Links 4/9/16

Joe Medicine Crow, historian, 1913-2016 Financial Times

Shimmering Immaculate Republican Candidate Appears Before GOP Officials Onion (David L)

Squirrels show softer side by adopting orphans, study finds Science Daily (aet)

Angry Mob Kills Dog Thief in Northern Vietnam Saigoneer (resilc)

The lies we tell are more convincing when we need to pee Guardian (Robert M)

Global warming is changing the way the Earth spins on its axis Business Insider

Scientists Set To Drill Into Extinction-Event Crater In Mexico NPR (David L)

Mossack Fonseca

Excellent Panama Papers t-shirt: ‘Mossack Fonseca: because taxes are for poor people’ Boing Boing (resilc)

Panama papers: Mossack Fonseca offices in El Salvador raided BBC

Offshore tax haven specialist David Marchant unpacks the headline grabbing #PanamaPapers BizNews (Richard Smith)

In 1950s Panama diner, glum offshore lawyers count cost of leak Reuters (Richard Smith)

Have an offshore? Maybe you’re feeling indigestion McClatchy. Richard Smith:

Not much so far. Many of the small number of people named don’t have Panamanian companies but rather BVI ones etc. However

a) “There are about 3,500 shareholders of offshore companies who list U.S. addresses” These are the ones most likely to turn out actually to be Americans…not guaranteed though.
b) “almost 3,100 companies are tied to offshore professionals based in Miami, New York and other parts of the United States”

It’s perhaps a smidge less likely that this lot are fronting Americans. Anyone who wants to put USD in the States could be a candidate; in the past that has included people like Tymoshenko of Ukraine, and lately, as we know, lotsa Brazilians (Miami Herald coverage). Organised crime is another possibility.

It’s going to take a while to sort that lot out.

Beyond Panama: USA has become the banking secrecy jurisdiction du jour Common Dreams (Sid S)

My brief career as an Indian Ocean tax pirate Financial Times

How The Oil Crisis Has Impacted Military Spending OilPrice


The Roots and Contours of Worker Rebellion in a Changing China The Bullet (Sid S)

4-star admiral wants to confront China. White House says not so fast Navy Times

China Blocks Economist and Time Websites, Apparently Over Xi Jinping Articles New York Times

Why the eurozone is still headed for total disaster The Week (Sid S)

European Union: Brussels finance chief admits ECB policies are making people poorer Daily Express. EM: “Committing the faux pas of candor.”

The Financial Crisis, Austerity And The Drift From The Centre Social Europe (Sid S)

Nuit debout protesters occupy French cities in revolutionary call for change Guardian (gonzomarx). Lambert: “Important! Note the creative tactic of nighttime occupation (good because more working people can participate).”

Refugee Crisis

Afghan refugees trapped in limbo in Greece with nowhere to go USA Today

Germany sees sharp decline in refugee numbers AA


SYRIZA, The IMF And The EU: Gambling With The Future Of Greece Social Europe. A very good overview both on the current sorry state of the economy and the positions of the key players.

Greece Hopes for Draft Agreement With Creditors But IMF, EU Rift Remains Wall Street Journal


Covering Up Hillary’s Libyan Fiasco Consortiumnews (Sherry)

The Case of Soldier A Counterpunch (Chuck L)

Exclusive: 21 Generals Lead ISIS War the U.S. Denies Fighting Daily Beast (resilc)

US arms shipment to Syrian rebels detailed Jane’s 360 (Chuck L)

Big Brother is Watching You Watch

CIA’s Venture Capital Arm Is Funding Skin Care Products That Collect DNA Intercept (resilc)

The Senate’s Draft Encryption Bill Is ‘Ludicrous, Dangerous, Technically Illiterate’ Wired (Chuck L)

FBI director says unlocking method won’t work on newer iPhones Reuters (EM)

US pushes Apple for access to iPhones in criminal cases BBC

Imperial Collapse Watch

Ex-Abu Ghraib Interrogator: Israelis Trained U.S. to Use “Palestinian Chair” Torture Device Democracy Now!

Rory Fanning, Talking to the Young in a World That Will Never Truly Be “Postwar” TomDispatch


Another blow to political transparency as Clinton campaign blasts reporters with white noise machine so they can’t hear her speech at outdoor campaign fundraiser Daily Mail (Sherry)

Has Bill Clinton Lost His Political Mojo? Vanity Fair (resilc)

Bill Clinton Needs to Stop Defending Crime Bill New York Magazine (resilc)

Sanders Backers Press Clinton Superdelegates Wall Street Journal

Bernie Sanders Is Speaking at the Vatican Next Week Vice (resilc). I would hate to be the person who broke the news to Hillary…

Sanders gaining on Clinton in California poll Sacramento Bee

Is the media biased against Bernie Sanders? Vox (resilc). Vox needs to ask?

Mercedes diesel owners file new lawsuit in United States Reuters

Tennessee Lawmaker Exiled Because He May Pose A Risk To ‘Unsuspecting Women’ Huffington Post (jessm)

Oklahoma budget crisis opens door to criminal justice reform Reuters (EM)

Why the Banks Should Be Broken Up Matt Taibbi (Sherry). Wow, even Taibbi thinks Krugman is so off base that it needs to be addressed.

US banks under fire over AGM abstentions Financial Times

Yellen Fires Back on Kashkari’s TBTF Assessment American Banker (free registration)

Insurers warned of downgrade risk from US retirement shake-up Financial Times

Millennial Employees Confound Big Banks Wall Street Journal

Growing a Nation Won’t Always Grow Its Economy Bloomberg

Class Warfare

Three Chinese restaurants fired their robot workers Business Insider (David L)

China’s robot army set to surge Financial Times. Will this be the new form of over-investment, the 21st century version of dot-bomb companies?

Inequality and Aggregate Demand Mark Thoma

Antidote du jour:

dog on motorbike lnks

See yesterday’s Links and Antidote du Jour here.

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  1. allan

    Cameron takes blame for mishandling of Panama Papers revelations

    David Cameron has said he must take the blame for the way Downing Street handled revelations about his interest in his late father’s offshore investment fund, and suggested he will imminently publish details of his personal tax affairs.

    To be published on the same schedule as Clinton’s speeches to GS.

    The only thing Cameron’s apologizing for is having flubbed the PR response,
    not for the facts revealed by the revelations.
    This is how you say `no controlling legal authority’ in an Oxbridge accent.

  2. rich

    Newt Becomes PEU

    Former House Speaker Newt Gingrich is now a private equity underwriter (PEU) with JAM Capital Partners. JAM needs Newt for the following reasons, according to the WSJ.

    The firm said the former House speaker would help with raising a $100 million fund to invest in businesses in the southeastern region of the U.S.

    Along with helping raise the new fund, Mr. Gingrich will work with the companies that JAM Capital plans to acquire and assist them with regulatory issues, said Mr. McCallum.

    Fundraising and regulatory assistance are euphemisms for mobilizing connections and greasing hurdles.

    Fitting name.

    1. MyLessThanPrimeBeef

      Rome was not build in a day.

      The hegemony did not disappear over night, as the tentacles of power is everywhere.

      Which first: Break up Wall Street or break up the revolving door politics?

      Which one – small donors, or mandatory public financing of campaigns?

      1. different clue

        Focus on whatever enemy position is least well defended and can most likely be overrrun and secured with the limited resources available. Then consolidate the conquered position and use its conquered resources to build strength to conquer the next-least-well-defended enemy position.

        View it as a social class warfighting analog of the staged and paced warfighting from objective to objective to objective which the COLA ( Coalition Of Lawful Authority) forces have been waging in Syria against the GAJ ( Global Axis of Jihad) forces in Syria.

        It isn’t Social Class Warfare until the Lower Class joins the battle and closes with the enemy. Till then it is just Upper Class Rule.

        1. JTMcPhee

          dc, your first paragraph is a nice summary of the strategy and tactics that have worked remarkably well for ISIS and that complexity we in our monotonic Western hubris call “the Taleban.” And how about that Boko Haram bunch, hey? You got to hand it to them and their leaders — they sure know how to do all that stuff Sun Tzu and Mao and Che and so forth laid down for the less well endowed… Add in the part about the “transfer” of all those weapons our Battlespace dc, Manager-ers and sneaky-petes spend all those dollars and inspired hijinks putting in place at the long tail of the US supply chain and logistics machine, for the “national armies and police forces” that are inevitably part of the great Democratization Plan to run away and leave for “The Enemy” to police up and turn about, or just switch sides onaccounta some advantage perceived by their warlords…

          Compare the US Imperial Model: Shock&Awe, then corruption and dissolution, and finally declare victory or something and move on to the next episode…

          “Mission Accomplished!”

    2. inode_buddha

      Wait a few years, watch that space… there’ll be some huge dishonest scandal there, guaranteed.

  3. Cry Shop

    “Palestinian chair” started out in China. Israel and China have frequent exchanges on civil control of minorities, spyware, unconventional war technology, etc. China deploys a number of drones which are rip-offs of Israeli drones, which in turn quite a lot of US technology in them. Israel was instrumental in China’s development of their aircraft carrier killer missile. With friends like Israel, who needs enemies? Why the MIC, of course!

    Sardines, anchovies anyone? It use to be the medical advise was to avoid bottom feeders or top the food chain seafood, and go for the fore mentioned, mullet, etc. that ate suspended plant life or micro-organisms. That advise is soon going to be stood on its head.

    Micro-plastic found in digestive systems of Tokyo Bay fish

    It’s not the radiation from Fukushima that’s already killing a large number of people, that’s a bit of a miss-directions. Cancer rates are going up and will continue to shoot up because these micro-plastics act as sponges for heavy metals, pharmacological, large chain carcinogens, teratogenic compounds, moving them into the food chain. While vegans reduce risk by avoiding meat and seafood; wind, water, and animal life actions move these items onto land and into plant matter, where everyone is taking up a part of the risk.

