Monthly Archives: May 2017

May 31, 2017

• 2:00PM Water Cooler 5/31/2017
  by Lambert Strether 2:00 pm

• Wolf Richter: Dear Fed, It’s Not “Really Hard to Spot Bubbles”
  by Jerri-Lynn Scofield 9:55 am

• Links 5/31/17
  by Jerri-Lynn Scofield 6:55 am

• How CalPERS General Counsel Matt Jacobs Violated California Bar Rules
  by Yves Smith 3:10 am

• CalPERS Legal Department Employee Trolls Naked Capitalism Site, Putting Focus on Violations of Bar Rules
  by Yves Smith 3:10 am

• CalPERS’ Comment on Naked Capitalism Reveals Mid-Level Network Security Deficiency; What Else Might Be Wrong?
  by Yves Smith 3:09 am

• NYC Meetup This PM With Lambert (and Michael Hudson)!
  by Yves Smith 2:44 am

May 30, 2017

• 2:00PM Water Cooler 5/30/2017
  by Lambert Strether 2:00 pm

• Two Questions for the Next SEC Director of Enforcement
  by Jerri-Lynn Scofield 1:55 pm

• Fashion Industry Dogged By Sustainability Concerns
  by Jerri-Lynn Scofield 8:25 am

• Links 5/30/2017
  by Jerri-Lynn Scofield 6:55 am

• John Helmer: Zbigniew Brzezinsku, the Svengali of Jimmy Carter’s Presidency, Is Dead, But the Evil Lives On
  by Jerri-Lynn Scofield 4:55 am

• New York Attorney General: Feds Must Address Bakken Crude Oil Bomb Trains. Feds: Maybe Later?
  by Jerri-Lynn Scofield 2:55 am

• Be Sure to Join Our NYC Meetup With Lambert Tomorrow, May 31
  by Yves Smith 12:04 am

May 29, 2017

• The Body-Slamming of Jacobs vs. The Caning of Sumner
  by Lambert Strether 2:00 pm

• Links 5/29/17
  by Lambert Strether 6:55 am

• Steve Keen: Why Economists Have to Embrace Complexity to Avoid Disaster
  by Lambert Strether 4:55 am

May 28, 2017

• Roger Ailes and Rachel Maddow: A Friendship Made in Heaven?
  by Lambert Strether 2:51 pm

• Links 5/28/17
  by Lambert Strether 6:55 am

• Economic Ideas You Should Forget
  by Lambert Strether 6:50 am

May 27, 2017

• Links 5/27/17
  by Yves Smith 6:55 am

• Why Withdrawal or “Tiny” Living Isn’t a Solution to Sustainability
  by Yves Smith 4:00 am

• The New New Deal
  by Yves Smith 2:41 am

May 26, 2017

• 2:00PM Water Cooler 5/26/2017
  by Lambert Strether 2:00 pm

• Europe’s Faustian Bargain with Big Finance
  by Yves Smith 9:55 am

• Links 5/26/17
  by Yves Smith 6:55 am

• The White House Flouts Ethics Rules
  by Yves Smith 1:29 am

• Down the Memory Hole: Living in Trump’s United States of Amnesia
  by Yves Smith 12:12 am

May 25, 2017

• 2:00PM Water Cooler 5/25/2017
  by Lambert Strether 2:00 pm

• Dumb Things Politicians Say About Health Care Policy
  by Yves Smith 9:55 am

• Links 5/25/17
  by Lambert Strether 6:55 am

• Don Quijones: Catalonia Threatens Spain with “Financial Bloodbath”
  by Yves Smith 2:20 am

• Trump’s Budget Delivers Big Oil’s Wish: Reducing Strategic Petroleum Reserve
  by Yves Smith 12:40 am

• Yet Another Video Shows U.S.-Funded White Helmets Assisting Public Executions in Rebel-Held Syria
  by Yves Smith 12:05 am

May 24, 2017

• 2:00PM Water Cooler 5/24/2017
  by Lambert Strether 2:00 pm

• Debt Relief or a Fourth Financial Assistance Program for Greece?
  by Yves Smith 9:55 am

• Links 5/24/17
  by Lambert Strether 6:55 am

• CalPERS Keeps Board in the Dark About How Private Equity “Subscription Line Financing” Gooses Staff and General Partner Pay and Systemic Risk
  by Yves Smith 3:29 am

• Saudi Finance Minister: “I Wouldn’t Care If The Oil Price Is Zero”
  by Yves Smith 12:26 am

