Wolf Richter: Coronavirus Drives Barrage of New Lobbying Activity
Follow the money – Congressional lobbying activity and who wins and who loses from coronavirus relief.
Read more...Category Archives: Politics
Who Benefits When the Price of Insulin Soars?
Contrary to pharmaceutical company claims, revenue from high insulin prices are going to shareholders, not R&D
Read more...Oil, Gas, Petrochemical Financial Woes Predate Pandemic — And Will Continue After, Despite Bailouts, Report Finds
Problems with the oil, gas, and petrchemical industries predate the COVID-19 pandemic – and now will be even more difficult to rseolve.
Read more...#DemExit Now: How the Democratic Party Cheated Bernie Sanders Out of the Nomination
How the Dems played dirty with Sanders.
Read more...CalPERS Staff Seeks to Strip Board of Remaining Authority Even as Press Exposes Multi-Billion Cost of Lack of Supervision; Elected Board Members Thumb Nose at Public by Seeking to Be Paid for Doing Almost Nothing
CalPERS staff is up to more dirty tricks. Push back by e-mail in public comments. Bad press already has them on the back foot.
Read more...DemocracyWatch: Global Pandemic Power Grabs
Yet another pandemic downside….
Read more...Lockdown Rebelliousness: Denying that Coronavirus Is in Charge
The supposed irresistable force of the economy is losing out to the immovable object of the coronavirus.
Read more...The New Fault Lines in a Post-Globalized World
Coronavirus is smashing up the economic and political order. What sort of world comes next?
Read more...The Really Really Yucky Airlines Bailout
The airlines are at the trough. It’s not quite as unseemly as the 2008 bank bailouts, but that’s an awfully low bar.
Read more...Massachusetts Recruits 1,000 ‘Contact Tracers’ To Battle COVID-19
Some spots in America are staring to get serious about contact tracing to limit coronavirus spread. But can they commit the resources?
Read more...Damning New Story on CalPERS Sacrificing $1 Billion Hedge Profits Confirms Doubts About Chief Investment Officer Ben Meng’s Competence
More evidence that CalPERS Chief Investment Officer Ben Meng is over his head.
Read more...Fatal Combination: Bailouts and Bank Rescues in Money-Driven Political Systems
A tidy case study into how much money it takes to buy Congressional votes.
Read more...Somebody Needs to Tell Chuck Schumer that the Entire Working Class Is “Heroic,” Not Just “Essential Workers”
Schumer’s “Heroes Fund” would create a new labor aristocracy
Read more...Some Comments on the Sanders Campaign
Thoughts on the Sanders kneecapping.
Read more...Mark Blyth and Jeffrey Sommers: Austerity – A Dangerous Idea Returns
Why more austerity is one of the worst possible responses to the pandemic….yet the US is seeing even more of it.
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