Update: Supreme Court to Weigh EPA Authority on Greenhouse Pollutants
Additional briefs shed light on possible outcomes of major Supreme Court case scheduled for oral arguments this month.
Read more...Author Archives: Yves Smith
Hubert Horan: Can Uber Ever Deliver? Part Twenty-Nine: Despite Massive Price Increases Uber Losses Top $31 Billion
Uber burns through yet more cash, but analysts and reporters fail to question its extremely misleading financials.
Read more...Resource Limits to American Capitalism & The Predator State Today
James K. Galbraith discusses the shift of the US from industrialism to his so-called predator state: finance-led, military-centered corporatism
Read more...SEC Set to Lower Massive Boom on Private Equity Industry
Private equity is about to get a big wake-up call. Expect shoes to drop when industry has to make basic disclosures about fees and returns.
Read more...Revealed: New Insight into What Really Drives the Stock Market
In How Novelty and Narratives Drive the Stock Market, economist Nicholas Mangee examines how stories influence stock market outcomes
Read more...Links 2/9/2022
The 50 Biggest US Donors Gave or Pledged Nearly $28 Billion in 2021 – Bill Gates and Melinda French Gates Account for $15 Billion of That Total
No, you are not paranoid if you worry about the outsized influence of the Gates Foundation.
Read more...Resist Inflation Phobia Coup
Efforts to cure inflation, at least for poorer countries, will prove to be more damaging than the disease.
Read more...Occupy the SEC to DoJ: Act on Congressional Mandate, Quit Rubber Stamping Bank Mergers
Occupy the SEC is back! The small group of lawyers, bank compliance experts, and financial services industry product specialists generated an outside reputation with its highly praised, over 300 page comment letter on Dodd Frank. As Law.com wrote: In detailing how they believe the Volcker Rule can be strengthened, Occupy the SEC has written what […]
Read more...New Report: Monetary Policy Without Interest Rate Hikes
A fresh report lead authored by Nathan Tankus takes on orthodoxy monetary policy ideas and provides Modern Monetary Theory solutions.
Read more...Quelle Surprise! Covid Burden Falling Hardest on Low Income Workers…But Don’t Expect Any Help
Don’t get us wrong. We really like EPI. But a new piece on Covid’s impact on low income workers has good analysis and out of date proposals.
Read more...IMF Surcharges: A Lose-Lose Policy for Global Recovery
The IMF seems unable to drop its punitive, self and “client” destructive habits.
Read more...Michael Hudson: America’s Real Adversaries Are Its European and Other Allies
America has gone off the deep end re Ukraine. It’s pressuring allies to engage in economic self-harm, which is not a relationship-builder
Read more...News Flash: CalPERS Invents Time Machine! Not News: CalPERS Again Lies in Suit Over Illegal Secret Board Meeting and Smears Former Board Member Margaret Brown as Diversion
CalPERS digs its hole even deeper in its effort to keep parts of a board transcript secret. What dirt does it contain?
Read more...Blinken’s Booby Traps – How The US Propaganda Paper Released In Madrid Proposes to Go to War With Russia While Claiming to Do The Opposite
The US seems to think it is too clever by half in dealing with Russia. But some parties close to the action, like Europeans, aren’t so keen.
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