Why CalPERS Private Equity Outsourcing Beauty Show Is Arbitrary and Capricious
More evidence that CalPERS is making a hugely important and costly decision in a cavalier, even reckless, manner.
Read more...Category Archives: Banana republic
All Guns, No Butter: Military Contractors as Welfare Queens
The Trump budget is particularly shameless in providing more pork to the military despite the absence of any genuine pressing need.
Read more...Killing a Parasite — Canceling Student Debt, Part 1
How student debt is killing its host.
Read more...Trump SEC Fails to Pursue Aggressive Deregulatory Agenda (Albeit from Previous Pathetic Baseline)
WSJ reports Trump SEC has failed to pursue an aggressive deregulatory agenda; legislation necessary to disable securities framework further.
Read more...Bill Black: Once a Poster Child for Austerity, Latvia Becomes a Hotbed of Corruption
Bill Black discusses how in two years Latvia has morphed from poster child for austerity for the financial press to a nest of banking corruption.
Read more...Inside the Trump Admin’s Fight to Keep the Keystone XL Approval Process Secret
The Trump Administration has been withholding documents in the ongoing suit against the Keystone XL pipeline.
Read more...Trump’s Bogus Infrastructure Plan Takes the U.S. Further Down the Road of Rentier Capitalism
The public-private partnerships Trump proposes are a sick neoliberal joke.
Read more...Treasury Proposes Dubious, Untested Chapter 14 Bankruptcies for Too Big to Fail Banks
Treasury released an ideologically-driven proposal to change Dodd Frank’s resolution authority.
Read more...Law Professor Proposes Bringing Back Indentured Servitude
Indentured servitude is the new idea for how to get immigrants to come to American at less than minimum wage pay.
Read more...Do Russiagate Skeptics Go Too Far?
A Russiagate debate.
Read more...Tax Astroturf: The B-Team Lowers the Bar for Tax Transparency
Quelle surprise! The B Team, a supposed top group for “responsible business,” punts on tax transparency.
Read more...The Free Market Threat to Democracy
Democracy is not under stress – it’s under aggressive attack, as unconstrained financial greed overrides public accountability.
Read more...Gaius Publius: Obama Energy Secretary Named to Board of Utility Giant
Obama alumni taking revolving door Big Energy jobs puts paid to the idea that Dems are less beholden to corporate interests than the GOP.
Read more...Wells Fargo Screws Customers Yet Again, Now Failing to Make Right on Abuses; Elizabeth Warren Demands Answers
Wells Fargo is still up to no good…
Read more...Monopoly Now Wants You to Cheat—Just Like Real Capitalists
Bad monopoly behavior, both in the classic game and in real life, are ever more in vogue. But a backlash has begun.
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