Saturday, July 5, 2025
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.
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
Do Cry for Those in Arizona: What Happens When Politicians Disregard Health Care and Public Health Professionals During a Pandemic
How Arizona epitomizes the backwards approach the US has taken to its health care crisis.
Yanis Varoufakis: Interview with Léa El Azzi on Capitalism After the Pandemic, Europe, Greece, Lebanon & the IMF
A discussion of the state of capitailsm, with a European/Lebanase slant.
New Investment Gimmickry: Covid-19 Bonds
Covid-19 has engendered investment grifting.
