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Sunday, August 24, 2025

"People Will Be Insane When Food Prices Double Or Triple From Current Levels"

Full screen recommended.
Epic Economist, 8/24/25
"People Will Be Insane When Food Prices 
Double Or Triple From Current Levels"

"Well, that was quite a surprise. We just got confirmation that inflation is picking up steam once again. That's concerning news, because the cost of living has already been putting pressure on people nationwide. In fact, one recent survey found that 86 percent of Americans are stressed about grocery prices. But it's not just food costs that are climbing. We're getting hit with double-digit price increases across the board, and that's having serious consequences. Our standard of living is taking a hit month after month, and the middle class continues to shrink.

On Thursday, we learned that the producer price index, which measures final demand goods and services prices, jumped 0.9% for the month, compared with the Dow Jones estimate for a 0.2% gain. It was the biggest monthly increase since June 2022. Excluding food and energy prices, core PPI rose 0.9% against the forecast for 0.3%. Excluding food, energy and trade services, the index was up 0.6%, the biggest gain since March 2022. Such a large change in one month was pretty unexpected.

Right now, electricity prices are climbing from coast to coast. For example, New Jersey residents just got hit with price hikes of between 17 and 20 percent... Air conditioning is rapidly becoming a luxury item. Not everyone will be able to afford it anymore.

Beef has also become a luxury, and it's being reported that last month the price of beef hit yet another new all-time high... I'm a meat and potatoes kind of guy, and so this really bothers me. When I see the prices that supermarkets are charging us now, it's pretty shocking.

Health insurance premiums are already way out of control. And now they want to hit us with double-digit increases again? This is the reality of the economy that we live in now. In this environment, even sending your kids to summer camp can put you deep into debt...

Today, most of the country is living paycheck to paycheck. And now that economic conditions are slowing down, we're seeing foreclosures start to spike just like we did in 2008 and 2009. Sometimes it feels like we're all playing a very challenging game of musical chairs. Every time the music stops, more seats are being removed and more people fall out of the middle class. If you still have your seat in the middle class, hold on to it tightly, because tougher times may be ahead.

I've been warning for years about the damage that was being done to the middle class. And let's be honest about what's happening in the job market. When college graduates with technical degrees are applying to 900+ jobs and still can't find work, something is seriously wrong with the economic picture we're painting.

The foreclosure uptick in places like Las Vegas should be a warning sign. We've seen this movie before, and it didn't end well. When people start losing their homes because they can't keep up with payments, that's usually a sign that broader economic troubles are brewing."
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God help us...

Musical Interlude: Moby, "Love Of Strings"

Full screen recommended.
Moby, "Love Of Strings"

Life, precious Life...

"A Look to the Heavens"

“The constellation of Orion holds much more than three stars in a row. A deep exposure shows everything from dark nebula to star clusters, all embedded in an extended patch of gaseous wisps in the greater Orion Molecular Cloud Complex. The brightest three stars on the far left are indeed the famous three stars that make up the belt of Orion. Just below Alnitak, the lowest of the three belt stars, is the Flame Nebula, glowing with excited hydrogen gas and immersed in filaments of dark brown dust.
Below the frame center and just to the right of Alnitak lies the Horsehead Nebula, a dark indentation of dense dust that has perhaps the most recognized nebular shapes on the sky. On the upper right lies M42, the Orion Nebula, an energetic caldron of tumultuous gas, visible to the unaided eye, that is giving birth to a new open cluster of stars. Immediately to the left of M42 is a prominent bluish reflection nebula sometimes called the Running Man that houses many bright blue stars. The above image, a digitally stitched composite taken over several nights, covers an area with objects that are roughly 1,500 light years away and spans about 75 light years.”

