Monday, June 30, 2025

“A Scandal’: Contracts Show Trump Giving Big Pharma Free Rein to Price Gouge Taxpayer-Funded Coronavirus Drugs

Drug price gouging is so widespread in the US that it seems unlikely that there will be enough outrage to limit coronavirus drug price gouging.

Education 101: Don’t Open a New Charter School in the Middle of a Pandemic

A hard look at charter school misleading ads, racial segregation, and dodgy economics.

2:00PM Water Cooler 7/2/2020

~ COVID cases and death rate ~ Biden cognition ~ Biden COVID plan ~ Project Lincoln pushes for war with Russia ~ Trump staff reshuffle ~ Employment situation, manufacturing ~ Robot trucks ~ FBI nabs Ghislaine Maxwell ~ Eviction rocket docket ~ Nathan Tankus ~ VIP parties ~ Bonnard art bot

Some New Climate Models Are Projecting Extreme Warming. Are They Correct?

Why some of the more dire predictions of climate models may be an overshoot.

Links 7/2/2020

How Much More Cash Can Uber Burn?

Moar Uber wheel-spinning.

Lots of Brain-Dead Misreporting About the Case-Shiller Home Price Index this Morning

No, Case-Shiller is not yet a reflection of home prices during the Pandemic. Be patient.

New Complaint With California Watchdog Charges CalPERS Board Member Theresa Taylor With Perjury for Filing False Declarations That Hid Over $30,000 of Income; Follows Fines of Board President Jones for Campaign Violations

CalPERS vice president and Investment Committee chairman Theresa Taylor had engaged in an apparent clear cut perjury by failing to disclose income.

2:00PM Water Cooler 7/1/2020

COVID-19 problem states ~ “Bar lives matter” ~ Biden and Barbara Lee ~ Biden and Bushies ~ Call for Sanders canvassers ~ James Fallows on Trump’s pandemic response ~ Booker concession ~ Kentucky balloting issues ~ Wirecard’s frozen accounts ~ Corvids ~ Divine ~ Droplet dispersal ~ RAF Luton

The Good, the Bad, and the Ugly About the Fed’s New Credit Allocation Policy

Why using credit as an economic remedy evenutally does more harm than good.

Links 7/1/2020

Beneath the Bluster, Boris Johnson’s ‘New Deal’ Offers Nothing New

Boris Johnson’s effort at a New Deal Big Lie goes splat.

Los Angeles Hit Hard by Implosion of Freelance Work

The collapse of high-end freelance work isn’t just about the loss of incomes. If it persists long enough, it means the loss of capabilities.

The Federal Government Always Money-Finances Its Spending: A Restatement

An explanation of the mechanics of Federal spending, with emphasis on the role of the Fed and Treasury.

2:00PM Water Cooler 6/30/2020

COVID-19 and problem states with CA and FL ~ Biden campaign onboards the Obama Alumi Association ~ Biden as FDR ~ PMC reaction ~ Maté on Afghan bounties ~ McGrath v. Booker ~ Coincident indicators, manufacturing, housing ~ Wirecard debacle ~ Billionaires FTW ~ RIP Carl Reiner