Author Archives: Yves Smith

Richard Murphy: Brexit Yellowhammer Is Wrong, but That Doesn’t Mean We Should Ignore It

The Brexit headlines focused on Yellowhammer when that isn’t the biggest development of the day.

Axios: What’s the Actual Cost of Not Addressing Climate Change?

bunking some arguments against Sanders’ climate change program.

The Two Sides of Government Guarantees for Banks

Not all guarantees are created equal, and what that means for banks.

Links 9/11/19

Under Bloomberg Pressure, CalPERS Coughs Up BCG Report on Private Equity, Confirming Criminal Abuse of Open Meeting Law; Board President Henry Jones Casually Leaks Confidential Information

A peek into how CalPERS abuses confidentiality when public agencies are supposed to be public.

Andrew Bacevich, Ending War, American-Style

The US hasn’t won a war since World War II, and even then, the Soviets deserve most of the credit. So how do we keep up appearances?

CalPERS Election Corruption: Huge and Illegally Opaque Dark Spending Against Pro-Accountability Candidate JJ Jelincic

Yet more on CalPERS election shenanigans.

CalPERS, Treasurer Fiona Ma, Board Members David Miller and Theresa Taylor, and CalPERS Employees Engage in Illegal and Dishonest Electioneering Against Candidate JJ Jelincic

More on CalPERS’ election meddling.

Links 9/10/19

States Pass Record Number Of Laws To Reel In Drug Prices

States go to war against drug price gouging.

Here Are Photos of Some of the Dilapidated Equipment San Francisco Wants to Buy from Bankrupt PG&E for $2.5 Billion

Californians have had it with PG&E. But is San Francisco overpaying to get rid of them? Take a look.

Who’s Responsible for the Ecocide in the Amazon

Ecocode is profitable, so follow the money.

Brexit: Ultra Fracas

Why the Brexit Ultras are down but not out.

CalPERS’ Blatant Election and Mail Fraud: See-Through Envelopes for Completed Ballots; Illegal Electioneering by Treasurer Fiona Ma, Board Members David Miller and Theresa Taylor; Huge and Illegally Opaque Spending Against Challenger JJ Jelincic

CalPERS takes its election fixing to a new level.