Angry Bear

The costs of stalemate in Ukraine

Apparently the administration is letting Ukraine hit military targets in Russia, though still with some restrictions.  This is way overdue.  It seems clear that Russia under Putin is an expansionist power.  Only a decisive defeat will prevent brutal ethnic cleansing in Ukraine.  Defeat may also lead Putin to refrain from further aggression against his neighbors, […]

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Trump met with a New York City probation officer

As the title says Trump met with a Court Probation Officer. A first for a president. The Probation Officer will assess him for resources, mental health, and criminal record. Trump’s attitude will play a part in this also. Hopefully. his attorney advises him to shut up. Which if he is smart, he will take the […]

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If the consumer has nowhere else to go, they’ll pay whatever price is available.

A long and interesting read. And yes on paying the price. Article by David and Lindsay on what is happening today with increasing pricing across the economy. You can experience it in just about every part of the economy. Further on down this article the authors say, this is more about pricing than supply chain. […]

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US Oil Dealing Adds to Energy Dept. Coffers

WSJ. President Biden’s unprecedented release of oil from the U.S. petroleum reserves in 2022 turned the White House into an unusually active player in the volatile crude market. The flood of emergency supplies helped arrest surging oil prices after Russia invaded Ukraine and pulled billions of dollars into the Energy Department’s coffers in the process. Oil […]

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What would adjusting the Household jobs Survey for immigration driven population growth do?

 – by New Deal democrat This is a continuation of my post from yesterday discussing the large divergences between the Household and Establishment jobs surveys. A big current issue with the Household Survey is whether, by relying on Census estimates, it has substantially underestimated population growth, and in particular immigration-driven growth, in the past two […]

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A new dawn for nuclear power?

I grew up in Oak Ridge TN, the “atomic city.” It was where the uranium was enriched for the Hiroshima bomb. After the war, uranium enrichment found peaceful application in nuclear power plants. Many of the kids I knew growing up had dads who worked at one of the plants–X-10, Y-12, K-25–that researched and developed […]

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Baltimore Bridge Reopens

It appears the wreckage from the bridge has been cleared away. This will allow container ships, etc. to use the channel in greater capacity to the port. However, getting across the bay will still take time as other routes will need to be taken by cars and trucks. I am sure there are a few […]

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Is your Big SUV Really Safe?

If you are driving a big behemoth SUV thinking you are safer, maybe you should think about another vehicle. Here are some results. Logan Carter at Jalopnik gives us the break down. It is picked up in Quartz Business News. The Insurance Institute for Highway Safety (IIHS) just released new crash test results for three full-size, three-row SUVs. The Ford […]

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A Conversation with Justice Sam Alito

Some background on Joyce Vance: Presently: Law Prof, MSNBC/NBC Legal Analyst, Podcaster Previously: US Atty, Fed’l prosecutor Always: Wife, Mom, Dogs, Cats & Chickens, Knitting One has to wonder if Justice Sam Alito ever learned to shut up and not discuss what he believes in or his thoughts on the court. He gives all the wrong answers […]

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The recessionary Household Jobs Survey is not confirmed by other comprehensive hard data

 – by New Deal democrat As per usual, the Monday after jobs report Friday does not update any significant data. So let me return to the deep divergence between the Household and Establishment Surveys in the jobs report. With Friday’s data for May, the two have now diverged 1.9% over the past year, adjusted for […]

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Alexander Vindman: America’s Laocoön?

In her book “The March of Folly,” Barbara Tuchman uses the myth of Laocoön as her first example of folly. The Greek’s ignored Laocoön’s warning not to admit the Trojan horse. That didn’t end well for the Greeks. Ignoring Laocoön was folly. In his recent substack essay, The Coming Alliance Between Billionaires, Tech Giants, and […]

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FTC Rule Bans Business Noncompetes

I was never faced with a company rule or contract limiting me to work for a competitor or blocking me from using my knowledge to start a business. I did have proprietary knowledge on certain things. It just never dawned on me to use such. Something called being ethical and maintaining a good reputation. At […]

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