Author Archives: Yves Smith
Clinton Policies Have Hurt Women
Clinton preaches trickle-down feminism, which just like trickle-down economics, serves only the interests of those at the top of the food chain.
Read more...Satyajit Das: “Stay in the Name of Reform” – The Fed and ISDA’s Derivative Bankruptcy Initiative
Why a proposal to “stay” derivatives termination in the event of bank bankruptcy is inconsequential and avoids bigger questions about the use of derivatives and failure to rein in risks in this market.
Read more...Democrat Hedge Fund Investors Underwrite Political Networks to Privatize K-12 Public Education
Who says Democrats and Wall Street don’t get along? Hedge funds promote a war on teachers’ unions to boost school privatizations.
Read more...Michael Hudson: Warning to Europe – How the TTIP Threatens Public Health Care and Pensions
Why the TTIP poses a wide-ranging threat to European health and pension policies.
Read more...Links 5/11/16
As Clinton Looks Vulnerable, Event Risk Favors Trump (and Sanders)
When Donald Trump became the presumptive Republican nominee, you could almost hear the glee from Camp Clinton. Lambert called the tweets from her supporters “giddy”. The pundits saw Advantage Clinton in her presumed lock on women, blacks, Hispanics, as well as the divide of red versus blue states working in her favor. Yet the body […]
Read more...Gaius Publius: A Corporate Convention: “Comcast Presents … The Democratic Party. Welcome to Philadelphia.”
The Democratic party convention will put its big-money soul on tawdry display.
Read more...Noam Chomsky: How Imperial Violence Backfires – Lessons from the Middle East
How American intervention in the Middle East has produced a counterproductive cycle of violence.
Read more...Pentagon Allowed to Supply Military Gear Directly to Homeland Security Dept. for ‘War on Immigrants’
Military-style policing gets another boost, this with targeting immigrants as the pretext.
Read more...Links 5/10/16
Germany Blinks on Giving Debt Relief to Greece….or Did It?
Despite press reports to the contrary, in this year’s game of chicken over the Greek bailout, it looks like the IMF, and not Germany, blinked.
Read more...Smart Money Doing Private Equity in House as General Partners Warn of Lower Returns, Dumb Money Pours In
Super rich families are figuring out that private equity firms are charging more that they are worth.
Read more...What OPEC Has To Fear From The New Saudi Oil Minister
Don’t expect any change in Saudi oil strategy any time soon.
Read more...The Minimum Wage Increases = Job Loss Myth
Repeat after me: study after study shows that minimum wages increases don’t lead to job losses.
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