The concern is not for banks or investors in subprime-credit-card backed securities. But what does this bifurcation tell us about consumers?
Saturday, July 5, 2025
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.
Freedom from Fossil Fuels is Good for Your Health
Ending our reliance on fossil fuels is not only good for the planet and future generations. It also saves lives here and now, not just in the far future.
2:00PM Water Cooler 2/21/2020
By Lambert Strether of Corrente. Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had one weapon left and both knew it: treachery.” –Frank Herbert, Dune Key dates coming fast now, so I added some counters: Here is a second counter for the Nevada […]
How To Roast the Planet with Good Intentions: The Climate Equity Act
A new bill illustrates how not to tackle climate change.
Private Equity’s War to Preserve Surprise Billing
Sadly, private equity has beaten back legislation to curb surprise biling.
Coronavirus: Go Forth and Multiply
An ugly take on the coronavirus.
Why No Retired Generals Oppose America’s Forever Wars
How generals promote top-level groupthink.
2:00PM Water Cooler 2/20/2020
Today’s Water Cooler: SC and FL polling, Bloomberg, Sanders, Warren, NV, debate hot takes, impeachment, AOC, employment, leading indicators, manufacturing, virtual meetings, fecal matter in TX and NC, Medicaid, economic statistics, homelessness, Internet of Sh*t
The Potential Climate Consequences of China’s Belt and Roads Initiative
The anticipated heavy use of coal in building out China’s Belt and Road effort is a climate change train wreck.
To Tackle Inequality, We Need To Start Talking About Where Wealth Comes From
How to combat cultural beliefs that justify extreme inequality.
Russia Is Defeating The U.S. In The Middle East Oil Game
The US made a mess of Iraq, and at considerable cost, and Russia is in the process of picking up the best pieces.
