Monthly Archives: April 2017

April 30, 2017

• If You Want to Know What the Democratic Party Is, Just Ask Their Lawyer
  by Lambert Strether 1:15 pm

• Links 4/30/2017
  by Lambert Strether 6:55 am

• 5 Times Charter School Founders Used Shady Real Estate Deals to Shamelessly Enrich Themselves
  by Lambert Strether 6:25 am

April 29, 2017

• The Trump Administration’s FCC Tries to Roll Back Net Neutrality
  by Lambert Strether 2:15 pm

• Links 4/29/2017
  by Lambert Strether 6:55 am

• Do We Understand the Impact of Artificial Intelligence on Employment?
  by Lambert Strether 5:25 am

April 28, 2017

• 2:00PM Water Cooler 4/28/2017
  by Lambert Strether 2:00 pm

• Facebook Hews To Democratic Party Line on 2016 Election Manipulation
  by Jerri-Lynn Scofield 1:25 pm

• They Go Together: Freedom, Prosperity, and Big Government
  by Yves Smith 9:55 am

• Senate Democrats Discuss Doubling Down on Losing Strategy of Suing Trump on Emoluments
  by Jerri-Lynn Scofield 7:55 am

• Links 4/28/2017
  by Jerri-Lynn Scofield 6:55 am

• UN Panel Strives to Improve Access to Medicines: TRNN Interview with Celso Amorim
  by Jerri-Lynn Scofield 5:25 am

• Gaius Publius: Obama Harvests His Presidency
  by Jerri-Lynn Scofield 12:55 am

• Reminder: Washington DC Area Meetup Tonight, April 28!
  by Yves Smith 12:22 am

April 27, 2017

• 2:00PM Water Cooler 4/27/2017
  by Lambert Strether 2:00 pm

• Links 4/27/2017
  by Lambert Strether 6:55 am

• Wall Street Journal Reports on Appearance of Private Equity Self-Dealing at Blackstone and Other Firms Nearly Four Years After We Broke the Story
  by Yves Smith 5:27 am

• Why Anti-War Purity Tests Are Not Sound Political Strategy
  by Yves Smith 5:01 am

• Mark Ames: Credit Suisse Decries Russian Inequality After Playing Leading Role in Creating It
  by Yves Smith 12:47 am

April 26, 2017

• 2:00PM Water Cooler 4/26/2017
  by Lambert Strether 2:00 pm

• “Howard Marks Seems to Read Naked Capitalism” on Private Equity Fund-Level Borrowing That Juice Reported Returns While Increasing Risks
  by Yves Smith 9:55 am

• Links 4/26/2017
  by Jerri-Lynn Scofield 6:55 am

• The Fall of the Latin American Left, Part II: Venezuela’s Heterodox Collapse
  by Yves Smith 6:50 am

• Trump Team Turns On Wikileaks Co-Founder Julian Assange
  by Jerri-Lynn Scofield 5:55 am

• Casting Away Despair
  by Yves Smith 2:20 am

• Don’t Miss Our Washington DC Area Meetup This Friday, April 28!
  by Yves Smith 2:00 am

April 25, 2017

• 2:00PM Water Cooler 4/25/2017
  by Lambert Strether 2:00 pm

• The Operation and Demise of the Bretton Woods System: 1958 to 1971
  by Yves Smith 9:55 am

• Links 4/25/17
  by Lambert Strether 6:55 am

• The Fall of the Latin American Left, Part I: Brazil’s Boom and Bust
  by Yves Smith 6:50 am

• Wolf Richter: Private Equity in the Thick of Bricks and Mortar Retail Implosion
  by Yves Smith 1:50 am

• Gaius Publius: Hillary Clinton Explains Our North Korea, South Korea, China Policy
  by Yves Smith 12:36 am

April 24, 2017

• 2:00PM Water Cooler 4/24/2017
  by Lambert Strether 2:00 pm

• Trump and Congress Use Congressional Review Act to Roll Back 14 ‘Midnight’ Rules; More to Follow?
  by Jerri-Lynn Scofield 9:55 am

• Newspaper Owned By Fracking Billionaire Leaks Memo Calling Pipeline Opponents Potential “Terrorists”
  by Jerri-Lynn Scofield 7:55 am

• Links 4/24/17
  by Jerri-Lynn Scofield 6:55 am

• Democrat Disunity: Hypocritical Media Attacks on Sanders
  by Yves Smith 6:32 am

