Tuesday, April 25, 2017

2:00PM Water Cooler 4/25/2017

Today’s Water Cooler: Canadian Lumber, Obama cashes in, Clara Jeffery, Heath Mello, new home sales, self-driving trucks, “de-cashing,” DNA

The Operation and Demise of the Bretton Woods System: 1958 to 1971

Even though the Bretton Woods system was short lived, legacies like the dollar standard remain and are likely to be with us for some time.

Links 4/25/17

The Fall of the Latin American Left, Part I: Brazil’s Boom and Bust

Discussing why the left in Latin America lost power, starting with Brazil.

Wolf Richter: Private Equity in the Thick of Bricks and Mortar Retail Implosion

The distress at traditional retailers has been made much worse by private equity asset stripping rendering them fragile.

Gaius Publius: Hillary Clinton Explains Our North Korea, South Korea, China Policy

Why America’s belligerent posture towards North Korea needs to be taken with a fistful of salt.

2:00PM Water Cooler 4/24/2017

Today’s Water Cooler: TPP, NAFTA, Shattered, DCCC University, manufacturing, retail and real estate, iron and coal, H1Bs, immigration, LSD

Trump and Congress Use Congressional Review Act to Roll Back 14 ‘Midnight’ Rules; More to Follow?

Republicans use obscure 1996 law to roll back midnight rules. Federal courts are soon likely to consider its limits.

Newspaper Owned By Fracking Billionaire Leaks Memo Calling Pipeline Opponents Potential “Terrorists”

States such as Oklahoma and North Dakota lead the way in repressing protest over pipeline and fracking activities.

Links 4/24/17

Democrat Disunity: Hypocritical Media Attacks on Sanders

The Democrats so can’t stand Sanders’ refusal to change his policies that they are undermining their own “Unity Tour” with press attacks.

Former Workers at Elon Musk’s SolarCity Allege Employment Abuses, Improper Installations

Over 2000 former SolarCity workers allege labor violations, like denying overtime pay and bathroom breaks, as well as shoddy installations.

Please Come to Our Washington DC Area Meetup This Friday, April 28

Hope to see you at our meetup this Friday!

Trump DOJ to Continue FCPA Focus: More Smoke and Mirrors?

The focus on FCPA violations continues the DoJ’s smoke and mirrors enforcement policy, ignoring more serious corporate crime.

Links 4/23/17