One town demonstrates that it’s possible to rely only on renewable power….so why haven’t others taken the plunge?
Wednesday, November 23, 2016
2:00PM Water Cooler 11/22/2016
Today’s Water Cooler: Why TPP lost, Trump video, Democrats and identity politics, Trump infrastructure, home sales, container chaos, pumpkin
Bill Black: Hillary’s Threat to Wage Continuous War on the Working Class via Austerity Proved Fatal
Black recounts how fundamental austerity-driven economic policies had become to the Democrats and how Hillary embraced them wholeheartedly.
Banks Whinge About Tougher EU Regulations to Reduce Too Big to Fail Risk
The Financial Times is a bit too sympathetic to poor oppressed banks facing tougher EU safety rules.
Michael Hudson: How Debt-Driven Home Price Increases Shafted Homeowners
Michael Hudson debunks the myth that rising home prices are always a boon to homeowners.
Donald Trump: “My 100-Day Action Plan”
A look at Trump’s major proposals.
2:00PM Water Cooler 11/21/2016
Today’s Water Cooler: TPP lives, TISA dying, Crosscheck, Trump dox, 2018 (aleady), national activity, shipping, 420, #NoDAPL, homeopathy
Bill Black: Bloomberg Notices Paul Romer’s Indictment of Macroeconomics
World Bank economist Paul Romer calls out obvious defects in macroeconomics, and is treated as a bomb-thrower.
Economists and Trump: Straight Talk on Trade
Economists maintained a party line of never letting a bad word be said about more open trade even though they knew it would produce losers.
Italy’s Bank Rescues Founder, With Small Savers and Prime Minister Renzi as Casualties
Italian banks may start bail-ins at the worst possible time for Matteo Renzi and his constitutional reforms.
In Upset, François Fillon Beats Sarkozy, Leads Conservative Party Runoff Vote for French President
Fillion’s surprise win shows again how pundits and pollsters failed to read the mood of voters.
Where Was Roosevelt?
On the tactics of labor early in the Roosevelt administration.
