Wednesday, July 2, 2025

Do Billionaires Destroy Democracy and Capitalism?

The US can draw on its Gilded Age to bring its billionaires to heel.

Links 12/17/2020

Further Discussion of the Red Flags in the Pfizer Vaccine Paper in the New England Journal of Medicine

Responding to critics of a post on the Pfizer vaccine paper and editorial.

Study of 50 Years of Tax Cuts For Rich Confirms ‘Trickle Down’ Theory Is an Absolute Sham

Another nail in the trickle down economics coffin. Too bad that vampire-like, it keeps coming back.

Americans’ Hunger During the Coronavirus Pandemic – Here’s What’s Happening in Los Angeles County

More and more Americans are suffering from hunger due to Covid economic stress, as Los Angeles demonstrates.

2:00PM Water Cooler 12/16/2020

~ Today’s Water Cooler ~

Congress to Pass $17 Billion Bailout of Airlines, to Top Off Prior Bailout

Airlines are back at the trough while more and more Americans go hungry.

Links 12/16/2020

China Retrenches on Belt and Road Initiative as Defaults Rise

More on “Whither China?”

Brexit: Too Late for Fudge?

The options for extending the Brexit runway don’t look promising.

Market Capitalism

Some musings about late-stage capitalism and what it might take to fix it.

2:00PM Water Cooler 12/15/2020

~ Today’s Water Cooler ~

John le Carré Was a 21st Century Writer

Le Carré as a subversive anti-imperialist.

Links 12/15/2020

City of London Frets About Life After 2020

The City’s vast financial services sector benefited hugely from the creation of the euro. Now, a large part of that business is at risk.