Links 3/19/2023 | naked capitalism

At Long Last, a Donkey Family Tree New York Times Climate/Environment Cradle-to-grave emissions from food loss and waste represent half of total greenhouse gas emissions from food systems Nature Albania designates Europe’s last ‘wild river’ as a national park Ekathimerini Pentagon to halt use of firefighting foam that contains PFAS as cleanup costs mount Maryland […]

Links 3/18/2023 | naked capitalism

90-year-old tortoise becomes father of three BBC Loneliness and the Trinity of Creativity: Ada Lovelace, the Poles of the Mind, and the Source of Her Imaginative Powers The Marginalian (Chuck L) Posed Riddles Drift Magazine (Anthony l) #COVID-19 What Worked Against Covid: Masks, Closures and Vaccines Wall Street Journal (Dr. Kevin) 7.6% DEATH RATE for […]

Links 3/17/2023 | naked capitalism

Active volcano spotted on Venus. The planet’s not dead yet. Alligator in the Attic: Building Inspector Shocked to Find 8-ft Beast in Three-Story Home Field & Stream B-a-a-a-a-d Banks Fire the Fed Matt Stoller, BIG. Good clean fun. Well worth a read. Fed’s Yellen expects no new financial crisis in ‘our lifetimes’ Reuters The […]

The Fed smothers capitalism in an attempt to save it

Much about the collapse of Silicon Valley Bank has been profoundly modern. The bank’s name. A client base of tech-focused venture capitalists. A panic whipped up by tweets. Cash withdrawals via smartphones. At its crux, though, the lender’s fall was the latest iteration of a classic bank run. And the solution, a central bank stepping […]

2:00PM Water Cooler 3/15/2023 | naked capitalism

By Lambert Strether of Corrente. Patient readers, brunch for me today was both longer and more liquid than I anticipated. So bear with me as I stumble through Water Cooler as best I can, having gotten a late start. Bird Song of the Day Eastern Bluebird (Eastern), Connecticut Hill Road; Kermit Cutter’s place (formerly Caslick […]

Links 3/14/2023 | naked capitalism

How this little see-through fish gets its rainbow shimmer AP Credit Suisse finds ‘material weaknesses’ in financial reporting controls FT. See NC here, here, and today. Banks Banking crisis: President Joe Biden says taxpayer money won’t be used to bail out SVB, Signature Bank USA Today Biden Assures Americans Their Bank Deposits Are Safe In […]

2:00PM Water Cooler 3/9/2023 | naked capitalism

By Lambert Strether of Corrente. Bird Song of the Day American Robin, West Babylon, Suffolk, New York, United States. “American Robin singing from the top of a building before dawn.” * * * Politics “So many of the social reactions that strike us as psychological are in fact a rational management of symbolic capital.” –Pierre […]

2:00PM Water Cooler 3/8/2023 | naked capitalism

By Lambert Strether of Corrente. Bird Song of the Day American Robin, Libertytown; Audrey Carroll Wildlife Sanctuary, Frederick, Maryland. “Evening song with calls.” * * * Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “Here’s food for thought, had Ahab time to think; but […]

Equality and Equity | naked capitalism

Yves here. I must say I like seeing Matt Breunig patiently and clearly unpack issues of terminology and usage, since they regularly incorporate hidden assumptions that can’t be easily picked apart in routine discussions. The problem with terms like both equity and equality is they have become unduly plastic. By Matt Bruenig. Originally published at […]

Links 3/5/2023 | naked capitalism

Desperate Crestline residents help one another while awaiting assistance from San Bernardino County San Bernardino Sun. Southern California mountains residents snowed in for more than a week. Climate/Environment Carbon dioxide emissions reached a record high in 2022 AP A miserable walk on the beach: This is what red tide carnage looks like in Southwest Florida […]