Monthly Archives: July 2020

July 31, 2020

• 2:00PM Water Cooler 7/31/2020
  by Lambert Strether 2:00 pm

• Quelle Surprise: NYT Article on U.S. Contact Tracing Deficiencies Doesn’t Fall for Big Tech’s Claim that Effective Contact Tracing Requires an App, But Fails to See What Good Health Care Has to Do with It
  by Jerri-Lynn Scofield 9:55 am

• Links 7/31/2020
  by Lambert Strether 6:55 am

• Vaccine Research on Covid-19: An Update
  by Yves Smith 4:10 am

• Thomas Frank: Liberal Elites Will Create Conditions for Another Trump
  by Yves Smith 3:18 am

• Kamala Harris or Susan Rice? The Veepstakes Appears To Have Kicked Out Two Truly Terrible Choices
  by Yves Smith 2:40 am

July 30, 2020

• 2:00PM Water Cooler 7/30/2020
  by Lambert Strether 2:00 pm

• The Consequences of Inequality Can Be Fatal
  by Yves Smith 9:55 am

• Links 7/30/2020
  by Yves Smith 6:55 am

• Mayberry v. KKR Plaintiffs File Amended Complaint, Refuting Standing Issues in Recent Kentucky Supreme Court Decision
  by Yves Smith 6:50 am

• Public Health Experts Fear a Hasty FDA Signoff on Vaccine
  by Yves Smith 4:19 am

• Rough Ride for Airlines – Full Recovery Moved to 2024: IATA
  by Yves Smith 3:39 am

July 29, 2020

• 2:00PM Water Cooler 7/29/2020
  by Lambert Strether 2:00 pm

• Yanis Varoufakis: Why Bitcoin Is Not a Socialist’s Ally – Reply to Ben Arc
  by Yves Smith 9:55 am

• Links 7/29/2020
  by Lambert Strether 6:58 am

• Covid-19: To Clean or Not to Clean?
  by Yves Smith 6:54 am

• AOC Shellacking of Rep. Ted Yoho Shows How Little Progress Women Have Made
  by Yves Smith 3:22 am

• Thomas Frank: Corporate Democrats Idolize FDR, but Hate His Policies and the Populists That Supported Him
  by Yves Smith 3:21 am

July 28, 2020

• 2:00PM Water Cooler 7/28/2020
  by Lambert Strether 2:00 pm

• Plastics in Oceans Will Triple By 2040, Absent Immediate Drastic Action
  by Jerri-Lynn Scofield 9:55 am

• Links 7/28/2020
  by Yves Smith 6:55 am

• Google Postpones Employee Return till Mid 2021 as Office Buildings Remain Empty, Residential Delinquencies Soar
  by Yves Smith 5:34 am

• US and China Are Both Raising the Military Stakes in the South China Sea
  by Yves Smith 1:40 am

• Our John Siman Wins Kukula Award for Non-Fiction Book Reviewing
  by Yves Smith 1:01 am

• Why Don’t Democratic Leaders Support Verifiable Elections? The Reason Is Simple and Obvious
  by Yves Smith 12:35 am

July 27, 2020

• 2:00PM Water Cooler 7/27/2020
  by Lambert Strether 2:00 pm

• The War Nerd: Amateurs Talk Cancel, Pros Talk Silence
  by Jerri-Lynn Scofield 9:55 am

• Links 7/27/2020
  by Jerri-Lynn Scofield 6:55 am

• More on Deaths of Despair: New Study Links Early Job Loss to Higher Rates of Overdose Deaths and Suicides
  by Yves Smith 3:33 am

• The Pious Predator State: The Cookiecutter Shark and the New Regime in Turkey
  by Jerri-Lynn Scofield 1:55 am

• Ilargi: What? Default? Where? Dollar?
  by Yves Smith 1:23 am

July 26, 2020

• Links 7/26/2020
  by Jerri-Lynn Scofield 6:55 am

• For the Birds: Our Avian Friends Compile Amazing Flight Records, While Most Humans Remain Grounded by COVID-19
  by Jerri-Lynn Scofield 6:25 am

• Massive Protests in Portland Continue After Judge Denies State Request for Restraining Order Against Federal Agencies
  by Jerri-Lynn Scofield 4:55 am

July 25, 2020

• Links 7/25/2020
  by Lambert Strether 6:55 am

• Thomas Frank: Populism is Not Mob Rule
  by Yves Smith 4:50 am

• Even If Joe Biden Wins in a Blowout, the ‘Global Economy’ Is Not Coming Back
  by Yves Smith 3:55 am

July 24, 2020

• 2:00PM Water Cooler 7/24/2020
  by Lambert Strether 2:00 pm

• Essential – and Expendable – Labor, in Mexico, for the US
  by Yves Smith 9:55 am

