Monthly Archives: March 2016

March 31, 2016

• 2:00PM Water Cooler 3/31/2016
  by Lambert Strether 2:00 pm

• Paul Ryan Sorry for Calling Americans “Takers.” Let’s Talk About the Real Takers.
  by Yves Smith 9:55 am

• New Zealand Foreign Trusts and the Unaoil Scandal: More Chickens Coming Home to Roost, and They’re Big
  by Richard Smith 7:06 am

• Links 3/31/16
  by Yves Smith 6:55 am

• Mainstream Media Ignores Blockbuster Expose of Massive Bribery in Iraq by Unaoil
  by Yves Smith 6:12 am

• Gaius Publius: The Rebellion Will Not Go Away
  by Yves Smith 5:20 am

• Climate Change Alert: Life Is About To Get Much Worse
  by Yves Smith 4:27 am

March 30, 2016

• 2:00PM Water Cooler 3/30/2016
  by Lambert Strether 2:00 pm

• Marshall Auerback: Donald Trump Understands the Nexus Between Trade and Immigration
  by Yves Smith 9:55 am

• Links 3/30/16
  by Yves Smith 6:55 am

• Brexit: This is What We Call a Muppet Show
  by Yves Smith 6:50 am

• Campbell Brown: The New Leader of the Propaganda Arm of School Privatization
  by Yves Smith 3:35 am

• Thomas Frank: How Democrats Created Liberalism of the Rich
  by Yves Smith 12:47 am

March 29, 2016

• 2:00PM Water Cooler 3/29/2016
  by Lambert Strether 2:00 pm

• Hillary Clinton’s Email Hairball Summarized in 11 Points (a Test of Presidential Character)
  by Lambert Strether 9:55 am

• Links 3/29/16
  by Yves Smith 6:55 am

• Negative Interest Rates – Are There Any Positives?
  by Yves Smith 6:50 am

• “The Battle for VA Healthcare and Its Funding”
  by Yves Smith 5:50 am

• The US is Beginning to Dominate Global Investment Banking: Implications for Europe
  by Yves Smith 5:21 am

March 28, 2016

• 2:00PM Water Cooler 3/28/2016
  by Lambert Strether 2:00 pm

• Senators Try to Scuttle Syngenta/ChemChina Merger, in a Harbinger for U.S. Posture Toward Chinese Investment
  by David Dayen 9:55 am

• Links 3/28/16
  by David Dayen 6:55 am

• Oxfam Report on Rent Seeking Among the Top Wealthy Reinforces Neoliberal Shibboleths
  by Yves Smith 6:50 am

• Private Equity Kingpins Whine as Stock Market Values Languish
  by Yves Smith 4:30 am

• Good Booms, Bad Booms: Why Only Some Credit Booms End in a Crisis
  by David Dayen 2:30 am

March 27, 2016

• Links 3/27/16
  by Yves Smith 6:55 am

• Wolf Richter: World Trade Collapses in Dollars, Languishes in Volume
  by Yves Smith 4:29 am

• Millennials Like Socialism — Until They Get Jobs. Or Until a Pollster Tells Them That It Would Mean Tax Increases But Doesn’t Tell Them, for Example, That the Tax Increases Would Replace Healthcare Insurance Premiums and Out-Of-Pocket Medical Expenses. And Doesn’t Tell Them That “More Government Services” Means Something Other Than, Say, Trash Collection Twice a Week Instead of Once a Week.
  by Yves Smith 3:18 am

March 26, 2016

• Links 3/26/16
  by Yves Smith 6:55 am

• The Global War on Drugs Has Unleashed an International Health Crisis, Says Top Health Panel
  by Yves Smith 2:31 am

• Bill Black: Democrats Need to Give Up Being Deficit Hawks Even When it Feels Good Politically
  by Yves Smith 1:42 am

March 25, 2016

• 2:00PM Water Cooler 3/25/2016
  by Lambert Strether 2:00 pm

• Don Quijones: Brexit Meltdown at the Bank of England
  by Yves Smith 9:55 am

• Links 3/25/16
  by Yves Smith 6:55 am

• How McKinsey Helped Turn Big Pharma into a Rent Extraction Business
  by Yves Smith 6:40 am

• Corporate Media Tries to Bury Sanders Alive
  by Yves Smith 4:48 am

• The Hidden Health Costs of the Global Financial Crisis
  by Yves Smith 1:45 am

March 24, 2016

• 2:00PM Water Cooler 3/24/2016
  by Lambert Strether 2:00 pm

• Bill Black Speaks to TaxCast About the Political Coalition Against Financial Regulation
  by Yves Smith 9:55 am

