Tuesday, January 6, 2026

Fed’s Standing Repo Facility (SRF) Drops to Zero, from $75 Billion on the Last Balance Sheet as Yearend Liquidity Turmoil Dissolves

Unpacking the much-ado-about-nothing over year-end use of the Fed’s pet liquidity-providing mechanism, its standing repo facility.

Coffee Break: Microsoft’s Satya Nadella Makes Microslop Trend

Microsoft CEO Satya Nadella has made the term Microslop go viral with his admonition to “get beyond the arguments of slop vs sophistication.”

EU’s Carbon Border Tax Goes Live, Eliciting Threats from China and Perhaps Soon, the US

China and India are unhappy about a new EU carbon tax on exports like steel. The US is expected to join the chorus. Will they retaliate?

Links 1/5/2026

Dollar Supremacy Strategy or All-Time Grift? American AI Imperialism’s Reliance on the Middle East 

Washington plots to ride the AI bubble back to the top—using Persian Gulf capital and energy to get there and make everyone rich along the way—and what this can tell us about war against Venezuela.

Even the Wall Street Journal Doubts the Trump Seize-Venezuela-Oil Scheme

Despite Trump’s loud proclamations, his fevered Venezuela oil heist dreams are set to go nowhere. So what happens then?

West Coast Levee Failures Show Growing Risks From America’s Aging Flood Defenses

Across the country, poor communities are much more likely to rely on older levees or underfunded ones that are not part of major federal programs. 

Links 1/4/2026

The Sunday Morning Movie Presents: A Child’s Garden And The Serious Sea (1991) Run Time: 1H 31M

A Child’s Garden and the Serious Sea is a film about light, memory, and the alien in the everyday.

Trump DHS Post Calling for ‘100 Million Deportations’ Suggests Intent to Kick Out Nonwhite Citizens

One journalist called it “absolutely insane Nazi propaganda, posted by the US government.”

Links 1/3/2026

SMRs Explained: Real-World Economics, Fuel Bottlenecks, and the Race to Scale

A primer on SMRs, as in small nuclear reactors, the new bright idea for how to satisfy insatiable AI energy demand.

Screens and Social Media Are Damaging Kids’ Conversation Skills. Here’s Why This Matters, and How to Get Them Back

Quelle surprise! Smartphone fixation is producing conversation-deficient children.

Coffee Break: More on Our Lousy Diet and Recovery of the Iconic American Chestnut

Part the First: Ultra-Processed Foods and Addiction.  Big Ag and Big Food may finally have a problem with their big moneymaking products.  We have discussed UPFs here several times before.  They fill the center aisles of grocery stores in much of the Anglophone world.  This article in Scientific American adds to wave of information coming […]

The CIA Is Manipulating Trump Against Putin

Quelle surprise! The CIA is yet again up to no good.