Angry Bear

Governor Katie Hobbs Announces $500K in FAFSA Initiatives to Assist Arizona Families Afford College

According to The Hill the New FAFSA forms were supposed to be easier and shorter. Shorter yes, nut not so easy. There is a list of 2024-24 FAFSA issues which are confounding parents and students attempting to complete the FAFSA so as to be eligible for student aid. FAFSA forms were changed in 2023 and […]

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Leading indicators in the Q1 GDP report are mixed

 – by New Deal democrat The Bonddad Blog Most of the commentary you will read about Q1 GDP that was released this morning will be about the core coincident components. For that I will simply outsource to Harvard’s Prof. Jason Furman: “much of the slowdown was in non-inertial items like inventories (-0.35pp) and net exports (-0.86pp). […]

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College Financial Aid Scramble

by Lora Kelly The Atlantic A plan to simplify the Free Application for Federal Student Aid process, better known as FAFSA has been a few years in the making. In 2020, as part of a spending bill, Congress ordered the Department of Education to create a shorter version of the FAFSA form. The new application […]

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Jobless claims continue their snooze-fest

 – by New Deal democrat The Bonddad Blog [Note: I’ll put up a post discussing Q1 GDP later today.] Initial and continuing claims continued their snooze-fest this week. Initial claims declined -5,000 to 207,000, continuing their nearly 3 month long range of between 200-220,000 per week. The four week average declined 1,250 to 213,250. This […]

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Claims of Student Loan Cancellation Benefiting the Wealthy are Still False

by Alan Collinge Medium A number of beltway “experts” are currently claiming that cancelling student loans would unduly benefit the wealthy. These claims are based upon blatantly flawed research, They have been used by very well-coordinated media/social media campaigns, designed to kill the push for student loan cancellation, and have flooded the zeitgeist in recent […]

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One born every minute

And the grift goes on: “Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 — pretty much his “whole […]

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The preemption stakes in Idaho vs. U.S.

A high court decision in favor of Idaho puts at risk the federal government’s ability to set national environmental, labor and consumer protection standards. by Merrill Goozner Angry Bear can not add to Merrill’s remarks on Idaho’s stance banning abortion in almost all circumstances and their claims to preempt the federal Emergency Medical Treatment and […]

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In addition to housing, manufacturing is range-bound as well

 – by New Deal democrat The Bonddad Blog First off, let me reiterate that my focus this year is on manufacturing and construction. That’s because these are the two sectors the waxing and waning of which have almost always determined if the US economy is growing or not. By contrast, for the past half century or […]

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How the Starbucks case at the Supreme Court could affect unions everywhere

by Andrea Hsu National Public Radio The Starbucks case is more a battle over which approach Appeals courts should use when they consider requests for injunctions like this one over labor violations. The Supreme Court appears to be weighing in on their decisions. The impact of the Supreme Court decision will weigh heavily on unions […]

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Manipulating Supply Chains and Manufacturing, for Corporate Influence and Profit . . . Redux

It is getting serious now. Kroger is willing to sell off more stores in order to consolidate with Albertsons. The one thing we keep on seeing is the manipulation of supply chain due to circumstance to achieve manufacturing shortfall, and influence, to maximize profits. Much of what we have and are experiencing was avoidable. The […]

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It’s a start

In many capitalist European countries, college students do not have to pay tuition fees out of their own pockets. Here in America, most students have to fund their own college costs, which for many students means student loans. Whether or not they complete the degree, student loan borrowers can’t discharge these loans through bankruptcy. Of […]

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The range-bound new home sales market continues

 – by New Deal democrat The Bonddad Blog As per my usual caveat, while new home sales are the most leading of the housing construction metrics, they are noisy and heavily revised.  That was true again this month, as sales (blue in the graph below) increased almost 9% m/m to 693,000 annualized, after February was revised downward […]

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Trump vs. Biden: Who Got More Done for Veterans?

by Suzanne Gordon and Steve Early Washington Monthly Trump has mocked veterans and privatized their health care. Biden honors them but hasn’t challenged Trump’s privatization policies. Currently, they are moving more and more veterans to commercial healthcare. This rather than restoring VA healthcare to a better place for veterans to be and at a lower […]

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Science and the Tinkerbell Effect

by Tom Dinger The Bell A commentary by an acquaintance of mine and from years ago. I believe there is only one person who might recognize the author. He was well liked amongst his fellow writers. Americans Doubting the Big Bang Is a Healthy Thing A new Associated Press-GfK poll asked approximately one thousand U.S. adults to […]

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Real median wage and income growth through March continued the recent increasing trend

 – by New Deal democrat The Bonddad Blog This is an update of some information I last posted several months ago. Real median household income is one of the best measures of average Americans’ well-being. However, the official measure is only reported once a year, in September of the following year. So right now the most […]

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Former Shell employees resurrect dead well in ‘monumental’ move for geothermal energy

by Laurelle Stelle msn.com, The Cool Down Nice read on geothermal energy produced from pumping water into fracked rock formations in deep dry oil wells. In Texas, several innovative new companies are combining clean energy technology and the expertise of former oil and gas industry employees to create a whole new generation of geothermal power plants, Grist reported. […]

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Why is a widely used app named for a tenth century Scandinavian king?

by an old friend from “The Fray” Claude Scales Self-Absorbed Boomer Your smartphone, like mine, likely has the logo at left on it somewhere. I knew that “Bluetooth” was the name given to an ancient Scandinavian king, but had no clue why the app was named for him. Now, thanks to Rick Spilman in The Old […]

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Why Unlimited Wealth Is an Unassailable Advantage

by Steve Roth Wealth Economics Imagine a five-player poker game. Assume all the players have equal skill, so the flows across the table over the course of the game are just a random walk. “It’s just how the cards fall.” All the players start with the same number of chips. But there’s one difference: four […]

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Managing risk

Decades ago, the artificial sweetener cyclamate was banned because it caused bladder cancer in rats. Later, it turned out that this was an artifact of (1) the tendency of cyclamate to form a precipitate with the male rat urinary globulin in the bladder, which leads to inflammation and promotes cancer, and (2) the fact that […]

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