• Links 3/24/16
  by Yves Smith 6:55 am

• Michael Pettis: Trump and the Re-Emergence of the Jacksonians
  by Yves Smith 6:50 am

• Yale Law Journal: “In Defense of ‘Free Houses'”
  by Yves Smith 4:03 am

March 23, 2016

• Phoenix Mayor Calls for Department of Justice Investigation into Maricopa County Disproportionately Reducing Polling Stations in Minority Neighborhoods
  by Yves Smith 8:50 pm

• 2:00PM Water Cooler 3/23/2016
  by Lambert Strether 2:00 pm

• Misunderstanding the Great Recession
  by Yves Smith 9:55 am

• Links 3/23/16
  by Yves Smith 6:55 am

• Michael Hudson and Chris Hedges: The Real World Cost of Turning Classical Economics Upside Down
  by Yves Smith 5:43 am

• Robert Reich: 5 Reasons Why Trump’s and Cruz’s Tax Plans are Huge Giveaways to the Rich
  by Yves Smith 3:22 am

• Mossack Fonseca: The New Zealand Connection
  by Richard Smith 1:15 am

March 22, 2016

• 2:00PM Water Cooler 3/22/2016
  by Lambert Strether 2:00 pm

• Assuming Away Unemployment and Trade Deficits from the TPP
  by Yves Smith 9:55 am

• Links 3/22/16
  by Yves Smith 6:55 am

• Is California Treasurer John Chiang Serious About His Private Equity Fee Transparency Bill?
  by Yves Smith 6:52 am

• The Oil and Gas Fire Sale: How Bad Will Losses to Banks and Investors Be?
  by Yves Smith 6:15 am

• Michael Hudson on Debt Deflation, the Rentier Economy, and the Coming Financial Cold War
  by Yves Smith 4:51 am

March 21, 2016

• 2:00PM Water Cooler 3/21/2016
  by Lambert Strether 2:00 pm

• The Democrat Establishment Plan for a Three-Front Anti-Trump, Republican-Splitting, Anti-Left Campaign
  by Lambert Strether 12:55 pm

• Links 3/21/16
  by Lambert Strether 6:55 am

• Banks Once Burned, Now Twice Shy About Taking on More Takeover-Deal-Related Junk Debt
  by Yves Smith 5:54 am

• Income Inequality and Income Mobility: New Evidence from OECD Nations
  by Lambert Strether 5:25 am

• Louis Proyect: Is Kathryn Bigelow our Leni Riefenstahl?
  by Yves Smith 2:35 am

March 20, 2016

• Responding to Political Attacks on Single Payer
  by Lambert Strether 11:45 am

• Links 3/20/16
  by Lambert Strether 6:55 am

• Criminal Matter for the Attorney General of NY? NYC’s $764M Medical Records System Will Lead to ‘Patient Death’: Insiders
  by Lambert Strether 5:25 am

March 19, 2016

• Links 3/19/16
  by Yves Smith 6:55 am

• The Refugee Crisis: A European Call for Action
  by Yves Smith 4:24 am

• Reducing Carbon Emissions Won’t Halt Economic Growth
  by Yves Smith 2:51 am

March 18, 2016

• 2:00PM Water Cooler 3/18/2016
  by Lambert Strether 2:00 pm

• Wolf Richter: Hamptons Super-Luxury Homes Whacked by Reversing “Wealth Effect”
  by Yves Smith 9:55 am

• Links 3/18/16
  by Yves Smith 6:55 am

• Moodys: Public Pension Underfunding to Worsen as Returns Lag
  by Yves Smith 5:00 am

• New Zealand Foreign Trusts: Chickens Coming Home to Roost
  by Richard Smith 4:30 am

• Peter Van Buren: Five Questions You Probably Won’t Hear in the Presidential Debates
  by Yves Smith 3:58 am

March 17, 2016

• 2:00PM Water Cooler 3/17/2016
  by Lambert Strether 2:00 pm

• Refugees and the Economy: Lessons from History
  by Yves Smith 9:51 am

• Links 3/17/16
  by Yves Smith 6:55 am

• Negative Interest Rate Conundrum
  by Yves Smith 6:35 am

• The Rationale Behind Russia’s Withdrawal From Syria
  by Yves Smith 2:22 am

• GAG, Merrick Garland Edition. (And Krugman Is Just So, So Mystified That So Many Progressives Support Sanders.) –
  by Yves Smith 1:08 am

March 16, 2016

• Oppose Turkish Persecution of Academics for Peace
  by Yves Smith 8:25 pm

• 2:00PM Water Cooler 3/16/2016
  by Lambert Strether 2:00 pm

• Springtime for Trump, Cruz and Kasich; Half-Time for Bernie and Hillz
  by Lambert Strether 12:30 pm

