Friday, March 23, 2018

Fifth Circuit Axes Fiduciary Rule: Over to the SEC

A panel of the United States Court of Appeals for the Fifth Circuit last week axed the fiduciary rule– which the Trump Labor Department had delayed implementing. Now what? It’s over to the SEC.

Links 3/18/18

Criminalizing Peaceful Pipeline Protests: Are Oil Billionaires Trying to Undermine Our First Amendment Rights?

RNN interview discussing oil funding of state measures to criminalize peaceful pipeline protest as ‘eco-terrorism’. Penalties up to 25 years in jail and $100 k in fines. Others to follow?

Links 3/17/18

Economists Shocked That China Invalidates Their Pet View That Economic Liberalization Producers Political Liberalization

Another economic fantasy, that the trade liberalization promotes the spread of democracy, takes some hard knocks from China.

NYC’s Fauxgressive Mayor De Blasio Turning into a Charter School Cheerleader

De Blasio again shows that he does not live up to his progressive branding.

Announcing Tucson Meetup for Friday, April 6

Calling Tucson! Please come to the first NC meetup there on April 6!

2:00PM Water Cooler 3/16/2018

Today’s Water Cooler: Mexico and NAFTA, PA-18, self-loathing Democrats, industrial production, consumer sentiment, housing, cobalt, robot cars, Miami bridge, Apuleius, health care, Cooper Union

How Well Does Financial Regulation Work?

Sadly, reactive regulations don’t have a great track record.

Links 3/16/18

Jay Clayton’s SEC Lets Theranos Founder Elizabeth Holmes Get Away With Brazen Fraud

The SEC did Elizabeth Holmes a monster favor with its pathetic settlement over her “massive” Theranos fraud.

Thousands of Students Protest Gun Violence

A first-hand report on some of the student gun protests in California.

Senate Expands ‘Lobbyist Bill’ to Deregulate Real Estate

Why the plan to weaken regulation of commercial real estate lending isn’t such a hot idea.

2:00PM Water Cooler 3/15/2018

Today’s Water Cooler: KORUS, Sanders, PAi-18, Larry Krasner, identity politics, business outlook, manufacturing, AirBnB, Tesla, Blue Apron, Amazon, country music, Ides of March

Bottled Water, Brought to You by Fracking?

A new reason not to like bottled water.