Monthly Archives: December 2012

December 31, 2012

• Michael Hudson: America’s Deceptive 2012 Fiscal Cliff, Part II – The Financial War Against the Economy at Large
  by Yves Smith 11:53 am

• Links 12/31/12
  by Lambert Strether 6:55 am

• Bullock Brothers Homestead – A 25-Year Permaculture Project
  by Lambert Strether 2:30 am

• Cleaning House: Will Obama Go After the Big Boys?
  by Lambert Strether 1:30 am

December 30, 2012

• Links 12/30/12
  by Yves Smith 6:50 am

• Banks Deeply Involved in FBI-Coordinated Suppression of “Terrorist” Occupy Wall Street
  by Yves Smith 3:24 am

• Does Floating Hagel Balloon Show Obama’s Posture Towards Iran?
  by Yves Smith 1:16 am

December 29, 2012

• Links 12/29/12
  by Yves Smith 1:24 am

December 28, 2012

• Deprogramming Progressives Indoctrinated into Supporting Austerity
  by Yves Smith 12:43 pm

• Michael Hudson: America’s Deceptive 2012 Fiscal Cliff: Part I
  by Lambert Strether 9:30 am

• Links 12/28/2012
  by Lambert Strether 9:08 am

• The Fed Targets Unemployment With More Money for Banks
  by Lambert Strether 7:30 am

December 27, 2012

• Washington’s Blog: Facebook Censors Prominent Political Critics
  by George Washington 11:52 pm

• Links 12/27/12
  by Yves Smith 6:44 am

• Obama Administration Seeks to Strengthen Rupert Murdoch
  by Matt Stoller 6:09 am

• Lynn Parramore: Orcs v. Goblins: Crazed Republicans Turn on Each Other in Ugly Fiscal Cliff Battle
  by Yves Smith 1:08 am

December 26, 2012

• Lawmakers Call for Stricter Gun Control Even As They Subsidize Gun Industry
  by Matt Stoller 1:34 pm

• Links 12/26/12
  by Yves Smith 6:55 am

• Administration Planning to Use Fannie and Freddie to Provide More Stealth Stimulus
  by Yves Smith 2:13 am

December 25, 2012

• Links 12/25/12
  by Yves Smith 1:37 am

• Bill Black: Kill the “Fiscal Cliff” Instead of the Economy
  by Yves Smith 1:24 am

• A Heavy Metal Christmas
  by Yves Smith 12:08 am

December 24, 2012

• Links 12/24/12
  by Yves Smith 3:23 am

• Econ4 on Health Care
  by Yves Smith 2:28 am

• Richard Alford: The Fed’s Orwellian Claims About its Transparency
  by Yves Smith 1:59 am

• We are Six Years Old
  by Yves Smith 1:39 am

December 23, 2012

• Top Tax Expert Confirms Our Doubts About Occupy Wall Street’s Debt Buying/Forgiveness Scheme
  by Yves Smith 6:30 am

• Links 12/23/12
  by Yves Smith 4:47 am

• Wolf Richter: The EU Bailout Oligarchy Issues A Report About Itself
  by Yves Smith 3:59 am

December 22, 2012

• Links 12/22/12
  by Yves Smith 1:56 am

• Michael Hoexter: “Deficit” is the Wrong Word and Concept
  by Yves Smith 12:20 am

• Untold History: The Rise and Fall of a Progressive Vice-President of the USA
  by Yves Smith 12:10 am

December 21, 2012

• Links 12/21/12
  by Yves Smith 7:45 am

• Externalities and the Dubious Defenses of Gun Enthusiasts
  by Yves Smith 7:41 am

• Revealed: Why the Pundits Are Wrong About Big Money and the 2012 Elections
  by Yves Smith 3:24 am

• Yanis Varoufakis: Will the Real Economy Rebound, Following Wall Street’s Resuscitation? And What of Europe?
  by Yves Smith 1:05 am

• Bill Black: Let’s Celebrate the Failure of the July 2011 Great Betrayal
  by Yves Smith 12:43 am

December 20, 2012

• Links 12/20/12
  by Yves Smith 6:50 am

• Cathy O’Neil: Why Nate Silver is Not Just Wrong, but Maliciously Wrong
  by Yves Smith 6:10 am

• Quelle Surprise! UBS Gets a Cost-of-Doing-Business Fine for “Epic” Libor Fraud (Updated)
  by Yves Smith 5:56 am

• Why Does Neoliberalism Persist Even After the Global Crisis?
  by Yves Smith 2:51 am

• Conservation Not Technology will be our Savior – Chris Martenson (Part 2)
  by Yves Smith 12:54 am

December 19, 2012

• Links 12/19/12
  by Yves Smith 4:07 am

• Quelle Surprise! The Geithner Doctrine Not Only Puts Banks Above the Law, It Also Serves to Excuse Their Bad Behavior
  by Yves Smith 3:46 am

• UK Gets Tough on Missold Swaps; What Excuse Does the US Have?
  by Yves Smith 1:22 am

