Monthly Archives: September 2014

September 30, 2014

• Wow, Met Our First Goal, On to Our Second!
  by Yves Smith 4:37 pm

• 2:00PM Water Cooler 9/30/14
  by Lambert Strether 1:58 pm

• Links 9/30/14
  by Yves Smith 6:55 am

• Ending the Era of Stupid
  by Yves Smith 6:25 am

• The New Normal of Monetary Policy
  by Yves Smith 3:08 am

• Americans Work Too Long and at Strange Times
  by Yves Smith 1:36 am

September 29, 2014

• Launching Our 2014 Fundraiser!
  by Yves Smith 4:56 pm

• A Quick Tour of Naked Capitalism’s New Features
  by Lambert Strether 4:55 pm

• 2:00PM Water Cooler 9/29/14
  by Lambert Strether 1:48 pm

• Fed Whistleblower Carmen Segarra, Snowden, and the Closing of the Journalistic Mind
  by Yves Smith 9:55 am

• Links 9/29/14
  by Lambert Strether 6:55 am

• Ilargi: Can Money Save The Climate?
  by Lambert Strether 3:55 am

• William R. Black on Prosecuting Criminal Banker CEOs: Obama and Holder Don’t Even Care Enough to Fake It
  by Lambert Strether 12:55 am

• Contra Jared Bernstein: Stagnation, Spending, and The Velocity of Wealth
  by Yves Smith 12:08 am

September 28, 2014

• Links 9/28/14
  by Lambert Strether 6:55 am

• Yanis Varoufakis: Frances Coppola and Simon Wren-Lewis on the “Modest Proposal vs. Austerian Federalists”
  by Lambert Strether 3:55 am

• Ukrainian Squillionare Victor Pinchuk and His Clinton, Brookings, and Peterson Connections
  by Lambert Strether 2:25 am

September 27, 2014

• Links 9/27/14
  by Yves Smith 6:55 am

• Iceland: Bankers Convicted, Unemployment Down
  by Yves Smith 3:09 am

• Philip Pilkington: Is Economics a Science? Dogmatic Economics Vs. Reflective Economics
  by Yves Smith 2:25 am

September 26, 2014

• 2:00PM Water Cooler 9/26/14
  by Lambert Strether 1:58 pm

• Don Quijones: “Slimlandia,” The Land of Mexican Oligarchs
  by Yves Smith 9:55 am

• Links 9/26/14
  by Yves Smith 6:58 am

• The Tenacity of Free Market Fundamentalism
  by Yves Smith 6:40 am

• Bill Black: The New York Times Claims Opposing EU Austerity Leads to Anti-Semitism
  by Yves Smith 5:49 am

• Battling to Curb “Vulture Funds”
  by Yves Smith 4:49 am

September 25, 2014

• 2:00PM Water Cooler 9/25/14
  by Lambert Strether 1:58 pm

• The SEC Coverup for Private Equity: Worse Than for TBTF Banks
  by Yves Smith 10:30 am

• Links 9/25/14
  by Yves Smith 6:55 am

• Obama Administration Again Sides With Abusive Loan Servicers, This Time on Student Loans
  by Yves Smith 6:41 am

• G20 Finance Ministers Reveal Impotence in the Face of Rising Stresses
  by Yves Smith 4:34 am

• “The Most Remarkable Chart I’ve Seen in Some Time”: Rich Gain More Ground in Every US Expansion
  by Yves Smith 12:51 am

September 24, 2014

• 2:00PM Water Cooler 9/24/14
  by Lambert Strether 1:58 pm

• Is Rising Inequality Inevitable?
  by Yves Smith 9:55 am

• Links 9/24/14
  by Yves Smith 6:55 am

• With Two Months Until Open Enrollment, ObamaCare’s IT Is Still a Hot Mess
  by Lambert Strether 4:55 am

• Wolf Richter: After Mucking up Housing Market, Investors Flee
  by Yves Smith 4:28 am

• Mathew D. Rose: “We Need A Banking Revolution”
  by Yves Smith 3:07 am

September 23, 2014

• 2:00PM Water Cooler 9/23/14
  by Lambert Strether 1:58 pm

• Christie Team Digging Deeper Hole in Pension Fund Scandals
  by Yves Smith 9:55 am

