Thursday, July 3, 2025

Fiscal Federalism and the COVID-19 Shock in the US

The COVID-19 shock has significant negative consequences for the finances of US state and local governments, especially since they are bound by balanced-budget requirements

Links 9/28/2020

Looking for the Private Equity Lending Train Wreck in All the Wrong Places?

How immient is a bust in private equity related debt?

Announcing the 2020 Double Your Donations Challenge!

Take advantage of a generous offer! Double your donation!

How Bankers Hide Losses

Like master illusionists, bank accountants conceal losses from federal regulators, putting the whole economy at risk

Update on Federal Covid-19 Data at HHS: Hysteria on TeleTracking Data Manipulation Unwarranted, but Concern on Palintir Surveillance Oddly Muted

The danger in the HHS Protect project on Covid-19 isn’t data manipulation, but what the data will be used for (which almost nobody is talking about).

Thomas Neuburger: The War Against the War Against the People, or Why You Should Contribute to Naked Capitalism

If the class war becomes more confrontational, Naked Capitalism will continue to see past right and left to right and wrong,

Links 9/27/2020

Why isn’t Donald Trumpeting His Foreign Policy Record?

The Trump team are more than skilled enough to manipulate their presentation of foreign achievements as successes if not triumphs.

Ponds, Beaver Ponds, Arctic and Antarctic Ponds, and Walden Pond

“Listen, strange women lyin’ in ponds distributin’ swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.”

Naked Capitalism: Commentary That Has a Bite

Naked Capitalism’s community needs to be fed! Please chip in.

Links 9/26/2020

These Secret Safety Panels Will Pick the COVID Vaccine Winners

A small, secret panel of experts is tasked with reviewing crucial data on the safety and effectiveness of coronavirus vaccines that U.S. taxpayers have helped fund, including products from Moderna, AstraZeneca, Johnson & Johnson and others.

Bravo! Hit Our Third Fundraiser Target, On Our Way to the Fourth: Guest Bloggers

Dig deep to help meet our fourth target: rewarding Lambert, Jerri-Lynn, and John Siman.

2:00PM Water Cooler 9/25/2020

~ Today’s Water Cooler ~