Chet Raymo, “Half Sick Of Shadows”

“Half Sick Of Shadows”
by Chet Raymo

“Who is this woman? Her name is on the prow of her boat: The Lady of Shalott.  Yes, it’s Tennyson’s “Lady of Shalott,” from the poem of 1842, here illustrated by John William Waterhouse in 1888. By some unspecified curse this lovely maiden was confined to a tower…
“Willows whiten, aspens quiver,
Little breezes dusk and shiver
Through the wave that runs for ever
By the island in the river”

near Camelot, where, forbidden to look out the window, she observed the world in a mirror and wove what she saw into a tapestry. So what is she doing in the boat, with her hand-stitched creation? One day, Sir Lancelot rode by her tower alone. She saw him in the mirror and – “half sick of shadows” – couldn’t resist turning to see him unreflected.
“His broad clear brow in sunlight glow’d;
On burnish’d hooves his war-horse trode;
From underneath his helmet flow’d
His coal-black curls as on he rode…”

The mirror cracked. She left her loom, descended from the tower, found a boat, inscribed her name on the prow, and…
“Lying, robed in snowy white
That loosely flew to left and right -
The leaves upon her falling light -
Thro’ the noises of the night”

cast off to drift downstream to Camelot – and to Lancelot. But curses are not to be foiled.

“For ere she reach’d upon the tide
The first house by the water-side,
Singing in her song she died,
The Lady of Shalott.”

We are all of us in a way the Lady of Shalott, all of us who seek to create an image of the world, artists, poets, scientists. We perceive the world through the filter of our limited senses, our biologically evolved brains, our nurtured preconceptions. We weave our tapestries, knowing that our creations are a reflection removed from reality. Our “curse” is to be in love with the real, yet never able to embrace it except in the cold glass of conceptualization. Our legacy? To be found in a boat lodged among the reeds, our tapestry draped across the thwart, with Camelot yet somewhere further down the stream, glistening, beckoning, inescapably out of reach. But, ah, there’s that gorgeous tapestry.

There is another curse, self made, and that is to mistake the mirrorworld for the world outside the window, to fail to recognize the contingency of our conceptualizations, to forego an honest seeking for the falsely found, and – most ominously – to want to impose our own mirrorworld on others.”

"Arizona 50-80% Housing Market Crash 2025, Top 10 Cities Becoming Ghost Towns"

Full screen recommended.
Discover The Nation, 8/24/25
"Arizona 50-80% Housing Market Crash 2025, 
Top 10 Cities Becoming Ghost Towns"
"Arizona’s housing dream is collapsing in 2025. Once-booming cities that thrived on endless migration, speculative construction, and surging prices are now facing unsellable homes, oversupply, and vanishing buyers. From the sprawling suburbs of Surprise and Mesa to the high-cost enclaves of Scottsdale and Phoenix, entire markets are freezing, values are tumbling, and affordability has disintegrated. Developers are slashing tens of thousands off new builds, foreclosure filings are climbing, and once “safe” cities are now on the brink of becoming America’s next ghost towns. In this video, Discover the Nation counts down the Top 10 Arizona Cities Becoming Ghost Towns in 2025. Backed by data from Zillow and Redfin, we expose the inventory surges, price cuts, and population declines that are reshaping the Grand Canyon State."
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"They're Going To Shut Your Water Off"

Michael Bordenaro, 8/24/25
"They're Going To Shut Your Water Off"
"Homeowners all across the country are seeing major increases in their water bills with seemingly no end insight. And homeownership has become so expensive with all of the ancillary expenses that raising the water bills could just be the final nail in the coffin for people who are barely hanging on."
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The Daily "Near You?"

Burnley, Lancashire, United Kingdom. Thanks for stopping by!

"They Don't Know..."

They don't know because they don't want to know...
'One can fight evil but against stupidity one is helpless.'
- Henry Miller

"The Great and the Good"

"The Great and the Good"
Examining a crucial historical pivot in American history...
By Bill Bonner

"Sagest in the council was he, kindest in the hall.
Sure we never won a battle – ‘twas Owen won them all.
Had he lived – had he lived – our dear country had been free;
But he’s dead, but he’s dead, and ‘tis slaves we’ll ever be…"
"Lament for the Death of Owen Roe O’Neill", By Thomas Davis

Youghal, Ireland - On November 22, 1963, John F. Kennedy was shot. He died soon after. Much of the world went into mourning. Never before or since has Washington seen such a gathering of dignitaries…nor so many common folk…all who came to pay their respects.

Jack Kennedy had made many friends. His New Frontier was widely applauded. At home, he lowered the top marginal tax rate from 91% to 65%. Abroad, he sought peace. He explained in a speech at American University that his kind of peace was “not a Pax Americana enforced on the world by American weapons of war. Not the peace of the grave or the security of the slave."

