A Stopped Clock Asks Two Good Questions — Will Trump Resign? Will Democrats Impeach Him?
Looking at presumed end-games for the pursuit of Trump.
Read more...Author Archives: Yves Smith
America’s Broken Retirement System is a Recipe for Political Chaos
Bolstering, rather than cutting, Social Security is the solution to America’s retirement train wreck.
Read more...White-Collar Criminals Got Off Scot-Free After the 2008 Financial Crisis — and That Helped Fuel President Trump’s Rise
Ten years later, Trump’s rise to power is a consequence of poor governance.
Read more...Why Marcie Frost’s Shoddy Resume Alone Was Reason Not to Hire Her at CalPERS
Did any member of the CalPERS Board actually read the words in Frost’s resume?
Read more...Will Saudi Arabia’s Geopolitical Strategy Backfire?
Yves here. Perhaps because the author assumes readers are already familiar with this part of the Saudi story, the kingdom is facing serious budgetary pressures even with oil now over $70 a barrel. Stability has been achieved only by generous payments to the populace at large. Take that away and the legitimacy of the government […]
Read more...CalPERS’ CEO Marcie Frost’s Misrepresentations Regarding Her Education and Work History During and After Her Hiring
Another apparent case of employment fraud at CalPERS, this time with CEO Marcie Frost as the perp.
Read more...Cover-Up of CalPERS’ CEO Frost’s Misrepresentations of Her History: Document Destruction/Loss at CalPERS, Pressure on The Evergreen State College
While CalPERS CEO Marcie Frost’s cover-up of her resume misrepresentations is not worse than her crime, it looks awfully guilty.
Read more...A Private Investigator on Living in a Surveillance Culture
An insider’s take on surveillance.
Read more...Gaius Publius: Verizon Throttled Firefighters’ Data As Mendocino Wildfire Burned
Verizon shows that extortion is fundamental to its business model.
Read more...The Long Legacy of Frederick Douglass
A new book seeks to simultaneously situate Douglass among his contemporaries and the political challenges of today.
Read more...Love at First Sight—Old Man Adopts Dog
On the importance of a dog as a friend.
Read more...Landmark Kentucky Pension Case Against KKR, Blackstone, and PAAMCO to Move to Trial?
An update on an important pension fund fiduciary duty case.
Read more...Market Power, Low Productivity, and Lagging Wages: The Real Drivers
To understand labor productivity—and growing inequality—you have to look at the “dual economy”
Read more...Portland (Maine) Meetup Thursday, September 6 with Lambert and Yves
Announcing a Down East meetup for Thursday September 6. Hope to see you there!
Read more...Lump-of-Labor Fallacy: The Nastiest Motives of Nasty People
Why the lump-of-labor fallacy is bad for workers and for economics.
Read more...