    As I like to put it, you are unknowingly eating something designed to adsorb oils that some else washed with, put through a pharmacological and biological mad laboratory known as the sewer system, and then it got mixed in with all the industrial waste in the rivers, estuaries and coastal plains.

    1. Dave

      “It’s not the radiation from Fukushima that’s already killing a large number of people, that’s a bit of a miss-directions.”

      Besides the excellent description of the additive effects of microspheres, something about this smells like miss-direction, perhaps unintentionally?

      Radiation is in addition to chemical pollution.

      TEPCO anyone?

    2. MyLessThanPrimeBeef

      We don’t share our GDP.

      But we share all the pollutants excreted by the GDP.

    3. polecat

      Welcome to the ‘new and unimproved evolution’…….of, well ….just about everything!

    4. different clue

      Is there still a lot less plastic in the North Atlantic? Would sardines from the North Atlantic still be relatively safe to eat?

      Look on the bright side. If fish bio-magnify all this plastic-borne pollution up the food chain, eventually a lot of that pollution will be concentrated in mid-foodchain-level and top-foodchain-level fish. Those fish can then be mass-harvested and decomposed and the compost dried and burned down to high-pollutant ash. And the ash can then be electric-arc plasmafied to disassemble most of the pollutants down into harmless basic bits. And the non-disappeared elemental pollutants can then be deep-cave buried or something.

      Which is better than letting all that chemo-plastic filth keep re-circulating in the ocean again and again and again.

      1. For The Win

        I suspect corporations would make more money concentrating the pollutants in our body and having us pay for the privilege.

        Capitalism for the win.

  4. Bas

    In short, robots still lack the ability to think for themselves well enough to replace human waiters and waitresses.

    HAL 9000 and MOTHER will whip them into shape…

    1. MyLessThanPrimeBeef

      Thank our not-robot God.

      When robots can think for themselves, that would be THE END OF US.

      Can all the techno-geniuses please stop fondling Pandora’s Box?

      1. Pavel

        Ha ha, as soon as I saw “HAL 9000” mentioned above I wondered if we would hear from you :)
        Thanks for the smile.

    2. cwaltz

      Wait? Does that mean that jobs like waitress that are considered entry level require intelligence?

      Someone might want to alert the idiots who keep insisting that entry level jobs that don’t require college should not require the owners to pay a meaningful wage that doesn’t require begging for social safety net help.

      I believe I have mentioned a time or two that most of these entry level jobs require multitasking, something a basic model robot isn’t going to do well. The more you expect a robot to do the more it’s going to cost. That isn’t even including the maintenance costs they’ll require.

      1. Left in Wisconsin

        Yes, somehow if it doesn’t involve sitting at a desk after college and graduate school or, even better, giving lectures/orders to others, then it is unskilled. Could you imagine Krugman trying to wait tables at a busy diner? That would be hilarious.

        1. bob

          The key skill required seems to be talking about how much you work. It’s become such a hot job that it’s now taken on its own brand. Trump!

      2. ChrisPacific

        There is a pretty big difference between good and bad wait staff, and between staff with different specialties.

        I remember showing up for dinner once at a fine dining restaurant that doubled as an after-work wine bar. We showed up pretty early and the bar staff were still on duty. We were seated and given menus but the place was pretty busy with people mostly standing or sitting at the bar, and nobody noticed we were ready to order. I was starting to get frustrated when 6 o’clock arrived and the evening wait staff came on. Unlike the bar staff, the new waitress caught my look almost instantly even though I was on the other side of the room. She looked at me long enough to acknowledge, then finished up the 3-4 tasks that she was currently involved with before working her way across the room to talk to us. Try teaching a robot to do that.

  5. James Levy

    I find myself in one narrow instance on the side of the Government. It is not unreasonable to gain a warrant to get Apple to take the data off one phone in a criminal case. It is dangerous and unreasonable demanding that Apple turn over decryption information for all their phones to the Feds. It is not unreasonable for the Feds to obtain a legal warrant for specific information from an individual phone. That to me meets the requirement of due process and is not an unconstitutional search or seizure.

    1. NotTimothyGeithner

      Agreed. I wonder if quality control isn’t so hot at Apple these days, and they know there is a problem.

    2. Antifa

      You make a clear point, and most reasonable people would agree with the occasional need for law enforcement to get ready access to a suspect’s phone: “We’ve got 4 hours to crack this phone and find out where that nuke is hidden, Clancy!”

      Unfortunately, if the operating system of any digital device has weak spots or “back doors” that only one highly trustworthy person knows about, it’s game over. The word will get out. Plus, operating systems get endless, utmost scrutiny from hackers worldwide, line by line, and it’s a virtual certainty that they will find any weak spot in the coding. The lesson is: write bulletproof code, or no one will buy it. Who needs a wallet that keeps falling out of your pocket?

      The government’s request for a back door any LEO can use necessarily means the operating system is functionally worthless for all privacy purposes, because everybody who wants into your device will have a wide open door to enter, and to leave with all your passwords, confidential data, bank accounts, credit cards, private photos, and even your identity. Yes, especially the nerds at the local junior high school.

      In truth, either the operating system is utterly encrypted or it is not. There’s no middle ground. The dreadful encryption bill bouncing around in the Senate right now makes clear the government’s position — personal privacy is a criminal act, or should be: All Your Data Are Belong To Us. The Senate cannot, however, keep the other 199 nations of the world from building encryption into their hardware and software. There will be guys who know guys who know guys who build little cards in their garage, and when you attach one to your phone it encrypts everything beyond all recovery.

      To borrow a phrase from the murder boys at the NRA, “when privacy is a crime, only the criminals will have privacy.”

      1. Brian

        Remember in 1950 when they seized your entire family’s health, financial, political, religious, book list, friends, dreams… as part of a subpoena for the records of your land line phone?
        How about in 1970? 1930? 1941?
        No, because it never happened and you are willing to give up the rights that prevented that then?
        It is still prevented by the constitution.
        for now

        1. James Levy

          You keep your health records on your telephone? Your financial records? Your religious views? And if the government had probable cause, or were executing a normal search warrant, if you think anything lying around your house was not fair game in 1950 you are crazy.

          1. grayslady

            Please stop referring to these devices as phones. They are only coincidentally phones. The real issue is data seizure, period. And no, I don’t want the government, or anyone else for that matter, hacking into medical records, for a start–either mine or anyone else’s. Data storage is data storage, whether it’s matchbox sized or large enough to fill a closet; and whether it’s electronic or paper. To me, it doesn’t matter who is storing it or where it is stored. There is no compelling reason to obtain a lot of this information, other than power and control. Warrants are supposed to be specific, whereas many of these attempts to gain data strike me as nothing but fishing expeditions.

      2. GlobalMisanthrope

        Ship of fools.

        The only way I know of to protect my privacy is to behave privately. Living life as a convenience-obsessed exhibitionist consumer forecloses that possibility.

        And, yes, there may come a time when we are all forced into using mobile devices, like when cash becomes contraband. But that time is not now. As it is, people rush headlong into technologies they neither need nor understand and then want to be protected against having to learn to use them appropriately.

        I am unapologetically unsympathetic.

      3. different clue

        Perhaps that could be elegantly rephrased this way: When privacy is outlawed, only outlaws will have privacy.

    3. fosforos

      But it is involuntary servitude to force any agent to do work that it refuses to do. Let them nationalize Apple if they want to make it work for the government.

      1. bob

        This gets to the point of the matter.

        Apple wants to be able to spy on its users, exclusively. They then cannot claim that they don’t want to spy on their users “involuntary servitude”, as you call it.

        As was pointed out by the recent case, the phone can be broken into. Did the gov build a backdoor in, or did apple? The laws of MATH are supposed to protect these things, how can this happen?

        Apple did, and does build backdoors into their equipment.. Most of the info the FBI wanted they got off of the iCloud, which automagically steals all of your computers data, for your convenience. It does not secure that data, or put up much of a fight in the event it is subpoenaed.

        This is all PR. Why would the gov need to require a backdoor when the manufacturer has already done that.

        It’s bad PR too. Very stinky reasoning and arguments around it all.

        1. Dave

          Grandma may die of cancer because drugs are too expensive, but threaten Fluffy and you are igniting an unstoppable Banshee.

        2. Auntienene

          I have a vet bill from yesterday in front of me for an older diabetic cat:
          Annual exam, FVRCP and rabies vaccines, fructosamine and glucose tests, urinalysis, and medical waste. $474. Now I don’t know if I’ll be able to afford a refill of his very expensive, and going up, insulin. I may not be able to afford to keep this kitty alive much longer.

          1. Pat

            Walking in the door of my vet with my cat is a hundred dollars. A blood test is two hundred. And we wonder why I pretty much don’t go unless there is clearly a problem. Although they don’t charge me for dropping off the used insulin syringes. Oh, and for the refill of my diabetic cats’ insulin I’m going to try the order from Canada get it shipped from China thing. The human insulin has almost doubled in cost in a little over two years. Problem is you have to have a month’s worth of insulin while you wait for it to arrive.

              1. Greg

                I always thought insulin had to be refrigerated for periods longer than a month or stored unrefrigerated at 70 degrees making it unship able.

            1. Titus Pullo

              Do you feed your cat pet food with grain in it? Diabetes in a cat seems very weird, considering that they are basically carnivores. I would check the ingredients of your cat food and if there is any grain (corn, wheat, soy) I would switch to a brand that doesn’t use grain filler (ie a source of sugar).

          2. polecat

            back in the day……before the PC police and insane PETA freaks…….when a pet was suffering, they where put down, sometime, as in the case of very rural locations, with a bullet, without first bankrupting the pet’s owner! Like much of modern society, this has gone well beyond the ridiculous…… care financialization = greater crapification !!!

          3. MyLessThanPrimeBeef

            Are there more diabetic cats now than before?

