Tuesday, July 22, 2025
Tax Sausage Making Begins, But Will Republicans Be Happy With the Result?
Tax “reform” is going to produce more Republican infighting and a bill that falls short of expectations. Pass the popcorn.
CalPERS Can’t Even Figure Out How to Count Ballots in Accordance With Its Own Election Regulation, Let Alone Comply With California Law
CalPERS keeps digging its election hole even deeper.
Yanis Varoufakis: Schäuble Leaves but Schäuble-ism Lives On
Wolfgang Schäuble’s legacy as German finance minister lives on, and not in a good way.
2:00PM Water Cooler 9/28/2017
Today’s Water Cooler: NAFTA. Bombardier, Puerto Rico relief, infrastructure, tax reform, GDP, wealth distribution, Hugh Hefner
Silicon Valley Rejects Shareholder Value Theory: Disrupting the IPO
Silicon Valley has an alternative to the IPO…with a 20% haircut compared to Wall Street’s 7%. Should you hang on to your wallet?
Wall Street Got a Bailout, Why Not Puerto Rico?
How Puerto Rico has gone from an economic disaster area to a humanitarian crisis in the making.
Prosecution Futures? Multibillion Dollar Orders in Coinbase Trading Platform
Some mighty strange, and mighty big, orders in a Coinbase trading platform order book…..
Wall Street and City of London Getting Nervous About Catalonia
Yves here. Neither side appears willing to back down in the battle of wills over the Catalonia independence vote set for this Sunday, October 1. The English language press has described how the Spanish government has declared the election to be illegal and Mariano Rajoy’s government has moved to try to shut it down, for […]
2:00PM Water Cooler 9/27/2017
Today’s Water Cooler: Open thread.
Health Care Debate: Sanders vs. Graham, Cassidy, and Klobuchar
As a debate, it wasn’t even close.
Jared Bernstein Shows the Costs of Not Understanding Sovereign Currencies
Jared Bernstein, like his fellow fauxgressives, endorses deficit hysteria instead of policies based on how our money system works.
The Climate Change Land Rush: When Will People Start Leaving Coastal Cities?
Most of the world’s biggest cities are coastal cities. What happens when people start realizing they are threatened?
