Sunday, July 26, 2026

Wheels Come Off for Tories. Update: Truss Resigns

The Tories, who not long ago seemed poised to permanently cripple Labour, are now in a remarkable crisis with no ready exit.

How Corporations “Get Away With Murder” to Inflate Prices on Rent, Food, and Electricity

Antitrust expert Hal Singer shows how big businesses in certain industries are jacking up prices far beyond their cost increases.

2:00PM Water Cooler 10/19/2022

~ Today’s Water Cooler ~

Brussels Provides Not-So-Subtle Input on Italy’s Next Government

By Conor Gallagher While incoming Italian Prime Minister Giorgia Meloni and her Brothers of Italy Party (Fdl) certainly provide plenty of nationalist and culture war sound bites, they will ultimately be forced to follow EU and NATO marching orders, or they won’t be in power very long. Now that two cabinet picks from Meloni and […]

Links 10/19/2022

What Next in the Electric War for Ukraine – How Marshal Kutuzov’s Golden Bridge for Napoleon’s Retreat Is Working Today

John Helmer’s update on the logic and progress of Russia’s attacks on the Ukraine electric grid.

Diesel Crisis Deepens As Inventories Fall To Dangerous Levels

Diesel fuel is in scarcer supply than ever. Shortages coming?

The Sveriges Riksbank Counterfeit Nobel Award Goes to Bernanke et al. for the Wrong Model

Diamond-Dybvig-Bernanke is a flawed model of banking that has no room for a lender of last resort

2:00PM Water Cooler 10/18/2022

~ Today’s Water Cooler ~

Vietnam Army General Giap on How To Win, British Armchair General Freedman on How To Lose

Sir Lawrence Freedman declares victory for Ukraine is inevitable because Putin.

Links 10/18/2022

EU Commission Is Pushing EU Countries to Accept Joint Gas Purchases, Just As It Did With COVID-19 Vaccines

That those vaccine purchases are now under investigation by EU Public Prosecutors doesn’t seem to matter. The Commission wants a direct role in EU Member States’ purchases of gas and, if possible, weapon

NOPEC Bill Would Mean the End Of Aramco and OPEC as We Know Them

The US is seriously considering yet another self-destructive move: bringing the Saudis to heel via a frontal legal/sanctions attack on OPEC.

Progressives Say New Midterm Poll Must Be ‘Wake Up Call’ to Democrats

“Democrats should close the election with a clear argument about who is prepared to fight for the working class.” Can they?

2:00PM Water Cooler 10/17/2022

~ Today’s Water Cooler ~