Category Archives: Guest Post

2:00PM Water Cooler 5/23/2019

Today’s Water Cooler: Beyond trade war with China, Biden, Sanders, Iowa caucus, “divisiveness,” jobless claims, manufacturing, new home sales, trucking deterioriates, robot trucks, Tesla plunges, Apple services, Amazon, infrastructure debacle, Friday climate strikes, Jack London, dopamine

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Public-Private Partnerships Fad Fails

After the failure and abuses of privatization became apparent, public-private partnerships have since been promoted to mobilize private finance for the public purpose. PPPs have socialized costs and losses while ensuring private financial gains.

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Bill Black: Ocasio-Cortez & Sanders Introduce Bill to Cap Credit Card Interest Rates at 15%

Ocasio-Cortez and Sanders introduce legislation: they call it Loan Shark Prevention, which would allow post offices to act as banks and cap interest rates at 15%, but credit card companies claim it would hurt the poor.

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