No, Elizabeth Warren Didn't "Sink" Hillary Endorsement Hopes

Senator and progressive girl-crush Elizabeth Warren / Image: Ninian Reid, CC BY 2.0

The essay hit Huffington Post earlier today and is already manically careening around Facebook and other social media:

Elizabeth Warren Sinks Clinton's Hopes for Endorsement


Oh, BALONEY. 

The Elizabeth-Warren-secretly-loves-Bernie-and-hates-Hillary stories have been circulating online for months, mostly among Sanders' supporters.  And they only seem to be multiplying as Iowa draws near: "Warren in talks to endorse Bernie," "Bernie will nominate Warren for VP," "This comment from Sen. Warren PROVES she hates Hillary's guts!"  None of the stories or headlines are supported by actual evidence. 

Listen for yourself to the speech where Sen. Warren supposedly "made it clear she won't endorse Hillary":  

Big Short "Market Genius" - We're Heading Toward Another Crisis

Starting young / Source: _Dinkel_, CC BY 2.0 

New York magazine recently posted an interesting interview with Michael Burry, the "market genius" depicted in The Big Short.  For folks concerned about the current state of our economy, it's a quick read and well worth it.

I don't agree with some of Burry's comments, but it's all worth considering.  What I *do* share is a concern that we in industrialized nations cannot seem to get away from our drive to produce "economic growth" at any price.  This usually results in the accumulation of obscene amounts of debt - in the public AND private sectors - until the whole system becomes completely unsustainable.  The related belief that large profits are the birthright of everyone with "enough smarts" to identify and exploit economic opportunities results in the bidding up of residential properties sales and/or rental prices until prices are beyond reach of the vast majority even WITH the aid of consumer debt (at which point, the bubble pops), downward pressure on wages and benefits paid to workers (and eroding wages/hours) coupled with increased workloads ...

Professor Limbaugh Fail: Rush Don't Know Glass-Steagall

Screenshot from Limbaugh's site.

I don't want to shock anyone, but the self-declared "Mayor of Realville" apparently really doesn't know what he's talking about.

The day after the first Democratic presidential debate, Rush Limbaugh informed his audience that “Mr. Snerdley” had spent the morning hassling him for his ignorance about the Glass-Steagall Act:

Screen shot from Limbaugh archives

Not sure how “Professor” Limbaugh missed the six or so mentions of Glass-Steagall, and moderator Anderson Cooper’s good quick-and-dirty description to bring viewers up to speed, and all of the talking head discussion about it immediately after the debate.  But whatever. 

Bank of England Head Makes a Conservative, Economic Case for Action on Climate Change

Bank of England Governor Mark Carney has warned that firms and regulators can no longer avoid addressing global climate change / Photo: James Oxley, CC BY-ND 2.0

A few weeks ago, Bank of England Governor Mark Carney, who also chairs the Financial Stability Board, gave a speech at Lloyd's of London regarding the economic impacts and challenges of global climate change.  Given his audience, he also paid particular attention to how climate change has impacted the insurance industry, and will continue to do so.

Despite plenty of disagreement on the particulars he advocates, Carney made a compelling case for corporations and financial firms to stop fighting the acknowledgement of climate change and start modifying practices NOW in order to smooth the transition, reduce the ultimate cost of combating climate change and adapting to it, and avoid not just ecological catastrophe, but economic catastrophe, as well.