Illinois Bill Targets Carried Interest Loophole
The Illinois, New York and Connecticut legislatures are end-running the Feds by going after the carried interest loophole.
Read more...Author Archives: Yves Smith
United Tinpot Tyrant Violates Contract, Abuses Customer by Cancelling Ticket for Being Videoed
United hasn’t given up its “kick the customer” service norms.
Read more...In Bleak Prognosis, Italy’s Financial Regulator Threatens EU with Return to a “National Currency”
European officials continue to dither while Italy’s banks burn.
Read more...Links 5/11/17
International Arbitration Is the Way to Settle the UK’s Brexit Bill
Arbitration would be a good way to resolve the thorniest Brexit issue, of settling the tab. But politics seem to preclude a sensible outcome.
Read more...Secretly Approved in Alaska, Will LNG Trains Soon Appear in Rest of US?
LNG trains were approved in Alaska, in apparent violation of NEPA rules. Are they coming to your state too?
Read more...Ilargi: Comey and the End of Conversation
Political and media reactions to the Comey firing show that American democracy is becoming dangerously factionalized.
Read more...VA Hospital Forcing Patients to Use Facebook and Twitter
So why is the VA promoting Rule by Facebook?
Read more...The Role of Social Security Wealth: A Head-to-Head Comparison of Germany and the US
Crunching some numbers on the value of social safety nets shows Americans are not as well off as pundits and pols would have you believe.
Read more...Links 5/10/17
Falling Through the Cracks: Insecure Work and the Social Safety Net
How the redefinition of work is not just imposing costs on laborers but society via factors like stress and poor training.
Read more...China Sickening into Classic Emerging Market Crisis
More and more analysts are getting nervous about China. Are there concerns warranted?
Read more...Will Trump’s Firing of FBI Director James Comey Be His Saturday Night Massacre? (Updated)
James Comey is out. What does this mean for Trump?
Read more...Immiseration Revisited: The Four Phases of Working Time
Immiseration theory, or why employers aren’t nicer to workers even though they become less productive the longer their workday.
Read more...Chicago Shows How Charter School Profiteering Bleeds Public Schools Without No Performance Improvement and Higher Segregation
Chicago as a case study in charter school rent extraction.
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