• Wolf Richter: A Revolt Against Corporate Welfare Programs For Multinationals In France
  by Yves Smith 12:20 am

• Don’t Fall for the Shale Boom Hype – Chris Martenson Interview
  by Yves Smith 12:05 am

December 18, 2012

• An Open Letter to David Cameron, the Prime Minister of the United Kingdom of Great Britain and Northern Ireland, from Mrs N Turner
  by Richard Smith 12:27 pm

• Links 12/18/12
  by Yves Smith 4:50 am

• Neil Barofsky Meets with Occupy Wall Street
  by Yves Smith 3:40 am

• Philip Pilkington: Economics as Machine – The Nature and Folly of the Forecasters
  by Yves Smith 3:30 am

• Stealth Target of Defense Spending Cuts: America’s Highly Effective Socialized Medicine Provider, the VA System, and Military Benefits Generally
  by Yves Smith 3:21 am

• The Probability of Greek Exit, Revisited
  by Yves Smith 3:13 am

December 17, 2012

• Where is Judiciary Chairman Patrick Leahy on Big Bank Crimes and Obama?
  by Matt Stoller 9:20 am

• Links 12/17/12
  by Lambert Strether 6:55 am

• Michael Olenick: The Lesson of Newtown – Time to Charge for the True Cost of Gun Ownership
  by Yves Smith 6:23 am

• Afghanistan: An Army Prepares
  by Lambert Strether 1:05 am

December 16, 2012

• Systemic Risks in Global Banking: What Available Data Can Tell Us and What More Data Are Needed?
  by Lambert Strether 11:55 pm

• Links 12/16/12
  by Lambert Strether 6:55 am

• The Green Revolution: Raj Patel, Author, Activist, Economist
  by Lambert Strether 1:55 am

December 15, 2012

• The Price Of “Collective Trauma”: Greece At The Brink of Civil War
  by Lambert Strether 11:30 pm

• Links 12/15/12
  by Yves Smith 4:11 am

• Your Humble Blogger Discusses the Fiscal Cliff with Bill Moyers and Bruce Bartlett
  by Yves Smith 3:37 am

• Ian Fraser: HSBC’s $1.9 Billion Settlement Sets (Another) Dangerous Precedent
  by Yves Smith 3:11 am

December 14, 2012

• Deutsche Bank’s $12 Billion in Hidden Losses: Why Whistleblower Charges Have Merit and Why They Matter
  by Yves Smith 1:51 pm

• Links 12/14/12
  by Yves Smith 4:49 am

• Mirabile Dictu! EU Gets Tough on Banker Pay, Proposes Strict Bonus Limits
  by Yves Smith 4:21 am

• Lesley Hazelton: Seeing Muhammad – and Each Other – Whole
  by Yves Smith 3:51 am

December 13, 2012

• Quelle Surprise! OCC Confirms that Big Banks are Badly Managed, Lack Adequate Risk Management Controls
  by Yves Smith 10:30 am

• Links 12/13/12
  by Yves Smith 6:55 am

• How Many People Will Die if We Raise the Medicare Age to 67?
  by Matt Stoller 6:50 am

• Neil Barofsky: Too Big to Jail – Our Banking System’s Latest Disgrace
  by Yves Smith 6:18 am

• Occupy the SEC Submits Amicus Brief to the Supreme Court in Gabelli v. SEC
  by Yves Smith 1:52 am

• Wolf Richter: Sweden’s Euro Hostility Hits A Record
  by Yves Smith 12:05 am

December 12, 2012

• Stephanie Kelton Explains Modern Monetary Theory to You
  by Yves Smith 9:37 am

• Links 12/12/12
  by Yves Smith 2:37 am

• Is Obama Getting Rid of the FHFA’s Ed DeMarco to Bail Out the Banks?
  by Yves Smith 12:58 am

December 11, 2012

• Washington’s Blog: U.S. Army Starts Targeting Children
  by George Washington 7:43 pm

• DOJ Refuses to Indict HSBC For Money Laundering Explicitly Because It is Too Big To Fail
  by Matt Stoller 7:06 pm

• Basel III: Dead on Arrival?
  by Richard Smith 10:23 am

• Deutsche Bank Didn’t “Ignore” Losses of LSS Trade, It Went Through the Mother of All Canadian Restructurings
  by Yves Smith 8:04 am

• Links 12/11/12
  by Yves Smith 6:55 am

• Obama and Boehner’s Grand Bargain: Gullible Democrats are Falling for the Ol’ “Good Cop, Bad Cop” Routine
  by Yves Smith 6:44 am

• How the Koch Brothers Manipulate Climate Change Studies
  by Yves Smith 12:05 am

December 10, 2012

• HSBC to Pay $1.9 Billion Fine for Money Laundering
  by Yves Smith 4:47 pm

• Links 12/10/12
  by Yves Smith 4:36 am

• Krugman Ponders the Fallen State of US Labor
  by Yves Smith 3:36 am

• Bill Black:  Why is the Failed Monti a “Technocrat” and the Successful Correa a “Left-Leaning Economist”?
  by Yves Smith 1:04 am

