Grassroots

Matt Gaetz Case Has Echoes of the Justice Department’s Failure to Prosecute Jeffrey Epstein’s Sex-Trafficking Ring

Wall Street On Parade -

Matt Gaetz Case Has Echoes of the Justice Department’s Failure to Prosecute Jeffrey Epstein’s Sex-Trafficking Ring

By Pam Martens and Russ Martens: November 21, 2024 ~ Today’s New York Times carries a diagram prepared by the U.S. Department of Justice during its multi-year investigation into then Congressman Matt Gaetz. (We have printed the left-hand section of the diagram above.) The diagram illustrates the following about the DOJ’s investigation into the man that President-elect Donald Trump wants to install as the U.S. Attorney General – the top law enforcement officer at the U.S. Department of Justice: The DOJ had receipts for the money flows between Matt Gaetz and the women he was paying for sex and the other individuals involved in the related sex and drug parties from 2017 to 2020. The public also learned this past week from the attorney, Joel Leppard, who represented two of the young women who were paid for sex with Gaetz – that the DOJ had interviewed at least a dozen of the … Continue reading →

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How Can the Loan Interest Become Greater than the Principal?

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I have written about and posted on Student Loan debt forever and usually about Alan Collinge. This is never ending debt where the interest can be greater than the costs over the years of payback. That is, if it is ever paid back. In this particular commentary, it discusses a Masters in filmography or movie […]

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Javier Milei: Argentina’s Trump?

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Modern Argentina has had a problematic and sometimes sordid history. From the dirty war of the 1970s to hyperinflation, the South American nation has been ill-served by most of its leaders. Javier Milei was elected president of Argentina in October 2023 after campaigning to overturn the status quo and transform the economy and politics of […]

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Which Group Gave Trump the Majority? A Poll at the End.

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In a poll on Robert Reich’s site, the readers gave their opinion of who gave Trump the Majority. I have attached the poll at the end of this commentary. Granted you can not directly answer this poll by Robert. You can leave your pick in the comments section here. I will give the results from […]

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What to look for if housing construction does forecast a recession

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 – by New Deal democrat No data today, but since it is mainly a housing week, let me pick up on a topic I discussed at the end of yesterday’s post; namely, if housing does indeed forecast an oncoming recession, what should we expect next in that sector? To cut to the chase, ultimately we […]

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Industrial Policy

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Most certainly. the US was or is seeing the results of encouraging the return of manufacturing in various industries. I believe the semiconductor manufacturing was more the result of strategic need due to foreign influence in the market. Such could probably be said about the steel industry also. Subsidizing improvements in production by the government […]

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“Giving Up Is Unforgivable”

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– by Joyce James Civil Discourse  I’m not certain it’s possible to understand what happened in the 2024 election this close to it, beyond the undeniable outcome: Donald Trump will be the next president of the United States. For two weeks now, people have been trying to assemble the pieces of how we got here, […]

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Immigration to the United States and Its Impact to the Federal Budget

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There has been much noise about immigration to the United States. Enough so as to have an impact on the last US election with people selecting an isolationist to be the president. At this time, the new president is discussing removing them from the United States. There are laws in place allowing immigrants to stay […]

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What was Experienced in 1970 and 2020 in almost the Same Area

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 Kenneth Ackerman commenting on his experience in May 1970 in Washington DC. While he was there, I was out -of – country during that time period. When I returned stateside and assigned to 10th Marines, we were trained in riot control. JIC the students and protesters became too rowdy. We were never called out which […]

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Leading housing construction data stabilizes, while units under construction continue free-fall. With a continued hurricane asterisk

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 – by New Deal democrat Housing data for October, like that for September, has to be viewed with an asterisk, due to Hurricanes Helene and Milton. Since the effects of both were in the South Census Region, where relevant in the analysis below I will also discuss the numbers excluding that region. The most leading […]

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Trump’s Nominees Are Being Hand-Picked to Enact a Dangerous Platform the Koch Brothers Made Public 44 Years Ago

Wall Street On Parade -

Trump’s Nominees Are Being Hand-Picked to Enact a Dangerous Platform the Koch Brothers Made Public 44 Years Ago

