How the Government Can Steal Your Stuff: 6 Questions About Civil Asset Forfeiture Answered
Sad but necessary, a primer on civil asset forfeiture.
Read more...Author Archives: Yves Smith
South China Sea Time Bomb Threatens To Go Off
China upsets its neighbors.
Read more...Brexit: Boris Johnson’s Impossibility Theorem
No one is blinking in the Brexit staredown.
Read more...Trump Promised Massive Infrastructure Projects—Instead We’ve Gotten Nothing
Even budget hawks ought to embrace infrastructure spending, since those projects typically produce $3 of tax revenues for every $1 spent when there’s a backlog, as we clearly have in the US. So what is Trump’s excuse?
Read more...Links 7/25/19
CalPERS General Counsel Matt Jacobs Violated “Zero Tolerance” Policy via Manhandling CEO Marcie Frost; Will CalPERS Sanction Jacobs or Change the Policy?
CalPERS General Counsel Matt Jacob pawed CEO Marcie Frost. Not a good look.
Read more...Nobel Economist Angus Deaton: Inequality is Destroying Democratic Capitalism
Angus Deaton argues that the present level of inequality is a threat to “democratic capitalism” but contends that historically, even more severe inequality has been reversed.
Read more...Rising Emissions Are Robbing Us of Nutrients
Yet another reason to combat carbon emissions: More of them = less healthy food.
Read more...The Politics of CEOs
Quelle surprise! CEOs back parties with an eye to increasing their own power.
Read more...“We Wargamed the Last Days of Brexit. Here’s What We Found Out.”
Yves here. It seemed fitting to post again on Brexit, if nothing else to commemorate, if that’s the right word, Boris Johnson becoming Prime Minister of the UK Wednesday afternoon. It’s not a good omen that the EU has felt compelled to debunk Johnson’s campaign claims about Brexit that have been taken up again by […]
Read more...‘This Is the Beginning’: New Study Warns Climate Crisis May Have Been Pivotal in Rise of Drug-Resistant Superbug
How rising temperatures helped create superbug C. auris and may turn other fungi lethal.
Read more...Softening Real Estate Markets in Prime West Coast Cities: Does China Trump IPOs?
Looking at undercurrents in West Coast economies and what they might portend for the US.
Read more...Keeping the Oil in the Soil
The goal of any serious climate policy is to keep oil and other fossil fuels in the ground. The central question is how.
Read more...Links 7/23/19
Facebook: Mark Zuckerberg’s Fake Accounts Ponzi Scheme
Why Facebook may be a bigger fraud than Enron.
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