Tuesday, April 25, 2017

2:00PM Water Cooler 4/21/2017

Today’s Water Cooler: Steel, budget deal, Shattered, Ossoff no progressive, retail, Big Ag, Wells Fargo, Deray and neoliberalism, Merriam Webster

Fintech Puts Payday Lending Old Wine in New Bottles

“Fintech” provider Lyric Financial is out to take advantage of financially unsophisticated musicians. Hipness is part of the ruse.

Links 4/21/17

Too Little, Too Late Lawsuit Against Predatory Servicer Ocwen Demonstrates Failure to Address Servicing Abuses

Recidivist mortgage servicer Ocwen gets whacked by the officialdom yet again, showing how inadequate mortgage “reforms” under Obama were.

The Amazon.com Effect: Retailers Say They’re Not Selling, but Consumers Report They Are Buying

Are retail sales understated because online retailers aren’t fully captured in the data?

Investor-State Dispute Settlement (ISDS) Suits Become Favored Hedge Fund Investment

ISDS suits are increasingly getting financial backing from speculators like hedge funds.

2:00PM Water Cooler 4/20/2017

Today’s Water Cooler: Uruguay and TISA, TTiP, budget shutdown, Shattered, GA-06, MT, Sanders v Perez, leading indicators, Tesla, Etzanoa

Mexico’s Economy Is Being Plundered Dry

Some vignettes of Mexico as a failed state.

Links 4/20/17

In Praise of Melancholia

Melancholia gets a bad rap in America, and for not very good reasons.

Health Care “Reform” by Insiders Who Benefit from the Status Quo: Media Fails to Report Conflicts of Interest

Quelle surprise! The press regularly presents highly paid, well-connected health care insiders as independent voices on “reform”.

13 Questions That Expose Charter School Falsehoods

The sales pitch made by charter school boosters does not hold up to scrutiny.

2:00PM Water Cooler 4/19/2017

Today’s Water Cooler: GA-06, KS-02, Huma, Sanders poll, coincident index, AIA billings, Ecuador mining, Tesla scam, YouTube demonetization

Against False Arrogance of Economic Knowledge

The shortcomings of economic reasoning are well known, yet mainstream practitioners embrace and defend them.

Links 4/19/17