Thursday, February 11, 2016

Links 2/6/16

drinking bird links

Gaius Publius: The Pressure on Warren to Support Hillary Clinton

The hypocritical feminist project to strong-arm Elizabeth Warren into backing Hillary Clinton.

John Helmer: Strauss-Kahn Finds a New Way of Dropping His Pants

Strauss-Kahn demonstrates that even tarnished brand names can still be monetized.

Paul Craig Roberts on Michael Hudson’s Killing the Host

An introduction to Michael Hudson and his latest book.

2:00PM Water Cooler 2/5/2016

By Lambert Strether of Corrente. TTP/TTIP/TiSA Australia: “The signing ceremony on February 4 in Auckland for the Trans-Pacific Partnership is mainly a public relations exercise.” Let’s hope so [Sidney Morning Herald]. “It masks the fact that for Australia and most TPP countries, the public debate and parliamentary process to pass implementing legislation, leading to final […]

Capital Bleeds from Emerging Asia

2015 was a terrible year for emerging markets, not just in terms of trade in goods and services, but also capital exit.

Links 2/5/16

little penguin links

Adolph Reed on Sanders, Coates, and Reparations

Adolph Reed begs to differ with Ta-Nehisi Coates on reparations.

CalPERS Takes on Risk Where Federal Government Fears to Tread: Provides Liquidity to a Derivatives Central Counterparty on the Cheap

CalPERS has engaged in one of the most bone-headed moves ever, the financial equivalent of picking up pennies before a steamroller.

Bill Black: How Many Lies Can the WSJ Pack into a Chart on Liar’s Loans?

Bill Black is not happy about the revisionist history on liar’s loans. And separately, this piece is a useful exercise in the critical reading of narratives.

2:00PM Water Cooler 2/4/2016

Today’s Water Cooler: TPP signed, Iowa caucus “debacle,” Clinton’s $675,000 speech, Ta-Nahesi Coates, cladistics, semantics, dendrochronology

Trump’s Neofascism Isn’t Going Away, Even if Trump Does

Trump represents a new strain in American politics: low wage full employment and the protection of the status of big business through violent discipline.

Links 2/4/16

Siamese links

New York Times’ Bank-Boosting, Neoliberal-Excusing Story of the Global Debt Hangover

A new story at the New York Times on the global debt overhang is an economically warped account that omits important policy options.

The North Korean Connections of US Billionaire Naguib Sawiris and US Defence Company Contrack Watts

US Billionaire Naguib Sawiris and his Contrack Watts, a major US defence contractor, turn out to have ties to North Korea, via an amazingly profitable mobile phone company