December 9, 2012

• Risk and Reward in High Frequency Trading
  by Yves Smith 10:46 pm

• Links 12/9/12
  by Yves Smith 3:44 am

• Former Belgian Central Banker on Why the Money System is a Taboo Topic
  by Yves Smith 2:56 am

• The Grey Lady Voices Some Skepticism About IPO of Single Family Rental Player Silver Lake
  by Yves Smith 2:11 am

• Yanis Varoufakis: Why Europe Needs More Leaders Like Bruno Kreisky, Who Navigated 1970s Upheaval and Stagflation Well
  by Yves Smith 12:15 am

December 8, 2012

• Links 12/8/12
  by Yves Smith 3:29 am

• Dan Kervick: Why MMT is Not a Free Lunch
  by Yves Smith 3:12 am

• Barbara Roper Weighs in on the SEC Vacancy
  by Matt Stoller 12:10 am

• The BLS Jobs Report Covering November 2012: Hollow Gains
  by Lambert Strether 12:01 am

December 7, 2012

• New Econoparody: “Oil to the World”
  by Yves Smith 10:44 pm

• Links 12/7/12
  by Yves Smith 6:55 am

• Fiscal Cliff Propaganda Watch: Business Owner Says the Fiscal Cliff Made Him Fire His Son
  by Yves Smith 4:15 am

• Matt Stoller: Why It’s Worth Fighting Over Who Runs the SEC
  by Matt Stoller 3:14 am

December 6, 2012

• Bill Black: Note to Italy – Please Send Us More Saracenos
  by Yves Smith 1:30 pm

• Links 12/6/12
  by Yves Smith 5:03 am

• Khuzami Deathwatch: SEC Ignores Tips About $12 Billion of Hidden Losses at Deutsche Bank
  by Yves Smith 3:42 am

• Econ4 Video on the Housing and Foreclosure Crisis (With Your Humble Blogger in a Supporting Role)
  by Yves Smith 12:50 am

• Wonder Why States Are Broke? One Reason is Companies Play Them Off Against Each Other
  by Yves Smith 12:35 am

• Satyajit Das: L’Age d’Or, Part 2 – Golden Memories
  by Yves Smith 12:18 am

December 5, 2012

• Citi Cuts 11,000 Jobs Rather Than Lower Pay, Illustrating Rentier Capitalism in Operation
  by Yves Smith 11:40 am

• Links 12/5/12
  by Yves Smith 6:55 am

• Philip Pilkington: Monetary Policy and Metaphysics – How Economists Try to Naturalise Terrible Policies and Disappear Into Their Own Theories
  by Yves Smith 6:00 am

• The Obscenely Rich Men Bent on Shredding the Safety Net
  by Yves Smith 2:38 am

• Abigail Field: HousingWire Propaganda Part II – The Irresponsible Borrower Myth, Harry & Louise Style
  by Yves Smith 12:26 am

December 4, 2012

• Satyajit Das: L’Age d’Or, Part 1 – “A Barbarous Relic”
  by Yves Smith 10:37 pm

• Links 12/4/12
  by Yves Smith 6:55 am

• Time to Fire the SEC’s Khuzami: Fails to Act on Whistleblower Tips Under Dodd Frank Program
  by Yves Smith 6:54 am

• Paying Dexia’s Debts: The Risks of Globalized Finance
  by Yves Smith 4:52 am

• Abigail Field: HousingWire Propaganda Not to Be Believed, Part I – Reanalyzing the Data
  by Yves Smith 3:47 am

• Wolf Richter: New Rules For Life Insurers – “Future Generations Have To Deal With The Financial Carnage”
  by Yves Smith 2:38 am

December 3, 2012

• Links 12/3/12
  by Lambert Strether 6:55 am

• Is There a Case for Optimism About the Eurozone?
  by Yves Smith 4:18 am

• Crime and Punishment in Australian Business (as in the Former is on the Rise, and Wondering if They Will Ever See the Latter)
  by Lambert Strether 2:30 am

• Why the Fiscal Cliff is a Scam (part 2)
  by Lambert Strether 1:09 am

December 2, 2012

• Why Occupy Wall Street’s Rolling Jubilee Puts Borrowers at Risk
  by Yves Smith 2:48 pm

• Links 12/2/12
  by Lambert Strether 6:55 am

• Sepp Holzer: Aquaculture – Synergy of Land and Water
  by Lambert Strether 3:00 am

• J. D. Alt: 2020
  by Lambert Strether 2:15 am

December 1, 2012

• Links 12/1/12
  by Yves Smith 4:40 am

• Dan Kervick: Will We Be the Lamest Generation?
  by Yves Smith 4:27 am

• Why the Fiscal Cliff is a Scam
  by Yves Smith 3:26 am