Angry Bear

One More Con on Working People

Herr Trump, “If you are going to do it, then do it.” Quit threatening us with tariffs on the supply base that supplies us with goods. You are not going to pay for it. The government will not subsidize us. There has been nothing accomplished by all of this except for embarrassment. Do you know […]

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Treasury Sec. tries to Blame Biden and Plastics Industry Warns of Danger to Competitiveness

Will the lies ever stop? Today: Ernie Tedesch Director of Economics at Yale The Budget Lab. “Real manufacturing GDP (value-added) grew 1.3% over the 4Q ending 2024, and 2% annualized over the 8Q, neither of which are recessionary. Ernie said this in response to Treasury Secretary Bessent trying to shift blame away from Trump to […]

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The “Major Questions Doctrine” and the T—-p tariffs

 -by New Deal democrat The financial market thrill ride continues on. I considered writing up a post on bond yields this morning, but who knows where they will be at the close of markets this afternoon?!? So let me point out that the Roberts Supreme Court has created a legal doctrine under which the T—-p […]

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Blockbuster Deal Will Wipe Out $30 Billion in Medical Debt. Even Backers Say It’s Not Enough

Initially presented at KFF, “Blockbuster Deal Will Wipe Out $30 Billion in Medical Debt. Even Backers Say It’s Not Enough.” Yves Smith also features the same article at Naked Capitalism as of April 8. The discussion is over medical debt. The opinion offered by Yves is such that the buying up of medical debt is […]

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Health MA Plan Insurers’ big win

If you are not aware, each group bids on the area they will serve. CMS pays them a certain amount. What occurs is over-prescribing the condition of the patient and withholding care. In each case the group providing the car is paid. Both have been going for a long time. The last report detailed over […]

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Bunch of Graphs and Brief Conversation About the Burden of “Income Taxes”

It is difficult to believe Americans do not have a negative opinion about the 2017 income tax cut which as expected did not pay for itself. Instead, we have trillions in deficit which we will have to make up. The benefit went to the upper 1% and you can throw in the 5% also. Similar […]

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Daily T—-p tariff recession watch

As outlined in Monday’s report, NDd will cover the impact of a tariff caused recession in his daily reports. Daily T—-p tariff recession watch: no evidence of hard data deterioration to start  – by New Deal democrat Are the T—-p tariffs quickly putting the US into a recession?  As I wrote yesterday, there are two daily […]

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The end of IRS enforcement

Don’t like income taxes? Next year, don’t pay ‘em. Who’s gonna force you to? “DOGE is also in the process of essentially closing down the Tax Division at the Department of Justice. “Since the Tax Division is a statutory creation, it can’t literally be shuttered. As DOGE has done at numerous other offices and agencies, […]

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Clueless and Rich

I worked in Supply Chain a lifetime. Doing the planning, purchasing the materials, negotiating the pricing, negotiating the needs of manufacture in failing and growing economies, and being efficient in my planning of it. There were those of us doing what was necessary and those that talk about it. In this case, Krugman discusses who […]

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Hospital emergency departments face crisis

By law, everyone who arrives at emergency departments must be assessed and stabilized, regardless of their ability to pay. This makes EDs, the most expensive form of healthcare, a provider of last resort for the uninsured. Nationally, hospital EDs handle 120-140 million visits each year, and the number of hospital emergency departments is declining, with […]

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A Case to Watch

Following the breadcrumbs of how justice is achieved for one person . . . hopefully. Joyce Vance @ Civil Discourse Deporting an Innocent Man There is a case I want to write to you about tonight, a case that was decided last week but has gotten lost in the press of so much news on […]

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Second largest Automaker makes Dramatic move and Stops all US Car Imports

Imposing a tariff may not be the best idea. Forcing manufacture or assembly in the US may be a better idea. The idea is to bring manufacturing back to the US. And either of the former are not ideal. “World’s second largest automaker makes dramatic move as it stops all US car imports,” Daily Mail […]

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Is a T—-p Tariff recession starting?

Angry Bear will continue to present my fellow writer and acquaintance who I met at Pomo’s Pizzeria in Phoenix while he was on vacation. Great pizza, wine, and conversation. “Is a T—-p Tariff recession starting? My plan for real-time daily, weekly, and intramonth updates“  – by New Deal democrat Normally on the Monday after the […]

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Vaccine hesitancy’s #1 enabler backs measles shots

Gooz News: Vaccine hesitancy’s #1 enabler backs measles shots It would take an Arthur Miller to do full justice to the gothic plot twists in the two deaths from the widening measles outbreak in Texas. Both young girls belonged to a religious community that dresses in black and avoids seeking help from the health care […]

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Making America Great Again

I guess I should preface this with my thoughts. Would a sane man do something such as what Trump is doing? What would be the point of raising tariffs and crashing the economy? Business will recoup; but will citizens quickly? There are millions of citizens who do not have the $millions who may never recoup. […]

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Congress Could Stop Medicare Advantage Ripoff

Whenever I see the term “hard”-working Americans, I want to barf. In this case, the author appears to be talking about cuts to people using Medicaid. I do not believe anyone in their right mind would use Medicaid if they could pay for an overpriced ACA healthcare policy. Commercial Healthcare Insurance costs for the average […]

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Trump is worse than al Qaeda

A consequence of the 9/11 attacks was that the New York Stock Exchange and the NASDAQ were shut down for a week. “When trading resumed that week of September 17, 2001 . . . over the following five days, the Dow Jones average decreased more than 14%, the S&P 500 tumbled 11.6% and Nasdaq fell […]

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Impact of Chemicals

Contribution by R. J. Sigmund from his “environment, energy, & related news from the week ending April 5th.” Chemicals Shortly before we left Livingston County Michigan, there was a big exposé on the discovery and the amount of PFAS in the lakes and wells of the county. I have a rather lengthy piece on this […]

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