• Links 9/23/14
  by Yves Smith 6:58 am

• Media Giving Corporate Executives a Free Pass on Their Value Extraction
  by Yves Smith 6:10 am

• Bill Black: Roger Cohen’s Ode to Colonialism and Imperialism: Why is It “Insidious” to Want Justice for Banksters?
  by Yves Smith 4:36 am

• Ilargi: The Fed Kills Emerging Markets For Profit
  by Yves Smith 1:43 am

• NC 2014 Fundraiser Launches Next Week!
  by Yves Smith 12:48 am

September 22, 2014

• 2:00PM Water Cooler 9/22/14
  by Lambert Strether 1:58 pm

• Links 9/22/14
  by Lambert Strether 6:55 am

• Evil Feedly and Digg: “Social Logins” as Symptoms of Creeping Surveillance State
  by Yves Smith 5:03 am

• And Then Gerard’s Car Caught on Fire
  by Lambert Strether 4:55 am

• For-Profit Colleges as Factories of Debt
  by Yves Smith 4:54 am

• Revisiting the Modest Proposal: Q&A with a Skeptic – Fall 2014 version (*)
  by Lambert Strether 2:55 am

September 21, 2014

• Links 9/21/14
  by Lambert Strether 6:55 am

• Finance Sector Wages: Explaining Their High Level and Growth
  by Lambert Strether 2:55 am

• Scottish Independence Vote: Results, Ramifications and Neglected Corners
  by Richard Smith 12:55 am

September 20, 2014

• Links 9/20/14
  by Yves Smith 6:55 am

• Too Big to Be Saved: Systemic Risk Alive and Well in Europe
  by Yves Smith 3:26 am

• European Union Court of Justice Imposes Anti-Rasmussen Rule – Sanctions Cannot Be Imposed by Reason of Fabrication, Lies, Dissimulation
  by Yves Smith 2:27 am

September 19, 2014

• 2:00PM Water Cooler 9/19/14
  by Lambert Strether 1:58 pm

• An Accident Waiting to Happen: The $1 Trillion Leveraged Loan Market
  by Yves Smith 9:55 am

• Links 9/19/14
  by Yves Smith 6:55 am

• On the Vote Against Scottish Independence
  by Yves Smith 5:02 am

• Social Norms and the Enforcement of Laws
  by Yves Smith 2:53 am

• Wolf Richter: Fed – Forget “Escape Velocity,” Not Gonna Happen, Ever
  by Yves Smith 1:56 am

September 18, 2014

• 2:00PM Water Cooler 9/18/14
  by Lambert Strether 1:58 pm

• US Declares War on Russia – Titanium
  by Yves Smith 9:55 am

• Links 9/18/14
  by Yves Smith 6:55 am

• Who Wins in the Financial Casino?
  by Yves Smith 6:17 am

• Bill Black: The New York Times’ Coverage of EU Austerity Remains Pathetic
  by Yves Smith 2:27 am

• The Deficit Disaster That Never Was
  by Yves Smith 1:10 am

September 17, 2014

• 2:00PM Water Cooler 9/17/14
  by Lambert Strether 1:58 pm

• Class Bigots: Finding Themselves On Third Base and Thinking They Hit a Triple
  by Yves Smith 9:55 am

• Links 9/17/14
  by Yves Smith 6:48 am

• Philip Pilkington: The Scottish Currency Question – A Solution
  by Yves Smith 5:58 am

• Ilargi: Subprime is Back With a Vengeance
  by Yves Smith 5:51 am

• Matt Stoller: The Solution to ISIS Is the First Amendment
  by Yves Smith 5:46 am

September 16, 2014

• 2:00PM Water Cooler 9/16/14
  by Lambert Strether 1:58 pm

• Maggie Mahar: 1/3 of Medicare Spending is Wasted
  by Yves Smith 9:55 am

• Links 9/16/14
  by Yves Smith 6:55 am

• The Scottish Independence Vote: Views From a Distant Half-Scot
  by Richard Smith 6:01 am

• US Corporate Executives to Workers: Drop Dead
  by Yves Smith 4:09 am

September 15, 2014

• Investment Bombshell: CalPERS Exiting Hedge Funds
  by Yves Smith 8:25 pm

• 2:00PM Water Cooler 9/15/14
  by Lambert Strether 1:58 pm

• Links 9/15/14
  by Yves Smith 6:55 am

• Philip Pilkington: Krugman Still Wrong on Monetary Theory (Loanable Funds Edition)
  by Yves Smith 4:46 am

