Why the Green New Deal Is the Stuff of Fantasyland
Why the Green New Deal can’t deliver on its promises.
Read more...Author Archives: Yves Smith
Bill Black: Trump CFPB Plans Obscene Change to Payday Lender Rule
The Trump Administration is out to weaken payday lender regulations so as to allow the industry to put borrowers on a debt treadmill that leads almost inevitably to bankruptcy.
Read more...Longtime Reporter Leaves NBC, Accuses Media of “Lionizing Destructive Organizations” Like the FBI
The FBI is openly setting out to make and break political leaders, undermining what we have left of a functioning democracy.
Read more...Cancelling NYC Meetup This Friday, January 18; Need Input On Planned Fort Lauderdale Meetup on Thursday, February 7
Readers have expressed virtually no interest in the first two scheduled meetups of this year, and we have gotten the message.
Read more...CalPERS Fiasco 2: Confidential Member Data at Risk by Letting Company With No Contract Have Access; CalPERS Apparently Still Has No Deal With Any Vendors for Upcoming Elections
How CalPERS gave access to its sensitive member database to a company it barely knew, Votem Corp., with no contractual protection whatsoever. That’s like giving the keys to your house to someone you just met.
Read more...CalPERS Fiasco: Impermissible Non-Public Board Election Count; Failure of Widely Criticized Internet Voting to Deliver on Any Goals; Botched Tabulation
CalPERS refused to abandon its half-baked idea to push beneficiaries to vote by Internet ant phone. The scheme had not only failed to produce its alleged benefits, but it’s also again demonstrated CalPERS’ incompetence and deep commitment to cronyism.
Read more...‘A Reckless Advocate of Military Force’: Demands for John Bolton’s Dismissal After Reports He Asked Pentagon for Options to Strike Iran
John Bolton manages the difficult task of making me yearn for the days of Henry Kissinger.
Read more...Links 1/12/19
Off-Roading, Chopped Joshua Trees, Overflowing Toilets: Our National Parks During a Shutdown
Wreckage of national parks during the shutdown as yet another sign of lack of social cohesion.
Read more...$15 Minimum Wage: Job Killer or Path Out of Poverty?
This Real News Network segment sets forth the most common arguments against increasing the minimum wage to $15 an hour, or alternatively, a living wage level, and shows why they don’t hold up to scrutiny. A decent minimum wage is even more important when the supposedly robust US economy is increasingly creating McJobs. JAISAL NOOR: […]
Read more...Please Join Our “Come in From the Cold” NYC Meetup Next Friday, January 18 and Fort Lauderdale Meetup Thursday February 7
Hope you can make our NYC or Fort Lauderdale meetup’! You’ll find good company and if you are so inclined, plenty of potables.
Read more...The Downside of Market-Minded Philanthropy
Beware of squillionaires practicing philanthropy…..
Read more...Trillions In IPO Funds At Risk Over Government Shutdown
It turns out the often-maligned SEC is much missed as the Federal partial shutdown puts the IPO market on hold.
Read more...China Won’t Be Taking Over
Why China is fragile and starting to look wobbly.
Read more...Thoughts on Warren and Sanders: How Much Change Is Needed in 2021?
A look at Warren’s and Sanders’ fundamental political stances and what they might mean for their 2020 campaigns.
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