CalPERS Board Member Theresa Taylor Breached Confidentiality, Board Engaged in Apparent Criminal Violations of Open Meeting Law in Attacks on Pro-Transparency Board Membrs
CalPERS has managed to outdo itself, in a predictably bad way.
Read more...Author Archives: Yves Smith
One Nation Under Stress?
Why stress is not all it is cracked up to be.
Read more...Links 8/17/19
De-Facto Annexation of Kashmir Means India as a Secular State is Ending
Some of the implications of India’s annexation of Kashmir.
Read more...Out of the Ashes of Puerto Rico’s Economy Emerges a Promising Currency for All
A local currency in Puerto Rico gets a foothold in the US.
Read more...A New Assessment of the Role of Offshoring in the Decline in US Manufacturing Employment
Offshoring killed American manufacturing jobs.
Read more...Links 8/16/19
Advertisers Blacklisting News, Other Stories with “Controversial” Words Like “Trump”
How advertisers are killing the news business.
Read more...Life, Deferred: Student Debt Postpones Key Milestones for Millions of Americans
The student debt crisis has produced a decline in homeownership, marriage, and childbearing rates among the young.
Read more...Even Larry Summers Denounces World Bank’s “PEF” Ebola Bonds That Enriched Investors at Expense of the Sick in the Congo
The World Bank wants to double down on financial gimmickry rather than develop the public health infrastructure to combat pandemics.
Read more...Who Will Pay for the Huge Costs of Holding Back Rising Seas?
Combatting rising seas is a big ticket item, and one beyond the meane even of prosperous cities.
Read more...Links 8/15/19
Dow Jones “Emasculated” in CalPERS Copyright Abuse Per Supreme Court Amicus Brief Citing Work of This Humble Blog
Dow Jones complains to the Supreme Court that it should have gotten a ton more money from the massive CalPERS copyright theft that we exposed.
Read more...Brexit: According to Script
The commentariat’s Brexit predictions are playing out, sadly.
Read more...Inflation Data Shows Tariffs Are Not a Tax on Consumers but on Foreign & US Corporations
Yves here. It has been reported in venues like the Financial Times that importers who would face increased costs from tariffs on China were taking steps so as not to increase prices to customers, which includes making their suppliers give better prices and eating some costs too. With profit share at a record high level […]
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