Thursday, January 1, 2026

Links 8/24/2022

Biden’s Gimmie to the Higher Educational Complex and Well-Off, Dem Leaning Voters: The $10,000 Student Loan Writeoff

There’s a lot not to like about the Biden student loan forgiveness scheme.

Iran And Russia Move To Create A Global Natural Gas Cartel

The emerging Russia-Iran gas OPEC is yet another threat to Western economies.

2:00PM Water Cooler 8/23/2022

~ Today’s Water Cooler ~

Most Bleak Federal Report Yet on High-Tide/Sunny-Day Tide Floods

Tide floods on otherwise normal high tide days are yet another global warming warning sign.

Links 8/23/2022

Are “Payment Strikes” About to Become a Regular Feature of the Economic Landscape?

The reemergence of “payment strikes” is perhaps a sign that as economic conditions deteriorate, people will begin to leverage the only real power they have left in today’s hyper-consumerist societies — i.e., as consumers. 

The Hope of What Was Once Called a Decent Living Has Departed for the Average Household

The UK is a serious and worsening cost of living crisis that’s impoverishing the former middle class. What will the political fallout be?

China as a Developmental State: Indigenous Innovation and Global Competition

China chose a successful technological development path, in contrast to the corporate financialization model in the United States.

2:00PM Water Cooler 8/22/2022

~ Today’s Water Cooler ~

The Australian Labor Party Embraces the Authoritarianism of a Political System in Crisis

By John McGregor, a translator and political violence researcher Australia is currently lurching from one revelation to another through a constitutional crisis that nobody near power will acknowledge the severity of. As it emerges that the former Liberal Prime Minister Scott Morrison secretly appropriated a number of ministerships for himself, the now-ruling Labor Party is […]

Links 8/22/2022

Some Rural Hospitals Are in Such Bad Shape, Local Governments Are Practically Giving Them Away

John here. This article provides an interesting view of the economics of rural hospitals, which are closing at an alarming rate. In particular, it highlights how counties often negotiate from desperately weak positions, even when they have invested in the infrastructure. Another recent KHN article reported on the start-up Noble Health, which took over two […]

Republicans Are Being Mean to the IRS, Not That the Democrats Are Helping

It may seem peculiar to offer a defense of sort to the IRS, since most people here regard doing their taxes with even less enthusiasm than a visit to the dentist (although attitudes depend very much on the state of one’s finances and teeth). However, the reporting on the Democratic Party plan to increase IRS […]

Europe’s Gas Price Is Now Equivalent To $410 Per Barrel Of Oil

How LNG scarcity is playing into Europe’s gas woes, and other markets are set to feel the effects of the LNG price squeeze.