Thursday, July 3, 2025
Washington Going Full Andrew Mellon as Stimulus Talks Drag, Inadequate Support Guaranteed
An inadequate second stimulus is guaranteed. The only question is “how inadequate”?
Remembering John Weeks
John Weeks was a leading critic of economic orthodoxy who dedicated his life to building a better world.
Preserve Our Post Office, Before It’s Too Late
It ought to be stunning that the Post Office needs to be defended….
2:00PM Water Cooler 8/4/2020
COVID: Party on ~ Biden as the next FDR ~ Sanders’ “10 reasons” ~ Trump interview ~ Closed Republican Convention ~ Podesta, war-gaming 2020, uses faithless electors strategy, Democrats threaten secession ~ Manufacturing, housing, employment ~ Herd immunity ~ Evictions
Call for ‘Emergency Charity Stimulus’ as Billionaire Wealth Soars and US Nonprofits Sink
Charity reform would help deploy more funds to address more Covid-19 needs, but the real remedy lies in much bolder government spending.
Hubert Horan: The Airline Industry Collapse Part 3 – Recovery Expectations Were Always Dreadfully Wrong
Not only is the airline industry in desperate shape, but its executives have made its bad situation worse, increasing resolution costs for all bagholders.
How’s Your Economy, Small Businesses Death Watch Edition
A reader query focused on small businesses.
Is Silicon Valley Nudging Us Towards an Authoritarian Future?
Why it is not crazy to worry about Silicon Valley.
2:00PM Water Cooler 8/3/2020
~ Today’s Water Cooler ~
Rents Swoon in San Francisco, Other Expensive Cities, TX-OK Oil Patch Y/Y. But 23 Cities with Double-Digit Rent Increases
Large-scale shifts triggered by work-from-home, staggering unemployment crisis, and oil-and-gas bust. Rents respond in real time.
Homeowners Beware: Mortgage Servicers Still Can’t or Won’t Shoot Straight
Mortgage servicers are still engaged the abuses they perpetrated in the foreclosure crisis.
CalPERS Chief Investment Officer Ben Meng Made False, Felonious Financial Disclosure Report; More Proof of Lack of Compliance Under Marcie Frost
CIO Ben Meng demonstrates why CalPERS can’t be trusted….even as the giant pension is pushing legislation to be able to make loans in secret.
