Wednesday, October 7, 2015

A Physician Substantially Tied to the Pharmaceutical Industry Nominated to Run the FDA

Yves here. As Roy Poses stresses, the media has underreported on the conflicts of interest at work in this FDA nomination. Be sure to read the very long list of Big Pharma names that have supported Dr. Richard Cardiff’s research and provided grants and speaking fees.

Tony Benn’s Ten Minute History of Neoliberalism

A must-watch speech by the great British socialist Tony Benn.

2:00PM Water Cooler 9/25/2015

Today’s Water Cooler: TPP heats up with Augusta meeting, Trump and TPP, Clinton email snoozefest, Sanders leads in NH, GDP up, the human brain

Private Equity Underperformance Denialist, Pension Consulting Alliance, Tells CalSTRS to Fix Performance Problems by Scrapping Benchmark

CalSTRS’ and CalPERS’ consultant, Pension Consulting Alliance, argues for getting rid of benchmarks altogether in a desperate effort to depict investing in private equity as ever and always sound.

Links 9/25/15

tree frog links

Former California Official Blasts CalPERS CEO Anne Stausboll, Staff, and Board for Misconduct

Former California official Tony Butka He deems Chief Investment Officer, Ted Eliopoulos, the head of private equity, Réal Desorchers, and private equity professional Christine Gogan to have been so dishonest with the board that they all have should have received a notice of intent to discharge.

Imperial Overreach: U.S. Special Ops Forces Deployed in 135 Nations

The US has special ops missions in 70% of the countries in the world,, more than at the height of the conflicts in Iraq and Afghanistan.

Bill Black on the Department of Justice’s Failure to Prosecute Individuals and Promises to Do Better

This is a wide-ranging interview with Bill Black on a subject of the keen desire of the public to see more corporate officials prosecuted for big business misdeeds, and why that never happens these days.

2:00PM Water Cooler 9/24/2015

Today’s Water Cooler: Sanders and electability, cops whack guy in wheelchair, mass extinction, Coltrane’s birthday, sharing economy scam

Gaius Publius: Will Senator Whitehouse Renew His Call for RICO Prosecution of Climate-Denying Companies like Exxon?

Did climate change denialists like Exxon coordinate their activities, as Big Tobacco did to foster doubt about smoking’s role in lung cancer? If so, what would it take for RICO prosecutions to occur?

Links 9/24/15

ghila monster and crab

Public Pension Fund Study: High Fee Strategies Like Private Equity Lose Billions Compared to Cheaper Alternatives

A recent report slammed public pension funds for losing money relative to what they could have done by investing in high fee strategies like private equity. And that’s even before incorporating the fact that private equity returns are overstated.

Greece: No Lessons Learned

Greece, which has undertaken the most severe austerity, has experienced the deepest economic contraction. But the policy quackery continues.

VW Scandal Bad News For Diesel

The ramifications for the diesel industry as its reputation as cleaner fuel comes under scrutiny.

2:00PM Water Cooler 9/23/2015

Today’s Water Cooler: Trump on God, Biden v. Clinton, manufacturing stats, designer water in LA, corporate death penalty for VW, annotation