Speak Your Mind 2 Cents at a Time
When I started out. it was the money. Kind of hard to buy a house and have kids if together you are pulling in $24,000/year. Then when the family starts, one of us will not be working (that was the plan). Get the first job, change jobs at two years, and work your way up […]
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– by New Deal democrat There was unwelcome news in this morning’s repeat home sales reports from the FHFA and Case-Shiller. On a seasonally adjusted basis, in the three-month average through December, according to the Case-Shiller national index (light blue in the graphs below) prices rose 0.5%, and the somewhat more leading FHFA purchase only index (dark […]
The post Unwelcome news for homebuyers and the CPI, as repeat home sales prices continue re-acceleration in December appeared first on Angry Bear.
This appears to be a new and unfamiliar use of the word “efficiency”: “The Department of Government Efficiency run by Elon Musk last week published an initial list of 1,125 contracts that it terminated in recent weeks across the federal government. Data published on DOGE’s “Wall of Receipts” shows that more than one-third of the […]
The post DOGE is shooting blanks appeared first on Angry Bear.
By Pam Martens and Russ Martens: February 25, 2025 ~ During Donald Trump’s first term as president, while Mike Pompeo was serving as his Secretary of State, the State Department authorized a government contract on September 23, 2019 to translate and publish a book for young people that lavished praise on Elon Musk as an inspiring role model. The book’s title was: “Elon Musk and the Quest for a Fantastic Future, Young Readers Edition.” It was authored by then Bloomberg/Businessweek writer, Ashlee Vance, and based on his New York Times bestseller for adults, “Elon Musk: Tesla, SpaceX and The Quest for a Fantastic Future.” Curiously, however, the book wasn’t for U.S. children or even children on the same continent. The State Department award went to an organization called Steps to Success Public Association in Karakol, Kyrgyzstan. The federal account from which the $17,054 contract came was USAID, the federal agency that has … Continue reading →
The question? How much Federal Public School Funding comes from the Feds? The answer is here and you have to read it for yourself. Not a lot of reading to stymie you. Not terribly difficult. Not even 30 minutes of reading. The first question that comes to my mind? What would happen to schools if […]
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Q3 2024 QCEW suggests employment was considerably weaker than we thought last year – by New Deal democrat This will be income, spending, and housing week, but that won’t start until tomorrow. While there’s no news today, there was an important update to employment data last week; namely, the QCEW for Q3 of last year. […]
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God has a plan and Congress does not. November 2024 and the election is over. Rep. Mark Alford, a Lake Winnebago Republican, won a second term in Congress Tuesday, gliding to an easy election win in Missouri’s heavily conservative 4th Congressional District. The Associated Press called the race for Alford at 9:24 p.m. At the […]
The post A Change in Attitude after the November Election appeared first on Angry Bear.
The 2024 Election Voting numbers are shown below. I did break down the votes for others so you could see them. A big factor in Trump winning was a smaller turnout in 2024 as compared to 2020. There was a slight increase in voting for others. Dave Leip’s Atlas of U.S. Presidential Elections In 2020, […]
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– by New Deal democrat Existing home sales have been flat in the general range of 3.85 -4.10 million annualized for two years, and that continued in January, as on a monthly basis sales decreased -4.9% to 40.8 million from an upwardly revised December number of 4.29 million annualized: The slightly better numbers in the […]
The post Existing home sales: trends of increasing prices, increasing inventory, and flat sales all continue appeared first on Angry Bear.
“One point about the Musk firing spree that was barely getting any attention at first is now starting to break through into mainstream media accounts: veterans are hugely overrepresented among federal civil servants, and even more so among probationary employees. They’re getting hit hard by these erratic and needless firings.” So vets are DEI hires? […]
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By Pam Martens and Russ Martens: February 24, 2025 ~ On Thursday, February 13, MSNBC’s Joy Reid, host of the news program, The ReidOut, said this on air: “If Donald Trump announced tomorrow that he was selling the United States to Vladimir Putin personally and that we will now be owned by the Kremlin, every single Republican [in Congress] would say, ‘Yes, sir,’ and vote for it.” Reid’s remark came during her interview with Hakeem Jeffries (D-NY), Minority Leader of the House of Representatives. Jeffries had just indicated that all it would take is three House Republicans to vote with Democrats in order to do the right thing for the American people they represent. You can watch the exchange here. Just five days before Reid’s staff learned that her show had been cancelled – by reading about it first in leaked media reports and then having the fact confirmed by management – Trump and … Continue reading →
For those of you who may wonder? I am not pirating a Krugman article. I pay for a subscription as well as others which I feature from time to time at Angry Bear. Economist Paul is popular. I like his reads on particular issues, and I know others do also. Angry Bear does have some […]
The post Making Manufacturing Great Again appeared first on Angry Bear.
“Donald Trump plans a $200 million anti-immigrant ad campaign in the US and overseas. . . .Apparently we can’t afford to fully fund medical research at CDC or NIH these days, but we can find a few dollars under the sofa cushions to thank President Trump for closing the border.” We can’t afford Medicaid for […]
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Regarding my commentary on the need for ideology, maybe this will help clarify my position. Ideological Purge: DOGE’s Federal Layoffs Especially Target Agencies Perceived as Liberal Two responses to my discussion questioned what are the policies positions. There were specific issues of concern presented. I was not addressing specific policy at all. That these questions […]
The post Democratic Policy Without Ideology is just Random Activity appeared first on Angry Bear.
“Congress is considering proposals that could change Medicaid financing and eligibility. “Some of these proposed changes could cause millions of people to lose access to care under Medicaid. People without coverage often skip necessary care, leading to worse health outcomes. For people in poor health, the results can be dangerous. “Cuts will put a greater […]
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Even I am thinking of a recession as more and more people or Labor are being let go by the government. The layoff has expanded from just the government. Corporations are laying off people also. It is not like there was a huge decrease in business. Maybe companies believe they can be more efficient by […]
The post Fixing Economic Inefficiency by Cutting Labor appeared first on Angry Bear.
When you start reading this commentary, it consists of a series of purposeful misinformation statements. Some might call them lies. The people making them have nothing else, having a basis to add to this other make stuff up. The system works. Congress does not want to spend the money and fix it. For a small […]
The post Another False Social Security Emergency appeared first on Angry Bear.
Today’s Republican Party stands back and stands by in case we need to deal with the past. Have for years, now. For no good reason, it has aplenty the dumb as dirt, ignorant as a pig, mean and cruel, and corrupt members of Congress. Kentucky’s First Congressional’s best and brightest says it all. Mostly, they […]
The post The Republican Party appeared first on Angry Bear.
This certainly isn’t pro-life: “The Pregnancy Risk Assessment Monitoring System (PRAMS) is a federal data collection system, run out of CDC, “designed to identify groups of women and infants at high risk for health problems, to monitor changes in health status, and to measure progress towards goals in improving the health of mothers and infants,” […]
The post The Trump/Musk Administration shuts down Pregnancy Risk Assessment Monitoring System appeared first on Angry Bear.
DOGE is claiming to have saved $55 billion so far. The NYT calls bullshit: “The math that could back up those checks is marred with accounting errors, incorrect assumptions, outdated data and other mistakes…. Some contracts the group claims credit for were double- or triple-counted. Another initially contained an error that inflated the totals by […]
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