And yet, after his death, American weapons were soon at work, creating a world, not at peace, but almost constantly at war. Before his assassination, JFK had sent out an order, bringing US troops back from Vietnam. That order was quickly forgotten. The new president, LBJ, had another program, much more to the liking of the ‘military industrial complex.’ Over the next 11 years, 2.7 million American soldiers would go to fight a war that Johnson had promised would be a war for the Vietnamese to fight. By the time the last US helicopter escaped from the US embassy roof in 1975, 58,000 Americans had died and a trillion dollars had been spent. More importantly, the good had given way to the great.

An Historical Pivot: We are reviewing a ‘pivot’ in recent American history. It was the moment when the military/industrial/spook/Congressional complex – the most powerful industry in the world – took control of US politics...and the empire took on a life of its own.

Specifically, we are recalling the history of the 1960s – aided by the recollections and research of Robert F. Kennedy, Jr. – and our own personal history. Bob Dylan, the Doors, Aretha Franklin…marijuana…the Rolling stones…bell bottoms – and the hope of a better world – it is all coming back into focus. We were not born cynical, dear reader; it took many fads, rascals, bear markets and political campaigns to make us what we are today.

One clear memory…It was a summer evening in 1967. We had gone with a friend to the banks of the Chesapeake. Percy Sledge’s great hit – ‘When a man loves a woman’ – was on the radio. We were back from college, regaling each other with our adventures. But Tommy had dropped out. He set his sights on a different life – simpler, more local. He had read Faulkner and Hemingway. His goal was success at home…not abroad. It was success as a person he wanted, not as captain of industry nor of infantry. “Aren’t you worried about getting drafted?” “No…I’m going to sign up. Get it over with.” “Aren’t you worried about getting killed? And what’s the point, anyway? The war seems like a waste.” “Yeah…but otherwise, I’ll have to listen to my mother complaining about me dropping out of college.” That was the last time we saw Tommy. Life is full of casualties. Some are more tragic and pointless than others. Tommy was one of them.

America the Great? What the Kennedys seemed to be aiming for was a government that practiced restraint and reduced the casualties. A good nation does not tax too heavily, does not spend too much, treats people with respect (even those with whom it doesn’t agree) and only fights when it has to. But after Kennedy was assassinated, the US took a different course. Lyndon Johnson promised action…activism…empire. Bombs and bamboozles. Attila was great. Alexander was great. Caesar was great. Napoleon was great. Why not Lyndon? Why not Ronald…Donald…or Joe?

“The People” took the cue. The masses always come to think what they must think when they must think it. Americans were no different. Flattered by the best military money could buy, they came to believe that they were an exceptional race. Madeleine Albright, then Secretary of State, must have reached some apotheosis of conceit when she proclaimed that “if we use force, it is because we are America. We stand tall….we see further into the future.”

We have argued that there are patterns to markets (the Primary Trend)…and patterns to history. A normal man is held in check by his friends, his wife, and his children. When he makes a jackass of himself, they are quick to let him know. So too is a humble nation held in check by its neighbors, its resources and its own people. It may be good or bad. But sometimes – with the wind at its back – the lust for greatness takes over. A nation seeks not just to get along, but to dominate…and control; it becomes an empire. But the Kennedys stood in the way.

Concrete Boots: First, Robert Kennedy took on the mobsters. Appointed Attorney General by his brother, RFK had a ‘Manichean approach’ to law enforcement. There were good guys and bad guys. He wanted to put the bad ones in jail.

At the time, the mafia was gaining power…and corrupting the US justice system (suborning witnesses, bribing judges). He aimed to put them out of business. In Senate hearings, he brought in Anthony “Tony Ducks” Corallo; Joe “Little Caesar” DiVarco; Carlos “The Little Man” Marcello…and dozens of other colorful mobsters. In his first three years as Attorney General, RFK filed 673 indictments against organized crime figures.

