One of the common rhetorical tropes supporters of the Trans-Pacific Partnership have used to sell it is to declaim all prior trade agreements as inferior, relative to this bright, shiny and new deal. Ron Wyden, the Democrat in Congress most responsible for moving TPP through, gave a particularly juicy example of this yesterday.
Friday, May 22, 2015
Today’s Water Cooler: Republicans fall to fighting among themselves, advice for the Blairists and Third Way types, Avian Flu, the Antarctic
SEC Commissioner Kara Stein strikes again, this time to object to the SEC giving waivers to recidivist bank bad actors.
A group of 400 NYU faculty members documents how the school fleeces students to pay for gold-plated administrator pay and perks.
So why shouldn’t banks admit to criminal conduct? They get slap on the writs fines and no one goes to jail.
While virtually no one expects a Brexit, history suggests would be naive to expect the upcoming negotiations between the UK and EU to be a cakewalk.
Today’s Water Cooler: TPP may pass in Senate today, Sanders with impressive Reddit AMA, Clinton postpones formal launch, NASA’s house plants
Barney Frank says that he stands by Dodd Frank registration of private equity firms, walking back a widely-reported earlier remark that gave the industry great cheer.
Posted by Yves Smith at 6:55 am |
Yesterday was a sad day for American citizens. Benjamin Lawsky, the Superintendent of the New York State Department of Financial Services, announced that he was resigning in June.
An overview of the history of the economic dispute between the IMF and the Eurozone creditors over Greece, and what that means for the ongoing negotiations.
Hillary Clinton does not want to talk about past economic controversies.
Today’s Water Cooler: Warren ISDS amendment on TPP, press fires at Clinton on money issues, Obama signs “Blue Alert”, iron fish in Cambodia
Why outsourcing winds up producing cost creep over time.