• Former Workers at Elon Musk’s SolarCity Allege Employment Abuses, Improper Installations
  by Yves Smith 5:00 am

April 23, 2017

• Please Come to Our Washington DC Area Meetup This Friday, April 28
  by Yves Smith 5:00 pm

• Trump DOJ to Continue FCPA Focus: More Smoke and Mirrors?
  by Jerri-Lynn Scofield 9:55 am

• Links 4/23/17
  by Jerri-Lynn Scofield 6:55 am

• Michael Klare: Climate Change as Genocide: Inaction Equals Annihilation
  by Jerri-Lynn Scofield 5:25 am

April 22, 2017

• Links 4/22/17
  by Yves Smith 6:55 am

• The Automation Grift: From Flying Cars to Ordering Cat Food on the Internet – Part 2
  by Yves Smith 4:05 am

• America is Regressing into a Developing Nation for Most People
  by Yves Smith 3:56 am

April 21, 2017

• 2:00PM Water Cooler 4/21/2017
  by Lambert Strether 2:00 pm

• Fintech Puts Payday Lending Old Wine in New Bottles
  by Clive 9:55 am

• Links 4/21/17
  by Yves Smith 6:55 am

• Too Little, Too Late Lawsuit Against Predatory Servicer Ocwen Demonstrates Failure to Address Servicing Abuses
  by Yves Smith 6:35 am

• The Amazon.com Effect: Retailers Say They’re Not Selling, but Consumers Report They Are Buying
  by Yves Smith 1:06 am

• Investor-State Dispute Settlement (ISDS) Suits Become Favored Hedge Fund Investment
  by Yves Smith 12:55 am

April 20, 2017

• 2:00PM Water Cooler 4/20/2017
  by Lambert Strether 2:00 pm

• Mexico’s Economy Is Being Plundered Dry
  by Yves Smith 9:55 am

• Links 4/20/17
  by Outis Philalithopoulos 7:01 am

• In Praise of Melancholia
  by Yves Smith 6:17 am

• Health Care “Reform” by Insiders Who Benefit from the Status Quo: Media Fails to Report Conflicts of Interest
  by Yves Smith 1:08 am

• 13 Questions That Expose Charter School Falsehoods
  by Yves Smith 12:35 am

April 19, 2017

• 2:00PM Water Cooler 4/19/2017
  by Lambert Strether 2:00 pm

• Against False Arrogance of Economic Knowledge
  by Yves Smith 9:55 am

• Links 4/19/17
  by Lambert Strether 6:55 am

• Californians! Please Write Today to Support Public Access to Government Records
  by Yves Smith 6:10 am

• Bill Black: Dodd-Frank Was Designed to Fail – and Trump Will Make it Worse
  by Yves Smith 6:10 am

• How to Keep Losing Wars in the Middle East
  by Yves Smith 1:41 am

• More Brexit Miscalculations: UK Can Have Industrial Policy Only With Hard Brexit
  by Yves Smith 12:58 am

April 18, 2017

• 2:00PM Water Cooler 4/18/2017
  by Lambert Strether 2:00 pm

• It’s Time to Regulate the Gig Economy
  by Yves Smith 9:55 am

• Links 4/18/17
  by Yves Smith 6:57 am

• The Brexit Situation is Developing Not Necessarily to the UK’s Advantage
  by Yves Smith 6:47 am

• Theresa May Announces Surprise Early Election for June 8
  by Yves Smith 6:32 am

• Gaius Publius: New Evidence that Syrian Gas Story Was Fabricated by the White House
  by Yves Smith 2:25 am

April 17, 2017

• 2:00PM Water Cooler 4/17/2017
  by Lambert Strether 2:00 pm

• Reading the Fine Print in Cuomo’s “Tuition-Free College” Plan
  by Lambert Strether 1:30 pm

• Links 4/17/17
  by Lambert Strether 6:55 am

• Our Current Food System Is Broken and Unjust—We Need a Paradigm Shift That Values Nutrition as a Human Right
  by Lambert Strether 6:25 am

• Skepticism About Private Equity Fees Going Mainstream: Pew and CalPERS Versus Yale and Industry Stalwarts
  by Yves Smith 5:45 am

• Globalization and the End of the Labor Aristocracy, Part 2
  by Yves Smith 5:14 am