The mafiosos didn’t forget. And didn’t forgive. What’s more, they felt betrayed. They believed that the Kennedys would protect them, not prosecute them. There are several competing stories to explain it. One tells us that Joe Kennedy had made a deal with the mob; if they helped deliver the votes in Chicago he would tell his sons to lay off them. Another story is that the Kennedy boys were connected to the mob on their own. Their sister, Pat, was married to Peter Lawford, one the famous “Rat Pack,” along with Frank Sinatra and Dean Martin. Sinatra installed a heliport at his residence in Palm Springs so the president could come to visit. Jack Kennedy may even have shared a mistress – Judith Campbell Exner – with Sinatra’s mafia pal, Sam Giancana.

Whatever the origins of the story, the mob felt betrayed when Bobby Kennedy went after them with a vigor they had never seen before. “Livarsi na petra di la scarpa,” said Carlos Marcello in 1962. The old Sicilian curse has an English variant, said to have been invoked by Henry II: “Will no one rid me of that turbulent priest?” In another documented exchange, mobster Santo Trafficante assured Cuban exile leader Jose Aleman that he needn’t worry about President Kennedy: “No, Jose, he is going to be hit.”

An Empire Unchallenged: Another group that didn’t like the Kennedys was the aforementioned War Industry. Their business, too, was being severely hampered by the Kennedys’ desire to give peace a chance…and their general distrust of both the military and the spies. By this time, the CIA and the mobsters were working together. Their target was supposed to be Fidel Castro. The mafia had its connections in Cuba. The CIA’s mission was to assassinate Fidel, at which, it failed.

The assassination of JFK, however…like the murder of Thomas Becket, Archbishop of Canterbury in 1170, was a shocking success. Who did it? Did the CIA aim for Castro and hit Kennedy? Did the mafia settle its score with the Kennedy family? Or was it a ‘lone gunman,’ as the Warren Commission concluded? We don’t know. But since then, no president has ever seriously challenged the empire’s agenda. "

"The Blow That Ended America 112 Years Ago"

"The Blow That Ended America 112 Years Ago"
by Paul Rosenberg

“There is a lot of ruin in a nation,” wrote Adam Smith, and what he meant was that it takes a long time for nations to fall, even when they’re dead on their feet. And he was certainly right. America took its fatal blow in 1913, one hundred twelve years ago; it just hasn’t hit the ground yet. This is a slow process, but it’s actually fast compared to the Romans. It took them several centuries to collapse.

The confusing thing about our current situation is that America – and by that I mean the noble America that so many of us grew up believing in – has long been poisoned. Its liver, kidneys, and spleen have stopped functioning. but it still stands on its feet and presents itself as immortal. And I’m not without sympathy for those who want to believe. They find themselves in a world where politics is almighty, and where their comfort, prosperity, and perhaps their survival all hang in a delicate balance. They don’t want to upset anything, and questioning the bosses is a good way to get hurt.

But just because someone wants to believe doesn’t make it so. We are not children and we are not powerless. We producers should never be intimidated by those who live at our expense. So let’s start looking at the facts.

1913: The Horrible Year: For all the problems America had prior to 1913 (including the unnecessary and horrifying Civil War), nothing spelled the death of the nation like the horrors of 1913. Here are the key dates:

February 3rd: The 16th Amendment to the United States Constitution was ratified, authorizing the Federal government to impose income taxes on individuals. An amendment to a tariff act in 1894 had attempted to do this, but since it was clearly unconstitutional, the Supreme Court struck it down. As a result – and mostly under the banner of bleeding the rich – the 16th amendment was promoted and passed.

As a result, the Revenue Act of 1913 was signed into law by President Woodrow Wilson in October. Income taxes began in 1914, with the government swearing (as in, “only a crazy person would say otherwise!”) that the rate would never, ever go higher than one or two percent. And, by the way, the amendment was introduced by Senator Aldrich of Rhode Island, to whom we’ll come again shortly.

April 8th: The 17th Amendment to the United States Constitution was ratified, taking the powers of the states and transferring them to Washington, by mandating the popular election of senators. Previously, senators were appointed by state legislatures, which, by design, restrained the power of the national government. This change gave political parties immediate and massive power, nearly all of which was consolidated in the city of Washington.