• What Drives Obama’s Foreign Policy?
  by Yves Smith 3:48 am

• Oil – The Next Commodity Domino?
  by Yves Smith 3:08 am

• Wolf Richter: California Home Sales Dive, Prices Hit Wall, Millennials Blamed
  by Yves Smith 12:34 am

September 14, 2014

• Links 9/14/14
  by Yves Smith 6:55 am

• World Bank Pays $500 Million to Ukraine Central Bank Despite Warnings of World Bank Board and IMF Staff
  by Yves Smith 1:53 am

• Kim Dotcom, Glenn Greenwald, and New Zealand’s Intelligence Service, GCSB
  by Richard Smith 12:06 am

September 13, 2014

• Links 9/13/14
  by Yves Smith 6:55 am

• Is New Jersey Fudging Its Pension Fund Results to Defuse a Christie Scandal?
  by Yves Smith 5:06 am

• Steve Keen: The ECB’s Eurozone Medicine is Nonsense
  by Yves Smith 1:11 am

September 12, 2014

• 2:00PM Water Cooler 9/12/14
  by Lambert Strether 1:58 pm

• Are Advanced Economies Mature Enough to Handle No Growth?
  by Yves Smith 9:55 am

• Links 9/12/14
  by Yves Smith 6:55 am

• Wolf Richter: ‘Wealth Effect’ Kicks in – Luxury Homes Are Hot, Rest of Housing Market Gets Hosed
  by Yves Smith 4:54 am

• Oil: No Price is Right
  by Yves Smith 4:34 am

• All in the Family: How the Koch Brothers, Sheldon Adelson, Sam Walton, Bill Gates, and Other Billionaires Are Undermining America
  by Yves Smith 2:25 am

September 11, 2014

• 2:00PM Water Cooler 9/11/14
  by Lambert Strether 1:58 pm

• The Fed Fails, Um, Does Irony
  by Yves Smith 9:55 am

• Links 9/11/14
  by Yves Smith 6:55 am

• Has Apple Pay Just Put Apple in the CFPB’s Crosshairs?
  by Yves Smith 2:48 am

• Race and the Wealth Gap
  by Yves Smith 12:40 am

• Matt Stoller: 5 Reasons for the Zephyr Teachout Phenomenon, and 5 Reasons Andrew Cuomo Is Still Governor
  by Yves Smith 12:05 am

September 10, 2014

• 2:00PM Water Cooler 9/10/14
  by Lambert Strether 1:58 pm

• Links 9/10/14
  by Yves Smith 11:28 am

• Bill Black: Time to End Ethnic Profiling in Prosecuting Mortgage Fraud
  by Yves Smith 9:55 am

• Low Wage Growth, High Long-Term Unemployment Recognized as International Problem
  by Yves Smith 6:34 am

• Ilargi: The Black Swan Of Scotland
  by Yves Smith 1:05 am

September 9, 2014

• The Nigerians are Upping Their Game
  by Yves Smith 5:27 pm

• 2:00PM Water Cooler 9/9/14
  by Lambert Strether 1:58 pm

• Links 9/9/14
  by Yves Smith 6:55 am

• Finance and Social Justice
  by Yves Smith 5:18 am

• Nomi Prins on the Credit Derivatives Systemic Risk Bomb
  by Yves Smith 2:52 am

• STILL 1.4 Million Fewer Full-Time Jobs Than in 2008
  by Yves Smith 2:26 am

• New Yorkers: Take a Stand Against Cronyism and Corruption – Vote for Teachout and Wu Today
  by Yves Smith 1:26 am

September 8, 2014

• 2:00PM Water Cooler 9/8/14
  by Lambert Strether 1:58 pm

• Links 9/8/14
  by Lambert Strether 6:55 am

• Michael Hudson: Losing Credibility – The IMF’s New Cold War Loan to Ukraine
  by Yves Smith 5:55 am

• Did Corruption in the Construction Trades Blunt the Impact of Obama’s Stimulus Package?
  by Lambert Strether 5:55 am

• Yanis Varoufakis: Can Europe Escape Its Crisis Without Turning Into an Iron Cage?
  by Lambert Strether 1:55 am

