Today’s Water Cooler: #COVID19 charts and Facebook county data, Biden ad, Michelle Obama as VP, Pelosi’s freezer, deaths from Milkwaukee in-person voting, Obama nostalgia explained, housing, oil prices, tankers, recession, 401(k), misinformation, #COVID19 and class, Amazon, Moloch
Recent Items
Sunday, December 28, 2025
2:00PM Water Cooler 4/21/2020
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 165 Comments »
Trump Tweet: Will Issue Executive Order Temporarily Suspending All Immigration into the United States
Last night Trump tweeted his intention to issue an executive order temporarily suspending all legal immigration into the United States.
Topics: Banana republic, Guest Post, Income disparity, Pandemic, Politics, Regulations and regulators, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 9:55 am | 42 Comments »
Links 4/21/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 272 Comments »
Hissy Fit by CalPERS Board: Falsely Blames Margaret Brown for Staff Leaks of CIO Meng’s $1 Billion Giveup, Public Opposition to Staff Coup
Sports fans, it seems hard to believe, but the CalPERS board has sunk to a new low with an extended display of incompetence and pique.
Topics: Banana republic, CalPERS, Corporate governance, Investment management, Legal, Media watch, Ridiculously obvious scams
Posted by Yves Smith at 6:54 am | 22 Comments »
Replacing Workers Has Many Costs
Companies remains short-sighted about the cost of ditching workers.
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, The destruction of the middle class
Posted by Yves Smith at 6:46 am | 29 Comments »
‘Incrementalism Is Not Helpful in This Moment’: Ocasio-Cortez Rejects Settling for Crumbs in Next Covid-19 Stimulus
Alexandria Ocasio-Cortez says the U.S. cannot afford another incremental stmulus bill that shovels massive bailouts to big businesses alone.
Topics: Banana republic, Doomsday scenarios, Guest Post, Income disparity, Pandemic, Politics, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 5:55 am | 50 Comments »
2:00PM Water Cooler 4/20/2020
Today’s Water Cooler: Let’s make Monday, Fun Day!
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 194 Comments »
Great! If COVID-19 Doesn’t Get Me, Perhaps the Mercury Will: Trump EPA Rejects Justification for Pollution Rule
EPA rejects previous cost benefit analysis of mercury rule; meanwhile power industry has spent to comply with rule and opposes backsliding.
Topics: Banana republic, Environment, Pandemic, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 10:55 am | 11 Comments »
Tend Your Own Garden: Personal Food Security During the Age of COVID-19
Worries about food security have led me to send vegetable plants to Mom and a sister; this is a good year to plant a victory garden.
Topics: Banana republic, Doomsday scenarios, Environment, Pandemic, Politics
Posted by Jerri-Lynn Scofield at 7:55 am | 97 Comments »
Links 4/20/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 201 Comments »
Wolf Richter: Coronavirus Drives Barrage of New Lobbying Activity
Follow the money – Congressional lobbying activity and who wins and who loses from coronavirus relief.
Topics: Banana republic, Guest Post, Pandemic, Politics, Private equity, Regulations and regulators, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 6:25 am | 7 Comments »
Who Benefits When the Price of Insulin Soars?
Contrary to pharmaceutical company claims, revenue from high insulin prices are going to shareholders, not R&D
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 3:56 am | 9 Comments »
Press Ferrets Out More Falsehoods by CalPERS CIO Ben Meng, Evidence of Poor Leadership, in Giving Up >$1 Billion Hedge Payday
CalPERS’ embattled CIO Ben Meng digs his $1 billion hole deeper with not-credible defenses. Tell the board not to cede more authority to him.
Topics: CalPERS, Dubious statistics, Investment management, Risk and risk management
Posted by Yves Smith at 10:58 am | 27 Comments »
Links 4/19/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 452 Comments »
Oil, Gas, Petrochemical Financial Woes Predate Pandemic — And Will Continue After, Despite Bailouts, Report Finds
Problems with the oil, gas, and petrchemical industries predate the COVID-19 pandemic – and now will be even more difficult to rseolve.
Topics: Banana republic, Energy markets, Environment, Global warming, Guest Post, Pandemic, Politics
Posted by Jerri-Lynn Scofield at 5:55 am | 23 Comments »