• Links 3/16/16
  by Yves Smith 6:55 am

• Mathew D. Rose: Chancellor Merkel Victrix
  by Yves Smith 3:15 am

• Why a Serious Oil Rebound Is Not Coming Soon
  by Yves Smith 1:04 am

• Civilian Control of the Military is Over, Welcome to Civilian Subjugation
  by Yves Smith 12:05 am

March 15, 2016

• 2:00PM Water Cooler 3/15/2016
  by Lambert Strether 2:00 pm

• GAO Report Debunks Fair Value Accounting, Protecting Students and Homeowners
  by David Dayen 9:55 am

• Links 3/15/16
  by Yves Smith 6:55 am

• How the Cutthroat Walmart Business Model Is Reshaping American Public Education
  by Yves Smith 3:34 am

• How Much International Tax Evasion is There?
  by Yves Smith 2:28 am

• Mikhail Lesin’s Corpse Press-Ganged for Infowar by Victoria Nuland
  by Yves Smith 12:43 am

March 14, 2016

• 2:00PM Water Cooler 3/14/2016
  by Lambert Strether 2:00 pm

• Former Citi Vice Chairman Robert Rubin, Target of DoJ Investigation, is Too Big to Jail
  by Yves Smith 9:55 am

• Mirabile Dictu: Lead Story at Bloomberg Gives a Thumbs Up to MMT
  by Yves Smith 7:50 am

• Links Pi Day 2016
  by David Dayen 6:55 am

• An Eyewitness Report from the Thwarted Trump Rally
  by Yves Smith 6:50 am

• Silvia Merler: ECB TLTRO 2.0 – Lending at Negative Rates
  by David Dayen 2:30 am

• Nicholas Shaxson: Why “National Competitiveness” is Like Ice Cream
  by Yves Smith 1:35 am

March 13, 2016

• Links 3/13/16
  by Yves Smith 6:55 am

• Hoisted From Comments: American Education, Then and Now
  by Yves Smith 3:25 am

• Gaius Publius: When Trump Talks Trade, Voters Listen
  by Yves Smith 12:32 am

March 12, 2016

• Links 3/12/16
  by Yves Smith 6:55 am

• Radioactive Waste Still Leaking Five Years After Fukushima Nuclear Disaster
  by Yves Smith 1:03 am

• Louis Proyect: Boom Bust Boom
  by Yves Smith 12:26 am

March 11, 2016

• 2:00PM Water Cooler 3/11/2016
  by Lambert Strether 2:00 pm

• Brexit Endangers London’s Status as a Financial Hub
  by Yves Smith 9:55 am

• Links 3/11/16
  by Yves Smith 6:55 am

• Gaius Publius: The Goal of the Neo-Liberal Consensus Is to Manage the Decline
  by Yves Smith 5:20 am

• HSBC’s Money Laundering Nightmare (2): Mossack Fonseca, a Year in Words and Pictures, March 2015-March 2016
  by Richard Smith 3:00 am

• John Helmer: US War Aim Fails, Putin Gains, Medvedev Loses
  by Yves Smith 2:22 am

March 10, 2016

• 2:00PM Water Cooler 3/10/2016
  by Lambert Strether 2:00 pm

• Wolf Richter: Desperate “Dumb Money” from China Now Chasing Unicorns
  by Yves Smith 9:55 am

• Links 3/10/16
  by Yves Smith 6:55 am

• Could This Lawsuit Be the Straw That Breaks the TPP’s Back?
  by Yves Smith 6:50 am

• Wall Street Journal Analysis of Mortgage Settlements Shows Very Little Went to Wronged Borrowers
  by Yves Smith 4:24 am

• Krugman Then and Now on Trade
  by Yves Smith 1:58 am

• The IMF and the Next Crisis
  by Yves Smith 12:55 am

March 9, 2016

• 2:00PM Water Cooler 3/9/2016
  by Lambert Strether 2:00 pm

• Flint’s Water Crisis: A Chronicle of Disenfranchisement, Denial, and Buck-Passing
  by Yves Smith 9:55 am

• Links 3/9/16
  by Yves Smith 6:55 am

• Sanders Upset Win in Michigan, as Clinton Blows Another 20-Point Lead
  by Lambert Strether 5:25 am

• More Proof of CalSTRS’ Misrepresentations and Foot-Dragging in the Private Equity Carry Fee Scandal
  by Yves Smith 4:00 am

• Energy Wars of Attrition
  by Yves Smith 1:02 am

March 8, 2016

• 2:00PM Water Cooler 3/8/2016
  by Lambert Strether 2:00 pm

• ObamaCare and the Crapification of Health Care: A Case Study, and a Growing Collection of Horror Stories
  by Lambert Strether 12:25 pm