• Links 7/24/2020
  by Lambert Strether 6:55 am

• Unequal Consequences of COVID-19 Across Age and Income
  by Yves Smith 4:57 am

• Brexit and Inertia
  by Yves Smith 4:00 am

• Why Does Essential Work Pay So Little… And Cost So Much?
  by Yves Smith 12:15 am

July 23, 2020

• 2:00PM Water Cooler 7/23/2020
  by Lambert Strether 2:00 pm

• Indian Farmers Are Staring at Suicide as Modi Government Looks the Other Way
  by Yves Smith 9:55 am

• Links 7/23/2020
  by Yves Smith 6:55 am

• Pathbreaking Public Pension Case Mayberry v. KKR Is Back From the Dead as Kentucky Attorney General Joins Case
  by Yves Smith 6:54 am

• Are American Colleges and Universities the Next Covid Casualties?
  by Yves Smith 5:03 am

• Marketing Is the Original Behavioral Economics
  by Yves Smith 4:42 am

July 22, 2020

• 2:00PM Water Cooler 7/22/2020
  by Lambert Strether 2:00 pm

• How Mitch McConnell’s Hostility to the Unemployment Supplement Puts Ordinary Americans’ Welfare at Risk
  by Yves Smith 9:55 am

• Links 7/22/2020
  by Lambert Strether 6:55 am

• Ohio House Speaker Arrested in Alleged $60 Million Racketeering, Bribery, Money Laundering Scheme; A Window Into Politics in America
  by Yves Smith 6:45 am

• Boeing 737 Max Ungrounding Pushed Back Again; WSJ Sources Say Early 2021
  by Yves Smith 6:40 am

• Random Testing in Indiana Shows COVID-19 is 6 Times Deadlier Than Flu, and 2.8% of the State Has Been Infected
  by Yves Smith 6:39 am

July 21, 2020

• 2:00PM Water Cooler 7/21/2020
  by Lambert Strether 2:00 pm

• Recovery of Collapsed Airline Traffic in the US Backtracks
  by Yves Smith 9:55 am

• Links 7/21/2020
  by Yves Smith 6:55 am

• COVID-19 and the Garment Industry’s Invisible Hands
  by Yves Smith 5:42 am

• Immaculate Deception, Fed Style
  by Yves Smith 3:53 am

• As Covid-19 Patients Skew Younger, Tracing Task Seems All But Impossible
  by Yves Smith 3:18 am

July 20, 2020

• How the SARS-COV-2 Virus Gets In and How to Block It: Aerosols, Droplets, Masks, Shields (with Discussion of Reinfection)
  by Lambert Strether 4:55 pm

• 2:00PM Water Cooler 7/20/2020
  by Lambert Strether 2:00 pm

• Contagious Protests
  by Lambert Strether 9:55 am

• Links 7/20/2020
  by Lambert Strether 6:55 am

• Covid-19 Economic Realities Sinking in as Denialism Wanes, Desperation Rises
  by Yves Smith 6:50 am

• While EU Leaders Squabble, The Elephant in the Room Remains Unnoticed
  by Yves Smith 1:27 am

July 19, 2020

• The Mekong River, Water Wars, and Information Wars
  by Lambert Strether 4:55 pm

• Links 7/19/2020
  by Lambert Strether 6:58 am

• Could Leaving ‘Room for the River’ Help Protect Communities from Floods?
  by Lambert Strether 6:45 am

July 18, 2020

• Links 7/18/2020
  by Yves Smith 6:55 am

• There Can Be No Equality Without a Dramatic Renewal of Employment Opportunity for All American Workers
  by Yves Smith 3:52 am

• Why Africa’s Green Revolution Failed
  by Yves Smith 3:29 am

July 17, 2020

• 2:00PM Water Cooler 7/17/2020
  by Lambert Strether 2:00 pm

• Learning to Love State Capitalism
  by Yves Smith 9:55 am

• Links 7/17/2020
  by Yves Smith 6:55 am

• Misunderstanding Public Pension Fund Implications of Thole v. US Bank and Mayberry v. KKR
  by Yves Smith 6:19 am

• Introducing *An Economic Program for American Democracy*
  by Yves Smith 5:37 am

• “Cancel Culture,” Race and the Greed of the Billionaire Class
  by Yves Smith 12:50 am

July 16, 2020

• Hysteria Ensues as Trump Administration Orders Hospitals to Send COVID-19 Data to HHS, not the CDC
  by Lambert Strether 5:55 pm

• 2:00PM Water Cooler 7/16/2020
  by Lambert Strether 2:00 pm

• Mask Mandates and Other Lockdown Policies Reduced the Spread of Covid-19 in the US
  by Lambert Strether 12:25 pm

