Saturday, July 5, 2025
Michael Hudson: The Democrats’ Quandary – In a Struggle Between Oligarchy and Democracy, Something Must Give
The Democrats’ civil war over who controls the party may be coming to a head.
CalPERS’ Dishonest Response to Representative Jim Banks Regarding Chief Investment Officer Ben Meng and CalPERS’ Chinese Investments
Rep.Jim Banks pressed CalPERS on dodgy Chnese investments. CalPERS gave Banks a free shot via flagrant lies, but will Banks catch on?
Is Bloomberg Buying the DNC? If So, What Does He Plan to Do With It?
A closer look at Bloomberg’s attempted takeover of the DNC.
2:00PM Water Cooler 2/24/2020
Today’s Water Cooler:
New Mexico Attorney General Sues Google Over Kiddie Privacy
New Mexico AG Hector Balderas sues Google for violating children’s privacy under federal and state statutes. Don’t be evil indeed!
To Many’s Dismay, Permian Produces More Gas and Condensate Instead of Oil and Profits
Justin Mikula continues to document fracking follies; this installment focuses on the challenges stymieing profitability in the top US oil field, the Permian shale.
Coronavirus: Panic Starting
The rapid spread of coronavirus in Italy has finally focused Mr. Market’s mind, as well as that of officials in Europe.
Andrew Bacevich: Pseudo-Events as a New Normal
Are pseudo-events the bread and circuses of the Information Age?
Legacy Admissions: Johns Hopkins Drops Preferences, Other Institutions Consider Changes
Johns Hopkins announces it’s eliminated legacy admissions, sparking a wider debate. Will other institutions follow?
Wolf Richter: Subprime Credit Card Delinquencies Spike to Record High, Past Financial-Crisis Peak, as Other Consumers Relish the Good Times. Why?
The concern is not for banks or investors in subprime-credit-card backed securities. But what does this bifurcation tell us about consumers?
Taxcast: Financial Secrecy Index: Who Are the World’s Worst Offenders?
Taxcast – the Tax Justice Network’s monthly podcast: 30 minutes of unmissable corruption, scandal and analysis you won’t hear anywhere else.
