Monthly Archives: October 2015

October 31, 2015

• Links 10/31/15
  by Yves Smith 6:55 am

• Why Friendship Isn’t What It Used to Be
  by Yves Smith 6:50 am

• Hillary Clinton Indicates She is Open to Raising the Retirement Age
  by Yves Smith 1:59 am

October 30, 2015

• 2:00PM Water Cooler 10/30/2015
  by Lambert Strether 2:00 pm

• Is the Billionaire-Creating Carried Interest Loophole an Endangered Species?
  by Yves Smith 9:55 am

• Links 10/30/15
  by Yves Smith 6:55 am

• A Dispatch from Germany: The Rhetoric of Competition in Everyday Life and Varoufakis’s Endless Relitigation of the Bailout:
  by Yves Smith 6:50 am

• How Repo Works
  by Yves Smith 5:01 am

• Michael Hudson: How the U.S. Avoided Chronic Deflation by Relinquishing Monetary Control to Wall Street
  by Yves Smith 4:20 am

October 29, 2015

• 2:00PM Water Cooler 10/29/2015
  by Lambert Strether 2:00 pm

• Towards a Program of Study for Posting on the Health Care Industry
  by Lambert Strether 11:55 am

• Links 10/29/15
  by Lambert Strether 6:55 am

• Why is Helane Morrison, General Counsel for Hall Capital, Fund Manager for the Super-Rich, Attacking SEC Investor Protection?
  by Yves Smith 6:07 am

• “The Scourge of Managerialism” – Generic Management, the Manager’s Coup D’Etat, Mission-Hostile Management Rolled Up, as Described by Some Men from Down Under
  by Lambert Strether 1:55 am

• George Washington: The 6 Reasons China and Russia Are Catching Up to the U.S. Military
  by Yves Smith 12:41 am

October 28, 2015

• 2:00PM Water Cooler 10/28/2015
  by Lambert Strether 2:00 pm

• “All Knew That This Interest Was Somehow The Cause of the War”
  by Lambert Strether 11:25 am

• Links 10/28/15
  by Lambert Strether 6:55 am

• Time to Stop Tiptoeing Around the United States on Climate Change
  by Lambert Strether 4:55 am

• Will Adverse Selection Force ObamaCare into a Death Spiral?
  by Lambert Strether 3:55 am

• Wolf Richter: IBM Discloses SEC Investigation, Plunges to Worst Level since 2010, Even Share Buybacks Don’t Work Anymore
  by Lambert Strether 1:55 am

October 27, 2015

• 2:00PM Water Cooler 10/27/2015
  by Lambert Strether 1:55 pm

• What the Steve Jobs Movie Won’t Tell You About Apple’s Success
  by Yves Smith 9:55 am

• Links 10/27/15 and BIG Fundraiser Thanks!
  by Yves Smith 6:59 am

• Elizabeth Warren on How Clinton Backed Student Loan and Mortgage Debt Slavery with Bankruptcy “Reform”
  by Yves Smith 6:53 am

• UPS Continues Its “Wreck the Post Office” Campaign, Presses for Increases on Parcel Prices
  by Yves Smith 6:19 am

• Oxford Professor Schools CalPERS: Contrary to Board Presentation, Private Equity is “Most Expensive Asset Class, By Far”
  by Yves Smith 3:34 am

October 26, 2015

• Countdown!
  by Yves Smith 9:12 pm

• Last Chance for Our Fundraiser, Just About to Beat Our Donor Targets!
  by Yves Smith 7:09 pm

• Final Hours of Fundraiser, Beat New Donor Goal
  by Yves Smith 4:00 pm

• 2:00PM Water Cooler 10/26/2015
  by Lambert Strether 2:00 pm

• British Euroskeptics Go Off the Deep End, Flog Bogus Portugal “Coup” Meme
  by Yves Smith 9:45 am

• Links 10/26/15
  by Yves Smith 6:55 am

• Procrastinators of the World, Unite! Last Day, Last Chance for Our Fundraiser!
  by Yves Smith 6:50 am

• Why Are Eva Moskowitz’s Success Academy Charter Schools Suspending Students Left and Right?
  by Yves Smith 4:08 am

• Iraq, Afghanistan, and Other Special Operations ‘Successes’ Around the World
  by Yves Smith 2:40 am