            Is it a diet (additives, chemicals, HFCS) thing too?

            1. Greg

              I’ve read that Statins and SSRIs can cause type 2 diabetes in those people that are susceptible.

            2. meeps

              Type 1 diabetes in both humans and cats is on the rise.

              Scientists are discovering that a subset of enteroviruses may play a role in the development of the disease (link below) and, therefore, may be able to develop a vaccine.

              If you love a diabetic person or pet, look for (or donate to) a medical equipment recycling center in your area. I found a used insulin pump to replace my old, cracked, uninsured* and unreliable pump at such a place this week. Not a place for meds, but you might obtain unopened syringes, etc. if you have to give your pet injections.


            3. HotFlash

              Perhaps, but I think it’s just diagnosed more now. Vet sci has gotten much better than it used to be. Which mean tests, mainly, since your critter can’t usually say where it hurts. There is also the financial aspect, that is, the usual drug salesmen pushing the diagnosis that they just happen to have the drugs to fight.

              Another point is that the pet foods today are actually better (you seemed to be hinting in that direction) and it is not remarkable to meet 20+ year-old cats. Fifty years ago that was very rare.

              And also back then, as Polecat says, if they got too inconvenient, you just put a bullet in them, or let them die.

          4. steelhead

            My condolences. I had a diabetic poodle(diagnosed in 2013- died in 2015) that incurred $4500.00 in treatment costs. The insulin increased in cost from $55 to $145 a month during that time frame. I’m done with vets. These people are on par with Jamie Dimon.

        3. afisher

          I will assume that everyone knows that Big Pharma has quietly been buying all the Vet med supplies for more than a decade. Another- it is cheaper to buy out a company than to do R/D. Then came the ads: your pet and it’s food assumes the same importance as feeding your family.

    1. different clue

      Its only frowned on if some low-status arriviste like Shkreli does it.

      If a high status major drug company does it, it is supported and admired. Not by the people who need the cuprimine, of course. But by the OverClass Governators, most certainly yes.

  6. Sam Adams

    Re: Millennial Employees Confound Big Banks
    What could go wrong advancing new hires in these systemically dangerous organizations without years of careful training and acculturation in pursuit of a fast kill before moving on?
    The break with the apprentice system under mentoring masters has worked out so well.

  7. rich

    Paul Mason warns political journalists: ‘You have no real idea what is going on’

    Paul Mason has warned political and economic journalists that most of the time they have no real idea what is going on.

    Speaking at the International Journalism Festival in Perugia, Mason said he was now in a position to see both sides of political and economic reporting. “And I think we need to understand that we [journalists] generally know very little about what is really happening.”

    He specifically questioned whether journalists covering Labour in the UK had any understanding of what was actually happening within the party.

    This lesson, he said, was one of the key things he learnt from covering last year’s Greek crisis very closely, in the process of making the documentary This is a Coup.

    Mason also expressed concerns about the future of Greece, currently under a great deal of pressure due to the refugee crisis, saying “I do believe that the European political elite is trying its utmost to suppress and get rid of the first left government in Europe.”

    We are really lucky that the fascists want to be black-shirted type hoodlums, because in other countries fascists have developed a brain and reinvented themselves as democratic politicians.
    We are lucky for the moment that the fascists have no chance of ruling Greece, but that may not be the case forever.

    global phenomenon.

    1. diptherio

      It’s an old joke that “journalism is the art of explaining to others that which you yourself do not understand.” I’m surprised Mason hadn’t heard that one, or understood that it’s funny because it’s true (most of the time).

    1. TedWa

      Thanks for the link. I wonder when the media will report the “real” count. I’m sure it’s much closer now than they’re touting

      1. Llewelyn Moss

        Good question. That link above has a link to a facebook page showing final vote counts. The state was so close that this may not change the delegate count. But it is another state to add to the win tally so it has voter psychology value.

    2. NotTimothyGeithner

      Hillary is just a default candidate for loyal Democrats who always vote, and the bourgeois supporters don’t have to make a decision beyond support for the status quo. Those same supporters don’t pay attention either.

      It is possible she is having money problems. Many of her donors maxed out, her war chest is earmarked for the general, and much of those 300k fundraisers is supposed to go to state parties. She might not be able to hire organizers.

        1. diptherio

          See now, I thought the “white noise” thing was a reference to her speech.

          It’s just typical Hillary, by the way, to amplify the white noise while shutting down the Black noise…just sayin’

          1. Pavel

            That famous HRC “listening tour” obviously only applies to her. Typical Clinton M.O.!

        2. MyLessThanPrimeBeef

          Surely, they can down load lip reading apps.

          (Full disclosure: I write this as a card-carrying Neo-Luddite).

      1. Beth

        No, no, no. Hillary does not have money problems. Her supporters have an unlimited supply. If she loses, it will not be on the basis of not enough money. We may talk about campaign finance rules, but that is only a phantom. When all is said and done, articles tell of the millions spent by the financiers on a campaign, in retrospect. If populism doesn’t work, then there is no recourse.

        Rules, as well as enough money, are only for the little people.

      1. fresno dan

        Hmmmmm….reminds me of the sad story of Scrooge….
        The Spirit stopped beside one little knot of business men. Observing that the hand was pointed to them, Scrooge advanced to listen to their talk.

        “No,” said a great fat man with a monstrous chin,” I don’t know much about it, either way. I only know he’s dead.”

        “When did he die?” inquired another.

        “Last night, I believe.”

        “Why, what was the matter with him?” asked a third, taking a vast quantity of snuff out of a very large snuff-box. “I thought he’d never die.”

        “God knows,” said the first, with a yawn.

        “What has he done with his money?” asked a red-faced gentleman with a pendulous excrescence on the end of his nose, that shook like the gills of a turkey-cock.

        “I haven’t heard,” said the man with the large chin, yawning again. “Left it to his company, perhaps. He hasn’t left it to me. That’s all I know.”

        This pleasantry was received with a general laugh.

        “It’s likely to be a very cheap funeral,” said the same speaker; “for upon my life I don’t know of anybody to go to it. Suppose we make up a party and volunteer?”

        “I don’t mind going if a lunch is provided,” observed the gentleman with the excrescence on his nose. “But I MUST be FED, if I make one.”
        So I take it the volunteers are not being fed?

          1. MyLessThanPrimeBeef

            There is no remedy for satisfying our hunger other than a painted rice cake – Dogen.

            “Let them eat painted cakes” is the way to go.

            If you say a painting is not real, then the material phenomenal world is not real. Unsurpassed enlightenment is a painting. The entire phenomenal universe and the empty sky are nothing but a painting. Since this is so, there is no remedy for satisfying hunger other than a painted rice cake. Without painted hunger you never become a true person. – Zen Master Dogen, “Painting of a Rice Cake,” (Trans., Gary Snyder, Mountains and Rivers Without End.)

      2. Code Name D

        There is growing evidence of Clinton infiltrators working in the Sanders campaign, sometimes in some rather important position. And from what I gather, the Sanders campaign is not dealing with the problem correctly, prompting a kind of revolt within the ranks demanding better vetting of campaign organizers.

        But it also looks like Sanders volunteers are finding work abounds. Social media is proving to be invaluable in bypassing infiltrators and getting real information out there.

        I have witness similar infiltration in the past here in Kansas, but usually across party lines (Republicans infiltrating or hacking Democratic operations.) In one case, we were ready and had set up a “sweet file” in our computer filled with phony data. Sure enough, the sweet file showed up in our opponent’s campaign marital.

        I am a bit stunned to see the Clinton camping stoop so low (if true). But security and vetting protocols for even a presidential campaign are so poor that just about any one can get in and reach a high ranking position.

        1. MyLessThanPrimeBeef

          Perhaps the criticism that Sanders lacks experience in running a security state is valid.

          “Finally, one criticism we can all agree on. He’s not infallible after all!!! I thought he would walk on water over the Atlantic to meet the Pope.”

        2. TK421

          Considering Hillary’s long record of failure, I hope she is trying to undermine his campaign from within!

          1. MyLessThanPrimeBeef

            She is probably delegating that operation to Bill, who is ‘good’ with younger, paid volunteering infiltrators.

    3. Yves Smith Post author

      You guys are ahead of yourselves. You need to cross check information.

      The source is a rumor on FB. Not confirmed anywhere yet, so I don’t trust it. It may prove to be correct but here is it, nearly 18 hours since that hit FB and that’s the only source for Twtterverse follow through.

      1. Lambert Strether

        It’s Democratic Underground. The comment thread is interesting, but there’s nothing in the mainstream media at all. Sounds like there’s a twilight struggle going on at the state conventions we don’t know anything about…

        And from the comment on the Facebook page, the delegate count at the national convention doesn’t change?!

  8. jhallc

    RE: Panama Paper Lawyers (Rueters)
    “There is … collective hysteria among clients,” said lawyer Maria Isabel Saravia, of Legal Engine Solutions. “We expect a gradual impact … Our clients feel like criminals.”

    “Cry me a river”. I’m wondering how most of these “clients” got the money in the first place. I’m guessing a good deal of it was obtained by sketchy ethical means , if not criminal, in the first place. I have a hard time believing they actually feel like criminals. After all… the 1% do “Gods Work”.

    1. MyLessThanPrimeBeef

      I wonder how many all-cash mansions will be impacted by this.

      “Distress mansion sales. More coming.”

  9. Katniss Everdeen

    RE: Another blow to political transparency as Clinton campaign blasts reporters with white noise machine so they can’t hear her speech at outdoor campaign fundraiser Daily Mail (Sherry)

    I’m sure she’ll get rid of the white noise machines when “everyone else does.”

    1. Llewelyn Moss

      Next up, experiment with use of military-grade Long Range Acoustic Device (LRAD or noise cannon). Perhaps at the Clooney dinner if it won’t break the fine china.

