Saturday, July 12, 2025

The Police Weren’t Created to ‘Protect and Serve.’ They Were Created to ‘Maintain Order.’ A Brief Look at the History of Police in America

America’s police started out as muscle deployed against labor organizers.

2:00PM Water Cooler 6/18/2020

Global COVID-19 stats ~ Biden delivers speech successfully ~ Sanders influence tested ~ Trump’s plans for Tulsa ~ Supreme Court DACA decision ~ Karens re-considered ~ Employment, manufacturing ~ Casinos going cashless ~ Zombie companies ~ Asymptomatic COVID ~ Imperial cats

Italy Once Again on the Eurozone Worry List

A new tsunami of bad debts washes ashore in Italy while banks are still struggling with the debris from the prior deluge of bad debts.

Links 6/18/2020

8 Reasons Why Covid-19 Damage to the Economy Will Be Deep and Lasting

Why the economy is still mighty sick and won’t get much better any time soon.

More on Frank Partnoy’s Misguided Take on Collateralized Loan Obligations

No, collateralized loan obligations are not about to wipe out banks, and Frank Partnoy should have focused on real risks, like destruction of productive capacity.

Meritocracy Legitimizes, Deepens Inequality

Why meritocracy ain’t what it’s cracked up to be.

2:00PM Water Cooler 6/17/2020

COVID-19 in Florida ~ 2020 electoral map ~ Biden and Hispanic voters ~ Trump in Tulsa ~ Amy McGrath ~ Woke insurance ~ Warehouse demand ~ Restaurant cash crunch ~ Container collapse ~ Stranded crews ~ COVID-19 vaccine ~ Microbiome of the nose ~ Black Lives Matter leaderless ~ The Third Precinct ~ Ruth Wilson Gilmore ~ The Death Star ~ Feral hogs

Reviving the Economy, Creating the ‘New Normal’

Covid-19 rescues will reshape the economy, as we see in the US, with fat cats getting fatter. Will other countires make sounder choices?

Links 6/17/2020

Automation, Globalisation, and Vanishing Jobs

A new take on how automation and offshoring affect employment.

Restaurants Face Major Obstacles to Reopening

A recap of why restaurants will have a tough time regaining their footing.

How the Disappearance of Union Jobs Obliterated an Emergent Black Middle Class

How union support boosted black economic and social progress.

2:00PM Water Cooler 6/16/2020

COVID-19 by regions (plus New York) ~ Biden veepstakes (Abrams, Bottoms, Demings, Harris, (Susan) Rice, Warren) ~ Chait gets something partially right ~ Retail, manufacturing, debt ~ PG&E “mass killing” ~ Dexamethasone ~ Masks ~ Albuquerque shooting ~ Case-Deaton on COVID ~ Git

No, We Don’t Need to Place Our Faith in Downloading Some Untested, Privacy-Infringing App as the Only Possible COVID-19 Slayer; Why Don’t We Look to Places that Have Successfully Limited Disease Spread and Copy Their Policies?

Ars Technica clutches pearls at poll showing decline in those willing to download privacy-infringing app to stymie spread of COVID-19.