I do not know why Tr__p wanted to go alone with this. Other countries did not want to be a part of this. The country of Oman has been acting as a go between for the United States and Iran. He couldn’t wait, I guess? NPR: “Oman has played a relatively low-profile role since the […]

The post Dumb Ass Starts a War and then Wants to get out of It appeared first on Angry Bear.

“President Donald Trump has declared the Strait of Hormuz as US territory in a new post on Truth Social. “Sharing a bizarre map of the region with a large blue circle over Hormuz, the picture declared the vital shipping route as “US territory”.” Putin just needs to grab a map, draw a circle around Ukraine […]

The post Putin is doing it wrong appeared first on Angry Bear.

In June of this year, Prof. Paul Krugman had an article on his site (which I subscribe to) “Social Security is Facing a Political Crisis.” What I like about the title is, he gets it right. Social Security is facing a political issue rather than an economic issue. Yes, I agree the problem is similar […]

The post Social Security Faces a Political Crisis – Some Thoughts appeared first on Angry Bear.

“Polling & Research Needs About Medicare,” J.P. McJefferson Thoughts A recent article and discussion on Medicare For All on Angry Bear, prompted my curiosity on this subject. See: “‘Monetizing Medicare for All,’ Angry Bear, J.P. McJefferson” The political debate over Medicare for All has been going on for years. Proposals to expand Medicare to everyone, lower […]

The post What About Medicare . . . appeared first on Angry Bear.

Whisky Pete Hegseth is bleating about testosterone testing and supplementation for US servicemen. He seems to believe that testosterone augmentation means a more effective military in the age of missiles and drones. But is testosterone doping an unalloyed good? “This is what we’re seeing in clinic,” she says. “Men will come to see us with […]

The post Better living through chemistry? appeared first on Angry Bear.

A bit of Robert Reich for you today. Not economics. Robert complains about Tr__p’s appointments to his administration. His being Tr__p’s . . . just in case you are confused. I do not blame him for the complaint. Far better people exist that Tr__p could put in office. But as we know, Tr__p is looking […]

The post “Criminals in Control” Robert’s Complaint appeared first on Angry Bear.

Snipetsof information from two sources sites which may bring you up to date on status. The news is confusing with Tr__p saying one think and every source elsewhere saying something else and or different. I would not dependent upon our administrational information. Much is either embellished or wrong (call it what you will). If you […]

The post Oil Logistics Information appeared first on Angry Bear.

 – by New Deal democrat You probably recall that a number of months ago T—-p decided that, Pearl Harbor notwithstanding, it was time to bring back battleships in a new class not coincidentally to be named after himself. Now this weekend we have been treated to the news that T—-p had decided he is an expert […]

The post Admiral of the Fleet T—-p, meet Admiral of the Fleet Wilhelm II appeared first on Angry Bear.

 – by New Deal democrat I wrote last month in my summary of that existing home sales report: “The housing market has reached a new, suboptimal equilibrium in sales, construction, prices, and inventory. Until some new positive or negative shock occurs (like a surprise new Fed hiking regimen), expect little change in this important leading sector of […]

The post In July, the existing home market remained in its suboptimal equilibrium appeared first on Angry Bear.

Trump recently claimed that he would make the Strait of Hormuz American territory. Claiming sovereignty over someplace means more that just writing your name on a map with a sharpie. “Western powers have attempted to control the Strait of Hormuz before. Basically, however, they only held it at Iranian sufferance. When, as in 1622, the […]

The post Strait talk appeared first on Angry Bear.

If everyone always lies to you, the consequence is not that you believe the lies, but that no one believes anything at all anymore—and rightly so, because lies, by their very nature, nave to be changed, to be “re-lied,” so to speak. So a lying government which pursues different goals at different times has constantly […]

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

CBO and others say differently . . . The Congressional Budget Office (CBO) estimates the OBBBA increases the budget deficit by $2.8 trillion by 2034 and causes 10.9 million Americans to lose health insurance coverage. A further CBO analysis estimated the highest 10% of earners would see incomes rise by 2.7% by 2034 mainly due to tax cuts. The lowest […]

The post  Trump Says the US Economy is Doing Unbelievably Well appeared first on Angry Bear.

Weekly Indicator for August 10 – 14 is up at Seeking Alpha  – by New Deal democrat An Inflationary Expansion, Beware the Bearish Steepening of Bond Yields Seeking Alpha. It is surprising how large a majority of the high frequency data is positive, despite all of the chaos that has been thrown at the economy. Still, […]

The post New Deal democrats’ Weekly Indicators for August 10 – 14 appeared first on Angry Bear.

Governments tax labor at much higher rates than capital for what used to be good reasons: labor is less mobile, making such taxes easier to collect, and capital investments tend to boost human productivity and wages, meaning that taxes on labor indirectly capture the upside from capital spending. But if machines start to replace humans […]

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

I have not run into an issue (as described below) where I have had to wait on an approval. Recently? Twice I have been hospitalized at a non-VA hospital. They took me right in. Maybe it was because I was using my VA benefits. They have become more friendly since I filed due to exposure […]

The post Prior Authorization from Insurance for Healthcare appeared first on Angry Bear.

When my dad was a Naval officer in the 1950s, he was part of the team that designed and built the USS Saratoga, an aircraft carrier. I remember him explaining to me in excited detail about the arresting gear, the device that stopped a landing jet. He spent most of his career as a chemical […]

The post Trump and the aircraft carrier aesthetic appeared first on Angry Bear.

July retail sales lay an egg; a hangover after a spring Budget Bust-out Bill binge?”  – by New Deal democrat Let me start out this post with two comments: (1) real retail sales is one of my favorite economic indicators, because it tells us so much about consumer spending, which is about 70% of the […]

The post July Retail Sales Lay an Egg appeared first on Angry Bear.

Businesses fail all the time in America. The owners and investors pay the price (yes, the employees too). But if the businesses are large banks that gamble with other peoples’ money, they become too big to fail and instead are bailed out by the government, a form of financial socialized medicine. “. . . the […]

The post Will AI be too big to fail? appeared first on Angry Bear.

But, but, but Biden was too old. Not Tr__p! Trump is a solipsist. The only point of reference is himself, so he makes no attempt even at faking interest in other people, since he can not really see them from his self-centered position. “Trump isn’t a narcissist – he’s a solipsist. And it means a […]

The post The Rise and Fall of . . . appeared first on Angry Bear.

When a columnist writes that Trump has reached a new low, the columnist is doing something that looks like moral reporting and is not. The columnist is administering the fiction that the object has an interior. The fiction says: somewhere, in there, is a person who could have chosen otherwise, and today he did not, […]

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