• Government Austerity Demands That We Die Within Our Means
  by Yves Smith 12:09 am

• Reminder: NYC Meetup With Lambert Next Wed, May 31
  by Yves Smith 12:01 am

May 23, 2017

• 2:00PM Water Cooler 5/23/2017
  by Lambert Strether 2:00 pm

• Links 5/23/17
  by Jerri-Lynn Scofield 6:55 am

• Bill Black: FBI Investigations Are Conducted at the Discretion of its Director
  by Jerri-Lynn Scofield 6:25 am

• Wall Street Journal Trolls CalPERS After Getting It to Correct Expense Misrepresentation
  by Yves Smith 3:31 am

• 4 Lies in 25 Seconds: CalPERS’ Wylie Tollette, PR Staff, Keep Cooking Cost Numbers Despite Being Called Out
  by Yves Smith 3:31 am

• Gaius Publius: The Dying Fossil Fuel Industry
  by Yves Smith 12:05 am

May 22, 2017

• 2:00PM Water Cooler 5/22/2017
  by Lambert Strether 2:00 pm

• Climate Change: What Follows as US Surrenders Global Leadership Role?
  by Jerri-Lynn Scofield 10:25 am

• Board Member JJ Jelincic Calls Out CalPERS’ “Roy Cohn,” General Counsel Matt Jacobs
  by Yves Smith 9:44 am

• Links 5/22/17
  by Jerri-Lynn Scofield 6:55 am

• Peter Van Buren: Whistleblowers, Moral Injury, and Endless War
  by Jerri-Lynn Scofield 6:25 am

• Healthcare Inefficiency: “Low-Quality Drugs Diffuse More Quickly in the US”
  by Yves Smith 1:04 am

May 21, 2017

• Apple Spends Big to Thwart Right to Repair in New York and Elsewhere
  by Jerri-Lynn Scofield 9:55 am

• Links 5/21/17
  by Jerri-Lynn Scofield 6:55 am

• The New Normal: Demand, Secular Stagnation and the Vanishing Middle-Class
  by Jerri-Lynn Scofield 5:25 am

May 20, 2017

• Links 5/20/17
  by Lambert Strether 6:55 am

• WSJ: JJ Jelincic to Leave CalPERS Board
  by Yves Smith 2:27 am

• The Bank Competition Myth
  by Yves Smith 2:18 am

May 19, 2017

• 2:00PM Water Cooler 5/19/2017
  by Lambert Strether 2:00 pm

• Notes From an Emergency: Tech Feudalism
  by Yves Smith 9:55 am

• Links 5/19/17
  by Lambert Strether 6:55 am

• Trump Treasury Secretary Steve Mnuchin Renounces Commitment to Glass-Steagall While Saying He Isn’t
  by Yves Smith 5:40 am

• Private Equity’s Lousy Governance
  by Yves Smith 5:19 am

• Quelle Surprise! Pricey Housing Discourages Having Kids
  by Yves Smith 5:15 am

May 18, 2017

• 2:00PM Water Cooler 5/18/2017
  by Lambert Strether 2:00 pm

• Matt Bruenig: More Job Guarantee Muddle
  by Yves Smith 9:55 am

• Links 5/18/17
  by Yves Smith 6:55 am

• Mr. Market Starts to Question Trump Trade Delusion
  by Yves Smith 6:50 am

• Wolf Richter: Did Cisco Just Say Demand is “Very Lumpy?”
  by Yves Smith 6:44 am

• Genetically Engineered Disappointments
  by Yves Smith 6:14 am

May 17, 2017

• 2:00PM Water Cooler 5/17/2017
  by Lambert Strether 2:00 pm

• Toward a Jobs Guarantee at the Center for American Progress (!)
  by Lambert Strether 1:05 pm

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

• Hayek and Neoclassicals Meet Information Theory and Fail
  by Yves Smith 5:35 am

• China Blinks!
  by Yves Smith 3:37 am

• Why Did the FBI Leak the Comey Memo?
  by Yves Smith 1:22 am

May 16, 2017

• 2:00PM Water Cooler 5/16/2017
  by Lambert Strether 1:18 pm

• Trump’s Lousy “Presidential Advisory Commission on Election Integrity”
  by Lambert Strether 12:45 pm

• Links 5/16/17
  by Yves Smith 6:55 am

• Trump Reiterates Support for a New Glass-Steagall Act, But It Will it Pass Congress?
  by Yves Smith 3:38 am

