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Tuesday, December 30, 2025
Bad Bets and the Corona Virus Epidemic
Bad bets by individuals, the state, and globalizing elites
2:00PM Water Cooler 2/19/2020
Today’s Water Cooler: New polls, Bloomberg, Sanders, NV caucus, SC, IA recount, Obama and torture, producer prices, household spending, China containers, Smile DIrect, Blue Apron, Groupon, millennials and the Fed, societal collapse books, wood skyscrapers, hedgies, consciousness, Trillbillies
CalPERS’ Election Rigging: Pushing for Most Costly, Insecure Online and Phone Voting Despite Abject Failure, Why? To Help SEIU Influence Election
CalPERS remains unwilling to run clean and secure elections. One has to wonder why.
HSBC Announces Mass Job Cuts, Huge Write-Down, Asset Sales, Halt of Share Buybacks. Warns of Coronavirus Impact on Credit Losses & Revenues in China & Hong Kong
Once storied, now sprawling TBTF HSBC has started a big retrenchment in the face of mounting business woes. Is it the canary in the coal mine?
The American Health Care System Costs Four Times More Than Canada’s Single-Payer System (and the Public Option Won’t Help)
The increase in costs was driven in large part due to private insurers’ growing role in administering publicly-funded Medicare and Medicaid programs. More than 50% of private insurers’ revenue comes from Medicare and Medicaid recipients
2:00PM Water Cooler 2/18/2020
Today’s Water Cooler: Biden, Bloomberg, Buttigieg, Sanders, Warrren, NV early voting, Empire State manufacturing, mortages, shipping and COVID-19, supply chain, Galazy Z not glass?, electric bacteria, dental, “Reagan National University,” KickStarter union, Civil War podcast, Mediterranean diet
Plastic Watch: Congress Considers Bill to Impose Extended Producer Responsibility, AKA ‘You Break It, You Buy It’
The Break Free from Plastic Pollution Act would impose extended producer responsibility.
Another Demise of a Storied Business at the Hands of Private Equity: Fairway
Fairway shows how private equity ruined a successful and much loved business.
Not All Keynesian Spending Is Equal
How “Keynesian” ideas regularly misrepresent Keynes.
On February 6 Antarctica Was Warmer Than Orlando, But Mainstream Democrats Fiddle as the Planet Burns
Democrats ex Sanders are punting on climate change.
A Plague of Locusts, Failed States, and Climate Change
How locusts swarm, create food insecurity, and how climate change means more swarms, absent state intervention.
2:00PM Water Cooler 2/17/2020
By Lambert Strether of Corrente. Patient readers, Mac is turning into Windows. I foolishly let my battery run out, and so had to reboot. When I did, my mouse did not work for some reason. Hence, when Apple put up a dialog asking me whether I wanted to upgrade or not, I tabbed to the […]
