A surprising but welcome smackdown of the Purdue Pharma settlement that would have let the Sacklers secure their considerable loot.
Recent Items
Thursday, November 6, 2025
Mirabile Dictu! Appeals Judge Rejects $4.5 Billion Purdue Pharma Opioid Settlement for Giving Sacklers Release from Civil Suits
Topics: Banana republic, Health care, Legal, Politics, Social policy
Posted by Yves Smith at 6:31 am | 18 Comments »
2:00PM Water Cooler 12/16/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 99 Comments »
Build Back Better Verges on Collapse as Manchin Attempts to Kill Child Tax Credit
How Manchin is putting a lump of coal in Biden’s Christmas stocking.
Topics: Banana republic, Free markets and their discontents, Guest Post, Income disparity, Infrastructure, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 90 Comments »
Links 12/16/2021
Topics: Links
Posted by Yves Smith at 6:55 am | 124 Comments »
Omicron: Fog of Information and Definitions
More Omicron updates and musings.
Topics: Doomsday scenarios, Dubious statistics, Health care, Media watch, Pandemic, Science and the scientific method
Posted by Yves Smith at 6:54 am | 114 Comments »
Thomas Ferguson: Is the U$A a Democracy?
Thomas Ferguson, a top expert on money and politics, weighs in on how much democracy is there with so much wealth and power in so few hands.
Topics: Banana republic, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Income disparity, Pandemic, Politics, The destruction of the middle class
Posted by Yves Smith at 5:38 am | 27 Comments »
Colorado Hospitals in ‘Critical Condition’ as State Weathers Another Surge
Vignettes on how care gets compromised as hospitals start to be overwhelmed.
Topics: Doomsday scenarios, Guest Post, Health care, Pandemic, Politics
Posted by Yves Smith at 4:56 am | 53 Comments »
2:00PM Water Cooler 12/15/2021
By Lambert Strether of Corrente. Bird Song of the Day Nice and long, so you can make your coffee now. Another migratory bird (with accompaniment). * * * #COVID19 Lots of charts today: Vaccination by region: A roller coaster. More data problems? (I have also not said, because it’s too obvious, that if by Bubba […]
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 129 Comments »
Being Rich Does Not Make You More Generous. It Makes You Meaner.
Why relying on the kindness of strangers, particularly rich ones, is not such a hot idea.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Income disparity, Politics, Social policy, Social values, Taxes, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 92 Comments »
Links 12/15/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 140 Comments »
‘If We Want to Tackle Climate Change, We Want Them to Go Bankrupt … Right?’
Yes, Biden is sabotaging the climate, just like the other guy…but that’s not why Saule Omarova nomination as Controller of the Currency failed
Topics: Banana republic, Banking industry, Global warming, Guest Post, Politics, Regulations and regulators
Posted by Yves Smith at 4:30 am | 24 Comments »
The US Doesn’t Have Enough Faculty To Train the Next Generation of Nurses
Nurses’ ranks were being hollowed out even before Covid due to not instructing enough to fill rising needs. That shortfall getting worse.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Income disparity, Pandemic, Social policy
Posted by Yves Smith at 3:39 am | 25 Comments »
Cornell Goes Code Red, Cancels Most Campus Activities During Covid Spike with “Very High Percentage” Omicron in Fully Vaxxed
The Cornell “Alert Level Red” with “very substantial” Omicron cases among the fully vaxxed and boosted confirms Omicron’s contagiousness.
Topics: Doomsday scenarios, Health care, Pandemic, Risk and risk management, Social policy
Posted by Yves Smith at 11:20 pm | 98 Comments »
2:00PM Water Cooler 12/14/2021
~ Today’s Water Cooler: Open thread ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 114 Comments »
Amazon’s Deathtrap Warehouse in Edwardsville, IL: Will Bessemer, AL Be Next?
Social murder in Edwardsville.
Topics: Banana republic, Guest Post, Income disparity, Infrastructure, Regulations and regulators
Posted by Lambert Strether at 1:55 pm | 36 Comments »


