The funding for shale production in the US has dried up as moneybags finally realize that there’s no profit to be had.
Sunday, January 18, 2026
2:00PM Water Cooler 7/16/2021
~ Today’s Water Cooler ~
Hospital ‘Trauma Centers’ Charge Enormous Fees to Treat Minor Injuries and Send People Home
The trauma center ripoff provides more evidence that the medical industry is primarily in the business of exploitation, not care.
Vaccine Certificates Are Making Global Travel Harder, Not Easier
Vaccine certificates were ostensibly rolled out to help facilitate cross-border travel as vaccination numbers increased. But thanks to vaccine geopolitics, the opposite is happening
California Senate Shoots Down CalPERS’ Private Debt Secrecy Bill; Board Hissy Fit Reveals It Never Questioned Staff Misrepresentations
CalPERS is no longer being given the benefit of the doubt by the legislature, and can’t handle a request to ‘splain itself.
Bad News About Iran and Nuclear Deal
Oof, Biden blows the chance to keep relations with Iran from moving further in the wrong direction by capitulating to his hardliners.
2:00PM Water Cooler 7/15/2021
~ Today’s Water Cooler ~
Biden Targets Non-Compete Agreements, Which Restrict the Job Opportunities of Millions of Low-Wage Workers
Biden goes after non-compete agreements….but will this effort make a difference?
Robinhood’s Revealing Ad Pitch: We’re All Investors, Alone
The latest Robinhood campaign is more raspberry than rah rah.
The Conflict Within OPEC Is Far From Over
Another byproduct of inflation generally and rising gas prices in particular is more eyes on OPEC.
Consumer Inflation Rises…Will It Draw the Fed’s Attention?
Inflation is hitting a few important sectors very hard. The Fed isn’t set up to contend with this problem, but will it try anyhow?
2:00PM Water Cooler 7/14/2021
~ Today’s Water Cooler ~
A Curious Union: Covid, Clorox, Cleveland Clinic, and the CDC Foundation
Cleveland Clinic’s and the CDC Foundation’s unsound Clorox sponsorship confirms that the US has the best medical system that money can buy.
