Category Archives: Pandemic

Wall Street’s Useful Idiot: Financial Times Shills for CLOs….as Fed Hasn’t Bailed Them Out

A major story on the CLOs chooses not to address the key questions.

Reminder: When the Very Very Rich Are Done With Us, They Plan to Leave Us Behind

More evidence, as if you needed it, that the super rich are not your friends.

America’s Chilling Experiment in Human Sacrifice

The US is willing to practice human sacrifice, rather than explore a way of defining wealth outlined by 19th-century thinker John Ruskin.

Reopening Isn’t Reopening—It’s Cutting Off Unemployment

In case you wondered why conservative states are all gung ho about reopening….

Congress and Corporations Join Forces To Crush American Small Business

Funny how that small business bailout worked…..

Is EIA Data Disguising A Disastrous Decline In U.S. Shale?

Tallying some of the recent shale production cuts.

The Wealth Effects of Bailouts: A Quantitative Assessment

Once again, income earned by the many is used to save the wealth of the few.

Foreign Affairs Runs Propaganda from Swedish Employers on Sweden’s Covid-19 Fiasco, Failing to Disclose Sponsorship and Misrepresenting Results

Foreign Affairs runs “dangerous to your health” propaganda from the Sweden without informing its readers.

US Commercial Real Estate Prices Plunged in April, Mall Prices Collapsed

Looking at the bloodbath in commercial real estate…..and worse is almost certainly in store.

From the Blitz to COVID-19, Our Rulers Have Got Us Wrong

Covid-19 as yet another opporutnity for elite prejudice.

Analysis: We Knew The Coronavirus Was Coming, Yet We Failed 5 Critical Tests

The Coronavirus stress test has laid bare a market that is broken, lacking the ability to attend to the public health at a time of desperate need and with a government unwilling — in some ways unable — to force it to do so.

Coronavirus Magical Thinking, US Style: Contact Tracing Versus Masks

With bad coronavirus outcomes, America seems set on continuing to do dumb things.