• Links 7/16/2020
  by Lambert Strether 6:55 am

• New Study Slams Public Pension Funds’ Alternative Investments as Drag on Performance, Identifies CalPERS as One of the Worst “Negative Alphas”; Shows Folly of CalPERS’ Desperate Plan to Increase Private Equity and Debt and Go Bigger Using Leverage
  by Yves Smith 3:44 am

• The European Union’s Fateful Choices for Recovery – An Italian Perspective
  by Yves Smith 3:31 am

July 15, 2020

• 2:00PM Water Cooler 7/15/2020
  by Lambert Strether 2:00 pm

• COVID-19 Mistakes to Avoid: Don’t Mix Up Prophylaxis and Cure
  by Jerri-Lynn Scofield 10:55 am

• Links 7/15/2020
  by Jerri-Lynn Scofield 6:55 am

• Trump Admin Retracts Rule that Would Have Cancelled Visas for Foreign College Students Who Only Study Online
  by Jerri-Lynn Scofield 6:50 am

• US Corporations a Driving Force Behind ‘Unprecedented Wave’ of Global Land Privatization: Report
  by Jerri-Lynn Scofield 4:25 am

• Coronavirus Shows the Dangers of Letting Market Forces Govern Health and Social Care
  by Jerri-Lynn Scofield 3:25 am

July 14, 2020

• 2:00PM Water Cooler 7/14/2020
  by Lambert Strether 2:00 pm

• COVID-19 Mistakes to Avoid: Don’t Conflate Contact Tracing with Contact Tracing By App
  by Jerri-Lynn Scofield 11:55 am

• Links 7/14/2020
  by Jerri-Lynn Scofield 6:55 am

• Save the Tiger, Shift to other Big Cats: Illegal Wildlife Trafficking and the Rise in Zoonotic Diseases
  by Jerri-Lynn Scofield 6:50 am

• Next Showdown in Congress: Protecting Workers vs. Protecting Employers in the Pandemic
  by Jerri-Lynn Scofield 4:55 am

• Financialization: Tackling the Other Virus
  by Jerri-Lynn Scofield 3:55 am

July 13, 2020

• 2:00PM Water Cooler 7/13/2020
  by Lambert Strether 2:00 pm

• Food Security in the Age of COVID-19: The First Harvest of the Season’s Bounty
  by Jerri-Lynn Scofield 9:55 am

• Links 7/13/2020
  by Jerri-Lynn Scofield 6:55 am

• Wolf Richter: The Great American Shale Oil & Gas Massacre: Bankruptcies, Defaulted Debts, Worthless Shares, Collapsed Prices of Oil & Gas
  by Jerri-Lynn Scofield 6:25 am

• Covid-19 Bankruptcies Bleeding Out Jobs, Economic Capacity
  by Yves Smith 3:13 am

• What to Do if COVID-19 Is Here to Stay
  by Yves Smith 3:07 am

July 12, 2020

• Federal Judge Nixes Part of Glyphosate Settlement That Would Allow a Panel of Scientific “Experts”, Rather Than Juries, to Decide Whether the Chemical is Carcinogenic for Future Claims
  by Jerri-Lynn Scofield 9:55 am

• Links 7/12/2020
  by Jerri-Lynn Scofield 6:55 am

• With Covid-19 Deaths on the Rise, Hardest-Hit States Report Hospitals are Near Capacity Following Early Reopenings
  by Jerri-Lynn Scofield 6:25 am

July 11, 2020

• Links 7/11/2020
  by Lambert Strether 6:55 am

• Another Town Is Possible: Community Wealth Building in the Basque Country
  by Yves Smith 2:02 am

• Why Relentless Labor Rights Enforcement Will Make or Break the New NAFTA
  by Yves Smith 1:27 am

July 10, 2020

• 2:00PM Water Cooler 7/10/2020
  by Lambert Strether 2:00 pm

• Biden Defends Undying Allegiance to For-Profit Healthcare During Interview With Dying Medicare for All Advocate Ady Barkan
  by Yves Smith 9:55 am

• Links 7/10/2020
  by Lambert Strether 6:55 am

• Unemployment Claims Hit New Record: 32.9 Million State & Federal. Week 16 of U.S. Labor Market Collapse
  by Yves Smith 4:41 am

• Let the Predation Begin! CFPB Rolls Back Obama-Era Payday Loan Protections
  by Yves Smith 4:05 am

• Beneficiary Uproar Over CalPERS Fraudulent Investment Strategy Claims in E-Mail Blast
  by Yves Smith 3:13 am

July 9, 2020

• 2:00PM Water Cooler 7/9/2020
  by Lambert Strether 2:00 pm

• Big Pharma Wants to Pocket the Profits From a COVID Treatment You Already Paid For
  by Yves Smith 9:55 am

