Monthly Archives: April 2020

April 30, 2020

• 2:00PM Water Cooler 4/30/2020
  by Lambert Strether 2:00 pm

• Unemployment Effects of Stay-at-Home Orders
  by Yves Smith 9:55 am

• Links 4/30/2020
  by Yves Smith 6:58 am

• The Price of Meat
  by Yves Smith 6:55 am

• Finance Capitalism vs Industrial Capitalism: How Financial Parasites and Debt Bondage Are Destroying Us
  by Yves Smith 6:30 am

• Covid-19, The Coming Developing Country Debt Crisis and The Argentina Debt Reduction Proposal
  by Yves Smith 4:43 am

April 29, 2020

• Looking at “The Secret Group of Scientists and Billionaires Pushing a Manhattan Project for COVID-19” with a Critical Eye
  by Lambert Strether 5:55 pm

• 2:00PM Water Cooler 4/29/2020
  by Lambert Strether 2:00 pm

• Links 4/29/2020
  by Jerri-Lynn Scofield 6:55 am

• Schadenfraude Alert: Airbnb Mini-Moguls in Meltdown as Bookings Collapse
  by Yves Smith 6:12 am

• ‘No Consequences for Negligence That Kills’: McConnell Wants Corporate Immunity From Covid-19 Lawsuits
  by Jerri-Lynn Scofield 3:55 am

• Why the Oil and Gas Industry Will Never Be the Same
  by Yves Smith 2:06 am

April 28, 2020

• 2:00PM Water Cooler 4/28/2020
  by Lambert Strether 2:00 pm

• Consumer Beware: Coronavirus Antibody Tests Are Still A Work In Progress
  by Yves Smith 9:55 am

• Links 4/28/2020
  by Lambert Strether 6:57 am

• Quarantine Cat Tricks
  by Yves Smith 6:06 am

• Public Health and Private Profits Under COVID-19 Pandemic
  by Yves Smith 2:59 am

• In a Slap in the Face to Progressives, Biden Appoints Larry Summers, a “Literal Architect of Neoliberalism,” to Economic Advisory Role
  by Yves Smith 1:01 am

April 27, 2020

• #COVID19 Lockdowns, the Reopen Protests, and Wage Labor
  by Lambert Strether 4:25 pm

• 2:00PM Water Cooler 4/27/2020
  by Lambert Strether 2:00 pm

• No Alternative to Sustainable Agriculture: How Community-Supported Farms Show the Way to Food Security in an Uncertain World
  by Lambert Strether 11:55 am

• Links 4/27/2020
  by Lambert Strether 6:57 am

• CalPERS Out of Control: Stunningly High Number of Personal Trading Violations, Yet Board Ignored the Misconduct
  by Yves Smith 6:54 am

• Max Blumenthal and Ben Norton With Michael Hudson: How The US Makes Countries Pay For Its Wars – Economics Of American Imperialism
  by Yves Smith 6:53 am

April 26, 2020

• The Campaign Memo Bernie Never Listened To: Did Sanders Run the Most Clueless Modern Political Campaign?
  by Lambert Strether 11:43 am

• Links 4/26/2020
  by Lambert Strether 6:57 am

• Why Don’t We Just Provide an Emergency Basic Income to Businesses?
  by Lambert Strether 6:50 am

April 25, 2020

• Links 4/25/2020
  by Yves Smith 6:55 am

• Diary of Samuel Pepys Shows How Life Under the Bubonic Plague Mirrored Today’s Pandemic
  by Yves Smith 6:54 am

• Is There Deflation or Inflation in Our Future?
  by Yves Smith 5:58 am

April 24, 2020

• 2:00PM Water Cooler 4/24/2020
  by Lambert Strether 2:00 pm

• ‘No Warming, No War’: Report Details How US Militarism and Climate Crisis Are Deeply Interwoven
  by Yves Smith 9:55 am

• Links 4/24/2020
  by Lambert Strether 6:57 am

• Max Blumenthal and Ben Norton With Michael Hudson: US Coronavirus “Bailout” Is a $6 Trillion Scam
  by Yves Smith 6:10 am

• Coronavirus-Induced Food Supply Disruptions Hitting Farmers, Poor Consumers
  by Yves Smith 5:00 am

• Become a Manufacturing Powerhouse in 2020—An Economic Recipe for Our Times
  by Yves Smith 1:52 am

April 23, 2020

• 2:00PM Water Cooler 4/23/2020
  by Lambert Strether 2:00 pm

• Senate to Focus on Judicial Confirmations Once Chamber Returns in May
  by Jerri-Lynn Scofield 11:55 am