• China’s Raging Bond Bubble Exposed
  by Yves Smith 2:14 am

• The Plutonomy Is Doing Fine
  by Yves Smith 12:41 am

October 25, 2015

• Links 10/25/15
  by Yves Smith 6:55 am

• “Journalism as It Should Be”
  by Yves Smith 5:17 am

• Don Quijones: Barcelona Threatens to Print Parallel Currency, Madrid Seethes
  by Yves Smith 4:55 am

• Weaker Unions Correlated with More Inequality, Higher Pay for Top Earners
  by Yves Smith 3:29 am

October 24, 2015

• Links 10/24/15
  by Yves Smith 6:55 am

• Rajiv Sethi: Race and Police Bias – Threats Perceived When There Are None
  by Yves Smith 6:45 am

• Internet Advertising and the Publisher Conundrum: The Good, the Bad, and the Ugly
  by Yves Smith 5:43 am

October 23, 2015

• 2:00PM Water Cooler 10/23/2015
  by Lambert Strether 1:59 pm

• Negative Real Rates Signify a Broken Financial System
  by Yves Smith 9:55 am

• Links 10/23/15
  by Yves Smith 6:55 am

• Announcing the Double Your Donation Challenge!
  by Yves Smith 6:54 am

• Failure of Globalization and the Fourth Estate
  by Yves Smith 6:45 am

• New York City and Missouri Pensions Follow California Treasurer Chiang on Private Equity Transparency…..Sort Of
  by Yves Smith 6:44 am

• Joe Firestone: Fiscal Myths of Campaign 2016
  by Yves Smith 4:27 am

• What Could Possibly Go Wrong (Next) in the Middle East?
  by Yves Smith 3:05 am

October 22, 2015

• Mathew D. Rose: Hubris and Nemesis In Germany – Volkswagen, Refugees, and Football
  by Yves Smith 2:00 pm

• 2:00PM Water Cooler 10/22/2015
  by Lambert Strether 1:59 pm

• Joe Firestone: The Platinum Coin Returns
  by Yves Smith 9:55 am

• Links 10/22/15
  by Yves Smith 6:59 am

• Attacks on Sanders, Progressives Falsely Depict Obama As Lefty Failure as Opposed to Neoliberal Success
  by Yves Smith 6:58 am

• Worse Than Fossil Fuels? Why Bioenergy Is Not Green
  by Yves Smith 5:52 am

• TPP Teeters in US Congress
  by Yves Smith 4:18 am

October 21, 2015

• Hooray! Met Our Fourth Goal, On to Our Fifth: More Original Reporting
  by Yves Smith 11:44 pm

• David Sirota: Naked Capitalism – Shining A Crucial Spotlight On the Shadowy World of High Finance
  by Yves Smith 2:05 pm

• 2:00PM Water Cooler 10/21/2015
  by Lambert Strether 2:00 pm

• Hillary Clinton on Social Security Expansion: Words are Wind. A Cold Wind.
  by Lambert Strether 11:55 am

• Announcing the Harry Shearer Challenge!
  by Yves Smith 10:33 am

• Links 10/21/15
  by Yves Smith 6:59 am

• Reformers Stymie Obama a Second Time on Wall Street Cronies: Progressive Pick Lisa Fairfax Nominated for SEC
  by Yves Smith 6:45 am

• Private Equity Firms with Traded Stock Disclose Info that Calls into Question CalSTRS’ Foot Dragging on Disclosure
  by Yves Smith 6:37 am

• How Much Longer Can The Oil Age Last?
  by Yves Smith 5:01 am

October 20, 2015

• 2:00PM Water Cooler 10/20/2015
  by Lambert Strether 2:00 pm

• We’re Winning, Even If We Have to Put Up With Ben Bernanke Naming His Book “Courage to Act”
  by Yves Smith 9:50 am

• Links 10/20/15
  by Yves Smith 6:55 am

• 5 of the Biggest Acts of Corporate Hypocrisy in America
  by Yves Smith 6:13 am

• Dutch Safety Board’s Tjibbe Joustra on MH17: Absence of Evidence is Not Absence of Evidence
  by Yves Smith 2:55 am

• Eric Zuesse: Europe Secretly Starts Imposing TTIP “Trade” Deal Despite the Public’s Overwhelming Opposition
  by Yves Smith 1:31 am