    2. diptherio

      White noise machines…that’s a reference to the political pundits on CNN, MSNBC, FOX, NPR, etc, right?

  10. Desertmer

    Re the Millenial employees/ WSJ piece.
    I am 58. I grew up in the sixties and seventies and my father worked extremely long hours in his job ( not financial – he was a highly respected mechanical engineer and construction expert working for a smallish privately held company who worked both here and abroad) and traveled extensively. We lived in England for several years in fact when I was in high school. He was often gone for the entire week. He truly loved his job and found it extremely satisfying. But he NEVER failed to attend any school event even if it meant not being on an important job site or leaving early. Ever.
    My much older ( she is 74) sister’s husband was a tax accountant who worked the ridiculous hours of a financial person for a very prestigious firm, making partner at a very young age. She basically raised their children herself. Did he bring home huge $? Yup. And he missed every single important event in both his children’s lives. He almost missed his son’s wedding…. His two children whom he neglected are following in his footsteps exactly – high paying financial jobs which demand family neglect.
    However, my sister and her husband had a late in life surprise third child – born in their mid forties. This child took one look as a teen at the life her mother led being basically a single parent and said no way. And she stuck to that. She is now in her early thirties. Her now husband has a finance degree and instead took a position making far less money but that is satisfying and allows him to be home most nights with their small son( she is a part time florist). Her older brother and sister have fairly miserable family lives though rolling in $. She and her family on the other hand are comfortable, are carrying little debt but are not well off in the sense of the money rolling in to her sibs. A smaller home, no Mercedes in the drive no designer duds or $1000 shoes…. But infinitely more successful as human beings. They work diligently – just not to the exclusion of everything else. Her sibs think she and her family are “failures”…. Boggles the mind… My own two children are Millenials and are also working hard but not to the exclusion of having a balanced life. ( they are both in education – one as a professor at a small prestigious private college and the other as a middle school teacher)
    I think Millenials have the right idea in trying to find a satisfying balance in their lives. I don’t think they are spoiled any more than any other recent generation…. Climbing a corporate ladder to the exclusion of everything else has, IMHO, delivered us the profound corruption and moral failings we see across the business and government spectrum. I think it is rather wise of Millenials who clearly see the costs/benefits…

    1. diptherio

      “Love of money is the root of all evil,” as some wise person once said. No one ever lay on their death bed and wished that they’d spent more time at work, or had managed to pile up a few more dollars. It’s like that Harry Chapin song, “Cat’s in the Cradle?”

  11. EndOfTheWorld

    4-star admiral wants to confront China. Indeed. What the hell is gonna happen over there? China has been flexing its muscles more and more for years. It appears to me the Chinese military could sooner or later strike quickly and occupy most of the poorer Asian countries in one fell swoop. The US would merely be embarrassed.

    1. PlutoniumKun

      There is no evidence China seeks military conquest in Asia – the last time they tried it – in Vietnam in 1979, they found out how hard it was (the Vietnamese kicked their asses, as they do with everyone who invades). China instead seeks to be the ‘big dog’ economically and diplomatically – securing a wide military area in the adjoining seas is just a means of achieving this. In fact, they’ve proven quite inept so far at regional control – they overstepped the mark with Myanmar, and lost out. They can’t keep North Korea under control. Pushing too hard militarily has actually encouraged neighbours to seek alliances with the US and Russia (Vietnam, as an obvious example). Their military expenditure is overwhelmingly concerned with securing their side of the Pacific. The only country under direct military threat from China is Taiwan.

      1. EndOfTheWorld

        What could cause them to lash out militarily is if they collapse economically, which has been called a possibility by more astute financial observers than me. It’s not like they lack manpower.

      2. MyLessThanPrimeBeef

        China needs her currency to be one that everyone in that regions is forced to use, so she can be the ”big dog’ she aspires to be.

        1. EndOfTheWorld

          I’d say China is a big dog right now. She has a lot of missiles, planes, ships, etc. which she has not yet unveiled in the tiny skirmishes in Vietnam, Burma, etc. Not to mention cyber attacks by her multitudinous hackers. What would be the response if China decided on a whim to take over the Philippines, for example?

          1. MyLessThanPrimeBeef

            In that case, China knows from her long history, especially from being ruled under the Mongols, that, unless the Filipinos buy into Confucianism or other governing faith, she is not going to be the big dog there for long.

            Or learn from Japan – the the Imperial Japanese Army failed, the karaoke sushi bars have done nicely.

            1. EndOfTheWorld

              The Filipinos are essentially a docile people who capitulate to whoever their occupiers of the moment are, and enjoy the sunshine. The last vestige of fight was beat out of them when the Americans massacred them in the aftermath of the Spanish-American war.

              1. MyLessThanPrimeBeef

                That’s where karaoke dim-sum bars will be useful.

                By the way, they are no more docile than many other peoples. Let’s neither glorify nor denigrate them.

              2. James Levy

                All those Filipinos who died in the Bataan Death March (more than US troops) and in Japanese prison camps, fighting on YOUR side, should rise from their graves and kick your ass.

                1. Am Expat in Mindanao


                  ..and EOTW, as to the Philippines and docile Filipinos, you would do better to follow current events, for example, here in Mindanao. Then, I trust, your comments will not come off sounding so ignorant.

          2. PlutoniumKun

            On a purely logistical basis, China could not take over the Philippines – that would require a massive long range amphibious force which it does not possess. China is only a direct military threat to its land neighbours. But even Myanmar does not fear it (the recent election was directly against the advice and interests of China). Apart from Taiwan, probably the only country where a hot war is likely is with India – there are constant little border scraps there, especially around the Aksai Chin. But of course India is a nuclear state.

            As I said above, China learned the hard way in Vietnam that military invasions are harder than they look (unlike the US of course, they learned their lesson). Even weak Tibet has proven very difficult to digest half a century after it was invaded. Their focus is on turning neighbours into ‘friendly’ non-aligned states, but they have struggled with this. Only little Laos has really rolled over. The Vietnamese have long seen the Chinese as their rivals and will never concede anything without a fight.

            Chinese naval strategy is focused primarily on area denial – i.e. not ‘controlling’ the seas, but making it impossible for anyone else to control it, i.e. make it impossible for the US or anyone else to operate with impunity there. If they feel confident they have achieved this, then they will invade Taiwan if domestic policy requires it (i.e. to distract everyone if there is a recession).

            1. DJG

              PlutoniumKun: Excellent analysis. The U S of A is mainly engaged in manufacturing confrontations, like the recent incident of the ship adrift in the Persian Gulf, which no one has adequately explained. Just as the U.S. has 21 unemployed but snotty-macho generals in Iraq, stirring the pot, we have 21 underemployed admirals in the Pacific looking to spark an incident. The U.S. military-industrial complex thinks of war as a business. Wiser people know better.

      3. alex morfesis

        china will never invade taiwan for fear of losing and watching the middle kingdom break apart into its various language dialects…


        breaking up tiananmen required bringing in troops from other regions who could not understand what the students were saying…

        china will find itself in trouble from the outstretching arms of india in the next 20 years…wasting time focusing on trying to arm wrestle or fake their way into a strategic position vs USA naval forces will only allow India to sneak up and eat up asia before China has a chance to notice…

    1. petal

      According to a friend in Binghamton, he’ll be there on Monday as well. She’s been keeping her eyes open for stickers, signs, etc, but hasn’t seen any for presidential candidates, just local races. She said a lot of NYers don’t like Hillary so Sanders has a chance.

      1. nycTerrierist

        2 new Bernie lawn signs went up yesterday in my Astoria ‘hood
        bringing it to a total of 5. Zero signs for any other candidate.

        I watched NY1 last night, curious to see how they’re covering the impending NY doings.
        Errol Louis, a moderator for next week’s debate, had on three ‘top journalists’ (barf).
        one guy from the Times covering Cruz and three youngish ladies (forgot their names),
        one from the NYDaily News, one covering Hillary, all three dismissive of Sanders, repeating the canard that he was not ‘prepared’ for the NY Daily News editorial board braintrust! those canards have all been refuted. host Errol either doesn’t know or didn’t see fit to mention it.

        Clearly Bernie is surging now (thank dog) but it was sobering to see what a twisted impression one could get from the idiot box. And for many busy NYers, this could be their only
        source of info about the candidates. Galling.
        Paul Thugman is bad enough but the useful idiots on the idiot box can do alot of damage.

        1. nycTerrierist

          Setting the record straight on Bernie’s interview by the Daily News:

          “Bernie Sanders gave some fairly normal answers on financial reform to the New York Daily News editorial board. Someone sent it to me, and as I read it I thought, “Yes, these are answers I’d expect for how Sanders approaches financial reform.”

          You wouldn’t know that from the coverage of it…”

        2. MyLessThanPrimeBeef

          Wonder if older Hillary supporters are too senile for that kind of physical work.

          “Let’s all go putting up more lawn signs after the party. Yeah!!!”

          1. Bas

            those lawn signs are not cheap. We have gotten free signs for Bernie’s supporters at canvassing events, but Hillary’s signs are at least $12-$13 each from what I have seen. At her “official shop” $20 plus $10.75 shipping.

  12. efschumacher


    Bit of a conundrum here. Your site, and the Links in particular, are a primary aggregator of quality thought. I contribute annually to your fundraising. But the mindfulness and method of contributing ‘micropayments’ to many of the honest, brave and high quality writers you showcase are just not there. So Frances Coppola is admitting that her finances have essentially been operating as a zero-hours contract since she left her last ‘regular job’ in 2002.