April 16, 2017

• “I’m Back in the USSR / You Don’t Know How Lucky You Are”
  by Lambert Strether 1:25 pm

• Washington DC Area Meetup on Friday, April 28!
  by Yves Smith 1:00 pm

• Links 4/16/17
  by Lambert Strether 6:55 am

• Pittsburgh Post-Gazette: “Medication Errors in Hospitals Don’t Disappear with New Technology.” Government: “It’s the Doctors’ Fault.”
  by Lambert Strether 6:50 am

April 15, 2017

• Links 4/15/17
  by Yves Smith 6:55 am

• California and Trump’s Feds Headed to Major Clash on Immigration
  by Yves Smith 6:20 am

• Why You Can’t Have a Shorter Workweek
  by Yves Smith 4:48 am

April 14, 2017

• 2:00PM Water Cooler 4/14/2017
  by Lambert Strether 2:00 pm

• The Caymans: Reputation, Rhetoric, and Reality
  by Yves Smith 9:55 am

• Links 4/14/17
  by Lambert Strether 6:55 am

• Big US Banks Make Laughable Excuses for Preserving Failed Universal Bank Model
  by Yves Smith 6:00 am

• How the Greediest Charter School Operators Loot Taxpayers Via Real Estate Deals
  by Yves Smith 4:44 am

• Corruption at CalPERS: General Counsel Matt Jacobs as Exemplar of Culture of Casual Lying
  by Yves Smith 12:10 am

April 13, 2017

• 2:00PM Water Cooler 4/13/2017
  by Lambert Strether 2:00 pm

• The Failure of Austerity in the Great Recession
  by Yves Smith 9:55 am

• Links 4/13/17
  by Lambert Strether 6:55 am

• The Overlooked Past Behind U.S.-North Korea Tensions & How South Korea Could Forge Peace
  by Yves Smith 4:22 am

• More Evidence That Charter Schools Are a Taxpayer Ripoff That Delivers Poor Results
  by Yves Smith 3:58 am

• Dirt as a Carbon Sink?
  by Yves Smith 3:14 am

April 12, 2017

• 2:00PM Water Cooler 4/12/2017
  by Lambert Strether 2:00 pm

• How Land Disappeared from Economic Theory
  by Yves Smith 9:55 am

• Links 4/12/17
  by Yves Smith 6:59 am

• United Passenger “Removal”: A Reporting and Management Fail
  by Yves Smith 6:58 am

• It’s Not the Gig Economy, Stupid
  by Yves Smith 6:57 am

• Wolf Richter: Wild Housing Speculation Drives Entire Canadian Economy
  by Yves Smith 2:37 am

April 11, 2017

• 2:00PM Water Cooler 4/11/2017
  by Lambert Strether 2:00 pm

• Embracing the Silver Economy
  by Yves Smith 9:55 am

• Links 4/11/17
  by Yves Smith 6:59 am

• IMF Blames Fall of Middle Class on Globalization and Technology
  by Yves Smith 6:58 am

• Wells Fargo Fake Accounts Investigation Whitewashes Glaring Risk Management Failures
  by Yves Smith 6:42 am

• Business Press Waking Up to Bank Legacy IT Risk
  by Yves Smith 5:19 am

April 10, 2017

• 2:00PM Water Cooler 4/10/2017
  by Lambert Strether 2:00 pm

• Faster Fashion Cycle Accelerates
  by Jerri-Lynn Scofield 9:55 am

• Links 4/10/2017
  by Jerri-Lynn Scofield 6:55 am

• Student Debt Bubble Sucks Even More Out of Economy and Ruins Lives, Yet Officials Keep Inflating It
  by Yves Smith 6:00 am

• War in the Gulf (No, Not That Gulf!): The U.S. Navy’s Anti-Environmental Broadside in the Gulf of Alaska
  by Jerri-Lynn Scofield 4:55 am

• Trump’s Idea of Running Government Like a Business is Bad for Citizens
  by Yves Smith 4:09 am

April 9, 2017

• Goodbye Fiduciary Rule? Department of Labor Delays Implementation Until June
  by Jerri-Lynn Scofield 9:55 am

• Links 4/9/17
  by Jerri-Lynn Scofield 6:55 am

• Wolf Richter: Great Debt Unwind: Consumer Bankruptcies Jump, First Since 2010; Commercial Bankruptcies Spike
  by Jerri-Lynn Scofield 3:55 am

