Privatizing the Apocalypse: How Nuclear Weapons Companies Commandeer Your Tax Dollars
How the nuclear weapons industry keeps itself out of the public’s eye despite its huge costs and risks.
Read more...Author Archives: Yves Smith
Gaius Publius: They Knew – Exxon’s Own Research Confirmed Fossil Fuels’ Role in Global Warming Decades Ago
Exxon knew as early as 1977 that earth’s climate was being seriously disrupted, and would continue to be disrupted, by carbon dioxide emissions. Yet in the 1980s they pivoted to financing an aggressive climate denial effort .
Read more...Links 9/22/15
Private Equity Asset-Stripping Strategy Meets Charter Schools to Produce Even Better Looting
Tax-free junk bonds. High real estate and transactions fees. High consultants’ fees. Lack of transparency. A charter school Ponzi scheme.
Read more...Nicholas Shaxson: Why a ‘Competitive’ Economy Means Less Competition
Nicholas Shaxson explains how a “Competitiveness Agenda” is being used to set industrial policies that favor the creation of what used to be called “national champions,” as in Really Big Companies. Never mind that neoliberals officially oppose anything so interventionist as industrial policy….
Read more...SEC’s Mary Jo White Plots to Oust Effective Accounting Regulator, in Face of Escalating Criticism Over Conflicts
The evidence that SEC Chairman Mary Jo White needs to go becomes more overwhelming with every passing day.
Read more...Iran Deal May Redefine The Middle East
A detailed discussion of how the US-Iran nuclear agreement is leading to considerable changes in alliances and priorities in the Middle East.
Read more...Links 9/19/15
Building a Historical Index of Happiness Using Google Books
Is there merit in trying to measure happiness hundreds of years ago versus now?
Read more...John Helmer: MH17 – The Lie to End All Truths, and New Evidence
Helmer concludes his series on the evidence in MH17 crash, and argues that it is inconsistent with a Buk missile having downed the plane.
Read more...Links 9/18/15
Will Banks “Cough Up Executives” in the Treasury Bid-Rigging Scandal?
The Department of Justice may face an early test of its long-overdue policy change, that the government will seek to prosecute individuals, including executives, in a simmering Treasury bid-rigging scandal
Read more...Wolf Richter: Bankers Threaten Fed with Layoffs if it Doesn’t Raise Rates
Yes, banks really do want the Fed to raise interest rates.
Read more...The Star Trek Fallacy: Romanticizing Imperialism
Was Star Trek wrong in promoting the notion that peaceful exploration is possible?
Read more...Contemporary Capitalism: Neoliberal Capitalism, Financialized Capitalism, or Globalized Capitalism?
Why “neoliberal” is the framework that best describes our new, post 1980 form of capitalism.
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