• More Evidence School Choice Hurts Student Performance
  by Yves Smith 3:19 am

• Mark Ames: The FBI Has No Legal Charter But Lots of Kompromat
  by Yves Smith 12:51 am

May 15, 2017

• 2:00PM Water Cooler 5/15/2017
  by Lambert Strether 2:00 pm

• Board Candidate Asks Whether CalPERS Is Cooking the Books to Fatten Bonuses
  by Yves Smith 10:20 am

• China Cannot Finance the Belt and Road Alone
  by Lambert Strether 9:25 am

• Links 5/15/17
  by Lambert Strether 6:55 am

• Some Public Pension Funds Taking on Outsized Private Equity and Hedge Fund Fees
  by Yves Smith 4:34 am

• Tom Engelhardt: America’s Globalization of Misery
  by Yves Smith 12:25 am

May 14, 2017

• Jobless Recoveries: Exploring Technology’s Role
  by Lambert Strether 9:55 am

• Links 5/14/17
  by Lambert Strether 6:45 am

• New Jersey’s Flooding Crisis Hits Low-Income People Hardest
  by Yves Smith 2:45 am

• Join Us for a May 31 NYC Meetup with Lambert!
  by Yves Smith 1:09 am

May 13, 2017

• Links 5/13/17
  by Yves Smith 6:55 am

• The Financial Crisis That Spawned Austerity, Corporatized the Democratic Party and Gave the World Donald Trump
  by Yves Smith 4:04 am

• As Clinton Blames Comey & Russia, Authors of “Shattered” Expose Aimless Campaign
  by Yves Smith 3:32 am

May 12, 2017

• 2:00PM Water Cooler 5/12/2017
  by Lambert Strether 2:00 pm

• How Financialization and the “New Economy” Hurt Science and Engineering Grads
  by Yves Smith 9:55 am

• Links 5/12/17
  by Lambert Strether 6:55 am

• Gaius Publius: Trump – A Nation in Crisis, Again
  by Yves Smith 5:50 am

• Illinois Bill Targets Carried Interest Loophole
  by Yves Smith 5:02 am

• United Tinpot Tyrant Violates Contract, Abuses Customer by Cancelling Ticket for Being Videoed
  by Yves Smith 4:28 am

May 11, 2017

• 2:00PM Water Cooler 5/11/2017
  by Lambert Strether 2:00 pm

• In Bleak Prognosis, Italy’s Financial Regulator Threatens EU with Return to a “National Currency”
  by Yves Smith 9:55 am

• Links 5/11/17
  by Yves Smith 6:55 am

• International Arbitration Is the Way to Settle the UK’s Brexit Bill
  by Yves Smith 6:11 am

• Secretly Approved in Alaska, Will LNG Trains Soon Appear in Rest of US?
  by Yves Smith 1:10 am

• Ilargi: Comey and the End of Conversation
  by Yves Smith 12:15 am

• VA Hospital Forcing Patients to Use Facebook and Twitter
  by Yves Smith 12:08 am

May 10, 2017

• 2:00PM Water Cooler 5/10/2017
  by Lambert Strether 2:00 pm

• The Role of Social Security Wealth: A Head-to-Head Comparison of Germany and the US
  by Yves Smith 9:55 am

• Links 5/10/17
  by Yves Smith 6:55 am

• Falling Through the Cracks: Insecure Work and the Social Safety Net
  by Yves Smith 4:29 am

• China Sickening into Classic Emerging Market Crisis
  by Yves Smith 3:46 am

May 9, 2017

• Will Trump’s Firing of FBI Director James Comey Be His Saturday Night Massacre? (Updated)
  by Yves Smith 7:19 pm

• 2:00PM Water Cooler 5/9/2017
  by Lambert Strether 2:00 pm

• Immiseration Revisited: The Four Phases of Working Time
  by Yves Smith 9:55 am

• Links 5/9/17
  by Lambert Strether 6:55 am

• Chicago Shows How Charter School Profiteering Bleeds Public Schools Without No Performance Improvement and Higher Segregation
  by Yves Smith 6:13 am

• Globalization and the End of the Labor Aristocracy, Part 4
  by Yves Smith 4:03 am

• Hoisted from E-Mail: Puzzling Out the UK’s Shambolic Approach to Brexit
  by Yves Smith 12:58 am

