Saturday, February 7, 2026

CalPERS Cooks the Books While Taking an Unnecessary Loss to Exit $6 Billion of Private Equity Positions

CalPERS has just made an openly value-destroying sale of private equity holdings. So who at CalPERS is benefitting from this gift to buyers?

2:00PM Water Cooler 7/7/2022

~ Today’s Water Cooler ~

Widely Used Hospital Gowns Show Signs of Exposing Workers to Infection

Visibly filmsy “isolation” gowns, OK’d by the CDC for Covid and other infectious disease care, have been found by a new study to be unsafe.

Links 7/7/2022

The G7 Is Still Pushing Its Nutty Russia Oil Price Cap Idea

A new effort to punch Russia in the nose look as likely to backfire as earlier attempts, charitably assuming the scheme gets off the ground.

FBI Now Joins in China Warmongering in Bizarre Speech in London with MI5 About Taiwan, Intellectual Property Theft

The US is really really out to heat things up with China…

Fossil Fuel Interests Are Behind Canada’s Blue Hydrogen Push

Fossil fuel producing Canada is promoting the blue hydrogen con.

2:00PM Water Cooler 7/6/2022

~ Today’s Water Cooler ~

NYC Doctors, Doulas, Activists Prep for a Massive Influx of Abortion Seekers

At a grassroots level, New York advocates have long been helping women where abortion is effectively unavailable. Now, they’re doing even more

Links 7/6/2022

The Coming Sanctions-Induced Economic Tsunami?

It does not take much in the way of prognostication skills to anticipate that things can get way way worse on the economic front.

Welfare Can Discourage Crime More Than It Discourages Work

Who’d have thunk it? Income support, such as welfare, reduces crime.

Boris Johnson Death Watch

Boris Johnson agonistes.

2:00PM Water Cooler 7/5/2022

~ Today’s Water Cooler ~

Supremes Kayo Climate Change Regulation: West Virginia v. EPA

The Supreme Court last week scuppered the ability of the EPA to implement climate change regulation under the Clean Air Act- absent further action by Congress.