Saturday, July 19, 2025

2:00PM Water Cooler 8/28/2018

Today’s Water Cooler: Trade, elite impunity, “Ratface Andy,” the midterms, Stormy Daniels, free college, NV machine voting debacle, consumer confidence, manufacturing, Aramco, poverty

America’s Broken Retirement System is a Recipe for Political Chaos

Bolstering, rather than cutting, Social Security is the solution to America’s retirement train wreck.

Links 8/28/18

White-Collar Criminals Got Off Scot-Free After the 2008 Financial Crisis — and That Helped Fuel President Trump’s Rise

Ten years later, Trump’s rise to power is a consequence of poor governance.

Why Marcie Frost’s Shoddy Resume Alone Was Reason Not to Hire Her at CalPERS

Did any member of the CalPERS Board actually read the words in Frost’s resume?

Will Saudi Arabia’s Geopolitical Strategy Backfire?

Yves here. Perhaps because the author assumes readers are already familiar with this part of the Saudi story, the kingdom is facing serious budgetary pressures even with oil now over $70 a barrel. Stability has been achieved only by generous payments to the populace at large. Take that away and the legitimacy of the government […]

2:00PM Water Cooler 8/27/2018

Today’s Water Cooler: Trump NAFTA deal, Elizabeth Warren, ICE, manufacturing, housing, AirBnB, AI and robot cars, placebos, social determinants of health, pipeline protests, platform capitalism

CalPERS’ CEO Marcie Frost’s Misrepresentations Regarding Her Education and Work History During and After Her Hiring

Another apparent case of employment fraud at CalPERS, this time with CEO Marcie Frost as the perp.

Cover-Up of CalPERS’ CEO Frost’s Misrepresentations of Her History: Document Destruction/Loss at CalPERS, Pressure on The Evergreen State College

While CalPERS CEO Marcie Frost’s cover-up of her resume misrepresentations is not worse than her crime, it looks awfully guilty.

Links 8/27/18

Another Deadly Pandemic is Coming — And the US Is Not Ready

It is not a matter of if, but when, the next disease will sweep the world with deadly and costly consequences.

A Private Investigator on Living in a Surveillance Culture

An insider’s take on surveillance.

Why I Am Not Wildly Enthusiastic about Sanders’ Plan to Tax Amazon

Defects in Sanders’ “plan to have a plan” to tax Amazon, and how to cure them.

Links 8/26/18

The Fate of English in the EU After Brexit: Expected and Unexpected Twists

After Brexit, English can no longer retain its status as one of the EU’s official or working languages. This column uses data on languages spoken in the EU to show that post-Brexit, German and French would become dominant.