How Dodd-Frank left banks’ massive lending and safety-net subsidies intact.
Tuesday, July 22, 2025
2:00PM Water Cooler 9/27/2018
Today’s Water Cooler: China trade, Kavanaugh hearings (live blogs), Kavanaugh milieu, Apple Watch, mosquitoes and plastic, Cuba and bees, sorry bus stops, Hokusai
The US-Mexico Trade Deal Dies
How the US effort to push a trade agreement with Mexico over the line fell apart.
Adam Ashton of the Sacramento Bee Publicizes This Blog (and CalPERS’ Frustration With It)
Adam Ashton of the Sacramento Bee questions why we would want to expose public corruption and incompetence at CalPERS. No, I am not making that up.
The Bank of International Settlement’s Claudio Borio, Who Warned About the Crisis, Says the World Economy Is About to Get Very Sick
BIS chief economist Claudio Borio warns that central bankers have overdone the liquidity party, and investors are not being paid enough to take ris
Something Russia and EU Appear to Agree on – the Euro
The very rational case for Russia and the EU to trade oil in euros.
California Treasurer John Chiang Calls for an Independent Investigation of CalPERS CEO Marcie Frost’s Hiring Misrepresentations
California Treasurer John Chiang objects to CalPERS efforts to treat documented evidence of CEO Marcie Frost making repeated misrepresentations about her background as a PR problem and calls for a serious investigation.
2:00PM Water Cooler 9/26/2018
Today’s Water Cooler: Trade, Sanders and Warren, Kavanaugh goes pear-shaped, Republicans in the Midwest, media bias, new home sales, investor confidence, Tesla, Uber, National Comic Book Day, Hot Cheetos, Westminster Abbey
CalPERS’ CEO Marcie Frost’s History of Embellishment and Poor Management Goes Back to Washington
Yet more confirmation of our findings regarding CalPERS CEO Marcie Frost’s record of misrepresentations.
Joseph Stiglitz and Alexandria Ocasio-Cortez Talk Social and Economic Justice
Alexandria Ocasio-Cortez continues to be in the limelight. Is she getting her political footing yet? And will she live up to her “democratic socialist” brand, or is she getting more cozy than necessary with establishment Democrats?
Hard-Brexit Lobbyists Demand UK Roll-Back Environmental Standards to Strike Free Trade Deals with India, China and US
Another ugly but far-from-secret element of what was in store with a Glorious Brexit.
Trump Escalates Tensions With China Through Taiwan Weapons Deal
Trump disses China in a big way by giving Taiwan quasi-recognition through an arms sale.
2:00PM Water Cooler 9/25/2018
Today’s Water Cooler: China tariffs, Kavanaugh, Democrats and the intelligence community, Mueller, manufacturing, housing, consumer confidence, appendicitis, linux developers, racist AIs, meta studies