    The bargain that most of us made who might have had the ability rattle the drum is that we devote most of our energies to the rat-race or wage slavery and maybe a debilitating commute, which takes away all of the quality daylight hours and leaves no time or energy for political engagement, reflective thought and concerted action. Subscribing to all of the fringe publications and blogs from which such aggregation is drawn is overkill since we don’t want to pay for _all_ of the FT or the NYT or Pando or Politico or independent blog, but would recognize and contribute to specific writers and pieces: but there is no “micropayment” mechanism available to do that, so we just don’t bother. This is to the extreme detriment of the writers who do take the time and considerable energy needed to educate the ‘thinking’ public, as witness Frances’ plight in her blog article above.

    What can be done to aggregate the rewards to merit? It’s the unsolved problem of the Internet information dissemination model.

    1. Anon

      I haven’t heard of this writer, but as an aside, she could try Patreon if she hasn’t already, since the barrier to entry is pretty low (something like $1/article). If she has a decent following, then that’ll quickly add up and it’s a win-win. She continues to create content, the people enjoying her content pay a little to keep seeing it.

      Of course, this then leads to the question of not “devaluing” ones work, but such is one of the compromises of freelancing.

    2. diptherio

      There are some possible solutions like Patreon and Gratitpay that could work. Patreon seems to be funding most of my favorite Youtube content creators. I’ve often thought that it would be useful to have a micro-donation site specific to the kind of activism that Yves and others are engaged in, where a user would load their account with, say, twenty bucks and then be able to make small donations to writers of their choice. “Two bucks for Yves, two bucks for Frances, two bucks for Dave…” that kind of thing. One interface to allow you to support, all your favorite rabble-rousers…

    3. diptherio

      Piling on to Frances with this, that I wrote a year or so ago:

      A lot of us have high hopes for the Solidarity Economy. Ideally, we’d like to be able to support ourselves and our families by building wealth for the community, as opposed to extracting wealth from the community—which seems to be the modus operadi of the system we currently have. We’d like to be able to use our time and energy to build and maintain an economic system that works for everyone, instead of working within the current economic system to take care of ourselves, first, and then trying to use whatever time and energy remains to build something better. It’s difficult to build an alternative economic system while the majority of your time is spent toiling within the system you’re trying to replace.

      If the Solidarity Economy movement is going to be sustainable—if it’s going to thrive—it’s also going to have to figure out how to pay the bills.

        1. diptherio

          Um…I wrote the link I refer to, and I didn’t copy any of it from anywhere. And if you’re implying that there’s something wrong with asking for money for services that we provide free of charge, so that we can continue making alternative econ. resources available instead of working some sh*t job to pay the bills, you have entirely failed to understand what Frances and I are on about. People like and appreciate the material we produce, but not many are willing to show it in a way that helps us make ends meet. The obvious outcome is that there will be less of this information available as those of us creating it have to figure out a way to actually make money…you know, to survive

          “Free” only sounds good if you’re only on the receiving end of the deal. I’d love to be able to work for no money, but sadly, the economy won’t allow me to do that and continue to feed, house and clothe myself. If the people who like what we produce aren’t willing to help us fulfill those needs (in one way or another — read my article for non-monetary ideas), then they better not expect to get much of it.

          1. Dave

            OK, I apologize. Should have said “philosophically copied.”

            You are trying to honorably make a living off an internet based platform.

            The verdant link has nothing to do with that, it’s more dealing with face to face economic interactions with people in personal and business settings.

      1. sd

        What comes to mind is the need to lower costs which means sharing resources such as housing, transportation, etc. A bit of flashback to the utopian societies, one of the more financially successful being the organization of the Shakers. The Shakers were celibate and divided men and women into separate dormitories. Which raises the question of how can communities be successful economically – and the Shakers were quite good at selling their wares – without being celibate? Is celibacy a requisite? I’m not being sarcastic or joking about this. Just wondering if there really is a connection.

        I am guilty of a wandering pondering mind this morning….

        1. diptherio

          I can actually answer you from experience and point you to a currently existing example. The Ganas community on Staten Island is an intentional community of around 80 people, living in 7 houses. The community owns and runs three businesses: a used clothing shop, a book store/cafe, and a used furniture store that was voted the best in NYC by Village Voice a year or two back. They’ve been around since ’80, iirc…and they are definitely not celibate. What’s the opposite of celibate? They’re that ;-) Kind of joking there, kind of not. Plenty of polyamorists, but plenty of monogomists and a few celibates too. And they’re not a cult or anything.

          They started out as an income sharing group of around 12. They bought their first house, started amassing resources through the sharing of expenses. Others came to visit, like the vibe and wanted to join, so they expanded organically. Not everyone involved is in the full income-sharing group — I think it’s probably still only around 12 people in the core group — people are allowed to be involved in different ways and on different levels. They’re cool folks. If you’re in NYC, you can stop by any Friday for dinner and a tour, just give them a heads up first. Their website is at

          1. Subway Girl

            +1. Totally agree about Ganas. I visited, and it is a great community. There’s integrity there.

        2. diptherio

          …and I’m in total agreement w/ you about the need to lower costs. I think we should try thinking a little more creatively about how we can get our needs met through mechanisms that don’t require the presence of Federal Reserve Notes. FRNs were only ever a means to an end anyway.

          What if one NC reader could give Yves and Lambert a free place to live? What if another could provide free webhosting? What if some supporters with sewing machines got their measurements and clothing preferences and kept their closets stocked? What if a few donations came in the way of CSA shares (i.e. a weekly basket of produce)?

          Well, then Yves and Lambert would 1) be less exposed to ups and downs in their monetary fundraising and 2) would be able to spend more of whatever cash is raised to fund more work, rather than have to use the majority of it to cover their own necessities.

          That’s my idea, anyway…or one of them….

    4. Yves Smith Post author

      I pay the writers who provide original content to my site save for those who have made it clear they don’t need/want payment like Michael Hudson, who is very well off.

      I cross post only content where I have permission to cross post. Those sites do not seek to be paid for their content.

      Coppola does not run ads. She never presented her blog as a commercial enterprise. Most economists who blog do so for the profile, not for any money. When I was a consultant and wrote articles occasionally, my motivation was to increase my legitimacy.

      I believe in the case of Coppola that she is competing with writers (other economists) who do it for free, making it hard for her to get paid. She’s not in a good niche. Also I suspect she approached her blog as a way to help her get a new gig and that did not work.

      Being a freelance writer is a very difficult way to make a living.

      1. Frances Coppola


        Your comment is unfair, unhelpful and factually incorrect.

        Firstly, you have at times cross-posted pieces of mine here with your own (often critical) introduction. You have never asked my permission to do so. As my blog is published under a Creative Commons license which allows people to use material from it provided they acknowledge my authorship and provide a link to my site, I have not objected. But to say you obtain permission for cross-posts is not true.

        My blog was never intended to be a commercial enterprise. Nor do I blog “for the profile”. And I did not set up my blog to “get a new gig”. Had you asked me, I could have told you why I blog. Indeed, had you even read the “About this blog” page, you would know why I blog. I blog because I have something to say. That is all.

        The problems I discuss in the piece linked here are not about my blog. They are about speaking engagements and commissioned writing, which are all too often paid late, paid poorly or not paid at all.

        The fact that you did not even bother to contact me to check the accuracy of your remarks speaks volumes about the way you regard me.

        1. efschumacher

          Sorry, I thought I was making an innocent link to help explore a problem of journalism, the Internet and fair recompense. I never imagined it would be lighting an incendiary device. I’ll try and be more careful about linking and commenting in the future.

        2. Yves Smith Post author

          Frances, your comment is a misrepresentation and you know it. The point of a Creative Commons license is to allow people to reproduce the author’s work provided credit is given. That is “having permission” because you gave permission. You have preauthorized use and I have always credited your work as your work and provided a link back. Now you try to insinuate that there is something improper with how I have behaved when there isn’t. And your aggrieved tone is particularly out of line given that I have cross posted from your site all of twice in the entire ten year history of this blog, and both times, I not only adhered to the Creative Commons license requirements, but put your name first in the post title.

          And you also know, or ought to know, that my linking to your site (which I’ve done occasionally in links, which other writers tell me drives a lot of traffic to their site) elevates your site in Google search ranking by virtue of NC being a fairly high traffic site (it improves your Google ranking). Not much, mind you, but you can hardly present yourself as being wronged, as you bizarrely do.

          Had you bothered reading the thread, it was premised on the difficulty of writers getting compensated adequately for their work. You admit that you are not getting paid enough with your old business model. I merely point out that the alternative that my readers saw as an option for you, which is to get paid for you writing, is difficult in general, and particularly in your niche, since so many academics give it away for free. You then lash out as if suggesting you earn your keep as a writer is some sort of monstrous insult. Your ire is utterly misplaced.

        3. PWC, Raleigh

          I, for one, typically do click-through to read posts from Frances Coppola when they are included in daily Links and/or the 2:00pm Water Cooler. I was introduced to Frances Coppola and her writing, analysis, and ideas through Links in this way, and I feel rewarded by it.

          FWIW, I’m an daily reader of Naked Capitalism, but not a regular reader of any other blogs (except Zero Hedge, as a “histrionic other end of the spectrum” from Naked Capitalism’s fact-privileged content).