The amendment was ratified in the name of making the national government a force for good, under the direct control of the people. It was true that state governments were often corrupt, but the implied idea that Washington was pristine… which was and remains a fantasy. A structure featuring small, separate pockets of corruption is far less dangerous than one featuring a single, large seat of corruption, to which oceans of money are gathered. As Thomas Jefferson wrote: "It is not by the consolidation or concentration of powers, but by their distribution that good government is effected."

December 23rd: Woodrow Wilson signs the Federal Reserve Act, which had passed Congress just the previous day. This system – called the Aldrich Plan, and promoted by Senator Nelson Aldrich of Rhode Island – gave a monopoly on the creation of dollars to a consortium of large banks. The Act was passed, by the way, in the name of financial stability.

And Senator Aldrich? Wikipedia says this about him: "He… dominated all tariff and monetary policies in the first decade of the 20th century… Aldrich helped to create an extensive system of tariffs that protected American factories and farms from foreign competition, while driving the price of consumer goods artificially high… Aldrich became wealthy with insider investments in streets, railroads, sugar, rubber and banking… His daughter, Abby, married John D. Rockefeller, Jr., the only son of John D. Rockefeller."

The Combination: Here is why I say that these three changes of 1913 killed America: They robbed every producer in America of their money and handed it to politicians. Until 1913, ordinary people kept their money. Carpenters, grocers, and repair men were able to make business loans and to retire on stock dividends. Once the income tax came in, however, politicians were empowered to skim off more and more of their money, which is precisely what happened. While the modern skim is multi-faceted, the average producer is now stripped of half his or her earnings every year, leaving politicians to spend it.

They consolidated all power in Washington DC. This is precisely what James Madison wished to avoid when writing the US Constitution. (Again, note the Jefferson quote above.) By depriving the states of their remaining power, the City of Washington had no opposition. Since then, the Washington government has taken over practically everything on the continent and is choking it to death… a lot like the city and empire of Rome before it.

They created a money empire that took over almost everything. When you start talking about central banking, and how it provides politicians with free money, people generally turn away from it, because it’s just too much to take. And so I’ll stop here.

There’s more to say but my point is made. America, as we grew up thinking of it, is over. The old ideas live on in some of us, but they no longer live in the political arena. What remains to be seen is what Americans will do next."
o

"How It Really Is"

 

"Michelangelo's Message to Mankind"

"Michelangelo's Message to Mankind"
You have a brain; if only you would use it.
by John Leake

"On May 8, 1505, the thirty-year-old painter, sculptor, and architect, Michelangelo di Lodovico Buonarroti Simoni, signed a contract with Pope Julius II to decorate the ceiling of the Sistine Chapel, also known as Cappella Magna ('Great Chapel') of the Vatican. The primary motifs of the ceiling are scenes from the Book of Genesis -  that is, the Creation, the Fall of Man, and the story of Noah, along with various figures that depict man and his relationship with God, and the foretelling of Christ's coming.

My favorite image on the ceiling is "The Creation of Adam,” in which God is depicted as trying to give life to the First Man. Observe that, although Adam is well built, his posture is expressive of laziness. God reaches out to touch him, but Adam can scarcely muster the energy to sit up and extend his left arm and hand. Some scholars have suggested that God is set in a tableau that resembles the human brain. I suspect that the image was Michelangelo’s attempt to tell mankind, “You have a brain; if only you would use it.”
o
A Comment by Brien: "In 'The Road Less Travelled' M. Scott Peck described original sin in the Garden of Eden as a kind of laziness, thereby holding up all sin up as having a form of laziness in its incipient state. He said that Eve’s failure to question the serpent when it made proclamations on behalf of God, delivering a cross-examination as it were, represented a kind of intellectual laziness. As for Adam, he similarly went along with Eve’s bite first and ask questions later deportment. Peck then went on to describe many of the human problems that he encountered in his psychiatric practice as stemming from a similar kind of laziness, an unwillingness or seeming incapacity to push pause, engage the brain and ask the right questions before making certain choices in life."

