Author Archives: Yves Smith

Gaius Publius: Hillary Clinton Explains Our North Korea, South Korea, China Policy

Why America’s belligerent posture towards North Korea needs to be taken with a fistful of salt.

Democrat Disunity: Hypocritical Media Attacks on Sanders

The Democrats so can’t stand Sanders’ refusal to change his policies that they are undermining their own “Unity Tour” with press attacks.

Former Workers at Elon Musk’s SolarCity Allege Employment Abuses, Improper Installations

Over 2000 former SolarCity workers allege labor violations, like denying overtime pay and bathroom breaks, as well as shoddy installations.

Please Come to Our Washington DC Area Meetup This Friday, April 28

Hope to see you at our meetup this Friday!

Links 4/22/17

The Automation Grift: From Flying Cars to Ordering Cat Food on the Internet – Part 2

Why claims for automation getting rid of workers are greatly exaggerated.

America is Regressing into a Developing Nation for Most People

Like developing countries, America is becoming more stratified, with the economic and physical distance between rich and poor widening.

Links 4/21/17

Too Little, Too Late Lawsuit Against Predatory Servicer Ocwen Demonstrates Failure to Address Servicing Abuses

Recidivist mortgage servicer Ocwen gets whacked by the officialdom yet again, showing how inadequate mortgage “reforms” under Obama were.

The Amazon.com Effect: Retailers Say They’re Not Selling, but Consumers Report They Are Buying

Are retail sales understated because online retailers aren’t fully captured in the data?

Investor-State Dispute Settlement (ISDS) Suits Become Favored Hedge Fund Investment

ISDS suits are increasingly getting financial backing from speculators like hedge funds.

Mexico’s Economy Is Being Plundered Dry

Some vignettes of Mexico as a failed state.

Health Care “Reform” by Insiders Who Benefit from the Status Quo: Media Fails to Report Conflicts of Interest

Quelle surprise! The press regularly presents highly paid, well-connected health care insiders as independent voices on “reform”.

13 Questions That Expose Charter School Falsehoods

The sales pitch made by charter school boosters does not hold up to scrutiny.