October 19, 2015

• 2:00PM Water Cooler 10/19/2015
  by Lambert Strether 2:00 pm

• ObamaCare’s Neoliberal Marketplace: Failing. And Fraud-Enabling?
  by Lambert Strether 12:25 pm

• Links 10/19/15
  by Lambert Strether 6:55 am

• Adam Levitin: Fighting for the Middle Class
  by Yves Smith 3:31 am

• NY Times’ Gretchen Morgenson Exposes More Layers of Private Equity Fee Chicanery
  by Yves Smith 3:28 am

• How Monsanto Solicited Academics to Bolster Their Pro-GMO Propaganda — Using Taxpayer Dollars
  by Yves Smith 2:06 am

• Corrupt Corporatists Steve Israel And Debbie Wasserman Schultz Declare Fratricidal War Against Progressives
  by Lambert Strether 1:25 am

October 18, 2015

• Thanks! Met Our Third Goal, on to the Fourth!
  by Yves Smith 10:05 pm

• Links 10/18/15
  by Lambert Strether 6:55 am

• Exclusive: Are the SEC’s Mary Jo White and Her Husband Teaming Up to Gut Corporate Disclosure and Make It Harder to Fight Fraud?
  by David Dayen 3:21 am

• Jeff Connaughton: On to Iowa and New Hampshire
  by Yves Smith 12:49 am

• Explaining Recent Declines in Labor’s Share in US Income
  by Lambert Strether 12:40 am

October 17, 2015

• Mark Ames: Why Finance is Too Important to Leave to Larry Summers
  by Yves Smith 9:55 am

• Links 10/17/15
  by Yves Smith 6:55 am

• Michael Hudson: The Paradox of Financialized Industrialization
  by Yves Smith 6:36 am

• How Much Money Does the 1% Have Hidden in Tax Havens?
  by Yves Smith 6:10 am

October 16, 2015

• Nicholas Shaxson: Naked Capitalism – Seriously, Where Else Are You Going to Go?
  by Yves Smith 2:59 pm

• 2:00PM Water Cooler 10/16/2015
  by Lambert Strether 2:00 pm

• CalPERS Backs California Treasurer John Chiang’s Private Equity Transparency Legislation; Where is CalSTRS?
  by Yves Smith 9:55 am

• Hooray! Met Our Second Target Pronto, On to the Third!
  by Yves Smith 7:44 am

• Links 10/16/15
  by Yves Smith 6:55 am

• Wolf Richter: Debt Fueled Stock Buybacks Now Eating into Earnings
  by Yves Smith 6:50 am

• Tom Engelhardt: The Fog of Intelligence, or How to Be Eternally ‘Caught Off Guard’ in the Greater Middle East
  by Yves Smith 3:07 am

• Michael Perelman: The Essential Handbook for Engineering an Unequal Society
  by Yves Smith 2:10 am

October 15, 2015

• Clive: Naked Capitalism – Your Ammunition in the War for Information
  by Yves Smith 3:02 pm

• 2:00PM Water Cooler 10/15/2015
  by Lambert Strether 2:00 pm

• Occupy the SEC Condemns Securities Lawyers for Bullying the SEC, Demanding Preferential Treatment for Clients
  by Yves Smith 10:45 am

• Wow, Met Our First Goal Quickly, On to Our Second!
  by Yves Smith 10:17 am

• Trading Away Land Rights: TPP, Investment Agreements, and the Governance of Land
  by Yves Smith 9:39 am

• Links 10/15/15
  by Yves Smith 6:55 am

• Sanders Debate “Results” as Case Study of the Modern Versailles Hall of Mirrors
  by Yves Smith 4:03 am

• Gaius Publius: Slave Trafficking, TPP & the 2016 Presidential Contest
  by Yves Smith 2:01 am

October 14, 2015

• Fundraiser 2015: Help Us Make More Trouble!
  by Yves Smith 3:05 pm

• 2:00PM Water Cooler 10/14/2015
  by Lambert Strether 2:00 pm

• Michael Hoexter: Should the US Federal Government Invest $4-$6 Trillion Per Year on Climate Protection? (Part 2 of 2)
  by Yves Smith 9:55 am

• Links 10/14/15
  by Yves Smith 6:55 am

• John Helmer: Autopsy of MH17 Crash and the Dutch Report
  by Yves Smith 6:50 am