  13. fresno dan

    If Yudkin was ridiculed, Atkins was a hate figure. Only in the last few years has it become acceptable to study the effects of Atkins-type diets. In 2014, in a trial funded by the US National Institutes of Health, 150 men and women were assigned a diet for one year which limited either the amount of fat or carbs they could eat, but not the calories. By the end of the year, the people on the low carbohydrate, high fat diet had lost about 8lb more on average than the low-fat group. They were also more likely to lose weight from fat tissue; the low-fat group lost some weight too, but it came from the muscles. The NIH study is the latest of more than 50 similar studies, which together suggest that low-carbohydrate diets are better than low-fat diets for achieving weight loss and controlling type 2 diabetes. As a body of evidence, it is far from conclusive, but it is as consistent as any in the literature.
    When I was in college, my physiology professor, who actually was one of the few college professors I had who I thought was actually smart, stated, “you could eat nothing but butter and it wouldn’t make a difference”
    Needless to say, he was of the “calories in, calories out, a calorie is a calorie” school of nutrition. And sure, eat only, and very little butter, or ANY food, and you will lose weight.
    And I believed it for a quite a few years too. Now there are all sorts of basis’s to dispute the contention, but my own experience is that a low carb diet is highly effective. And I think the fact that it had on my satiety, and my desire or need to eat, was why the diet was so effective – its hard to diet, or limit calories, if all your thinking about is eating something. Donut for breakfast, an hour later I would want another. noodles for lunch, and later I would want some chips. It was as if the more I ate, the more I had to eat.
    when I stopped carbs, I wasn’t hungry. It wasn’t emotions, or boredom, or anything other than hunger. But I wasn’t starving. What we desire, and what is good for us, is two different things…Sugar might as well be crack.
    And I also think that the difficulty of measuring and researching satiety, as opposed to simple calorie calculations and food measurements, accounts for a lot of the lack of much discussion when talking about diets about the effect and affect of satiety.

    1. Jeff W

      “calories in, calories out, a calorie is a calorie”

      I’ve never understood why that mantra was taken as necessarily dispositive. It could be (obviously) but not necessarily. As lambert once said “the human body is not a chemical beaker over a Bunsen burner.”

      Robert Lustig, who gets prominent play in that Guardian article, makes the case that sugar, in particular fructose, is metabolized differently than protein or fat and that accounts for (at least some of) the difference in protein-based versus carbohydrate-based diets. That metabolic distinction, rather than the amount of calories, makes key difference, according to Lustig. I don’t know anything about the biochemical pathways but it seems like some of this argument is purely empirical—either he’s right about the biochemical pathways or he’s not; if he’s right, either that distinction makes enough of a difference or it doesn’t. It seems like at least some of the debate would address those strictly empirical issues.

      Also Lustig does make an interesting argument about how exercise works in having people lose fat. It’s not (or not only) that you burn enough calories to work off that Sprinkles Red Velvet Cupcake you ate (running for one hour to burn off the 248 calories)—it’s that the exercise plays a part in preventing the biochemical substrate needed in de novo lipogenesis [creation of new fat] from forming. (Notice that that’s also not a “calories in, calories out” argument.) Again, I don’t know if that is, in fact, true but it’s, again, really just a factual question—does exercise play that role or not, and, if so, enough to make any difference?

    2. Beth

      Thanks. I have watched Robert Lustig’s video “The Bitter Truth”. I asked one of my doctors if he had heard of him and he hadn’t. Was also antagonistic that I suggested he watch Lustig’s video. And most of his patients are diabetics.

      Lustig’s commercial film comes out later this year. I hope “Sugar Coated” gets more play that I expect. We certainly need a new way to get good documentaries to a wider audience.

    3. Stephanie

      I don’t know if you’re familiar with Stephan Guyenet; he’s a neurologist who writes quite a bit on the palatability and food reward hypotheses.

      In his more recent writing he has expressed skepticism of the insulin hypothesis on the grounds that it is too simplistic, and he himself maintains a higher-carb, lower-fat diet (and is quite thin) than most in the ancestral health community, but he agrees that lower-carb diets can be very effective for weight loss.

  14. Katniss Everdeen

    RE: Is the media biased against Bernie Sanders? Vox (resilc). Vox needs to ask?

    It must be exhausting trying to think of creative ways to write hit pieces on Sanders, while still appearing to address the very serious issue of corporate controlled media being in the tank for clinton.

    I mean, what’s a “journalist” to do when a 13 point Wisconsin win SEEMS like a big deal, but, given the state’s “demographics,” it just puts Bernie “further behind in the delegate race?” There’s just no getting around it. A win is not a win when it’s Bernie who won it, so don’t kill the messenger.

    This word salad mess focuses on “models” of “texts” and “subtexts” which produce this “analysis” of Bernie’s NYDN interview:

    Grim, usefully, makes his own subtext text in his response to the NYDN transcript. “I have my own view,” he writes, “that Sanders has shown himself to be a lousy manager of his staff on Capitol Hill over the years, which doesn’t bode well for a presidency, and has not shown much interest in organizing, or ability to organize coalitions within the House or the Senate to advance his agenda, outside of his audit-the-Fed legislation, and some improvements to Obamacare. That’s troubling, but it’s different than deciding he’s not serious and doesn’t know what he’s talking about.”

    The contortions required to make a silk purse out of a clinton sow’s ear get more desperate by the minute.

    1. fresno dan

      Ailes tells Fox “journalists” how to slant.
      We just don’t have a name to attribute to the guy/cabal who tells the rest of the media how to slant, or more precisely, what the official “narrative” is.
      Of course, its not that simple. I would liken it to the church in the middle ages – when one pope died, the corruption continued because the organization as a whole had become corrupted.

    2. armchair

      Modern journalism just can’t be bothered with storytelling. Storytelling is for children at bedtime. Sanders vs Clinton may be great drama with evolving themes, but the narrative of this election was set many years ago. Tough-guy, mainstream journalists just don’t let a pre-set narrative go to waste. They’ve been waiting for years to tell a predetermined story. So these clear-eyed journalists must sift through current events looking for those glimmers, those precious golden flakes that will sell the narrative they are so committed to portraying. Maybe it is exhausting and leads to incoherent babbling, but that is what big-money journalism is all about.

      1. MyLessThanPrimeBeef

        Like self-service gas stations, we modern people are so good we rely on do-it-yourself-journalism.

    3. MyLessThanPrimeBeef

      To an average voting reader, who is trying to learn more about Sanders, this ‘journalist’ offers nothing to back up the claim Sanders has shown himself to be ‘ a lousy manager of his staff on Capitol Hill over the years.”

      He just types that.

      Perhaps we can offer more substantial rebuttals to win over that voting reader.

      1. TK421

        Whereas Hillary Clinton, apparently, is an excellent manager of staff. I mean, look at how scandal-free the White House staff was when she was in charge of it. Look at what a well-oiled machine her 2008 campaign was. Look at how smoothly her time at the State Department went, with no grievous blunders requiring FBI investigation and no employees having to turn state’s evidence to avoid prosecution.

        1. MyLessThanPrimeBeef

          Hillary has proven to be less than competent.

          But she has more experience running a security state.

          So far, we have shown one is proven incompetent, while we still work on presenting to the voting reader rebuttals to an unsubstantiated claim.

      2. Yves Smith Post author

        Sanders apparently has a chief of staff who is a jerk and not a good manager. That is the guy who appears to be the source of the problem. If Sanders is aware of that, that does make him a lousy manager for being loyal to someone who isn’t competent.

          1. Yves Smith Post author

            I doubt it. Often this type is skilled at managing up and so the boss has trouble believing complaints, since his experience with the person in question is good.

        1. Beenthere.

          I think we’re talking here about Gutman. If so, he’s gone. I don’t know a lot about the new person who is serving as Bernie’s COS, but Gutman was just roundly, unbelievably awful. I also know a couple of quiet, competent people who have been on Bernie’s staff for about 10 years now and are doing great work. And have moved up.

          I’ve thought a lot about this, and I voted for Bernie in my state’s primary. Yes, he has some management failings, but in general is a humane guy to those who work for him. His problems with management don’t appear to be about hubris: they strike me as about focusing on the wrong things. That’s really not uncommon on the Hill, or anywhere you have people focused on an agenda. You can learn to manage better, or delegate it to a person who can do it better. But his core beliefs are good and he’s religiously stuck to them at personal cost.

          Bernie is exactly what he appears to be. So is Hillary, unfortunately. I voted for Bernie.

    4. aumua

      They’re really turning it up to 11 right now, everywhere you look. See this story on Reuters today: Clinton, Sanders face off in Wyoming

      The salient quote:

      After a back-and-forth about who was most qualified to be president, Clinton and Sanders dialed back their criticism of one another on Friday.

      “I think this has all been pretty silly,” Clinton told reporters at a campaign stop in Buffalo, in upstate New York. “He made his comments and there was no basis for them. It was completely a misrepresentation, and he seemed to take them back today.”

      Yep. That Clinton, dialing back her criticism. What good sport she is. No quote from Sanders. How do you publish this with a straight face? What kind of sociopathic mentality does it take to do this kind of ‘journalism’? You might think that no one could possibly not see though the propaganda here, but the truth is that many will read this and take it as factual news, and not even notice the GIGANTIC hidden message that slips right into their subconscious.

      It’s maddening and disheartening. I suppose the silver lining is that Bernie has done so well in the face of such insidious and maniacal forces arrayed against him.

      1. MyLessThanPrimeBeef

        We all want to get the last word.

        In this case, it’s better to remain silent (a good lesson for all of us), but that’s also why you don’t interrupt them.

        And they will continue to put their foot in their mouth.

        1. aumua

          I noticed in a news story for Wyoming today that Clinton no longer has a “commanding” lead of delegates, but now it’s just a “big” lead.

  15. annie

    young ezra’s “is the media biased against sanders” is perfect example of bias. dripping with condescension.

    1. Katniss Everdeen

      Since my own post on this noxious “journalism” went to moderation, I’ll just repost this bit which purports to answer the title “question”:

      Grim, usefully, makes his own subtext text in his response to the NYDN transcript. “I have my own view,” he writes, “that Sanders has shown himself to be a lousy manager of his staff on Capitol Hill over the years, which doesn’t bode well for a presidency, and has not shown much interest in organizing, or ability to organize coalitions within the House or the Senate to advance his agenda, outside of his audit-the-Fed legislation, and some improvements to Obamacare. That’s troubling, but it’s different than deciding he’s not serious and doesn’t know what he’s talking about.”

      Pure, unadulterated garbage.

      1. Brian

        That is great, Bernie doesn’t do the dirty deeds that all the others do so he isn’t worthy
        Journalism today is nearly bereft of independent investigative reporters. There are none remaning in the MSM
        I think journalism has changed enough to sub divide the categories into the levels of excrement that they have become.
        I remember when I thought Amanpour was an investigative journalist so long ago.

