Sunday, February 8, 2026

Trump Looks To Nationalize 5G

Wellie, if the government owns the 5G network, you won’t have any doubt as to who has access to what you did over it.

2:00PM Water Cooler 3/5/2019

Today’s Water Cooler: China to open financial sector?, Trump’s donations to Democratic presidential candidates, Sanders rallies, Clintons still stewing, AOC, Ilhan Omar, new home sales, services, commodities, jet engines, Tesla, Luxottica, markets and climate, Spinal Tap

Links 3/5/19

France, Inequality, the Yellow Vests, and the Social Elevator

Redistribution through taxes and social transfers is not sufficient to curb the inequality in opportunity, which is mostly linked to the educational system and perpetuates economic and social situations from one generation to the next.

Hubert Horan: Can Uber Ever Deliver? Part Eighteen: Lyft’s IPO Prospectus Tells Investors That It Has No Idea How Ridesharing Could Ever Be Profitable

Lyft’s prospectus doesn’t even pretend that the company might become profitable, let alone justify a $20-25 billion valuation.

CalPERS CEO Marcie Frost Gives Contradictory, Nonsensical Justifications for Muscling the Board to Approve Private Equity Scheme in March

Frost’s justifications for CalPERS new private equity scheme becomes more incoherent as time goes on, but that is unlikely to prevent the captured board from giving it a green light.

Do Real Estate Markets Make Our Cities Less Livable?

Author Samuel Stein talks about how capitalism shapes cities.

2:00PM Water Cooler 3/4/2019

Today’s Water Cooler: Democrat presidential candidate round-up, dogs, golf, and temporarily open thread.

A First Look at Pramila Jayapal’s “Medicare for All Act of 2019”, HR 1384

The state of play on the Hill, Jayapal burns the ships, Pelosi is awful, and HR1384 tries to eliminate health care for profit.

Links 3/4/19

CalPERS Surveys Employee Toilet Paper Preferences as Underfunding Worsens

CalPERS manages to outdo itself in dubious managerial practices.

Have We Already Passed World Peak Oil and World Peak Coal?

Gail Tverberg extends her peak oil analysis to coal and finds a similar pattern.

Corruption Fueling Choice of “Ballot Marking Devices,” not Paper Ballots, in Georgia, Pennsylvania Debacles

Penny ante corruption fuels purchases of voting machines in Georgia and Pennsylvania

Links 3/3/19

Climate Change Mobilization: To Fear, or Not to Fear?

The question is whether fear is the right emotion to play on to get people to sit up, listen, and take action.