Monday, August 20, 2018

2:00PM Water Cooler 8/16/2018

Today’s Water Cooler: NAFTA, Warren on Yemen, Democrats, Manafort, Brennan, young voters, Shay’s Rebellion, business outlook, housing starts, retail, shipping, containers, CEO pay, relocation, akrasia, Aretha Franklin

Ten Years After the Crash, Some Progress, But Much More Remains to be Done

A reading of what has changed since the crash and what problems remain.

Links 8/16/18

Hubert Horan’s Quick Take on Uber’s Second Quarter Results

Uber’s latest financial report confirms Hubert Horan’s predictions.

Why Elizabeth Warren’s Accountable Capitalism Act Will Be Good for Shareholders

Why shareholders are getting a raw deal out of the misguided corporate fixation on “maximizing shareholder value,” and Elizabeth Warren’s new bill is therefore good for them.

Sacramento Bee Fingers CalPERS CEO Marcie Frost, General Counsel Matt Jacobs, and Board President Priya Mathur in Asubonten Resume Fabrication Scandal

Even the Sacramento Bee is compelled to call out CalPERS executives for their failure to do basic checking when hiring former CFO Charles Asubonten.

France Could Lose Billions In Brexit Trade Route Redirection

How French ports and hence France look set to lose in Brexit.

2:00PM Water Cooler 8/15/2018

Today’s Water Cooler: China trade, Warren’s corporate governance proposal, midterms, productivity, inventories, retail, Elon Musk, UPS contract, infrastructure, economic anxiety, cash

The CFA Franc Zones: Neocolonialism and Dependency

How France still exerts influence over the CFA franc zone.

Links 8/15/18

Rethinking Social Progress in the 21st Century

A new report examines the path to global social progress. Unfortunately, there are no easy answers.

Gaius Publius: Progressives Ask Why So Many Unions Seem Anti-Progressive

Progressives are waking up to the fact that most unions are not on their side.

Donald Trump, Gun-Runner for Hire

Not only does America love guns but the Administration really loves gun merchants.

2:00PM Water Cooler 8/14/2018

Today’s Water Cooler: Tariff equilibria, Avenatti in Iowa, Pelosi, midterms, Wesley Bell, Strzok, paper ballots, antifa, small business optimism, single payer, out-of-network billing, collections, rain forests

Plastics: Don’t Microwave, or Place in the Dishwasher

American Academy of Pediatrics highlights health concerns for children from plastics, and recommends reducing use of plastics, and not microwaving them or placing them in the dishwasher.