April 8, 2017

• Links 4/8/17
  by Lambert Strether 6:55 am

• John Michael Greer, James Howard Kunstler, Chris Martenson, Frank Morris, and Dmitry Orlov Discuss Trump, the Inequality Taboo and Other Hot Topics
  by Yves Smith 3:11 am

• President of Richmond Fed Leaks Insider Information and Gets to Walk Free
  by Yves Smith 2:18 am

April 7, 2017

• 2:00PM Water Cooler 4/7/2017
  by Lambert Strether 2:00 pm

• What is Artificial Intelligence?
  by Yves Smith 9:55 am

• Links 4/7/17
  by Lambert Strether 6:55 am

• The Clean Carbon Bad Joke
  by Yves Smith 5:08 am

• Trump, Syria, and Chemical Weapons: What We Know, What We Don’t, and the Dangers Ahead
  by Yves Smith 4:50 am

• Philippines President Duterte Orders Troops to Occupy South China Sea “Islands”
  by Yves Smith 2:18 am

April 6, 2017

• US Launches Airstrikes Against Syria (Updated)
  by Yves Smith 9:51 pm

• 2:00PM Water Cooler 4/6/2017
  by Lambert Strether 2:00 pm

• Globalization and the End of the Labor Aristocracy, Part 1
  by Yves Smith 9:55 am

• Links 4/6/17
  by Yves Smith 6:55 am

• Amazon Discovers the High Cost of Being Poor
  by Clive 6:50 am

• The Conversation About Basic Income is a Mess. Here’s How to Make Sense of It.
  by Yves Smith 6:11 am

• Small California Towns Are Facing Off Against Oil Companies — And Winning
  by Yves Smith 12:07 am

April 5, 2017

• 2:00PM Water Cooler 4/5/2017
  by Lambert Strether 2:00 pm

• The Global Corporate Saving Glut
  by Yves Smith 9:55 am

• Links 4/5/17
  by Yves Smith 6:55 am

• The War on Poverty, Then and Now
  by Yves Smith 5:58 am

• Richmond Fed’s Jeffrey Lacker Departs Due to Leak: Defenestration as Coverup?
  by Yves Smith 5:00 am

• Health Care Corporate CEOs Fret About Physician Burnout….Because It Hurts Their Profits?
  by Yves Smith 12:21 am

April 4, 2017

• 2:00PM Water Cooler 4/4/2017
  by Lambert Strether 2:00 pm

• Why Did CalPERS Pay FTI Consulting $224,625 for a Garbage-In, Garbage-Out Private Equity Whitewash?
  by Yves Smith 11:00 am

• Links 4/4/17
  by Yves Smith 6:55 am

• Kansas’ Idea to Keep Businesses (and Small Towns) Alive When Owners Retire
  by Yves Smith 5:19 am

• Gaius Publius: It’s Not About Gorsuch, It’s About the Democrats
  by Yves Smith 2:54 am

• Italian Banks: Not Quiet on the Eastern Front
  by Yves Smith 12:18 am

April 3, 2017

• 2:00PM Water Cooler 4/3/2017
  by Lambert Strether 2:00 pm

• Moving Beyond Liberal Narratives for What Motivates Trump Voters
  by Lambert Strether 1:14 pm

• Links 4/3/17
  by Lambert Strether 6:55 am

• Big Companies Shake Fingers at Employees for Raiding 401(k)s
  by Yves Smith 6:25 am

• Wolf Richter: This Economy is Ruined for Many Americans
  by Yves Smith 6:00 am

• How Do We Reclaim Control Of Our Lives When the Economy Looms So Grim?
  by Lambert Strether 5:55 am

April 2, 2017

• Credentialism and Corruption: Medical Coding, Symbol Manipulation, and Symbol Manipulators
  by Lambert Strether 1:10 pm

• Links 4/2/17
  by Lambert Strether 6:55 am

• “Henry VIII Clauses” in Britain’s “Great Repeal” Brexit Bill Gives Government Unprecedented Powers
  by Lambert Strether 6:25 am

April 1, 2017

• Links 4/1/17
  by Yves Smith 6:55 am

• Ilargi: Our Economies Run On Housing Bubbles
  by Yves Smith 4:52 am

• The Paradoxes of Fiscal Austerity in Brazil
  by Yves Smith 4:40 am