• Links 7/9/2020
  by Yves Smith 6:55 am

• Private Equity and the Pandemic: Brace for Impact…Investing (Part II)
  by Yves Smith 6:02 am

• NY Department of Financial Services Fines Deutsche Bank Over Jeffrey Epstein Abuses; Where Are the Feds?
  by Yves Smith 5:06 am

• Will the E-Money Boom Make the UK a Hub of Money Laundering?
  by Yves Smith 12:47 am

July 8, 2020

• 2:00PM Water Cooler 7/8/2020
  by Lambert Strether 2:00 pm

• “Warren’s Eviction Bill Is Economically and Politically Savvy”
  by Yves Smith 9:55 am

• Links 7/8/2020
  by Lambert Strether 6:55 am

• Private Equity and the Pandemic: Brace for Impact…Investing
  by Yves Smith 6:12 am

• Brexit: Running Down the Clock?
  by Yves Smith 5:10 am

• After Years of Underfunding, Now Public School Teachers Are Supposed to Save the Nation’s Economy?
  by Yves Smith 12:57 am

July 7, 2020

• 2:00PM Water Cooler 7/7/2020
  by Lambert Strether 2:00 pm

• COVID-19 ‘Please Tell Me My Life Is Worth A LITTLE Of Your Discomfort,’ Nurse Pleads
  by Yves Smith 9:55 am

• Links 7/7/2020
  by Yves Smith 6:58 am

• Key CIA-Backed Ally Indicted for Organ Trade Murder Scheme
  by Yves Smith 6:49 am

• Universities in a Mess Over Upcoming Year; Some Reopenings Meeting Fierce Resistance
  by Yves Smith 5:42 am

• Time for the West to Embrace Chinese Industrial Policy, Not Eliminate it
  by Yves Smith 3:06 am

July 6, 2020

• Can Davos Man Punch the “Great Reset” Button?
  by Lambert Strether 4:55 pm

• Exiting the Vampire Castle
  by Lambert Strether 12:25 pm

• Links 7/6/2020
  by Lambert Strether 6:55 am

• Hubert Horan: Can Collateralizing Frequent Flyer Programs Help Save the US Airlines?
  by Yves Smith 5:23 am

• Risking Nuclear War for Dollars
  by Yves Smith 4:41 am

July 5, 2020

• 2020’s Plague of Locusts Spreads to Indian Subcontinent and South America
  by Lambert Strether 4:55 pm

• Links 7/5/2020
  by Lambert Strether 6:55 am

• Three Strikes against the Fed
  by Lambert Strether 6:45 am

July 4, 2020

• Links 7/4/2020
  by Yves Smith 6:55 am

• How Largely Hidden Trends Are Shattering the Global Trade System
  by Yves Smith 3:58 am

• Is Donald Trump Likely to Resign?
  by Yves Smith 3:02 am

July 3, 2020

• 2:00PM Water Cooler 7/3/2020
  by Lambert Strether 2:00 pm

• Links 7/3/2020
  by Yves Smith 6:55 am

• “A Scandal’: Contracts Show Trump Giving Big Pharma Free Rein to Price Gouge Taxpayer-Funded Coronavirus Drugs
  by Yves Smith 4:48 am

• Education 101: Don’t Open a New Charter School in the Middle of a Pandemic
  by Yves Smith 4:26 am

July 2, 2020

• 2:00PM Water Cooler 7/2/2020
  by Lambert Strether 2:00 pm

• Some New Climate Models Are Projecting Extreme Warming. Are They Correct?
  by Yves Smith 9:55 am

• Links 7/2/2020
  by Lambert Strether 6:55 am

• How Much More Cash Can Uber Burn?
  by Yves Smith 5:46 am

• Lots of Brain-Dead Misreporting About the Case-Shiller Home Price Index this Morning
  by Yves Smith 4:30 am

July 1, 2020

• New Complaint With California Watchdog Charges CalPERS Board Member Theresa Taylor With Perjury for Filing False Declarations That Hid Over $30,000 of Income; Follows Fines of Board President Jones for Campaign Violations
  by Yves Smith 7:15 pm

• 2:00PM Water Cooler 7/1/2020
  by Lambert Strether 2:00 pm

• The Good, the Bad, and the Ugly About the Fed’s New Credit Allocation Policy
  by Yves Smith 9:55 am

• Links 7/1/2020
  by Yves Smith 6:55 am

• Beneath the Bluster, Boris Johnson’s ‘New Deal’ Offers Nothing New
  by Yves Smith 6:12 am

• Los Angeles Hit Hard by Implosion of Freelance Work
  by Yves Smith 5:38 am

• The Federal Government Always Money-Finances Its Spending: A Restatement
  by Yves Smith 3:30 am