Status of Banks’ Unrealized Losses in Q1: Worsened After Brief Rate-Cut-Mania Relief
US banks are still sitting on losses, with Fed relief nowhere in sight.
Read more...Category Archives: Regulations and regulators
IM Doc on the Accelerating Decline in American Medicine
On the rot in US medicine….and as you might expect, it started from the head.
Read more...Clues From Bird Flu’s Ground Zero on Dairy Farms in the Texas Panhandle
The failures is the US response to the bird flu outbreak are piling up.
Read more...National Grid Wants to Heat More Homes With Converted Food Waste — and Make You Pay For It
National Grid’s biogas plant is performing poorly, as shown by downtimes and methane flaring, yet it wants more consumer subsidies to expand.
Read more...US Affordable Housing Policy Works for Wall Street and Rich Developers, Not Renters
Current policy doesn’t provide affordable housing very well but does a good job of lining the pockets of real estate interests.
Read more...Defending Privacy in the Surveillance State and Fragmenting Internet
Governments and private entities are eroding privacy on the internet. Is it possible to safeguard both openness and security in cyberspace?
Read more...New Palestine Protest/Free Speech Threat: House Oversight Committee Targets 20 Pro-Palestinian Organizations, Such as Bill & Melinda Gates Foundation, Demanding Treasury Produce Suspicious Activity Reports, Including on Employeees
A new salvo against designated enemies, aka Palestinian rights advocates, which fortunately is more bark than bite.
Read more...In the Race for Space Metals, Companies Hope to Cash In
Mining asteroids could, in theory, reduce the burden on Earth’s resources. What could go wrong?
Read more...Michael Hudson: Parallels Between Archaic Entrepots and Modern Offshore Banking Centers
There is perilous little that is novel in modern finance. Our offshore, as in tax havens, have analogues in the ancient world.
Read more...UK Banks Will Go Bust Because of Climate Change
The UK has low-lying terrain that has nevertheless been developed and will go underwater with climate change and take a lot of banks with it.
Read more...Tuberculosis Emergency in California After Death in Homeless Shelter Outbreak; Follows Chicago Migrant Shelter Cluster and Earlier IM Doc Anecdata
The rise in tuberculosis cases as an indictment of US public health and immigration policy.
Read more...Are the BRICS and Their New Development Bank Offering Alternatives to the World Bank, the IMF?
An assessment of how far BRICS has gotten in creating new monetary arrangements and institutions. The short version is “not very”.
Read more...After Much Posturing, US Imposes (So Far) Underwhelming Sanctions Against China for Russia Trade
After sending Yellen and Blinken to China to make threats, the Administration has imposed some strikingly weak sanctions
Read more...TaxCast #142: Blockchain Havens
How blockchain/crypto tax havens are displacing traditional tax havens.
Read more...AC, Power Banks, Mini Fridges: Oregon Equips Medicaid Patients for Climate Change
Health insurers like Oregon’s Medicaid find it cost effective to give patients equipment to protect them from heat as well as wildfire smoke
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