May 8, 2017

• 2:00PM Water Cooler 5/8/2017
  by Lambert Strether 2:00 pm

• Dakota Access Pipeline Divestiture and Climate Change Politics
  by Jerri-Lynn Scofield 9:55 am

• Links 5/8/17
  by Jerri-Lynn Scofield 6:55 am

• Road to Trump’s Climate Change Hell Paved by Obama and Clinton
  by Jerri-Lynn Scofield 5:55 am

• Compassionate Capitalism in the Middle Ages: Profit and Philanthropy in Medieval Cambridge
  by Yves Smith 1:24 am

• Andrew Bacevich: What Obsessing About Trump Causes Us To Miss
  by Yves Smith 12:35 am

May 7, 2017

• Oklahoma Governor Mary Fallin Signs Law Imposing Hefty Fines and Lengthy Jail Terms for Anti-Pipeline Protests
  by Jerri-Lynn Scofield 9:55 am

• Links 5/7/17
  by Jerri-Lynn Scofield 6:55 am

• GOP Attack on Obamacare Won’t Slow Calls for Democrats to Back Single-Payer
  by Jerri-Lynn Scofield 4:25 am

May 6, 2017

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

• Book Review: Game of Mates
  by Yves Smith 4:20 am

• Growing Inequality Under Global Capitalism
  by Yves Smith 4:06 am

• NY Times Lets a Charter School Propagandist Distort the Facts on Its Op-Ed Page
  by Yves Smith 3:29 am

May 5, 2017

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

• Is the Great China Crash Upon Us?
  by Yves Smith 9:55 am

• Links 5/5/17
  by Lambert Strether 6:55 am

• Private Equity Clutching Pearls Over Sweden Ending Carried Interest Loophole
  by Yves Smith 4:52 am

• Why Are The Oil Markets Crashing?
  by Yves Smith 1:04 am

• Gaius Publius: Honeymoon of the Generals in the Age of Trump – Wolfowitz on McMaster, Mattis
  by Yves Smith 12:44 am

May 4, 2017

• Uber Under Federal Criminal Investigation for “Greyball” Software
  by Yves Smith 11:03 pm

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

• Understanding Household Financial Distress: The Role of Noncognitive Abilities
  by Yves Smith 9:55 am

• Links 5/4/17
  by Lambert Strether 6:55 am

• Organizing Against the Gig Economy: Lessons from Latin America?
  by Yves Smith 3:39 am

• Wilkerson: “We’re Staying in Afghanistan for the Next 50 Years”
  by Yves Smith 3:16 am

May 3, 2017

• CalPERS and Board Come Out Losers Over Kangaroo Court Against Its Most Effective Board Member (Updated)
  by Yves Smith 11:00 pm

• 2:00PM Water Cooler 5/3/2017
  by Lambert Strether 2:00 pm

• War, Morality, and How to Get There From Here
  by Yves Smith 9:55 am

• Links 5/3/17
  by Yves Smith 6:55 am

• UK’s Brexit Derangement Becomes More Visible as May Puts Foot in Mouth and Chews
  by Yves Smith 6:52 am

• Wolf Richter: #Carmageddon Not Yet, But Hot Air Hisses out of Auto Bubble
  by Yves Smith 4:14 am

• Michael Hudson: Review of Steve Keen’s “Can We Avoid Another Financial Crisis?”
  by Yves Smith 12:18 am

May 2, 2017

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

• How Norway Shows the Limits of “Civilized Capitalism” and Social Organization
  by Yves Smith 9:55 am

• Links 5/2/17
  by Yves Smith 6:55 am

• British Press Hissy Fit Over Predictable EU Move to Relocate Euro-Clearing to the Continent
  by Yves Smith 4:39 am

• Canadian Bank Run Contagion Begins?
  by Yves Smith 4:00 am

• CalPERS Hides Bogus Persecution: Promised Public Hearing for Lone Effective Director Held in Secret
  by Yves Smith 12:11 am

May 1, 2017

• 2:00PM Water Cooler 5/1/2017
  by Lambert Strether 2:00 pm

• Taxes, and the Parable of “Turning Litter Into Money”
  by Lambert Strether 1:15 pm

• Links 5/1/2017
  by Lambert Strether 6:55 am

• The Fall of the Latin American Left, Part III: Argentina and the Right Winning Elections
  by Yves Smith 6:50 am

• Nina Turner: Why Do Politicians Ignore Environmental Issues?
  by Lambert Strether 6:25 am

• Globalization and the End of the Labor Aristocracy, Part 3
  by Yves Smith 12:15 am