We’re Winning, Even If We Have to Put Up With Ben Bernanke Naming His Book “Courage to Act”
The 99% is winning, even if the press is working hard to minimize the evidence of success.
Read more...Author Archives: Yves Smith
Links 10/20/15
5 of the Biggest Acts of Corporate Hypocrisy in America
Socialism for the rich is inherently hypocritical….but which forms of corporate truth-distortion are the most brazen?
Read more...Dutch Safety Board’s Tjibbe Joustra on MH17: Absence of Evidence is Not Absence of Evidence
What the DSB head Tjibbe Joustra says about MH17 often doesn’t jibe with the physical evidence available.
Read more...Eric Zuesse: Europe Secretly Starts Imposing TTIP “Trade” Deal Despite the Public’s Overwhelming Opposition
The European Union is already secretly imposing provisions from the secret Transatlantic Trade and Investment Partnership (TTIP) treaty, even before anyone has signed it, and even before it has been formally approved in any nation.
Read more...Adam Levitin: Fighting for the Middle Class
How the deck is stacked against the middle class, and what it takes to change that.
Read more...NY Times’ Gretchen Morgenson Exposes More Layers of Private Equity Fee Chicanery
Investors in private equity like public pension funds have no idea how much they are paying in costs and fees. That allows for excessive costs and chicanery to continue.
Read more...How Monsanto Solicited Academics to Bolster Their Pro-GMO Propaganda — Using Taxpayer Dollars
Contrary to what most consumers believe, the pro-GMO research that was presented as independent was paid for by Monsanto.
Read more...Thanks! Met Our Third Goal, on to the Fourth!
We are marching along towards our goals in the fundraiser. Our new one is for staffing to allow for 24/7 coverage 365 days a year.
Read more...Jeff Connaughton: On to Iowa and New Hampshire
Former lobbyist, White House and Senate staffer Jeff Connaughton explains how Naked Capitalism had an impact after the crisis and continues to do so today.
Read more...Mark Ames: Why Finance is Too Important to Leave to Larry Summers
Mark Ames explains why the left became stupid about finance and why that was a very costly mistake.
Read more...Links 10/17/15
Michael Hudson: The Paradox of Financialized Industrialization
The great question today is whether post-feudal rentier capitalism will stifle industrial capitalism instead of serving it. The aim of finance is not merely to exploit labor, but to conquer and appropriate industry, real estate and government. The result is a financial oligarchy, neither industrial capitalism nor a tendency to evolve into socialism.
Read more...How Much Money Does the 1% Have Hidden in Tax Havens?
UC Berkeley professor Gabriel Zucman is doing pathbreaking work on tax havens. HIs estimates of how much the rich hide in them are eye-popping.
Read more...Nicholas Shaxson: Naked Capitalism – Seriously, Where Else Are You Going to Go?
By Nicholas Shaxson, the author of Treasure Islands, an award-winning book about tax havens. He also writes regularly at Tax Justice Network and Fools’ Gold. This is fundraising week for Naked Capitalism. If you’ve been meaning to contribute and haven’t gotten to it yet, you can dispense with the preliminaries and do so here, right […]
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