Saturday, January 11, 2025

Links 1/11/2025

Weaponizing the US Dollar. Can It Work?

Michael Hudson refines and extends recent discussions on the future of the dollar, particularly under Trump, and finance-dominated capitalism

Meet the Cats Who Roam Rikers Island

Even cats in a prison setting find human servants!

2:00PM Water Cooler 1/10/2025

~ Today’s Water Cooler: Politics, Syndemics; New Covid data, Covid and mortality; LA Fires: misinformation; SEIU joins AFL-CIO ~

“In 2025, States Will Flip the Script on Taxes to Make the Wealthy Pay Their Fair Share”

State-level activists have been building coalitions to implement higher and more extensive taxes on the wealthy. What are their prospects?

Links 1/10/2025

Where is Guaidó 2.0?

While the old Guaidó lives it up in Florida, at somebody’s apparent expense, the new Guaidó, Edmundo González Urritia, appears to be going nowhere. 

Polish Foreign Minister Worries that Musk Will Successfully Undermine Ruling Liberal Party in Upcoming Elections; Is Another Romania-Style Election Nullification Possible?

Will Musk’s taste for a US favorite, regime change, include 2025 Polish elections? If so, will the answer be Romania-style extreme measures?

UK Economy Falters as Pound Sterling Continues to Slide

Sustained neoliberalism is exacting a toll on the UK via currency wobbles and reluctance to raise rates in the face of budget pressures.

2:00PM Water Cooler 1/9/2025

By Lambert Strether of Corrente. Patient readers, I am now going to take a nap. Enjoy! Bird Song of the Day Brown Thrasher, Theodore Roosevelt National Park – Upper Talkington Trail, Billings, North Dakota, United States. * * * In Case You Might Miss… Trump’s pivotto the Northern Hemisphere. LA Palisades Fire: This is fine. […]

Beware the Faux Populism of Corporate Democrats

Why the working class needs to make a hostile takeover of the Democrats.

Links 1/9/2025

This Week’s Unholy Mix of Drought, Wind, and Fire in Southern California: A Warning of an Accelerating Insurance Crisis in Climate-Risk Areas?

More and more homeowners are understandably worried about what insurance increases might look like in the face of intensifying climate risks.

Yanis Varoufakis: What to Watch Out for in the Unfolding Palestinian Genocide

Yanis Varoufakis contends that even though Israel’s genocide in Gaza looks unstoppable, that the costs to Israel will keep rising.

Americans’ Rage at Insurers Goes Beyond Health Coverage – The Author of ‘Delay, Deny, Defend’ Points to 3 Reforms that Could Help

On the prevalence of claims processing fraud by insurers and what if anything can be done about it.