Author Archives: Yves Smith
The Hidden Cost of Privatization
Privatization conflates public and private interests. In conflicts between them, the private interests win out.
Read more...Wolf Richter: This Toxic Trifecta for Auto Loans is Fueling #Carmageddon
Recent vintage auto loan securitizations are going rancid, and for good reason.
Read more...U.S. Women Disproportionately Burdened by Student Debt
The wage gap hits women hard in paying off student debt.
Read more...The Universal Basic Income Discussion
Kicking the tires on various Universal Basic Income proposals.
Read more...Links 6/13/17
Lee Camp: How to Write Propaganda for the NY Times – As Demonstrated in an Article About Me
Lee Camp dissects a New York Times hatchet job that manages the difficult feat of having almost nothing accurate in it save Camp’s name.
Read more...Trump Administration Welshes on “Repeal Dodd Frank” Promise, Does Not Back Key Elements of House Bill; Seeks to Give Banks Lots of Other Goodies
Banks are champing at the bit to get Dodd Frank “reform,” when for many, the changes will actually increase their costs.
Read more...Nina Turner: Wall St. Democrats vs. Working Class Democrats
A wide-ranging discussion with Nina Turner from the People’s Summit in Chicago.
Read more...Trump, Republicans Make Bogus Case for Bank Deregulation as Senate Certain to Curtail House Dodd Frank “Reform”
Trump and the Republicans are moving forward with deregulation plans that serve big bank bottom lines, not the broader economy.
Read more...West Coast on an Acidification Trip; Fishing Industry in Peril
Ocean acidification produced by global warming is bleaching coral reefs and threatening ocean life, yet gets little media coverage.
Read more...Links 6/10/17
What’s the Cost of Keeping Corrupt Pharma-Stooge Senators Like Patty Murray in Office?
Why Democratic voters need to turf out Senators who put the profits of drug companies above their constituents’ needs.
Read more...Trump’s America Last
Why Trump’s rejection of the Paris Accord is a prescription for American non-competitiveness.
Read more...CalPERS Internal News Site Ignores Unfavorable Stories, Steals Copyrighted Material
One of the reasons we’ve had insight into what CalPERS is thinking is that it has an internal news site that it curiously has not password protected, as you’d expect, particularly given how it operates.1 Historically, we found it useful not only because it gave us insight into what the Office of Public Affairs (PAOF) […]
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