• Links 4/23/2020
  by Jerri-Lynn Scofield 6:55 am

• Mitch McConnell to State Pension Funds: Drop Dead
  by Yves Smith 6:27 am

• Coronavirus Pandemic is Paving the Way for an Increase in Superbugs
  by Jerri-Lynn Scofield 5:55 am

• Inequality and the Coronavirus: Destroying American Society From the Top Down
  by Yves Smith 2:55 am

April 22, 2020

• 2:00PM Water Cooler 4/22/2020
  by Lambert Strether 2:00 pm

• Our Extraordinary 50th Earth Day
  by Yves Smith 9:55 am

• Links 4/22/2020
  by Lambert Strether 6:57 am

• The Coronavirus New Normal Has Only Started To Arrive
  by Yves Smith 6:46 am

• The Worst Is Yet To Come for Oil Prices
  by Yves Smith 2:06 am

• Mutual Aid Volunteers Are Mobilizing to Help the Most Vulnerable Communities to Deal With Coronavirus
  by Yves Smith 12:11 am

April 21, 2020

• 2:00PM Water Cooler Special: The Nation CANCELLED Over Tara Reade Coverage
  by Lambert Strether 2:55 pm

• 2:00PM Water Cooler 4/21/2020
  by Lambert Strether 2:00 pm

• Trump Tweet: Will Issue Executive Order Temporarily Suspending All Immigration into the United States
  by Jerri-Lynn Scofield 9:55 am

• Links 4/21/2020
  by Jerri-Lynn Scofield 6:55 am

• Hissy Fit by CalPERS Board: Falsely Blames Margaret Brown for Staff Leaks of CIO Meng’s $1 Billion Giveup, Public Opposition to Staff Coup
  by Yves Smith 6:54 am

• Replacing Workers Has Many Costs
  by Yves Smith 6:46 am

• ‘Incrementalism Is Not Helpful in This Moment’: Ocasio-Cortez Rejects Settling for Crumbs in Next Covid-19 Stimulus
  by Jerri-Lynn Scofield 5:55 am

April 20, 2020

• 2:00PM Water Cooler 4/20/2020
  by Lambert Strether 2:00 pm

• Great! If COVID-19 Doesn’t Get Me, Perhaps the Mercury Will: Trump EPA Rejects Justification for Pollution Rule
  by Jerri-Lynn Scofield 10:55 am

• Tend Your Own Garden: Personal Food Security During the Age of COVID-19
  by Jerri-Lynn Scofield 7:55 am

• Links 4/20/2020
  by Jerri-Lynn Scofield 6:55 am

• Wolf Richter: Coronavirus Drives Barrage of New Lobbying Activity
  by Jerri-Lynn Scofield 6:25 am

• Who Benefits When the Price of Insulin Soars?
  by Yves Smith 3:56 am

April 19, 2020

• Press Ferrets Out More Falsehoods by CalPERS CIO Ben Meng, Evidence of Poor Leadership, in Giving Up >$1 Billion Hedge Payday
  by Yves Smith 10:58 am

• Links 4/19/2020
  by Jerri-Lynn Scofield 6:55 am

• Oil, Gas, Petrochemical Financial Woes Predate Pandemic — And Will Continue After, Despite Bailouts, Report Finds
  by Jerri-Lynn Scofield 5:55 am

April 18, 2020

• Links 4/18/2020
  by Yves Smith 6:55 am

• How COVID-19 Showed America’s Dependence on Blue-Collar Workers
  by Yves Smith 5:32 am

• #DemExit Now: How the Democratic Party Cheated Bernie Sanders Out of the Nomination
  by Yves Smith 5:12 am

April 17, 2020

• 2:00PM Water Cooler 4/17/2020
  by Lambert Strether 2:00 pm

• CalPERS Staff Seeks to Strip Board of Remaining Authority Even as Press Exposes Multi-Billion Cost of Lack of Supervision; Elected Board Members Thumb Nose at Public by Seeking to Be Paid for Doing Almost Nothing
  by Yves Smith 10:11 am

• Links 4/17/2020
  by Lambert Strether 6:57 am

• Taleb Questions CalPERS Ben Meng’s Competence and Honesty in Defending Missed $1 Billion Hedge Gain; Taleb Estimates CalPERS Net Loss on Meng’s “Alternative Mitigation” Over Two Years at $19 Billion
  by Yves Smith 6:53 am

• A Payments Holiday is More Realistic Than You Think
  by Yves Smith 6:46 am

• Is There Any Better Time Than Now For a General Strike?
  by Yves Smith 5:16 am

April 16, 2020

• 2:00PM Water Cooler 4/16/2020
  by Lambert Strether 2:00 pm

• DemocracyWatch: Global Pandemic Power Grabs
  by Yves Smith 9:21 am

• Lockdown Rebelliousness: Denying that Coronavirus Is in Charge
  by Yves Smith 6:55 am

