Angry Bear

Quote of the day

The data center conversation is a proxy for corruption. You know, people see that there is a deep integration between these big billion dollar tech companies and the Trump administration, and they don’t like it, and the proliferation of data centers is a sign to people that the only thing that matters in this administration […]

The post Quote of the day appeared first on Angry Bear.

Another Reason I Hate the Democratic Party

The DSCC sent this text out earlier today: The Selected Six Turek is in a close race; basically a dead heat. Peltola (whose signs were the only ones I saw in Ketchikan during the primary season), Jackson, and Talarico all lead by about three points–though Talarico’s race is much tighter with likely voters. Jackson is […]

The post Another Reason I Hate the Democratic Party appeared first on Angry Bear.

Meddling or Reality?

I always read New Deal democrats daily reports on the economic state of the United States. In this report, it appears the numbers have changed from earlier this year. Further on down, he sums the issue up on what he has seen all year: “real spending continued higher and was expansionary while real income declined […]

The post Meddling or Reality? appeared first on Angry Bear.

College sports turn pro

I’ve never been a fan of pro sports or college sports. It’s pretty obvious that college sports have become a farm system for pro sports, and that college players have been exploited to subsidize a revenue stream (both direct income and alumni philanthropy) for colleges. “College sports have been reeling in the wake of the […]

The post College sports turn pro appeared first on Angry Bear.

Repeat home sales price indexes continue recent trend of increasing YoY

– by New Deal democrat The current economic cycle has not just, as I explained yesterday, busted the infallibility of the inverted yield curve as an indicator, it has also blown up Prof. Edward Leamer’s theory “housing *is* the economic cycle.” But while no metric is perfect, it remains the case that housing is an […]

The post Repeat home sales price indexes continue recent trend of increasing YoY appeared first on Angry Bear.

ACA Healthcare Insurance Fraud? Not Likely

Charles Gaba is addressing fraud in the ACA healthcare program. Fraud meaning false claims, not being eligible, fake income, etc. You name it, probably this has been done in some manner. But is it a problem? This time the isue is: “35% of the people have never used their ACA (Obamacare accounts). I can understand […]

The post ACA Healthcare Insurance Fraud? Not Likely appeared first on Angry Bear.

Quote of the day

My concern with AI companies’ current attempts to mitigate misalignment is that these efforts may only hide it, by rewarding and selecting the AIs that cheat without getting caught. We should certainly continue research toward better monitoring of AIs’ actions, their chains of thought, and the activity inside their networks. But as capabilities grow, those […]

The post Quote of the day appeared first on Angry Bear.

Buckley, a book review

I’ll admit up front that I’ve always considered William F. Buckley Jr a pretentious gasbag. I recently finished reading “Buckley: The life and the revolution that changed America” by Sam Tanenhaus. I found little in this long and detailed biography to change my mind. Don’t get me wrong: I enjoyed this book. And I learned […]

The post Buckley, a book review appeared first on Angry Bear.

August JOLTS report shows a labor market stabilized in a sideways low hire, low fire trend

 – by New Deal democrat This morning’s other economic report was the JOLTS labor market report for August. This parses turnover in the market by hires, layoffs, and quits, among other things. It is a minor indicator, but let’s take a look. The first graph below shows the “soft statistic” of job openings (blue), actual […]

The post August JOLTS report shows a labor market stabilized in a sideways low hire, low fire trend appeared first on Angry Bear.

“Wolf Age”

– Book Review by The one-handed economist This 2018 book by Norwegian Tore Skeie tells the history of the “Vikings” (a 19th century word for a group of people who did not identify with each other; its older use was as a verb: “to vik” meaning to raid) around 1000CE. It’s based primarily on the […]

The post “Wolf Age” appeared first on Angry Bear.

The demographics of vilification

I’m not a fan of using social safety nets as a tool to flog the less fortunate. But I’ve always known that attacking social programs is a dog whistle for racism. Looks like nobody told Sarah Huckabee Sanders. “Media commentators in the MAGA movement shredded Arkansas Gov. Sarah Huckabee Sanders on Monday over a new […]

The post The demographics of vilification appeared first on Angry Bear.

Pages