Monday, October 13, 2025

Looting, American Style: CEOs Get Big Pre-Bankruptcy Bonuses Even When Lenders and Employees Stiffed

Failed CEOs succeed in looting their companies on the verge of bankruptcy filings.

Saudi Arabia Refuses To Learn From Its Two Failed Oil Price Wars

The oil situation has developed not necessarily to Saudi Arabia’s advantage, but MbS appears not to have gotten the memo.

Global Warming Is Accelerating. (In Other News, Democrats Reverse Platform, Won’t End Fossil Fuel Subsidies)

The Democrats busy themselves with a self-love fest as they ignore more and more dire evidence of the progress of global warming.

2:00PM Water Cooler 8/20/2020

~ The adults in the room at the Democratic National Convention ~

Cloth Masks Do Protect the Wearer – Breathing in Less Coronavirus Means You Get Less Sick

More evidence in support of masks.

Links 8/20/2020

Journey into a Libertarian Future: Part II – The Strategy

Where you wind up when you take libertarian ideas to their logical conclusion…..

How Dairy Monopolies Keep Milk Off the Shelves

How consolidation in dairy processing has led to overproduction of milk and dumping.

Apollo’s Leon Black, Found in Serial Child Rapist Jeffrey Epstein’s Black Book, Patronized Strip Club in Russia With Trump

Apollo’s Leon Black needs to develop better taste in friends.

2:00PM Water Cooler 8/19/2020

~ Water Cooler ~

Fiscal Austerity and the Rise of the Nazis

Local economic data and election results in Weimar Germany shows that more acute austerity led to more Nazi support.

Links 8/19/2020

Fed Economists Finger Monopoly Concentration as Underlying Driver of Neoliberal Economic Restructuring; Barry Lynn in Harpers and Fortnite Lawsuit Put Hot Light on Tech Monopoly Power

Some good work on monopoly is marred by the bizarre inclusion of Uber. Its predatory pricing is the result of deep pockets and ideology, not potential market power.

As Courts Re-Open, Britain’s Renters Must Confront the Power of Landlords

Renters and landlords need to come to terms in the Covid-19 new normal. But it’s not shaping up to be pretty.

Has CalPERS Come Clean With Its Board Over Pending $500 Million Carlyle Deal, Tainted by Ownership of Carlyle Shares by Departed CIO Ben Meng?

CalPERS needs to come clean about its Ben Meng mess. A pending Carlyle transaction shows it’s still in cover-up mode.