Gaius Publius: Picking Up James Comey’s Pieces — What He Did, What He Should Have Done & Why
On the logic, such as it was, of FBI chief James Comey’s decision to let Hillary Clinton off the hook for her e-mail chicanery.
Read more...Category Archives: Banana republic
Louis Proyect: Rooting for the Bulls
Bullfighting and the running of the bulls as symbols of Spain’s feudal past, and why they persist.
Read more...Congress Exposes That DoJ Overruled Recommendation to Indict Money Launderer HSBC Over Too Big to Fail Worries
Why money-launderer HSBC got off so easy in 2012: it had lots of official help.
Read more...Deutsche Bank Chief Economist Joins SocGen Chairman in Trying to Foment Banking Crisis to Get Germany, Brussels to Blink
Why bank executives are stoking a banking crisis.
Read more...Los Angeles Times: Treasurer Chiang’s Private Equity “Transparency” Bill Fails to Deliver (Updated: LAT Misrepresents Credentials of PE Booster)
The Los Angeles Times describes how Treasurer Chiang’s private equity bill, AB 2833, has become toothless.
Read more...Gaius Publius: Could Endorsing Clinton Hurt Down-Ticket Democrats? Polling Says Yes.
Supporting Clinton has a cost. Sometimes there is justice in the world.
Read more...Political and Financial Contagion from the Italian Banking Crisis: Italy’s Exit?
Eurocrat rigidity about half-baked, never-tested bail in rules could turn an Italian banking crisis into a full bore financial and political meltdown.
Read more...Brexit Empty Threats: The UK’s Fantasy of Becoming a Big Tax Haven
How a naive idea about the UK becoming a big fat tax haven to stick it to the EU reveals a lot about official and pundit thinking.
Read more...Quelle Surprise! SEC’s “Make the World Safer for Fraudsters” JOBS Act Does Little to Help Companies Raise Money
As we predicted, the JOBS Act is a flop. Here’s why.
Read more...Bill Black and Stephanie Kelton: Is it Time for a New Deal Federal Jobs Program?
On the need for New Deal levels of spending on national priorities and the myths and political grifting that prevent it.
Read more...New York Times’ Gretchen Morgenson: Private Equity Transparency Bills, Including California Treasurer Chiang’s AB 2833 “Hit a Wall”
Why California Treasurer John Chiang’s private equity transparency bill, AB 2833, would actually set back the cause of private equity reform.
Read more...Bill Black: When Is Crime Not a Crime? When It Is White-Collar Crime
Yet another demonstration of how the media airbrushes out the very concept of white-collar crime.
Read more...John Helmer: Armchair General Sells Australian Involvement in Ukraine….On Behalf of Arms-Maker-Funded Think Tank
An effort to enlist Australia as an ally of NATO in Ukraine reveals the reach of the military-industrial complex, as well as its methods.
Read more...Bill Black: BREXIT – Tony Blair
Tony Blair sides with the bankers and against the popular will. Quelle surprise!
Read more...Why Don’t Americans Take More Vacations? Blame It on Independence Day
Independence Day’s roots as an “Americanization” PR project to increase acceptance of immigrants who competed with native-born workers.
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