• Links 4/16/2020
  by Yves Smith 6:55 am

• Taleb: The Only Man Who Has A Clue
  by Yves Smith 6:50 am

• The New Fault Lines in a Post-Globalized World
  by Yves Smith 5:55 am

April 15, 2020

• 2:00PM Water Cooler 4/15/2020
  by Lambert Strether 2:00 pm

• “Something Has Gone Wrong”: UK Government, Banks Screw Up Coronavirus Loans, Small Firms Near Collapse. Better Results in Other Countries
  by Yves Smith 9:55 am

• Links 4/15/2020
  by Lambert Strether 6:57 am

• The Really Really Yucky Airlines Bailout
  by Yves Smith 6:54 am

• Massachusetts Recruits 1,000 ‘Contact Tracers’ To Battle COVID-19
  by Yves Smith 5:33 am

• Damning New Story on CalPERS Sacrificing $1 Billion Hedge Profits Confirms Doubts About Chief Investment Officer Ben Meng’s Competence
  by Yves Smith 5:33 am

April 14, 2020

• 2:00PM Water Cooler 4/14/2020
  by Lambert Strether 2:00 pm

• CSA: How to Support Local Farmers as Restaurants and Farmers Markets Close
  by Yves Smith 9:55 am

• Links 4/14/2020
  by Yves Smith 6:55 am

• What Richard Vague Says that Matt Taibbi, Our Acrophobic Champion for the Duration of the COVD-19 Crisis, Needs to Learn about Stratospheric Levels of Public Debt
  by Yves Smith 6:30 am

• Covid-19 Diagnosis: Will We End Applying a Mosaic of Methods Worldwide?
  by Yves Smith 6:12 am

• Fatal Combination: Bailouts and Bank Rescues in Money-Driven Political Systems
  by Yves Smith 5:37 am

April 13, 2020

• Somebody Needs to Tell Chuck Schumer that the Entire Working Class Is “Heroic,” Not Just “Essential Workers”
  by Lambert Strether 2:55 pm

• 2:00PM Water Cooler 4/13/2020
  by Lambert Strether 2:00 pm

• To Fight the COVID Pandemic, Policymakers Must Move Fast and Break Taboos
  by Lambert Strether 11:25 am

• Links 4/13/2020
  by Lambert Strether 6:55 am

• Some Comments on the Sanders Campaign
  by Yves Smith 6:29 am

• Mark Blyth and Jeffrey Sommers: Austerity – A Dangerous Idea Returns
  by Yves Smith 6:14 am

April 12, 2020

• Will the United States Post Office Become a Victim of #COVID19?
  by Lambert Strether 2:55 pm

• Links 4/12/2020
  by Lambert Strether 6:58 am

• The Federal Reserve’s Coronavirus Crisis Actions, Explained (Part 5)
  by Lambert Strether 6:50 am

April 11, 2020

• Links 4/11/2020
  by Yves Smith 6:55 am

• Coronavirus Research Done Too Fast Is Testing Publishing Safeguards, Bad Science Is Getting Through
  by Yves Smith 5:49 am

• Labor Admits Superannuation Is a Ponzi Scheme
  by Yves Smith 4:47 am

April 10, 2020

• 2:00PM Water Cooler 4/10/2020
  by Lambert Strether 2:00 pm

• The Coming Battle for the COVID-19 Narrative
  by Yves Smith 9:55 am

• Links 4/10/2020
  by Lambert Strether 6:55 am

• The Use and Abuse of MMT
  by Yves Smith 6:51 am

• CalPERS Dumps Risk Hedge Right Before Coronacrash, Sacrificing $1 Billion and Confirming Doubts About Chief Investment Officer Ben Meng’s Expertise
  by Yves Smith 6:50 am

• COVID-19 Crisis Threatens Beleaguered Assisted Living Industry
  by Yves Smith 3:47 am

April 9, 2020

• 2:00PM Water Cooler 4/9/2020
  by Lambert Strether 2:00 pm

• Overloaded Morgues, Mass Graves and Infectious Remains: How Forensic Pathologists Handle the Coronavirus Dead
  by Yves Smith 9:55 am

• Links 4/9/2020
  by Yves Smith 6:55 am

• The Misguided Discussion of “Herd Immunity”
  by Yves Smith 6:53 am

• Last Chance to Save the Euro?
  by Yves Smith 5:41 am

• The Coming Debt Crisis
  by Yves Smith 5:16 am

April 8, 2020

• 2:00PM Water Cooler 4/8/2020
  by Lambert Strether 2:00 pm

• Angela Merkel Urged To Put European Solidarity Over German Interests and Back Coronabonds
  by Yves Smith 9:55 am

