~ Today’s Water Cooler ~
Wednesday, October 15, 2025
CalPERS Laughingstock: Marcie Frost, Who Previously Pursued Non-Existent Dual Bachelors/Masters Degree, Designates Herself Law School Grad and Bar Member; Investment Committee Chair Theresa Taylor Admits Not Knowing What SPACs Are
CalPERS’ leadership has such an advanced case of Dunning Kruger effect that they can’t recognize when they are making fools of themselves.
CalPERS Board Member Theresa Taylor Outs that a Staff Member Has Committed Fraud; When Will Giant Pension Come Clean?
Yet more misconduct at CalPERS.
Patent System Often Stifles the Innovation It Was Designed to Encourage
Why the US patent regime is broken and what could be done to fix it.
The Free Press versus Facebook and Google
Are Facebook and Google the new ‘public square’? Or are they publishers swiping content from others?
The Full Case Against Ultra Low and Negative Interest Rates
Why unprecedentedly low and negative nterest rates will probably not stimulate demand and may even threaten financial stability.
2:00PM Water Cooler 3/17/2021
~ Today’s Water Cooler ~
Legalise It: Prohibition’s Repeal and Its Unintended Impact on Public Health
How the US Prohibition remains widely misunderstood and why that matters.
Michael Hudson and Paul Craig Roberts: It Is Time To Remove The Debt Barrier To Economic Growth
Why it’s time for a widespread debt writedown.
Yanis Varoufakis: Draghi’s Outrageous Deployment of McKinsey, Europe’s Predicament, DiEM25’s Proposals
Yanis Varoufakis decries how McKinsey is undermining democracy in a putative first world country, a big step up from South Africa and Saudi Arabia.
The Long Term Damage of Economic Downturns
As the well off sail on, either unaffected by or profiting from Covid’s impact, for many, the economic damage is severe and lasting.
2:00PM Water Cooler 3/16/2021
~ Today’s Water Cooler ~
Why Would Anyone Buy Crypto Art – Let Alone Spend Millions on What’s Essentially a Link to a JPEG File?
Trying to make sense of crypto art.
