Saturday, February 17, 2018

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Trade “Trump offered the idea of imposing a ‘reciprocal tax’ on U.S. imports on Monday that economists warn would only serve to drive up prices for American consumers — and that the White House later seemed to walk back” [Politico]. “‘There is nothing formal in the works right now,’ a senior administration official said. ‘He […]

CalPERS’ Bogus Charge Against Its Lone Effective Director

As Bill Black and we described at length earlier this week, CalPERS’ board is moving forward with a plan to strip the one board member who does his job, JJ Jelincic, of meaningful authority. Black, who is a former general counsel of a major financial institution in addition to being a law professor, slammed CalPERS […]

How Neoliberalism Undermined Experts

One regular lament in recent years has been that experts no longer get the respect they deserve. Anti-vaxxers have won a serious following, particularly among well-heeled Californians. Opponents to TPP were depicted as being against liberalized trade, a supposedly retrograde position. Creationism is now taught in some public schools in the US. The press regularly […]

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I don’t want to be a pinhead no more

2:00PM Water Cooler 7/5/2017

Today’s Water Cooler: NAFTA and corn, AHCA/BCRA, Sanders on #MedicareForAll, factory orders, Federal taxes, state budgets, GOOG

Lee Camp: Have No Fear – Trump Is Lying Us Into War Just Like All The Presidents Before Him

The Donald is completely conventional in having the media assist him in fomenting war on trumped-up grounds.

Links 7/5/17

CalPERS’ CIO Plays Board Like a Fiddle, Uses Trumpian Tactics on Credulous True Believers

CIO Ted Eliopoulos digs CalPERS a bigger PR hole and CalPERS’ board is so thick that it approves.

CalPERS CIO Sings Out of Tune, But Board Applauds His Poor Performance

A former chief investment officer critiques a remarkable, and not in a good way, performance by CalPERS’ CIO Ted Eliopoulos.

US Senate Strikes for Russian Equality – The Oligarchs Targeted in New Sanctions Bill

Parsing the details and the logic of the Senate sanctions against Russia and in particular, its oligarchs.

Links 7/4/17

More Animals in Government!

Why we should have government go more officially to the dogs and cats.

Has Keystone XL Become Obsolete?

New troubles for Keystone XL.

2:00PM Water Cooler 7/3/2017

Today’s Water Cooler: Holiday open thread (with Lally Weymouth sighting).

The Crapification of Air Travel, And Don’t Expect AMEX to Help, Either

The tale of a barcoded duffel bag that’s gone astray– and the crapification of the system for finding it. Booking via AMEX no help.