Monday, December 29, 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!

Links 2/24/2020

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?

Links 2/23/2020

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?

Links 2/22/2020

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.