Falling is often a life-changer; observations from someone who is adjusting.
Tuesday, August 5, 2025
Wells Fargo Screws Customers Yet Again, Now Failing to Make Right on Abuses; Elizabeth Warren Demands Answers
Wells Fargo is still up to no good…
Monopoly Now Wants You to Cheat—Just Like Real Capitalists
Bad monopoly behavior, both in the classic game and in real life, are ever more in vogue. But a backlash has begun.
A Transatlantic, Transpacific or Eurasian Global Economy?
Which nexus – Transatlantic, Transpacific or Eurasian– is likely to dominate global trade?
2:00PM Water Cooler 2/14/2018
Today’s Water Cooler: Gillibrand, Romney, Russian “meddling,” Adolph Reed, CPI, retail, cobalt, Deutsche Bank, stigma, debt, Valentine’s Day
Wolf Richter: Big Reset Looms for Corporate Credit Market
Collateralized loan obligations and other risky corporate credit assets are trading at tight risk spreads despite stock market upheaval. What gives?
Financial Markets Have Taken Over the Economy. To Prevent Another Crisis, They Must Be Brought to Heel.
A detailed and well-argued explanation of how the growth in the role of financial markets has become destructive.
Private Equity Firms Turn Up Noses at Trump’s Infrastructure Headfake
A perverse bit of good news: PE firms don’t like Trump’s infrastructure scheme.
Government Shutdown Once Again Shows the Lies Behind Deficit Hysteria
How the wealthy use deficit scaremongering to keep wages down and stave off calls for more investment and social spending.
2:00PM Water Cooler 2/13/2018
Today’s Water Cooler: Sanders in Iowa, 2018 wave, moderate Republicans, focus groups. small business optimism, infrastructure, Facebook, memory
Trump Team to Rescind Methane Rule
The Trump team has moved to replace his predecessor’s methane rule– further dismantling the weak federal climate change regulatory edifice.
An Aetna “Fake Accounts” Level Scandal? Medical Director Admits He Never Reviewed Medical Records Before Denying Care
An Aetna medical director said he didn’t review any cases, a bombshell admission even for one doctor, and damning if a normal practice.