        Add names to this; Jack Anderson is like; 1. Greg Palast 2. Seymour Hersh, feel free to add the rest

    2. lyman alpha blob

      Yup. He even repeats the ‘Bernie loses even when he wins big’ meme –

      “But Sanders’s win in Wisconsin, given the state’s demographics, didn’t imply that the race has changed in ways that put him on track for the nomination. If anything, Tuesday was a night when he fell a bit further behind in the delegate race.”

      Sanders could win 100% of the votes and the lede would be ‘Sanders has nowhere to go but down’.

      1. MyLessThanPrimeBeef

        Those can do, do.

        Those who can’t do, write.

        Is he back or is he not back on track? That will be settled in the upcoming primaries.

        The volunteer and paid workers of both campaigns will do the doing part, and the voters will decide.

      2. JohnnyGL

        Sanders won by 13 points in a state with the toughest restrictions on student voting (as well as toughest overall) in the country and he lost Milwaukee’s county by ~3%, which is heavily populated by black and latinos.

        He also outperformed even the most optimistic of polls.

        However, to dig out of his delegate hole, he could have used a bigger win. I suppose that’s true.

        1. lyman alpha blob

          “…to dig out of his delegate hole, he could have used a bigger win…”

          Yes it certainly would have been better for him if he’d won by a larger margin, that is true, and if Klein had put it that way it would have been a much fairer treatment.

          But Sanders most certainly did NOT fall farther behind in delegates by winning more than Clinton did and I find that phrasing to be deplorable in an article that purports to be discussing media bias against Sanders. I’m sure the irony of it all is lost on Klein who sounds like he could use a refresher in remedial arithmetic.

        2. TomD

          He needs 57% of remaining delegates and got *this* close to 57% of the vote in Wisconsin. I’d say that would put him on track. Obviously more is always better, but it was the victory he needed.

          1. ekstase

            “If anything, Tuesday was a night when he fell a bit further behind in the delegate race.”

            Wow. At what point does embarassment kick in after this kind of journalism? Does it ever? Maybe we should start a betting pool on this.

            1. Massinissa

              More like a drinking game. We already know who wins this bet. Its whoever votes for ‘never’.

  16. Synoia

    Why the Banks Should Be Broken Up

    Giant bank lends money to sleazy mortgage originator, mortgage originator makes lots of dicey home loans, the dicey home loans get sold back to the bank, the bank pools and securitizes the loans, and finally the bank sells the bad merchandise off to an unsuspecting investor.

    As usual written by someone who does not understand the mortgage origination process


    US Government establishes policy to increase “Home Ownership” to win 2004 election. Giant banks agree, but want protection by chaining bankruptcy code to prevent borrowers cramming down mortgages when in distress. Giant Banks, and some new fundins such as New Century Lending, loosen underwriting standards (NINJA Loans) in concert. Giant Banks underwrite mortgages written by loan originator to new underwriting standards. (Mortgage originator is in competitive market and has to write such loans to earn money to eat). The dicey home loans, originated under approved underwriting standards, get sold back to the bank, the bank pools and securitizes the loans, and finally the bank sells the bad merchandise off to an unsuspecting investor.

    Which raises the question: “Who defined the NINJA, underwriting standards?” Where were the regulators in this period?

    1. MyLessThanPrimeBeef

      Another way to increase Home Ownership – just give people money, and more money, until they can afford to buy.

      When they buy, that will stimulate the economy, if that’s the obsession.

    2. Alex morfesis

      If you are clueless you should not attempt to correct what you imagine to be tru nor parrot what you imagine from your limited knowledge…the cra has been law since the mid 70’s as an attempt to balance the capital stripping that was going to hoover up funds via erisa which would create the rust belt if the funds previously cycled thru local pension and insurance companies now had to pass thru the credit rating agencies…obviously no one enforced the cra at that time, and it helped lead to the death of tens of millions of jobs…
      In the early 90’s there was some push to begin to finally enforce the cra and sears and gmac wanted to make home lending like car lending…easy give, easy take back…among other things they wanted to stretch trust deed foreclosures across the country…that was blocked…then the lenders attempted to use their old photo op astro turf nfp entities(including but not limited to neighborworks/nhs and the various consumer credit counseling organizations) to insist there was no “demand” for all that lending ($ound familiar)…after arm wrestling, the lenders insisted fannie and freddie along with the fed Must buy some of the risk…which was worked out…but as basel 1 led to basel 2 and the magical wars of 911 still did not create enuf federal deficit based new treasuries, new basel 2 compliant capital was needed…the smoke (and mirrors) you have inhaled to imagine the 15% of loans with only 5% of the capital losses was why the great crash of 2007-2008 happened…

      well please pass whatever you are smoking to the next person…none for me thank you

      Most of the losses from the crash were from “alt a” “white” people loans…

      650 grand white noise matters ninja loan ends up reselling for 250 grand…

      Urban poor loan for 150 grand gets sold after foreclosure for 50 grand…

      Which sector of the economy created greater losses…??

      The loans did not create the mess…the need for basel 2 compliant bank growth capital created the need…just that eventually the “pay to play” pension crowd decided to dump the derivatives on “compliant” domestic entites…

    3. Gaianne


      The people who worked in and spilled the beans on the industry were in a position to know. And they flatly contradict what you say.

      That the US Government opened up the avenue for the fraud through badly designed rules and lack of oversight is a problem all its own, but is not the problem of the fraud itself, which was indeed the engine of the 2008 financial crisis.


    1. diptherio

      If he wins the nomination, that will be one verifiable miracle to his credit…although you have to be DEAD to be considered a saint, so maybe Bernie should take a pass on the offer.

  17. sd

    15,000 people protesting the coalition government in Reykjavik. Former Prime Minister Sigmundur David put his second in command of the Progressive Party (right wing nationalist party with rural roots in farms) in place as his replacement, in other words, he put a puppet in his place.

    The current coalition wants to privatize the banks and hand them to their cronies before they leave power.

    1. MyLessThanPrimeBeef

      What is in a name?

      Their Progressive Party is a right wing nationalist party with rural roots in farms?

      1. sd

        Framsóknarflokkurinn translates literally as ‘moving forward party’ so is interpreted by Icelanders to mean progressive. And yes, it’s a right wing nationalist party. Its historic roots come from farmers. One of its notable members from the Panama papers is a city council member who was elected on a platform of opposing the immigration of Muslims to Iceland.

        1. MyLessThanPrimeBeef

          With the Wagon-Wheel Effect, if our observation sampling frequency is different from the frequency of the observed which is moving forward, it can appeared as moving backwards.

          So, it seems that we have to adjust our sampling frequency (physicists can work that one out).

  18. gonzomarx

    Jill Abramson is given another crack at Bernie in the guise of ‘advice’ to Hillary but the comments still aren’t taking it.

    I think there must be some concern as the first three paragraphs chuck every trope Hillary has been peddling in to the mix. Comes off as desperate

    1. MyLessThanPrimeBeef

      When the Clintons, on their hands and knees, crawls to Obama, that would be desperate.

      This is just their regular modus operandi.

    2. Jess

      Yes, the comments are brutal, with many referring to her recent past attempt to also deify Hillary. The commenters are ripping Jill — and Hillary — new you-know-what’s.

    3. Lambert Strether

      “[A] candidate must have a plan for policy implementation, a clear programme.” –Abramson

      Of course, FDR ran on a balanced budget and changed course 180° when in office. This is the 20% talking. As managers, pundits, implementers, service providers, they’re in the planning business; that’s what they do, so that’s what they want.

      FDR said:

      “It is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something.”

      Sanders will have people to handle the details, hopefully sufficiently ruthless. Good judgment and broad version are far more important.

  19. sd

    And now for something a little different…Arts Action Fund

    Does the federal government have a role to play in funding the creation and performance of art, or in making art accessible to all Americans? Federal funding for the National Endowment for the Arts currently stands at $148 million. Do you think that funding level is appropriate? What would you request in your first budget as president?

    The Congress, as representatives of the people, make the determination as to what the spending priorities ought to be. I had the great fortune to receive a comprehensive liberal arts education from an Ivy League institution. What is most important is that we examine how one-size-fits-all approaches imposed by the federal government have corrupted the availability and efficacy of liberal arts education. Critical thinking skills, the ability to read, write and do basic math are still the keys to economic success. A holistic education that includes literature and the arts is just as critical to creating good citizens. – Donald Trump

    1. MyLessThanPrimeBeef

      Donald Trump said that?

      Everyone is an artist.

      We can all be creative…especially when we are relaxed (some need to be drunk or under stress – we humans are all unique…all animals are unique too…sorry, and you plant lovers, plants too).

      Basic Income calms everyone down and is a great way to bring out that creativity in all.

      “An artist is not someone separated from you whom you put on a pedestal and worship. You’re the artist of your life.”

      Come, tell us your stories and let’s us sing your songs.

    1. MyLessThanPrimeBeef

      “Let’s go occupy the Versailles. Free brioche for all occupiers.”

      And also free organic soy milk Latte.

  20. polecat

    re. Scientist set to drill into extinction-event crater in Mexico-NPR

    maybe…just maybe…….we could all learn from Scratte !!

    1. MyLessThanPrimeBeef

      You think scientists have time for inventing a DNA-Extraction-From-Saliva Kissing Robot?

      Put a few at every intersection in New York, and you would not need DNA-extracting skin cream.

      “Beware of Geeks bearing Techno-gifts.”

      1. polecat

        Gauud ! …..i just knew there was something weird about that tube of lotion when I opened it !!

  21. JCC

    I’m guessing P. Krugman drinks gallons of tea before he sits down to write an editorial.

    1. MyLessThanPrimeBeef

      Small bladder.

