Tuesday, July 28, 2026

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.

Links 2/20/2020

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.

Live Blog: Democrat Presidential Primary Debate #11 in Las Vegas, NV

Candidates! Candidates! Candidates! ★★★ Six candidates on one stage! ★★★ Come on down!

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

Links 2/19/2020

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