the 5th amendment, but they are silly. Over here east of the English Channel they don’t exist. Decisions about possible indictments are made by […]

Doctor Surprise Billing

This doctor is a bit much; but, he gets a point across which I have been making also. The issue(s) Dr. ZDogg  is describing about what commercial healthcare insurance is doing, Medicare Advantage plans, hospitals, and now doctors are doing needs to be told over and over again. Schumer and the Senate have to release […]

Have we reached “full employment”? An update

Have we reached “full employment”? An update As an initial matter, this morning’s initial and continuing jobless claims report were positive as to all metrics by which I judge them. They are near the bottom of their recent ranges and/or are lower YoY (lower being good). I’ll add a graph once the info is available […]

Where is the puzzling growth in service jobs coming from?

Where is the puzzling growth in service jobs coming from? Continuing with my week of follow-up stories based on last Friday’s jobs report, I noted last Friday that there was a completely anomalous upwards revision of nearly 100,000 jobs in the last 8 months of 2019. This after a -500,000 decrease, based on full data, […]