Sunday, September 14, 2025

The Bullshit Economy: Homebuying “Help”

Introducing “The Bullshit Economy” from Jared Hoist, on products and companies that exist solely to exploit policy failures, in a bad way.

Department of Pre-Crime: Left-Wing Protester Arrested by FBI for Being on a “Path to Radicalization”

In the real world, the one we’re in now, the Department of Pre-Crime will not be this much fun. Nor will the good guys win.

A Big Fiscal Push is Urgent, The Risk of Overheating Is Small

The $1.9 trillion fiscal stimulus should be large because the need is large.

2:00PM Water Cooler 3/2/2021

~ Today’s Water Cooler ~

Elder Care Company “Home Instead” Transfers Reported Thief to Another Client; Endangers Client Welfare and Violates Own Contract

How the agency Home Instead has mistreated my 93 year old mother and will be reported to the State of Alabama for elder abuse.

Links 3/2/2021

Pfizer’s Sordid Vaccine Sales Practices in Latin America Could Be a Big Boon for China and Russia

Vaccine politics could end up nudging countries in the region even deeper into China’s orbit. As vaccines fail to materialise, doctors turn to cheap, widely available drugs such as Ivermectin.

US ‘Excess Savings’ Are Not Excessive

Mr. Market believes the US economy is about to take off due to lots of pent-up demand. The savings story doe not support that happy view.

Neoliberal Finance Undermines Poor Countries’ Recovery

Neoliberal economic policies were bad enough, but now Covid vaccine hoarding/rentierism has delivered a second blow to poor nations.

Since Google Suppressed My Post on the CDC, School Reopening, and Aerosols, I’m Re-Posting It

Google spills its secret sauce

2:00PM Water Cooler 3/1/2021

~ Today’s Water Cooler ~

Analysis: How Exxon Is Being Forced To Accept The Reality Of Bad Fossil Fuel Investments

With the pile of debt facing Exxon — debt that increased by over $20 billion in 2020 and is expected to increase by as much as another $8 billion this year — the truth about whether the oil company really is “stronger” should become obvious soon enough.

Links 3/1/2021

Recent Judge Rakoff Decision May Curb Private Equity Leverage Abuses By Pinning Liability on Directors of Selling Company

Some of the worst private equity practices, like buyers pulling out more cash at closing than they put in, were targeted by a recent ruling.

How Does the Johnson & Johnson Vaccine Compare to Other Coronavirus Vaccines? 4 Questions Answered

Why the Johnson & Johnson vaccine should be seen as a contender.