Wednesday, December 1, 2021

Angry Bear

Angry Bear


The Crimes of Punishment

Posted: 30 Nov 2021 04:49 PM PST

Surely someone, not something, must be to blame, must be responsible for whatever catastrophe that may have just occurred. Even CNN knows this. Blaming an event on someone obviates the need to fully explain, to seek a cause; relieves us of the responsibility to understand, to acknowledge the true cause. Seems it is somehow better […]

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Income, Spending, and PCE PI Index Up . . . Savings Rate Lowest Since December 2019

Posted: 30 Nov 2021 08:18 AM PST

Commenter and Blogger RJS, MarketWatch 666, Personal Income Rose 0.5% in October, Personal Spending Rose 1.3%, PCE Price Index Rose 0.6%, Savings Rate Lowest Since December 2019 The October report on Personal Income and Outlays from the Bureau of Economic Analysis includes the month’s data for our personal consumption expenditures (PCE), which accounts for more than 70% […]

The post Income, Spending, and PCE PI Index Up . . . Savings Rate Lowest Since December 2019 appeared first on Angry Bear.

Half of what you read about Omicron is wrong, but you won’t know which half for weeks

Posted: 30 Nov 2021 03:45 AM PST

Coronavirus dashboard for November 29: half of what you read about Omicron is wrong, but you won't know which half for weeks, New Deal democrat As with any "Breaking News!" event, about half of what you read will be wrong. The problem is, nobody knows which item falls in which half. Recognizing that you need to step […]

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Open thread Nov. 30, 2021

Posted: 30 Nov 2021 03:41 AM PST

The post Open thread Nov. 30, 2021 appeared first on Angry Bear.

Intellectual Property II

Posted: 29 Nov 2021 08:58 PM PST

As always, I am bloviating on a matter where I am not expert. I do sometimes wonder what the hell we should do with the strange human invention called intellectual property. It can be argued that it was a brilliant invention. For example the US Constitutional Convention wrote “To promote the Progress of Science and […]

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