• Links 4/8/2020
  by Lambert Strether 6:55 am

• Martin Wolf and Wishful Thinking on Ending Coronavirus Lockdowns
  by Yves Smith 6:50 am

• How to Pay for the Pandemic War
  by Yves Smith 4:35 am

• New York Fed, FDIC Tout “Opacity in a Banking Crisis” to Keep Corporations, Hedge Funds, PE Firms & Counterparties in the Dark about Weak Banks
  by Yves Smith 3:09 am

April 7, 2020

• Online Education in the Covid-19 Crisis: “It’s Like Coke Dealers Handing Out Free Samples”
  by Yves Smith 9:55 am

• Links 4/7/2020
  by Yves Smith 6:55 am

• Covid-19: Where From? Why Now?
  by Yves Smith 6:50 am

• The FT Says It’s Time for the Bank of England to Start Direct Funding of the Government: Modern Monetary Theory Has Won the Day
  by Yves Smith 6:32 am

• Cancer Patients Face Treatment Delays And Uncertainty As Coronavirus Cripples Hospitals
  by Yves Smith 5:46 am

April 6, 2020

• 2:00PM Water Cooler 4/6/2020
  by Lambert Strether 2:00 pm

• India’s Poorest Now Have Access to Basic Bank Accounts, and Many Already Received their First Cash Stimulus Payment By Last Saturday; Meanwhile the IRS May Get You Your $1200 Check in Five Months
  by Jerri-Lynn Scofield 1:25 pm

• Amid COVID-19 Pandemic, Some Pipeline Projects Push Forward While Others Falter Nationwide
  by Jerri-Lynn Scofield 7:25 am

• Links 4/6/2020
  by Jerri-Lynn Scofield 6:55 am

• Coronavirus: A Theory of Incompetence
  by Yves Smith 6:54 am

• AirBnB Has Been Rocked by COVID-19. Do We Really Want To See It Recover?
  by Yves Smith 6:53 am

April 5, 2020

• Right to Repair and Ventilators: Saving COVID-19 Patients
  by Jerri-Lynn Scofield 9:55 am

• Links 4/5/2020
  by Jerri-Lynn Scofield 6:55 am

• Capitalism Has Failed in Fighting Coronavirus
  by Jerri-Lynn Scofield 4:55 am

April 4, 2020

• Links 4/4/2020
  by Yves Smith 6:55 am

• Services Sector Falls Off Cliff: First Data Points from the Eurozone Where Lockdowns Started Earlier
  by Yves Smith 5:48 am

• What Wall Street Doesn’t Want You to Know About Hospital Emergency Rooms
  by Yves Smith 5:34 am

April 3, 2020

• 2:00PM Water Cooler 4/3/2020
  by Lambert Strether 2:00 pm

• The New Inequalities and People-to-People Social Protection
  by Yves Smith 9:55 am

• Links 4/3/2020
  by Lambert Strether 6:55 am

• The Coronavirus Pandemic Has Opened the Curtains on the World’s Next Economic Model
  by Yves Smith 6:54 am

• Coronavirus, Control, Irritability, and Guilt
  by Yves Smith 6:50 am

• Key Official Missing in Action: North Carolina Treasurer, Sole Fiduciary of Its Pension, Has Covid-19 but State Refuses to Say More
  by Yves Smith 6:44 am

April 2, 2020

• 2:00PM Water Cooler 4/2/2020
  by Lambert Strether 2:00 pm

• Saving Citizens, Killing the Poor: India and COVID-19
  by Jerri-Lynn Scofield 11:25 am

• Links 4/2/2020
  by Yves Smith 6:58 am

• Why Can’t Everyone in This Country Get Free COVID-19 Treatment?
  by Yves Smith 6:44 am

• The EU’s Green Deal: Bismarck’s ‘What Is Possible’ versus Thunberg’s ‘What Is Imperative’ in the Age of Covid-19
  by Yves Smith 6:28 am

• The Coronavirus Depression Requires A New Approach to Budgeting
  by Yves Smith 6:15 am

April 1, 2020

• 2:00PM Water Cooler 4/1/2020
  by Lambert Strether 2:00 pm

• Informal Workers in the Time of Coronavirus
  by Yves Smith 9:55 am

• Links 4/1/2020
  by Lambert Strether 6:57 am

• Coronavirus: More Wheels Coming Off
  by Yves Smith 6:35 am

• The First Victims of the Oil Price War
  by Yves Smith 4:53 am

• Local Covid-19 Report and Infection Modeling
  by Yves Smith 1:54 am