Tuesday, October 6, 2015

Full Translation of Japanese Government’s Summary of the TPP

Now you can read a translation of the Japanese government’s summary of the TPP.

2:00PM Water Cooler 10/6/2015

Today’s Water Cooler: TPP reactions, Clinton on the Today show, Clinton v. Sanders on gunz, income and life expectancy, a PC for makers

Why Japan Did America’s Dirty Work in the TPP: USTR Gave Away the Agricultural Store

US caves to Japan on “beef.” But did they really cave?

GXG Markets Fallout (I): Capital Venture Europe Sues GXG

The fallout from GXG Markets closure begins: Capital Venture Europe files a lawsuit

Links 10/6/15

dog and birds liniks

TPP: It’s Not a Deal, It’s Not a Trade Deal, and It’s Not a Done Deal

We don’t have the TPP text, ISDS is just as bad as it’s always been, and deals like this have been beaten before.

Bernanke’s Cockroaches

Every time I read a new, improved set of excuses from people like Bernanke, I feel like I’ve walked into my kitchen and turned on the lights after the exterminator paid a visit, only to find cockroaches all over my counter yet again.

The Right Wing’s Assault on the Post Office – Smashing the Myth That It’s in Financial Trouble

Yes, Virginia, the Post Office is cash flow positive and deserves to carry on as is.

2:00PM Water Cooler 10/5/2015

Today’s Water Cooler: Clinton on SNL, service stats, Safe Harbour and Karma Police, time to make the #BlackLivesMatter donuts, medieval cats

Links 10/5/15


Michael Hudson on Parasitic Financial Capitalism

An interview with Michael Hudson on his latest book, Killing the Host, which focuses on the destruction wrought by financial capitalism.

Is Russia Plotting To Bring Down OPEC?

Can Russia succeed in creating an anti-Saudi bloc to split OPEC by taking advantage of having oil supplies less vulnerable to transit risk?

Richard Richard Wolff on Jobs Now, and David Cay Johnson and Jobs Then

By Lambert Strether of Corrente. Typically, when we post a video, we post only one. But I felt these two posts were more powerful combined than separately. First, Richard Richard Wolff, in 38% of American Workforce Still Jobless. Wolff is a Professor of Economics Emeritus at the University of Massachusetts, Amherst, and currently a Visiting […]

Market Liquidity in Liquid Markets: Pitfalls and Trends

Market liquidity is all about smooth and rapid executions of large transactions. But why is it hard to keep big markets liquid? This column looks at liquidity in fixed-income markets, assesses new trends (as well as the EU’s new market instrument rules), and makes recommendations to policymakers to avoid illiquidity – a timely reminder that the social costs of illiquidity should not be underestimated.

ObamaCare’s Open Enrollment Period to Begin, Faces Challenge of Selling to Those Who’ve Done the Math

New study shows that uninsured who resist signing up for ObamaCare could be making a rational decision.