As if we did not have enough issues with the commercial healthcare insurance industry attempting to supplant single payer Medicare (minus setting hospital budgets, doctor fees, and pharmaceutical costs to the consumer) and the VA with commercial healthcare insurance and/or Medicare Advantage and ACOs? Commercial Healthcare Insurance and Medicare Advantage are “not” the equivalent of […] The post Little Good can Come from Private Equity in the Healthcare Industry appeared first on Angry Bear. [Read More...]
Schmuck!
SOURCE: Funny Economist – Randall Parker’s Completely Serious Macroeconomics Blog – Read entire story here.
Brace yourself for the surge in deaths
Coronavirus dashboard for July 21: brace yourself for the surge in deaths I have been warning since late June that the situation would likely look very different by the end of July. By ;2 weeks ago, I wrote: “In the near future, there appears to be bad news and *relatively* “good” news for the US. The […] The post Brace yourself for the surge in deaths appeared first on Angry Bear. [Read More...]
Schmuck too!
Who would say something like that except for some nasty old gink? [Read More...]
Distraction*
So … . What was the House Un-American Activities Committee (1945-1975, with a few interesting precursors) really all about? Looking back through the lens of history, it was much about distracting the Nation’s attention from the racist atrocities being committed in southern states. Still today, all a red state Republican politician needs do is yell, […] The post Distraction* appeared first on Angry Bear. [Read More...]
Fun with Bernie ….if there is such a thing with a Marxist mental midget…
What is scary is that he actually believes the Marxist filth that comes out of his pie hole. As Brett Stephens has said, the young people who support him are too young to remember what socialism did. The older folks who support him are too stupid to understand what it does.”Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.” Winston ChurchillCount me out. [Read More...]
Industrial production slightly positive overall, but with negative revisions
Industrial production slightly positive overall, but with negative revisions Industrial production is the King of Coincident Indicators. It is the single datum that most frequently coincides with the NBER determination of the beginning and end of recessions. Production increased 0.4% in June, but May’s result was reduced by -0.2%. The manufacturing component declined less than […] The post Industrial production slightly positive overall, but with negative revisions appeared first on Angry Bear. [Read More...]
This is the problem here in NC…a Tranny in the bathroom.
SOURCE: Funny Economist – Randall Parker’s Completely Serious Macroeconomics Blog – Read entire story here.
The Rules, Part LXX
Picture Credit: Infoletta Hambach || I suppose Euros are manna from somewhere, though not Heaven. After all, they appear out of nowhere [ECB], and there is no guarantee that any government will receive them in the long run. “The lure of free money brings out the worst economic behavior in people.”David Merkel, often said at Aleph Blog Where is there “free” or at least “inexpensive” money? Jobs that are overly compensated compared to the skills needed.Demanding that the government give free money to people.Constraining interest rates to be low.Various “one decision” investment ideas.The prices of houses only go up.The government bails out bad investments.Various investments involving derivatives where one is implicitly short volatility I started … [Read More...]
The Vaccination/Infection/Political Divergence Where I Am
The Vaccination/Infection/Political Divergence Where I Am ;In Virginia, cities and counties are separate, not one containing the other as in most of the US. So I live in the City of Harrisonburg, population about 53,000, which is surrounded by Rockingham County, population about 82,000, both in the Shenandoah Valley about 120 miles southwest of Washington. […] The post The Vaccination/Infection/Political Divergence Where I Am appeared first on Angry Bear. [Read More...]
This is worth listening to, all of it. Unless of course you are a member of the church of climate change.
SOURCE: Funny Economist – Randall Parker’s Completely Serious Macroeconomics Blog – Read entire story here.
Housing permits continue decline in June; more challenging YoY comparisons ahead
Housing permits continue decline in June; more challenging YoY comparison First, a brief comment about the NBER’s declaration yesterday that the COVID recession ended in April 2020. I am not surprised at all that they chose that date. It has been clear for a year that the trough in economic activity across the board was […] The post Housing permits continue decline in June; more challenging YoY comparisons ahead appeared first on Angry Bear. [Read More...]
Wow!
SOURCE: Funny Economist – Randall Parker’s Completely Serious Macroeconomics Blog – Read entire story here.
June retail sales decline after taking inflation into account, but overall pandemic gains “stick”
June retail sales decline after taking inflation into account, but overall pandemic gains “stick” As usual, retail sales is one of my favorite indicators, because it gives us so much information about the consumer economy. ; The news for June was mixed. Nominally retail sales were up +0.6% for the month. But after taking into account […] The post June retail sales decline after taking inflation into account, but overall pandemic gains “stick” appeared first on Angry Bear. [Read More...]
You can fool some of the people….
You can fool some of the people all the time…all of the people some of the time…but you can’t fool all the people all the time.Just watch me make a fool out of Lincoln. [Read More...]
Open thread July 20, 2021
The post Open thread July 20, 2021 appeared first on Angry Bear. [Read More...]
A day at Del Mar with the great Trevor Denman….
SOURCE: Funny Economist – Randall Parker’s Completely Serious Macroeconomics Blog – Read entire story here.
Focus on Fracking
DUC well report for ;June, Focus on Fracking, RJS Monday of this past week saw the release of ;the EIA’s Drilling Productivity Report for July, which includes the EIA’s ;June data for drilled but uncompleted (DUC) oil and gas wells in the 7 most productive shale regions….that data showed a decrease in uncompleted wells nationally for the 13th […] The post Focus on Fracking appeared first on Angry Bear. [Read More...]
Connecting the dots…or not.
It is apparently lost on young Mr. Kaepernick that while he is speaking out against oppression he is also wearing a T-shirt glorifying Fidel Castro. The contradiction means nothing to him and is evidently beyond his ken. This is pitiable. But what else to expect from someone who has equated the American flag with the Confederate flag and gone as far as to say if you do not see that then you are ignorant of history. Dear me.Someone also indicated to me that he had a discussion about raising the minimum wage the other day. He disagreed and said it was a bad idea. The other person called him a racist. Boom, end of discussion.Have we really come to this in this country? [Read More...]
“Our pamphleteer overlooks two things”
Socially Ambivalent Labour Time VI: TSV part 3, chapter 21: “Our pamphleteer overlooks two things” Although Marx discussed socially necessary labour time in chapters 4, 8, 9, 16, 17, and 20, he didn’t mention it in chapter 21 where he discussed the 1821 pamphlet, ;The Source and Remedy of the National Difficulties ;by Charles Wentworth Dilke. Marx’s […] The post “Our pamphleteer overlooks two things” appeared first on Angry Bear. [Read More...]
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