By Pam Martens and Russ Martens: November 19, 2024 ~ Tens of millions of Americans rise each morning and pray they are awakening from a bad dream about the President-elect’s plans to put a plethora of outrageously unfit people in charge of critical federal agencies that protect the air we breathe, the water we drink, the food we feed our children, our ability to obtain healthcare, social security for the elderly, response to disasters and so forth. What few Americans understand is that this plan is very real, dead serious, and was hatched 44 years ago by two fossil fuel billionaire brothers – Charles and David Koch. The plan was publicly released as the Libertarian Platform when David Koch ran for Vice President of the United States in 1980. David Koch died in 2019, leaving his brother, Charles, who turned 89 this month, to relentlessly push to install the platform, notwithstanding that … Continue reading →

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Just a Bunch of Charts Depicting Immigrants Coming to America

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The U.S. benefits from immigration but policy reforms needed to maximize gains: Recommendations and a review of key issues to ensure fair wages and labor standards for all workers, Economic Policy Institute – by Daniel Costa, Josh Bivens, Ben Zipperer, and Monique Morrissey Migrants and immigrants who resided in the United States in 2022 accounted […]

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$9.5 Billion USPS Loss for 2024

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Amid $9.5 Billion USPS Loss for 2024, Keep US Posted Releases Comical Video to Support ‘USPS SERVES US Act’ – by Beth Dozier “Keep US Posted,” WASHINGTON, D.C. (November 14, 2024) — Keep US Posted — a nonprofit advocacy group of consumers, nonprofits, newspapers, greeting card publishers, magazines, catalogs, forestry and recycling interests, and small businesses — today […]

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CloudFlare

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This is our new security system on Angry Bear. You will probably see it when you log into Angry Bear. If it asks you if you are human when you log in, answer “yes.” It is just part of the entry and not a scam.

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Getting the Story Right on What Happened

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Inflation was caused by Wall Street and companies rent-taking by increasing prices because they could do so by manipulating the supply chain. I started working is Supply Chain in the seventies for a small company by the name of Baxter Travenol. It was smaller then. It was in the old Walgreen’s building before it moved […]

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Whither housing? A look at interest rate and inflationary considerations

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– by New Deal democrat Starting tomorrow we get to the time of month when the data on the important long leading sector of housing begins to be reported. So let me update a few important points about where this sector is likely going and its effects on the economy. As we probably all know […]

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Pushing a Rope on Electric Vehicle Demands

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It is probably too soon to demand people to buy electric vehicles. Domestically, the technology is still evolving. Battery driven vehicles are still questionable although some of our Angry Bear commenters and writers have one. June 2024, Virginia Governor Glenn Youngkin and Attorney General Jason Miyares in a written statement declared: The Gov: “Once again, […]

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RFK Jr and the food-as-medicine trope

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RFK Jr and the food-as-medicine trope Anti-vaxxer and brain-worm afflicted RFK Jr has announced, among his priorities, to use federal money to get people to eat better. From The Palm Beach Post: “The former independent presidential candidate is a big fan of Trump but not so much about the president-elect’s fast-food diet. “During an interview […]

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Trump Makes Second Attempt to Install Wall Street’s Lawyer, Jay Clayton, to Oversee Prosecutions of Wall Street

Wall Street On Parade -

Trump Makes Second Attempt to Install Wall Street’s Lawyer, Jay Clayton, to Oversee Prosecutions of Wall Street

By Pam Martens and Russ Martens: November 18, 2024 ~ Last week President-elect Donald Trump announced the nomination of Jay Clayton to become U.S. Attorney for the Southern District of New York – the regional office of the U.S. Department of Justice that brings (or passes on bringing) criminal prosecutions against the Wall Street megabanks for their serial looting of the American people. In Trump’s first term as President, Clayton was tapped by Trump to serve as Chairman of the Securities and Exchange Commission – notwithstanding that Clayton had represented 8 of the 10 largest Wall Street banks in the prior three years as a law partner at Sullivan & Cromwell, one of the oldest Wall Street go-to law firms. Clayton returned to Sullivan & Cromwell after his stint at the SEC and currently serves there as Senior Policy Advisor and Of Counsel. When Clayton’s name was first announced by Trump to … Continue reading →

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