Tuesday, July 1, 2025

Links 4/18/2020

How COVID-19 Showed America’s Dependence on Blue-Collar Workers

The outbreak of “hero” talk is a long-overdue admission that blue-collar workers are the backbone of the US economy. Time to pay them more.

#DemExit Now: How the Democratic Party Cheated Bernie Sanders Out of the Nomination

How the Dems played dirty with Sanders.

2:00PM Water Cooler 4/17/2020

Today’s Water Cooler: Festival of Biden (strange inactivity, SuperPAC, Michelle Obama, VP horserace), Sirota on civility, vote by mail, ballot marking devices, Howie Hawkins, employment situation, state budgets, gold, Amazon, #COVID19 (epidemiology, asymptomatic tranmission), time

CalPERS Staff Seeks to Strip Board of Remaining Authority Even as Press Exposes Multi-Billion Cost of Lack of Supervision; Elected Board Members Thumb Nose at Public by Seeking to Be Paid for Doing Almost Nothing

CalPERS staff is up to more dirty tricks. Push back by e-mail in public comments. Bad press already has them on the back foot.

Links 4/17/2020

Taleb Questions CalPERS Ben Meng’s Competence and Honesty in Defending Missed $1 Billion Hedge Gain; Taleb Estimates CalPERS Net Loss on Meng’s “Alternative Mitigation” Over Two Years at $19 Billion

Nassim Nicholas Taleb calls out one of CalPERS CIO Ben Meng’s Big Lies, and unearths an even bigger one.

A Payments Holiday is More Realistic Than You Think

It may be simpler to enact a payments holiday than to try to get money to the hands of individuals who desperately need it.

Is There Any Better Time Than Now For a General Strike?

May Day is around the corner. It seems a fitting time for workers to demand better via a general strike.

2:00PM Water Cooler 4/16/2020

Today’s Water Cooler: Biden administration personnel, Biden VP, Biden and The Zuckerberg, Biden and AOC, “essential workers,” Hofstadter, bourgeois riots, employment situation, manufacturing, California groundwater, Carnival, the corporate super-spreader, hospital staff cuts, apples, LSD

DemocracyWatch: Global Pandemic Power Grabs

Yet another pandemic downside….

Lockdown Rebelliousness: Denying that Coronavirus Is in Charge

The supposed irresistable force of the economy is losing out to the immovable object of the coronavirus.

Links 4/16/2020

Taleb: The Only Man Who Has A Clue

A recap of what Taleb and his fellow complex systems analysts have been saying about coronavirus. Not pretty.

The New Fault Lines in a Post-Globalized World

Coronavirus is smashing up the economic and political order. What sort of world comes next?