Thursday, June 26, 2025

Hunter Biden Plea Deal Collapse: Dirty, Desperate Dealings in Delaware

Hunter Biden seems to have quite the affinity for hot water. Judge Noreika has sent his irregular plea deal back to the drawing board.

Energy Destinies – Part 7: Endgames – The Strait Jacket

A look at population growth and energy consumption shows that there is no way the world will change behavior enough to stop worst outcomes

The Balloon Goes Up – How Far Will The Nato Allies Go To Fight Their Losing War in The Ukraine — How Much More Will They Risk Losing of Their Post-1945 Territorial Gains?

Putin has cleared his throat to warn against NATO/Poland incursions into Western Ukraine. But will this red line too be ignored?

2:00PM Water Cooler 7/26/2023

~ Today’s Water Cooler ~

Former Apollo Chief Leon Black Has More Jeffrey Epstein ‘Splaining To Do with Tax Evasion, Alleged Rape of Autistic 16 Year Old

Shed a crocodile tear. Former private equity kingpin Leon Black is back in hot water thanks to his dealings with child rapist Jeffrey Epstein

Links 7/26/2023

The EU-Indonesia Fight Over Nickel and Who Gets to Own the Clean Energy Future

The situation also provides another example of the challenges of “derisking” from China. 

Decades of Public Messages about Recycling in the US Have Crowded Out More Sustainable Ways to Manage Waste

Why trying to tackle trash with recycling is too little, too late.

‘Time for Congress to Act’: Sanders, Scott Unveil $17 Federal Minimum Wage Bill

Another push for a minimum wage boost. The gap between the $17 target and the current level of $7.25 an hour is a yawning chasm.

2:00PM Water Cooler 7/25/2023

~ Today’s Water Cooler ~

The Admissions Game

Quelel suprise! A new paper shows the very rich do very well in getting admitted to elite colleges. But why, exactly?

Links 7/25/2023

No Joke: Ursula Von der Leyen’s EU Commission Just Received “World Prize for Peace and Freedom”

Few political figures have done more to keep Ukrainians fighting — and dying in huge numbers — in a bloody, futile proxy war of attrition than Von der Leyen.

Russian Central Bank Governor Elvira Nabiullina and Head of “BRICS Bank” Throw Cold Water on BRICS Currency Project

We’re late to a story that interestingly has been very much under-reported, perhaps because it is contrary to the anti-globalist narrative….already a minority faction in the Anglosphere. We’ve said for some time that the prospects for replacing the dollar are a long way away, even more so with a newly-created, reserve currency aspirant. Our views […]

James Galbraith: How Central Bank Myths and Practices Support Financiers and Dollar Hegemony

Sadly, some bank-serving fables are very durable, so James Galbraith has (yet another) go at them.