Author Archives: Yves Smith

John Helmer: US Strategy In The Middle East Is Dying, Along With Its Authors, Carter And Brzezinski; Putin, Al-Assad Get To Dance On Their Graves, David Ben-Gurion Too

US experts try to claim the Russians are vulnerable in the Middle East as the window for US intervention closes. A German military analyst: “The Red Army is invigorated to a level that has never been fielded on the Middle Eastern map.”


Clinton Outdoes Tsipras in Kolotoumbas with Her Reversals on TPP, Bank Regulations

The big problem with Hillary is it is hard to believe she stands for anything other than her desire to exercise power. Her latest bout of opportunism only reinforces that notion.


SEC Gives Blackstone $39 Million Wet Noodle Lashing Over Private Equity Abuses

The SEC is up to its usual kabuki, of pretending that a mere cost-of-doing business punishment for a firm that has engaged in widespread abuses amounts to a serious effort at enforcement. The gap between misconduct and SEC action is particularly striking in the case of private equity. In May 2014, former SEC examination chief […]