Category Archives: Guest Post

2:00PM Water Cooler 3/27/2023

~ Today’s Water Cooler ~

Links 3/27/2023

FDIC Sells Much of Silicon Valley Bank to First-Citizens Bank. Total Cost of SVB Collapse to Deposit Insurance Fund: $20 Bn

Even collapsed banks have lots of assets that the FDIC sells to cover the costs to the Fund. Signature Bank collapse costs the Fund only $2.5 billion

How Debt Dynamics Polarize Economic and Political Power

An overview from Michael Hudson’s new book, The Collapse of Antiquity, which extends his analysis of how debt creates an entrenched elite.

Please Keep Off the Grass!

Breaking the power of the Lawn Industrial Complex.

Links 3/26/2023

Sen. Sanders Shows Fire, but Seeks Modest Goals, in His Debut Drug Hearing as Health Chair

“What am I missing in thinking that it’s cruel to make a medicine that people can’t afford?”

Links 3/25/2023

The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point

The media introduction to Michael Hudon’s newest book, The Collapse of Antiquity.

Artificial Intelligence in Medicare Advantage Plans Impedes Access to Care

Another reputable body reports more examples of Medicare Advantage plans using AI to engage in insurance fraud.

Crash Landing? Part 2 – The Usual Suspects

What parts of the financial system are most vulnerable to a crash?

The Pushback Against Biometric Surveillance and Control Systems Is Growing on Both Sides of the Atlantic

“Taking our data without notice isn’t convenient, it’s creepy.”

What’s Actually Behind the Banking Crisis? Why You Pay When They Play.

Law and economics expert Walker Todd explains how a financialized system creates havoc and why it’s time to rethink banking