Wednesday, May 25, 2016

Hoisted from Comments: “Obama’s Hiroshima Visit Is Shaping Up To Be a PR Disaster”

Our instinct that Obama’s “look forward, not back” approach to his Hiroshima visit would not go over well in Japan is panning out.

2:00PM Water Cooler 5/12/2016

Today’s Water Cooler: Tuition-free college, minimum wage, Medicare for All, fake pundits, jobless claims, Larry Summers, gig economy, flair

Tax-Dodging Corporate Inversions Accelerating

New rules by the US Treasury to curb corporate inversions haven’t done enough to slow the rising tide.

Links 5/12/16

Assange with kitten links

Clinton Policies Have Hurt Women

Clinton preaches trickle-down feminism, which just like trickle-down economics, serves only the interests of those at the top of the food chain.

Satyajit Das: “Stay in the Name of Reform” – The Fed and ISDA’s Derivative Bankruptcy Initiative

Why a proposal to “stay” derivatives termination in the event of bank bankruptcy is inconsequential and avoids bigger questions about the use of derivatives and failure to rein in risks in this market.

Democrat Hedge Fund Investors Underwrite Political Networks to Privatize K-12 Public Education

Who says Democrats and Wall Street don’t get along? Hedge funds promote a war on teachers’ unions to boost school privatizations.

2:00PM Water Cooler 5/11/2016

Today’s Water Cooler: West Virginia results, Trump’s taxes, Clinton Foundation, the role of the Fed, Corbyn, class warfare, “Learn to Code”

Michael Hudson: Warning to Europe – How the TTIP Threatens Public Health Care and Pensions

Why the TTIP poses a wide-ranging threat to European health and pension policies.

Links 5/11/16

returning cygnet stars links

As Clinton Looks Vulnerable, Event Risk Favors Trump (and Sanders)

When Donald Trump became the presumptive Republican nominee, you could almost hear the glee from Camp Clinton. Lambert called the tweets from her supporters “giddy”. The pundits saw Advantage Clinton in her presumed lock on women, blacks, Hispanics, as well as the divide of red versus blue states working in her favor. Yet the body […]

Gaius Publius: A Corporate Convention: “Comcast Presents … The Democratic Party. Welcome to Philadelphia.”

The Democratic party convention will put its big-money soul on tawdry display.

Lynn Parramore: Austerity Without Debt Relief Courts New Unrest in Greece

Economist James K. Galbraith warns that ‘unrealistic expectations’ by creditors of Greece is a recipe for turmoil

Noam Chomsky: How Imperial Violence Backfires – Lessons from the Middle East

How American intervention in the Middle East has produced a counterproductive cycle of violence.

2:00PM Water Cooler 5/10/2016

Today’s Water Cooler: Wall Street and Clinton, Quinnipiac: Clinton and Trump tie in swing states (!), upbeat JOLTS and wholesale, frack sand