• Former Chief Investment Officer Slams CalPERS, CalSTRS, Other Funds for Doing Nothing When Told Blackstone Was Cheating Them
  by Yves Smith 5:30 am

• Andrew Bacevich: On Building Foreign Armies and Watching Them Fail
  by Yves Smith 12:58 am

October 13, 2015

• Democratic Debate #1 (Las Vegas): Clinton, Sanders, O’Malley, Chafee, and Webb
  by Lambert Strether 8:10 pm

• 2:00PM Water Cooler 10/13/2015
  by Lambert Strether 2:00 pm

• Michael Hoexter: Should the US Federal Government Invest $4-$6 Trillion Per Year on Climate Protection? (Part 1 of 2)
  by Yves Smith 9:55 am

• Come Join Lambert for the Democratic Presidential Debate
  by Yves Smith 9:54 am

• Links 10/13/15
  by Yves Smith 6:55 am

• After NC, Media Coverage of CalPERS and CalSTRS Private Equity Fee Lapses, California Treasurer John Chiang Calls for Legislation
  by Yves Smith 6:21 am

• The UK’s Money Laundering Mess (I)
  by Richard Smith 2:58 am

• Harvard Business Review Ranks Amazon’s Jeff Bezos as Most Predatory CEO
  by Yves Smith 12:01 am

October 12, 2015

• 2:00PM Water Cooler Columbus Day 2015
  by Lambert Strether 2:00 pm

• Russia’s Move In Syria Threatens Energy Deals With Turkey
  by Yves Smith 9:55 am

• Steve Keen: “Mainstream Economics” and Its Deadly Equilibrium Assumption
  by Yves Smith 6:59 am

• Links 10/12/15
  by Yves Smith 6:55 am

• TPP Intellectual Property Chapter is “A Disaster for Global Health”
  by Yves Smith 6:50 am

• Payday Lenders Pay Off the System So They Can Keep Ripping Off Borrowers
  by Yves Smith 6:25 am

October 11, 2015

• Links 10/11/15
  by Yves Smith 6:55 am

• Mark Blyth: “Austerity Cures Nothing”
  by Yves Smith 3:39 am

• Don Quijones: Did the European Court of Justice Just Torpedo the Mother of All US Trade Agreements?
  by Yves Smith 3:20 am

October 10, 2015

• If Only All Reporters Gave News Like This…
  by Yves Smith 9:41 pm

• Links 10/10/15
  by Yves Smith 6:55 am

• 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
  by Yves Smith 4:29 am

• U.S. Climate Goals: A Reckoning
  by Yves Smith 2:16 am

October 9, 2015

• 2:00PM Water Cooler 10/9/2015
  by Lambert Strether 2:00 pm

• The Financial Sector is Too Big
  by Yves Smith 9:55 am

• Links 10/9/15
  by Yves Smith 6:55 am

• Clinton Outdoes Tsipras in Kolotoumbas with Her Reversals on TPP, Bank Regulations
  by Yves Smith 5:21 am

• How Likely are Investor Suits Under the TPP?
  by Yves Smith 2:30 am

• Right-Wing Urban Outfitters Now Asking Employees to Work for Free
  by Yves Smith 1:39 am

October 8, 2015

• 2:00PM Water Cooler 10/8/2015
  by Lambert Strether 2:00 pm

• Zeitgeist Watch: Wall Street Suicides and the Fear of Falling
  by Yves Smith 9:55 am

• Links 10/8/15
  by Yves Smith 6:55 am

• SEC Gives Blackstone $39 Million Wet Noodle Lashing Over Private Equity Abuses
  by Yves Smith 6:52 am

• Trans-Pacific Partnership: Should the Key Losers – China and Europe – Join Forces?
  by Yves Smith 6:41 am

• John Helmer: What Ambulance-Chasing Lawyers Reveal About the MH17 Shoot-Down – Insufficient Evidence For Prosecution in Any National or International Court
  by Yves Smith 1:06 am

• Michelle Obama Helps Legitimate Private Equity Camo-Washing
  by Yves Smith 12:43 am

October 7, 2015

• 2:00PM Water Cooler 10/7/2015
  by Lambert Strether 2:00 pm

• Privatization, Charters & High-Stakes Tests: Arne Duncan’s Education Legacy
  by Yves Smith 9:55 am

