Sunday, September 14, 2025

Monetary Policy and Racial Inequality

Monetary policy does not lift boats in at all the same way.

Links 2/10/2021

Criminal Tax Cheat Robert Smith of Private Equity Firm Vista Gets a Pass for Conduct Worse Than Apollo’s Leon Black, Now in Epstein Doghouse

Neil Weinberg and David Voreacos published an in-depth account at Bloomberg of how private equity baron Roger Smith escaped being indicted for criminal tax fraud despite having concealed over $200 million in income. The very short version is that Smith and his allies got to Attorney General William Barr, both through Barr’s former firm Kirkland […]

Is There Really a Problem with Left Wing Extremism in the UK, or Is the Government Seeking Excuses to Suppress Fair Protest?

Governments on both sides of the pond are in “never let a crisis go to waste” mode. Aggression by the right is cause to stomp on a weak left.

Guantánamo Prisoner to Joe Biden: ‘The Last Two Decades of My Life Have Been a Nightmare Without End’

Guantánamo is a daming example of American lack of concern over the lives it casually ruins.

Corporate Concentration in the US Food System Makes Food More Expensive and Less Accessible for Many Americans

How Big Food increases prices in categories like bread, beer, processed chicken, and packaged salad, and what to do about it.

Links 2/9/2021

How the Catalonia Question Caused Blushes for Brussels in Moscow

In a heated face-off Russia reminded the EU that when it comes to imprisoning politicians, it too has form. In Catalonia tensions are coming back to the boil as new elections loom.

One Year After the Collapse of the Airline Business Began: What’s the Status Now?

Collapsed revenues, astronomical losses, red-hot cash-burn, hellish new debt. Meanwhile, amid craziest markets ever, airline shares soared.

Intellectual Property Cause of Covid Death, Genocide

Refusal to temporarily suspend several WTO intellectual property provisions to accelerate broad progress against the pandemic is genocide.

2:00PM Water Cooler 2/8/2021

~ Today’s Water Cooler ~

Myanmar Coup and Fast Fashion: Sanctions Would Harm Poor Textile Workers

Last week’s military coup has reduced Myanmar’s attractiveness as a source of supply for the fast fashion industry.

Links 2/8/2021

Goldman Is Evil But McKinsey Is Worse

Why the McKinsey veneer is looking tattier and tattier with every passing day, and why that’s not likely to change.

‘Unbelievable,’ Says Sanders, That Some Dems Want to Further Limit Eligibility for Covid-19 Relief Checks

Sen. Bernie Sanders denounces Democrats who would narrow eligibility requirements for the next round of stimulus payments.