Pres. Tr__p is whining about the SCOTUS decision granting magazine columnist E. Jean Carroll her $5million suit against Tr__p. Tough breaks when one person assaults another and denigrates them also. “The Supreme Court’s ruling is wrong,” Trump posted on social media. “I will be asking for a Rehearing by the United States Supreme Court, IMMEDIATELY. This miscarriage […]

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 – by New Deal democrat It has been four years since the Fed started aggressively raising interest rates, causing mortgage rates to rise similarly. It has been over four years since home sales peaked, and also about four years since the median price of a new home peaked. Finally, it has also been four years […]

The post The housing market’s new suboptimal equilibrium: flat, flat, and flat appeared first on Angry Bear.

4 years and counting since the release of AI upon the public. The author (Paul) touches upon this initially than goes forward discussing things other than technology change. A welcome relief? I am not sure. The reader has to determine such. “AI’s ubiquity, its economic impact remains unclear. We don’t yet know what it will […]

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Beyond the Headlines: The Supreme Court’s Final Decisions” (two), Civil Discourse, Joyce Vance First one is ongoing and the second was decided. About a five-minute read with clear explanations and more detail on the site. – Bans on Semi-Automatic rifles? Are bans legal? In particular the AR-15 is being discussed. Some explanation and still a […]

The post What is Going on at SCOTUS? Attempted Ban on Semi-Automatics and Birthright Decision appeared first on Angry Bear.

Green Mountain College in Poultney VT closed in 2019 due to insufficient funds. Now, a traveling Pentecostal preacher from Florida has announced on Facebook (from Disneyland) that he’s gonna make it into a Christian fundamentalist college in the least religious state in the nation. The whiskey magnate Raj Bhakta bought the campus in 2020 and […]

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Taken from today’s SCOTUS Blog. The president thinks he is special and is entitled to second hearing by SCOTUS on the same issues.. President Jjackass is again attempting to have birthright overridden in SCOTUS; Trump wants court to rehear birthright citizenship case,” SCOTUSblog. “President Donald Trump announced that he would seek ‘to get the Supreme […]

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 – by New Deal democrat Let’s take our regular weekly look at jobless claims. In addition to being 1/2 of my “quick and dirty” forecasting system (the other 1/2 being stock prices), they have a 60 year history of being a good short leading indicator. [Later this morning we’ll get existing home sales, and I’ll […]

The post Jobles claims: the “low-hire, *no*-fire” regime continues, as the “Quick and Dirty” forecast model remains positive appeared first on Angry Bear.

As Lloyd says it, the real issue here are people and their habits of abusing the climate. These issues have been getting more and more serious as the years go by. And the people and their governments have been ignoring the coming threat of increasing heat. The attitude has been, we can fix it tomorrow. […]

The post “Having Air Conditioning Is Not a Climate Sin” appeared first on Angry Bear.

The U.S. abandoning NATO now doesn’t mean Europe will revert to a 1914 mindset; too many economic, cultural, and political threads have been sewn together in the post-WWII period for it to revert to that arrangement. But it is a distinctly American myopia to think Europe will stand pat, won’t evolve on its own as […]

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Tyler Cowen has a post up about recent developments in the U.S./Iran war. His post contains criticism of some not-so-smart and confused but unnamed others, and an attempt to win an argument with these unnamed opponents by questioning their credentials. I find this an unhelpful mode of argument. But he does ask an interesting question, […]

The post Yes, wars have consequences, and the war with Iran seems to have been a serious mistake. appeared first on Angry Bear.

I keep imaging a a bizarre format “lets make a deal” by Tr__p attempting to entice Iran to accept a cease-fire in what he calls a “deal.” No other president has offered up (so many) deals when he negotiates or legislates. Just to be clear. I am aware of Teddy Rosevelt’s Square Deal, then Franklin […]

The post Once Again It Appears Iran has Rejected the Three Doors Being Offered-Up in “Tr__P Making Deals” Proposal appeared first on Angry Bear.

 – by New Deal democrat Yesterday I looked at the economically weighted ISM manufacturing and services indexes, pointing out that they have shown a rebound this year. Today let’s take a brief look at the regional Fed manufacturing and services indexes. Below are the manufacturing and services indexes, averaged over the four Fed districts whose […]

The post Regional Fed surveys confirm manufacturing rebound: services, not so much appeared first on Angry Bear.

It has over 265 million active players. I did not play soccer. My sons and daughter did. I did get a “D” license and went on to referee classes. The Soccer Coach at University of Wisconsin ran the classes. Since I was working for Oscar Mayer at the time, I got the bun length hot […]

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This is not new news. It goes back for years. Medicare Advantage costs more than Medicare. Much of this is due to price setting. Advantage plans will receive overpayments of approximately $76 billion Center for American Progress above what the same care would cost in traditional FFS Medicare. This is nothing new. It has been […]

The post The V28 Model Balances the Differences Between Medicare Advantage and Traditional Medicare Plans appeared first on Angry Bear.

“In 2017, Roy Moore was accused of sexual misconduct with teenage girls, including one who was fourteen at the time of the alleged assault. Nine women came forward. The reporting was extensive and documented. The Republican Party of Alabama endorsed him anyway. The President of the United States endorsed him. He lost by less than […]

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– by New Deal democrat There’s no important new economic news today, so let’s take a somewhat deeper dive into last Thursday’s employment report for June. To cut to the chase, this is of a piece of my “Big Picture” narrative from Friday in which I wrote that most of the signals suggest and economy coming […]

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Dean is discussing Fees being charged to people. On the other side is insurance costs. Car insurance took a jump this year and we barely drive 5000 miles a year. Homeowner’s insurance is another cost. If you have less than a 20% down mortgage? More likely than not, there will be a mortgage insurance tied […]

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“How Invisible Capital Gains Drive Extreme U.S. Wealth Concentration: Evidence from Balance-Sheet-Complete Haig-Simons Accounting” Steve Roth @ Wealth Economics A dominant economic fact of the past half century is the extreme and increasing concentration of U.S. wealth into the hands of ever-fewer people, families, and dynasties, and the corporations (including banks, insurers, major media companies, […]

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My postdoc mentor used to say “We don’t compare ourselves to the worst, we compare ourselves to the best.” Does that aphorism apply in politics? “POLITICO REPORTED ON MONDAY AFTERNOON that Graham Platner’s ex-girlfriend said he “forced her to have sex with him nearly five years ago despite her repeated objections.” Immediately after the story […]

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“Guns don’t kill people. People kill people.” Well no shit, Sherlock. We want mandatory safety classes for people, not guns. We want more background checks of people, not guns. We want stricter negligence penalties imposed on people, not guns. If you’re stupid enough to think activists are pissed off at guns, you’re too stupid to […]

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