• Links 10/7/15
  by Yves Smith 6:55 am

• Could The Syrian Conflict Irrevocably Change Global Geopolitics?
  by Yves Smith 4:15 am

• The Billion-Dollar Moldovan Bank Scam, Scottish Limited Partnerships, and the UK’s Anti-Money-Laundering Mess
  by Richard Smith 2:58 am

• Fatal Fraud? More Big Dollar Settlements by For-Profit Hospices
  by Yves Smith 1:38 am

October 6, 2015

• Full Translation of Japanese Government’s Summary of the TPP
  by Yves Smith 6:35 pm

• 2:00PM Water Cooler 10/6/2015
  by Lambert Strether 2:00 pm

• Why Japan Did America’s Dirty Work in the TPP: USTR Gave Away the Agricultural Store
  by Lambert Strether 12:35 pm

• GXG Markets Fallout (I): Capital Venture Europe Sues GXG
  by Richard Smith 7:27 am

• Links 10/6/15
  by Yves Smith 6:55 am

• TPP: It’s Not a Deal, It’s Not a Trade Deal, and It’s Not a Done Deal
  by Lambert Strether 4:55 am

• Bernanke’s Cockroaches
  by Yves Smith 4:31 am

• The Right Wing’s Assault on the Post Office – Smashing the Myth That It’s in Financial Trouble
  by Yves Smith 2:17 am

October 5, 2015

• 2:00PM Water Cooler 10/5/2015
  by Lambert Strether 2:00 pm

• Links 10/5/15
  by Lambert Strether 6:55 am

• Michael Hudson on Parasitic Financial Capitalism
  by Yves Smith 6:18 am

• Is Russia Plotting To Bring Down OPEC?
  by Yves Smith 3:14 am

• Richard Richard Wolff on Jobs Now, and David Cay Johnson and Jobs Then
  by Lambert Strether 2:55 am

• Market Liquidity in Liquid Markets: Pitfalls and Trends
  by Lambert Strether 1:55 am

October 4, 2015

• ObamaCare’s Open Enrollment Period to Begin, Faces Challenge of Selling to Those Who’ve Done the Math
  by Lambert Strether 12:25 pm

• Links 10/4/15
  by Lambert Strether 6:55 am

• Gaius Publius: More Evidence We’ve Reached a “Peak Water” Tipping Point in California
  by Lambert Strether 1:55 am

October 3, 2015

• Links 10/3/15
  by Yves Smith 6:55 am

• Lawrence Wilkerson: “The Empire is in Deep, Deep Trouble”
  by Yves Smith 3:57 am

• Wolf Richter: This Chart Truly Depicts a New, Terrible Trend in Jobs Mess
  by Yves Smith 3:40 am

• Heads Up! NC Fundraiser Coming Soon!
  by Yves Smith 12:39 am

October 2, 2015

• 2:00PM Water Cooler 10/2/2015
  by Lambert Strether 2:00 pm

• CalSTRS Board Chairman Harry Keiley, in Op-Ed Rejected by Financial Times, Gave Inconsistent and Inaccurate Information in Carry Fee Scandal
  by Yves Smith 11:00 am

• Links 10/2/15
  by Yves Smith 6:55 am

• Fight Over Postal Service Board Heats Up as Labor/Consumer Advocates/Minority Coalition Opposes Payday Lender Lobbyist, Privatization Backers
  by Yves Smith 6:48 am

• Europe’s Refugee “Crisis”
  by Yves Smith 5:49 am

• Nomi Prins: Trump’s Art of the Con – Busted Businesses and Conflicts of Interest
  by Yves Smith 12:37 am

October 1, 2015

• 2:00PM Water Cooler 10/1/2015
  by Lambert Strether 2:00 pm

• How ‘Competitive’ Tax and Incentive Policies Hurt Small U.S. Businesses
  by Yves Smith 9:55 am

• Links 10/1/15
  by Yves Smith 6:55 am

• Don Quijones: Catalonia Exit Threat Moves Spain Toward Political Breakdown
  by Yves Smith 2:51 am

• John Helmer: M17 – Why the Investigation Will Never End, the Evidence Never Seen
  by Yves Smith 1:05 am

• Gaius Publius: What Sanders Can Accomplish by Not Acting
  by Yves Smith 12:48 am