Author Archives: Yves Smith

Holiday Schedule and Sort of Comments Holiday

We’re taking a bit of a respite over the holidays and hope you can too.

Links 12/23/2021

Maybe No Omicron Boosters?

The Administration, in the form of Dr. Fauci, is taking another anti-public-health stance by talking down Omicron boosters.

Understanding Inflation Risks in the US and the Euro Area

Fed-type models say US inflation will hang around. So the central bank will try to Do Something when it really can’t do much.

Coal On Track To Break Records Despite Efforts To Curb Production

So much for coal being on the way out….

As Pressure Mounts, Biden Considers Extending Pause of Student Loan Payments

Biden is signaling he might retreat on resuming student debt payments. But is this simply a ploy in light of the BBB brick wall?

California Suit Takes Aim at Private Equity Engaging in Illegal Practice of Medicine by Owning Outsourced MD Practices

An important new suit targets a central and not even well disguised private equity abuse: illegally practicing medicine via owning MD groups.

Kellogg Workers OK Contract, Ending 11-Week Strike

The Kellogg agreement still leaves workers vulnerable, says a local union president.

Why America’s Military Leaders Need to be Purged

Why the US miliitary desperately needs a housecleaning, starting at the top.

Crash Course: Injured Patients Who Sign ‘Letters of Protection’ May Face Huge Medical Bills and Risks

Dr. Kingsley R. Chin demonstrates how utterly depraved some medical scammers are.

Links 12/21/2021

Judge Rules CalPERS Violated Bagley-Keene Open Meeting Act by Holding Improper Closed Session After Ben Meng Resignation

CalPERS got a bloody nose in court. Maybe the board will wise up and behave better in the future.