Wednesday, May 27, 2015

2:00PM Water Cooler 5/27/15

Today’s Water Cooler: TPP fight, Sanders launch, Bill Clinton’s corporate structure, Texas and California water, solar, the web and apps

8 Ways Robots Are Taking Over Our Jobs and Our World

Robots that replace workers are being prototyped in more and more areas, including some highly-paid professions.

Links 5/27/15

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How the China’s New Silk Road is Shifting Geopolitics

Even though China’s Silk Road initiative is in its early stages and still opportunistic, traditional rivalries could impede progress. Even so, the US is concerned about how China has gotten and is making countermoves.

America’s First Black President Throwing Slaves Under the Bus on TPP

The sausage-making on the TPP has gotten messier…..

SEC Vindicates Deutsche Bank Derivatives Whistleblowers Eric Ben-Artzi and Matthew Simpson

Three SEC whistleblowers have been proven right in charging Deutsche Bank with misreporting its biggest derivatives risk,. the bank, predictably, looks to have gotten off easy.

The Great Land Banking Scam Exposed

It should come as no surprise that real estate kingpins buy political favors on a regular basis. A new study estimates the payoff.

2:00PM Water Cooler 5/26/15

Today’s Water Cooler: The TPP provision that’s worse than ISDS, TPP and Malaysian trafficking, housing and manufacturing stats, dining alone

Corruptionomics in Italy

As reader Li, an international road warrior, says, “America is getting to be just like Italy, except without the attractive men.”

Links 5/26/15

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The Shafting, Um, Sharing Economy

The Wall Street Journal, of all places, describes the dark economic underbelly of Uber and other Orwellianly-named “sharing” services.

A Parallel Currency for Greece: Part II

Yves here. I’m quite interested in reader reactions to this scheme. My big reservation is that the amount of the scrip devised by the authors, the TCC, has to be limited to the an amount of discount of future tax payments that is deemed to be credible. Given that Bill Mitchell has estimated that Greece […]

A Parallel Currency for Greece: Part I

A review of the pros and cons of various parallel currency options for Greece.

Check Out Our “Improved” Mobile Version

We’ve (hopefully) resolved the CSS problems that were making Naked Capitalism render poorly on mobile devices. Please check out the new version!

2:00PM Water Cooler 5/25/15

Today’s Water Cooler: TPP, Memorial Day, epidemiology of violence in Baltimore, assorted cases of schadenfreude, our criminal elites.