Monday, July 14, 2025

Repaying Bank Loans Destroys Money

Richard Murphy discusses a key, and not well understood, implication of repaying bank loans.

2:00PM Water Cooler 7/31/2024

~ Today’s Water Cooler: Politics, syndemics; Kamala’s idpol keeps rolling; Covid and class, call any vegetable…. ~

Israel Assassinates Hamas Negotiator, Ismail Haniyeh, in Iran, Leading to Condemnation Across Muslim World; Israel Attempts Assassination of Hezbollah Leader in Beirut; Settler Brownshirt Rampage Against IDF Wins Knesset Backing

Israel escalates as Tony Blinken wrings his hands.

Links 7/31/2024

Climate Change: Can One Specific Example Counter the Denialists?

A look at climate change impacts, recent and prospective, in coastal Georgia. Can evidence like this change some stubborn minds?

CrowdStrike Lessons: Liability Shields Fuel Risky Practices, Expert Warns

A discussion of the regulatory and behavioral issues that helped produce the Crowdstrike 404.

Starvation in Sudan: As in Gaza, the Deprivation Is Deliberate

How a brutal, five year old civil war in Sudan has been producing Gaza-level starvation and war crimes.

2:00PM Water Cooler 7/30/2024

~ Today’s Water Cooler: politics, syndemics; Democrat idpol, Amazon now responsible for product recalls, Covid at the Olympics ~

To Win ‘Medicare for All,’ First Reclaim Medicare From Profiteers

Building on the promise of Medicare means taking on the private-sector enriching, skimpy “Medicare Advantage” program

Links 7/30/2024

Groundhog Day in Venezuela

Nicolas Maduro “wins” presidential elections but the opposition, the US and US-aligned governments in the region refuse to accept results. Eyes are now on Brazil, Mexico and Colombia. 

Let’s Abolish the Colonial IMF on Its 80th Birthday

Developing country protesters want the IMF to stop exploiting countries in debt crisis. But is BRICS prepared to fill the gap?

“Censorship to Defend Democracy”

ZOMG, VoxEU starts with the premise that censorship is of course warranted, but finds current implementations have not worked well.

2:00PM Water Cooler 7/29/2024

~ Today’s Water Cooler: Politics, syndemics; Kamala’s VP search (Walz; Raimondo a dark horse); Kamala on crypto; Trump on crypto ~

Ukraine End-Game: Rate-Determining Steps and the Question of Denazification

Further discussion of some of the likely complexities and stumbling blocks in Russia’s slow-motion conquest of Ukraine.