      Our best known public personalities are afflicted with small hands or small bladders.

      Anyone still wanna argue Small is not Beautiful?

  22. Nick

    An article in the NYT about how the primary process “is seen as” in conflict with democracy. Yes, having a highly undemocratic mechanism in place to control the nominating process does unfortunately give the impression that sweeping aspects of the process may in fact be undemocratic.

    “The role of Democratic superdelegates was created after the 1980 election to ensure that rank-and-file voters could not easily vote in an activist candidate.”

    Their thinking was clearly in line with that of Basil Fawlty…no riff-raff

      1. Nick

        Interesting reads, but the rationale seems to largely be grounded in a case of “remembering the future” as historian Lewis Namier put it. And that’s a pretty good way of ensuring that true change won’t come along, since you have the old guard establishment saying “look what happened during this other time in American history” and “we can’t let that happen again” and then putting a finger on the scale every time. IMO that’s an ugly example of fear once again running the show, at the expense of rational reasoning.

      1. Mark Alexander

        Unfortunately, the margin wasn’t enough to win a majority of the pledged delegates, and of course the bought-and-paid-for superdelegates all went with HRC.

  23. John

    Bernie won all six contests since AZ, getting 68% of all delegates. Wyoming today more of same.
    NY and eastern states harder, but just maybe…
    Better go donate.

  24. August West

    I really enjoyed this article. Thoughts: This piece highlights the hypocrisy of “the establishment”. In this case, it is the scientific establishment. It’s very interesting to read the history of how the Low Fat hypothesis came to be the basis for sound nutrition. The the broader message, in my view, is in this passage.

    “We no longer live in a world in which elites of accredited experts are able to dominate conversations about complex or contested matters. Politicians cannot rely on the aura of office to persuade, newspapers struggle to assert the superior integrity of their stories. It is not clear that this change is, overall, a boon for the public realm. But in areas where experts have a track record of getting it wrong, it is hard to see how it could be worse. If ever there was a case that an information democracy, even a very messy one, is preferable to an information oligarchy, then the history of nutrition advice is it.”

    This is why we all come to NC. Thank you to Yves, Lambert and contributors, and also to the commenters who force us to question more!!

    1. MyLessThanPrimeBeef

      I think we are demanding too much.

      After, a scientific theory is just today’s best explanation.

      And no expert can ever get it ‘right.’ So, experts will always have a track record of getting it wrong.

      “Wait till tomorrow” is always a correct response.

      Now that we have that useful philosophic insight, we can put it in storage, when we worship and admire our best and brightest scientists when they receive their awards, and boldly go into Nature to alter her (to save mankind)…sticking unwanted (we don’t her for permissions) objects into her body.

    2. Foppe

      I appreciate your enthusiasm, but this article peddles nonsense. While “low fat” has certainly been touted, it’s both never really been tried (just look at the food sales for the past 30 years; meat/dairy/egg/processed food-consumption has only grown), and it was flawed to begin with, because of how any animal product-based diet will deliver something like 20-50% of the calories via fat rather than carbs (starch). Truly low fat — and healthy — eating means getting preferably about 10% of your calories from fat, while consuming a whole foods plant-based (vegan) diet. If you do that, most ‘western’ diseases, which are basically consequences of long-term food poisoning, are reversible. (heart disease, diabetes 2, blood-related disease generally.) For more, see, e.g., McDougall’s The Starch Solution, Esselstyn’s Prevent and Reverse Heart Disease, and/or something like this talk: ‘Uprooting the Leading causes of Death’.

      See also this video for an explanation as to why recent ‘findings’ that sat fat etc. are ‘unfairly stigmatized’ are misleading, and how one can mislead by designing studies in specific ways that are guaranteed to give certain outcomes, because of who you compare to, etc. (sponsored by the meat & dairy industries).

  25. Adam Eran

    The Taibbi article not only exposes Krugman’s bias, but paints him as painfully ignorant. I guess it’s still true that understanding something is difficult when your paycheck requires you not understand.

    1. Lambert Strether

      It’s worse than ignorant. It’s a total airbrushing of history. Taibbi writes:

      What’s so baffling about Krugman’s column is that there is a massive amount of documentary evidence outlining this behavior, committed by virtually every major bank in America.

      Or it’s not baffling. One can only imagine what office Krugman has in mind as his reward for this drivel, but we can be sure at this point that nothing he does there — assuming, of course, that the Clintons act in good faith and reward him with a position commensurate with his talents — will be done from any basic understanding of recent history.

      1. Skippy

        Lifeboats…. there are only so many….

        Skippy…. was even informed by someone in Singapore to watch myself… might have my boarding pass revoked…

    2. Mark Alexander

      Taibbi says: “Forget about the Sanders-Clinton race, because it’s irrelevant to the issue. Krugman is just wrong about this.”

      But maybe it’s not irrelevant. Could it be that Krugman is ignoring the banks because doing so benefits HRC? He can say, “Look, she told Wall Street to cut it out, and they did!”

      I could be wrong, though.

  26. Synapsid

    There is an article at China Sign Post that is well worth reading: China peak diesel poses a serious challenge to Saudi Arabia, may help force OPEC production cut.

    Something here that affects us all, yep.

    The same article is at in a format slightly easier to read.

    1. MyLessThanPrimeBeef

      Another consideration w.r.t. China – Is there a power struggle going on now, with (very) top officials linked to Mossack Fonseca?

      For reference, the Guinness record to beat (in China) is probably this (from Wikipedia on eunuch Heshen:

      His total property was ultimately estimated at around 1,100 million taels of silver, reputedly estimated to be an amount equivalent to the imperial revenue of the Qing government for 15 years.

      You are not going find too many rich people like him…

      1. For The Win

        It would not surprise me if the Panama documents were stolen and leaked by hackers from China. One downside to this reasoning until recently was that the military was benefiting from Xi, who control most of the hacking activities. However, Xi has attempted to streamline the management of the military and arrest a number of corrupt military officials to replace them with (corrupt?) military officials even more loyal to him.

        Between the recent letter requesting his resignation and the leaks from Panama, it seems there may be some in the Military, with sufficient power to hold off being cleansed for the moment, who want Xi’s wings clipped.

  27. Vikas Saini

    Re: Has Bill Clinton lot his Political Mojo?

    I find it very disingenuous. Portrays Bill as straying off HRC’s message due to his own impulses in a way that appeals to the Trump (and Republican base in genera) as a happy accident.

    Call me cynical, but it seems that they have a division of labor in place, and he gets to do the Sister Souljah thing while she battles Bernie.

  28. MyLessThanPrimeBeef

    Squirrels adopting orphans.

    We know apes could adopt human tarzan orphans.

    And a wolf adopted Romulus and Remus.

    Will robots be as kind in the future?

  29. MyLessThanPrimeBeef

    Unlocking method won’t work on new iPhones – FBI director.

    Why isn’t that classified?

    A trap to lure in bad guys?

  30. Jess

    Latest on Wyoming — Bernies wins 56% but gets 4 fewer delegates (7 to Hellary’s 11). How does that work?

      1. Jess

        Yeah, but even so, with 14 elected delegates if Bernie won 7 then the other 7 had to go to Hellary, even though he trounced her in the popular vote. As someone on my FB page noted, “when you can’t win there’s always cheating”.

  31. ewmayer

    I don’t see an actual link under the link-looking NPR drilling-into-crater story.

    And another day with fully 20% of comments from the same individual. So much for quality over quantity, and of Skynet’s being in any way discerning in its choices as for what commentary to relegate to moderation.

  32. dk

    Panama papers: Mossack Fonseca offices in El Salvador raided

    Smart move by El Salvador’s Attorney General Douglas Melendez, whoever he is. His phone must be ringing off the hook right now.

    He got into the office on a anti-corruption platform:

    But as another recent article points out:

    While it may be unfair to judge the newly installed attorney general on the outcome of a case built under his predecessor, Silva [Hector Silva, an El Salvador organized crime expert and long-time InSight Crime contributor] noted that he has not seen any evidence to suggest that the current Attorney General’s Office is changing strategy or pursuing new cases in a way that suggests a significant departure from the past. “Impunity rules,” he said.

  33. Jim Haygood

    Horrified by Trump, the Boston Globe offers an hysterical defense of the status quo, complete with a faux front page from 2017:

    Realizing that the R party faces a double bind, a few conservatives have been clear-eyed enough to see the need for a plausible, honorable alternative that could emerge from the likely contested convention.

    Names like Paul Ryan and Mitt Romney have come up. If no candidate gets a majority on the convention’s first ballot, such a nomination might be theoretically possible.

    “Names like Paul Ryan and Mitt Romney have come up.” Ah ha ha ha … AH HA HA HA!

    Good old, well-vetted establishment names, who reliably do what they’re paid to do.

    MSM clowns … the peoples’ enemy; the fake leader’s friend.

  34. Jim Haygood

    Argentina’s Widow K charged with corruption:

    BUENOS AIRES (Reuters) – Cristina Fernandez Kirchner, who stepped down as president of Argentina in December after eight years in office, has been charged by a prosecutor with money laundering, local media reported on Saturday.

    The decision follows testimony on Friday by businessman Leonardo Farina, who in a plea bargain implicated Fernandez and her late husband and former President Nestor Kirchner in a case related to money laundering and embezzling funds earmarked for public works.

    Julio De Vido, a longtime Fernandez and Kirchner ally and former minister, was also charged, local newspapers Clarín and La Nación reported, citing judicial sources.

    Last Tuesday, another Fernandez ally, businessman Lazaro Baez, was arrested for questioning as part of the same investigation.

    Throughout her presidency, Clarín and La Nación published articles detailing how the Widow K’s net worth was spiraling up at a rate that far outstripped her earnings and any realistic level of capital appreciation.

    She responded by creating a national newsprint monopoly and trying to starve them of paper.

    Now the tables have turned.

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