Saturday, October 5, 2024

Remember Headlines 2 Weeks Ago, Labor Market “Suddenly” Weakens as Unemployment Claims “Spike”: It Just Got Unwound

A wee unpacking of unemployment data to show how Fed rate cut cheerleaders are still ahead of themselves

U.S. Remains Painfully Dependent on China for Silicon and Solar Panels

Yet another own goal in the US economic war against China. We chose to make ourselves dependent and don’t like where we are.

2:00PM Water Cooler 5/24/2024

~ Today’s Water Cooler: Politics, syndemics, the Bragg trial winds down. imperceptible skin sensors, Hokusai’s Great Wave ~

Links 5/24/2024

SouthCom Commander Laura Richardson Just Described “Plan Colombia” As A Success, A Model for the Region

Even the US House of Representatives Foreign Affairs Committee has admitted that Plan Colombia was a resounding failure from a counter-narcotics perspective while providing short-term benefits from a counter-insurgency perspective

National Grid Wants to Heat More Homes With Converted Food Waste — and Make You Pay For It

National Grid’s biogas plant is performing poorly, as shown by downtimes and methane flaring, yet it wants more consumer subsidies to expand.

Michael Hudson: Some Myths Regarding the Genesis of Enterprise

“Modern” elements of enterprise were present in Mesopotamia in the third millennium BC and the institutions supported long-term growth

2:00PM Water Cooler 5/23/2024

~ Today’s Water Cooler: Politics, Pandemics; can the Democrats allow Trump to take office, White House issues corrections, Marijuana policy (“and boogie they will”) ~

Masks Work, Our Comprehensive Review Has Found

Finally, a rigorous study on mask use shows definitively that masks do indeed work, as in reduce transmission of respiratory diseases.

Links 5/23/2024

Satyajit Das: The Economic Costs of Modern War

How economic, military and political costs and consequences are intersecting in the Ukraine and Israel-Palestine conflicts

Why Corporations Choose Lawlessness to Fight Unions

Workers at companies like Apple and Starbucks face armies of union-busting lawyers advising employers to repeatedly violate labor laws.

Collapse of the Thwaites Glacier Has Accelerated

The timetable for the collapse of the Thwaites Glacier is collapsing, and why that matters.

2:00PM Water Cooler 5/22/2024

~ Today’s Water Cooler: Politics, syndemics, Stefanik files ethics complaint against Merchan, Greenhalgh publishes ginormous, magisterial study, stomps anti-maskers and droplet dogmatists, “trust your immune system.” ~

Israel Gaza Starvation Ploy Intensifies With Seizure of Rafah Crossings

The Rafah operation is speeding the pace of genocide in Gaza. That looks to be its primary aim.