BluecollarAl on Our Divided Nation
Our nation seems more divided than ever. And that isn’t an accident.
Read more...Author Archives: Yves Smith
re: F@ck Work?
Why the Job Guarantee versus Universal Basic Income is not about work, but about governance.
Read more...Three Theories Behind the Global Productivity Slowdown
A discussion of mainstream views on productivity growth slippage, plus a pet theory from Yves.
Read more...Links 1/21/17
Taxcast: South Dakota as Tax Haven, Stopping Corporate Tax Dodgers
How South Dakota is helping the US become an even bigger player in the tax haven game.
Read more...Wolf Richter: Mnuchin as Sears Director Oversaw Asset Stripping, Underfunding of Pension; Faces Conflict as Treasury Secretary
Treasury Secretary nominee Steve Mnuchin only got his hair messed up a bit at his Senate confirmation hearing.
Read more...Ending Too Big to Fail
Yves here. Remember the explosion of press coverage last year when incoming Minneapolis Fed member and former Goldmanite and Treasury official Neel Kashkari announced his intent to develop a plan to end the “too big to fail” problem. He not only was going to devote Minneapolis Fed researchers to his program, but solicited broad based […]
Read more...Bernie Sanders and Trump’s Pick for Health and Human Services Face Off on Right to Health Care
Sanders remains virtually alone among opposition leaders in being willing to take on Trump Administration policy positions.
Read more...How CalPERS’ Fiduciary Counsels Sabotage Good Board Governance and Quash Dissent
How CalPERS went from being a leader in good governance to being a train wreck, and now fixates on stymieing itsl one effective board member.
Read more...How The Bond Buyer Hyped a Goldman Ripoff of DC Water as “Deal of the Year”
Municipal bond publication The Bond Buyer gives itself a black eye by touting a ripoff of a sewer and water authority as a good deal.
Read more...Baby Boomers Retirement Begins To Drain Cash in the US
Baby boomers must start retirement account withdrawals at age 70 1/2 and some do earlier of necessity. Will that affect markets?
Read more...Links 1/18/17
How Experts Enable Corruption: The Role of Conflicted Lawyers at CalPERS and Other Public Pension Funds
As Trump is about to be sworn in, the press and pundits are agog about his and his fellow Cabinet members’ deep and extensive conflicts of interest, and how dangerous they is for democracy.1 But the hue and cry about conflicts of interest is late in coming. They’ve been tolerated more and more over time […]
Read more...John Helmer: Parsing the Dossier on Trump’s Alleged Russian Bedroom Antics
A close reading of the “golden showers” dossier, including sources, methods, and reported payments for information.
Read more...Gaius Publius: How Police Use Military Technology to Secretly and Persistently Track You
How police are using military technology to spy on you even better.
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