Today’s Water Cooler: #COVID19 chart, new national polls, Biden, Cuomo, Sanders, Trump, tricking, retail, #COVID19 and employment, gardening, wildfires, the novel Coronoavirus itself, vitamin C, face masks, disinformation, Mesopotamian board games, Sara Nelson, knitting, hacking
Saturday, September 20, 2025
Michael Hudson: A Brady Bond Solution for America’s Unpayable Corporate Debt
Another sign that America has gone banana republic: Brady Bonds, used in the Latin American debt crisis, would be suitable medicine for our corporate debt hangover.
Coronavirus Kayoes U.S. Recycling
Coronavirus has wreaked havoc on waste management policies and led many U.S. municipalities to suspend or modify their recycling programs..
How Far Will Trump Go To Save U.S. Shale
The U.S. shale oil industry had considerable problems before Saudi Arabia and Russia launched their oil price war. What comes next?
‘This Is a Massive Scandal’: Trump FDA Grants Drug Company Exclusive Claim on Promising Coronavirus Drug
Granting “orphan” drug status to Gilead Sciences for remdesivir, its potential coronavirus treatment, is a massive boon to the company.
2:00PM Water Cooler 3/24/2020
Today’s Water Cooler: Stimulus, Biden as idea, “back to work in two weeks” say elites, manufacturing, container shipping, grocery supply chain, Ford and ventilators, Roubini on depression, gardening, Antarctica, rich behaving badly, chloroquine, #COVID19 and antibiotic resistance
What the Government Needs to Do Next to Tackle the Crisis
Jamie Galbraith describes what government needs to do to keep hospitals and the real economy functoning during the coronavirus crisis.
Debt and Power: An Interview With Michael Hudson
Micheal Hudson explains how the ancient approach to managing debt is far superior to ours.
At Long Last the Government Can Borrow Straight From the Bank of England – As Modern Monetary Theory Has Always Suggested It Should
The UK embraces modern monetary theory….and perhaps hopes no one notices.
Rule Number 1 for Government Bailouts of Companies: Make Sure Voters and Taxpayers Share in the Upside
If the public is to be asked to give bailouts to businesses, it should get something back for its money. It needs to share in any upside.
2:00PM Water Cooler 3/23/2020
Today’s Water Cooler: Biden base v. Sanders base, Biden’s donors, Klobuchar, Sanders, Warren’s donors, employment situation, ventilator manufacturing, Fed QE, climate change, national monuments, “listening to the body,” #COVID19 (chloroquinine, TB), #COVID19 and the poor, self-isolation
Global Level 4 Travel Advisory: Stealth Subsidy for Insurers?
The State Department’s global level 4 health advisory,recommending US citizens not travel internationally, has travel insurance implications.
Sanders Calls for ‘Unprecedented Legislative Response’ to Coronavirus Crisis—Not Corporate Bailouts
Republicans have tabled a corporate bailout plan to calm markets. Can Bernie Sanders and others redirect the stimulus to reflate the economy?