Freely download 'The Road Less Travelled' M. Scott Peck, here:

"The Story Of Man"

“The sands of time blew into a storm of images... images in sequence to tell the truth! Glorious legends of revolutionaries, bound only by a desire to be true to themselves, and to hope! Parables of colliding worlds, of forbidden love, of enemies healing the wounds of circumstance! Projected myth of persecution through greed and selfishness... and the will to survive! The Will to survive! And to survive in the face of those who claim credit for your very existence! We survive not as pawns, but as agents of hope. Sometimes misunderstood, but always true to our story. The story of Man."
- Scott Morse
Vangelis, "Alpha"
This song always suggested the image of our relentless, idealized, noble, glorious March of Mankind through the ages. Despite it all, despite ourselves, we survive and march onward towards our unknown destiny. Still, some wonder about our true nature as a species, as the Apex Predator of this planet, as Sir Arthur Conan Doyle did when he asked,“What can we know? What are we all? Poor silly half-brained things peering out at the infinite, with the aspirations of angels and the instincts of beasts.”
Indeed, Angelic aspirations regardless, the historical record suggests a less benevolent but far more accurate and truthful view of the instincts of beasts within Humanity...
Steve Cutts, "MAN"
“What a chimera then is man, what a novelty, what a monster, what chaos, what a subject of contradiction, what a prodigy! Judge of all things, yet an imbecile earthworm; depository of truth, yet a sewer of uncertainty and error; pride and refuse of the universe. Who shall resolve this tangle?”
- Blaise Pascal

"Pride and refuse," indeed...

"We're All Sinking..."

"We're all sinking in the same boat here. We're all bored and desperate and waiting for something to happen. Waiting for life to get better. Waiting for things to change. Waiting for that one person to finally notice us. We're all waiting. But we also need to realize that we all have the power to make those changes for ourselves."
- Susane Colasanti

Dan, I Allegedly, "Another Iconic Factory Closes! America’s Factories Are Dying!"

Full screen recommended.
Dan, I Allegedly, 8/24/25
"Another Iconic Factory Closes!
 America’s Factories Are Dying!"
"Another iconic factory bites the dust – Hostess is shutting down, leaving over 2,000 workers in Indianapolis without jobs. Twinkies, Ding Dongs, and HoHos are a part of history now, but what’s next? Keurig is also relocating operations overseas, with layoffs already happening in Virginia. The economy is shaking, and it’s not just factories – layoffs are brewing everywhere, and no industry is safe. Are we witnessing the collapse of more American-made businesses? What does this mean for you?"
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o
Snyder Reports, 8/24/25
"Home Depot & Lowes Warn Millions Are Maxed Out Financially"
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Saturday, August 23, 2025

"They're About To Kill Off The Middle Class And Dollar; The Average Family Can't Hang On Much Longer"

Jeremiah Babe, 8/23/25
"They're About To Kill Off The Middle Class And Dollar; 
The Average Family Can't Hang On Much Longer"
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"McDonald's Just Warned They Are In Major Trouble! Is This The End?"

Full screen recommended.
Steven Van Metre, 8/23/25
"McDonald's Just Warned They Are In
 Major Trouble! Is This The End?"
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"Modern Friendship Has Become a Luxury We Can't Afford"

Full screen recommended.
Michael Bordenaro, 8/23/25
"Modern Friendship Has Become a Luxury We Can't Afford"
"Life is becoming so expensive that a lot of young people are choosing to not hang out with their friends because it costs too much money! Some say that the friendships are more important than the money and are willing to overextend themselves financially to keep their friends. Which way is the right way?"
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Musical Interlude: Justin Hayward, "I Heard It"

Full screen recommended.
Justin Hayward, "I Heard It"

"A Look to the Heavens"

"Many spiral galaxies have bars across their centers. Even our own Milky Way Galaxy is thought to have a modest central bar. Prominently barred spiral galaxy NGC 1672, featured here, was captured in spectacular detail in an image taken by the orbiting Hubble Space Telescope. Visible are dark filamentary dust lanes, young clusters of bright blue stars, red emission nebulas of glowing hydrogen gas, a long bright bar of stars across the center, and a bright active nucleus that likely houses a supermassive black hole.
Light takes about 60 million years to reach us from NGC 1672, which spans about 75,000 light years across. NGC 1672, which appears toward the constellation of the Dolphinfish (Dorado), has been studied to find out how a spiral bar contributes to star formation in a galaxy's central regions."