• Philip Pilkington: The Efficient Markets Hypothesis Has Been Proved Wrong But Economists Do Not Want to Listen
  by Yves Smith 12:34 am

September 7, 2014

• Links 9/7/14
  by Lambert Strether 6:55 am

• What Are the Long-Term Unemployed Doing With Their Time?
  by Lambert Strether 4:55 am

• Rajiv Sethi: The CORE Project on Teaching Economics
  by Lambert Strether 1:55 am

September 6, 2014

• Links 9/6/14
  by Lambert Strether 6:55 am

• Elizabeth Warren on Bill Moyers: Will More and Better Democrats Put a Stake Through the Heart of Neoliberalism?
  by Lambert Strether 4:55 am

• Investor Dispute Settlement: A Rogue Corporation in the World Bank’s Rogue Tribunal
  by Lambert Strether 2:55 am

September 5, 2014

• 2:00PM Water Cooler 9/5/14
  by Lambert Strether 1:58 pm

• Links 9/5/14
  by David Dayen 3:30 am

• Fed Survey of Consumer Finances Shows Americans Understand Their Lousy Economic Condition
  by David Dayen 2:30 am

• The ECB as Enabler: Doubles Down on Failed Monetary Policies
  by Yves Smith 2:17 am

• Tony West’s Departure Ends Era of Pathetic Bank Settlements
  by David Dayen 2:00 am

• Wolf Richter: Startup CEO (Unwittingly) Explains Biggest Problem in America’s Unemployment Crisis
  by David Dayen 1:30 am

• Oil Is Back! A Global Warming President Presides Over a Drill-Baby-Drill America
  by Yves Smith 12:05 am

September 4, 2014

• 2:00PM Water Cooler 9/4/14
  by Lambert Strether 1:55 pm

• Links 9/4/14
  by Lambert Strether 6:55 am

• ObamaCare Roundup: Fun with the IRS, the Auto-Renewal Trap, and Continued Relentless Creation of Second-Class Citizens
  by Lambert Strether 3:55 am

• Don’t Worry About Eric Cantor; Worry About His Staffers
  by David Dayen 2:30 am

• Blogs Review: The Bond Market Conundrum Redux
  by Lambert Strether 12:55 am

• J.D. Alt: Bank Dollars & Sovereign Spending
  by Yves Smith 12:15 am

September 3, 2014

• 2:00PM Water Cooler 9/3/14
  by Lambert Strether 1:55 pm

• Another Private Equity Scam: Clawback Language Does Not Work As Advertised
  by Yves Smith 10:40 am

• Links 9/3/14
  by David Dayen 3:30 am

• Discrimination: Minority Mortgage Market Experiences Leading Up to and During the Financial Crisis
  by David Dayen 2:00 am

• Huarong’s Shadow Bank Bailout: This Changes Everything
  by David Dayen 1:00 am

• Mathew D. Rose: Merkel’s Götterdämmerung, Victory in Ukraine and Draghi’s Old Trick
  by Yves Smith 12:56 am

September 2, 2014

• New Zealand: How Crooks’ Buddies at WhaleOil Bounced Out the Chief of the Serious Fraud Office, and More
  by Richard Smith 4:30 pm

• 2:00PM Water Cooler 9/2/14
  by Lambert Strether 1:55 pm

• 2-for-1 Links Split
  by Lambert Strether 7:46 am

• Links 9/2/14
  by Lambert Strether 6:55 am

• Publish or Be Damned – Or Why Central Banks Need to Say More About The Path of Their Policy Rates
  by Lambert Strether 4:55 am

• Obama Phones It In for Labor Day
  by Lambert Strether 4:25 am

• Hidden Bomb in Single-Family Rental Securitizations: Trigger Risk
  by Yves Smith 2:11 am

• Nine Years After Katrina, Coastal Restoration Plans Remain Distant Dream for New Orleans
  by Lambert Strether 12:55 am

September 1, 2014

• Don Quijones: Judge Turns Monsanto’s Mexican GMO Dream Into Legal Nightmare
  by Yves Smith 11:34 am

• Links Labor Day 2014
  by Lambert Strether 6:55 am

• Labor Day: Human Labor, Human Rental, Human Gift
  by Lambert Strether 6:50 am