• Links 3/8/16
  by Lambert Strether 6:55 am

• Gerald Friedman Responds to the Romers on the Sanders Plan: Different Models, Different Politics
  by Yves Smith 6:50 am

• Gaius Publius: Can Hillary Clinton Beat Donald Trump? A Preliminary Look
  by Lambert Strether 5:25 am

• Bill Black: The Whistleblowers’ Third Lemon Award is to Fannie and FHFA
  by Yves Smith 12:19 am

March 7, 2016

• 2:00PM Water Cooler 3/7/2016
  by Lambert Strether 2:00 pm

• Hillary Clinton’s Dehumanizing Appropriation of “Intersectionality”
  by Lambert Strether 1:30 pm

• Links 3/7/16
  by Yves Smith 6:55 am

• Britain’s EU Referendum – Lessons in Successful Trench Warfare
  by Yves Smith 6:50 am

• Why the Oregon Refuge Occupiers Had a Legitimate Grievance…..Just Not the One They Went After
  by Yves Smith 1:34 am

• Ilargi: China – A 5-Year Plan And 50 Million Jobs Lost
  by Yves Smith 1:23 am

March 6, 2016

• Links 3/6/16
  by Lambert Strether 6:55 am

• Media Attention and Investment Decisions
  by Lambert Strether 5:25 am

• Galbraith: Attack on Sanders’ Economic Plan By Former Chairs of the Council of Economic Advisors Irresponsible
  by Yves Smith 12:31 am

• Forecasting Elections
  by Yves Smith 12:15 am

March 5, 2016

• Links 3/5/16
  by Yves Smith 6:55 am

• Wolf Richter: Bavarian Banks Hoard Cash in Revolt Against ECB Negative Interest Rates
  by Yves Smith 2:43 am

• China Continues to Focus on Growth, Not Reform
  by Yves Smith 2:32 am

• Clinton Will Build Her Biggest Lead on March 15. Sanders Will Erode It After That.
  by Yves Smith 2:08 am

March 4, 2016

• 2:00PM Water Cooler 3/4/2016
  by Lambert Strether 2:00 pm

• Life after Brexit: The UK’s Options Outside the EU
  by Yves Smith 9:55 am

• Links 3/4/16
  by Yves Smith 6:55 am

• Bill Black: The Clintons Have Not Changed – The Clintonian War on the IG Watchdogs
  by Yves Smith 2:46 am

• Hoisted From Comments: Banks Supporting the War on Cash
  by Yves Smith 2:33 am

• A Feisty Debate on Corporate Tax: Tax Justice Network vs. Tim Worstall
  by Yves Smith 1:52 am

March 3, 2016

• 2:00PM Water Cooler 3/3/2016
  by Lambert Strether 2:00 pm

• The Implications of Brexit for the Rest of the EU
  by Yves Smith 9:55 am

• Links 3/3/16
  by Yves Smith 6:55 am

• Social Security Privatizer Larry Fink of Giant Asset Manager BlackRock is a Clinton Treasury Secretary in Waiting
  by Yves Smith 4:02 am

• National Poll Finds Bipartisan Suport for Serious Regulation of Charter Schools
  by Yves Smith 3:48 am

March 2, 2016

• Google is Evil….
  by Yves Smith 9:03 pm

• 2:00PM Water Cooler 3/2/2016
  by Lambert Strether 2:00 pm

• The Modi Government and India’s Economy
  by Yves Smith 9:55 am

• Links 3/2/16
  by Yves Smith 6:55 am

• Merkel in Jeopardy: Germany’s European Hegemony, Refugees and Upcoming Elections
  by Yves Smith 4:00 am

• Your Humble Guest Writer Talks Real Estate Economics and New York City
  by Yves Smith 12:19 am

• Clinton Announces When She Will Disclose Her Healthcare Insurance Improvement Plan: She’ll Announce It Just as Soon as the Republican Presidential Candidates Tell Us Theirs
  by Yves Smith 12:10 am

March 1, 2016

• 2:00PM Water Cooler 3/1/2016
  by Lambert Strether 2:00 pm

• A Proposed Natural Gas Pipeline is Next to a Nuclear Power Plant. What Could Go Wrong?
  by Yves Smith 9:55 am

• Links 3/1/16
  by Yves Smith 6:55 am

• Some Real Costs of the Trans-Pacific Partnership: Nearly Half a Million Jobs Lost in the US Alone
  by Yves Smith 6:00 am

• Was Clintonomics Good for Working People?
  by Yves Smith 2:00 am

• John Helmer: FireEye – A Case Study in How the Financial Times Weaponizes Its Middle East Reporting
  by Yves Smith 12:16 am