Monday, February 27, 2017

2:00PM Water Cooler 2/27/2017

Today’s Water Cooler: Reindustrialization, best of #DNCChair debacle, whither Democrats, ObamaCare, durable goods (ugh), shipping rebound

Hail to the Chief? Scuppering White House Press Corps Traditions

Sean Spicer makes changes to reduce the power of the traditional White House gatekeeper press and increase outsider access; Trump disses nerd prom.

Links 2/27/17

How Russia Is Using Oil Deals To Secure Its Influence In The Middle East

A string of oil deals between Russian oil companies and Arab petrostates have shifted the center of political gravity in the Middle East and North Africa towards Moscow

Understanding the Global Role of the US Economy

Investigating the spillover channels linking the US and the global economy.

EU Dings Yet Another Brexit Fantasy: “Equivalence” Deal for the City

Yet another scheme, equivalence, by which the City hope to have its Brexit cake and eat it too, looks to be a non-starter.

Links 2/26/17

Wolf Richter: How Much Money Laundering is Going On in the Housing Market? A Lot

Treasury is starting to get serious about money laundering in high end residential real estate.

Democratic Party Orthodoxy in Action: “Hit With Some Serious Clinton Blame Cannons”

An example of Democratic Party pathology.

Tom Perez Elected Head of DNC

The Democrats double down on failure.

TaxCast: Financial Transaction Taxes, Trump Hearts Kleptocrats

The current Taxcast tours financial transaction taxes, the Swiss referendum, and dark money.

Iraq: “Is It Oil?”

Why the Iraq oil problem was not so much access, as in meeting U.S. oil needs, but that U.S. firms had been frozen out of Iraq.

2:00 PM Water Cooler 2/24/17

India’s “Bold Experiment With Cash”: Debunking Myths

India radical demonetization policy: Is this a decisive action against the black economy or an ill-considered, damagingly arbitrary act?

Links 2/24/17