Wednesday, January 11, 2017

2:00PM Water Cooler 1/11/2017

Today’s Water Cooler: “Golden showers” and shock doctrine, inflation, housing, co-ops, political risk, Tanzanian seeds, lost planet, shrooms

Lessons From the Demise of the TPP

Yves here. This post makes a point at the end in passing about the value of multilateralism, even though the TPP was otherwise a very bad scheme on multiple levels. This serves as a reminder to mention something I’ve neglected to say. Trump’s plan to enter into bi-lateral trade deals (after supposedly tearing up extant […]

Links 1/11/17

Calling Readers! Fight for Corruption-Busting SC Treasurer Curt Loftis As GOP Tries to End His Pension Oversight Role

Pension-corruption-fighter/state Treasurer Curt Loftis is under attack. Urge everyone you know in South Carolina to come to his defense.

Wolf Richter: What’s Going on with the Banks? Citi Cuts Goldman to “Sell,” after Goldman Cut Citi to “Neutral”

Citi and Goldman downgrades suggest the Trump trade may be overdone.

How ’60 Minutes’ Became a Pentagon Mouthpiece for Drone War

Drone warfare as an example of how the military uses overly-cozy news outlets to sell its pet initiatives.

2:00PM Water Cooler 1/10/2016

Today’s Water Cooler: Obama’s legacy, “Russian hacking,” Sessions, Tillerson, Sanders and oligarchy, Brock, small business optimism, Apple

Tom Ferguson: Monetary Policy Can’t Levitate a Broken Economy

How central banks’ policy remedies have taken big steps backwards.

Links 1/10/17

Gaius Publius: Best Buy National Repair Techs Routinely Search Customer Devices, Act as “Paid Informers” for FBI

Best Buy’s repair operations are part of the surveillance state.

House Passes Koch Brothers-Backed REINS Act that Weakens Gov’t Regulatory Agencies

How the stealthy REINS Act would hamstring all Federal regulators.

Obamacare: Republican Leaders Trying to Quell Revolting Senators

Enough Republicans are concerned about the downside of simply ending Obamacare to put a brake on efforts to repeal it.

2:00PM Water Cooler 1/9/2016

Today’s Water Cooler: 2016 post mortem, labor market conditions, many bezzles, co-ops, Larsen ice shelf, Atlantic conveyer, precarious jobs

TrumpCare, Pre-Existing Conditions, and “Continuous Coverage”

“Continuous Coverage” is the Republican solution for avoiding a death spiral by covering pre-existing conditions. How bad will it be?

Links 1/9/17